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Deals

Chinese AI firm Moonshot has Nvidia chip cluster from Alibaba computing deal

The Alibaba-backed startup can access about 20,000 Nvidia chips through computing agreement.

Just InTrending

1

Chinese AI firm Moonshot has Nvidia chip cluster from Alibaba computing deal

2

Holcim to sell Philippines unit to China's Huaxin for $807m

3

Chinese EV maker BYD's sales rise for third month, buoyed by exports

4

Editor's Take: The Week That Was—July 27-August1

5

AI is a catalyst for structural change, not an investment thesis in itself: Genesia

More Stories

1

Bukalapak extends positive EBITDA streak in Q2 despite first-half net loss

2

Atome delivers second profitable year as biz grows beyond BNPL

3

Brookfield Asset Management gets nod to buy Oaktree entities

4

3one4 Capital raises $15m fund to back underrepresented founders

5

Vingroup’s H1 revenue climbs 72.5% to $8.5b led by VinFast, Vinhomes

Deals

Holcim to sell Philippines unit to China’s Huaxin for $807m

The transaction is expected to be completed in the first half of 2027.

Deals

Chinese EV maker BYD’s sales rise for third month, buoyed by exports

BYD’s overseas shipments of passenger vehicles and pickups jumped 124.3% year on year to 179,841 units in July.

Analysis

Editor’s Take: The Week That Was—July 27-August1

Reports, analyses, deal updates, and more in this edition.

Venture Capital

AI is a catalyst for structural change, not an investment thesis in itself: Genesia

General Partner Takahiro Suzuki explains the Japanese VC’s plans following the close of Fund IV.

Greater China

MediaTek mulls $5 billion financing for AI data centre chips

MediaTek expects its data centre AI chip business to generate more than $2 billion in revenue in 2026.

World

Brookfield Infrastructure explores $5b sale of Canada’s NorthRiver

The investment firm is working with bankers to solicit potential buyer interest in the pipeline operator.

World

Ares raises record $36b in Q2 on private credit fundraising momentum

Ares Management, one of the biggest names in private credit, reported a record fundraising of $36 billion in the second quarter on Friday, as insti...

India

Temasek-backed Manipal Health’s India IPO oversubscribed amid institutional demand

The shares set aside for retail investors were subscribed only 0.93 times.

Vietnam

Vingroup’s H1 revenue climbs 72.5% to $8.5b led by VinFast, Vinhomes

Vinhomes recorded adjusted revenue of $5.1b—3x the level a year earlier.

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