Deals
The AI unit will work with Hong Kong University of Science and Technology as its anchor academic partner.
1
After Singapore, HSBC to launch AI Institute in Hong Kong
2
Amazon-backed Indonesian quick commerce firm Astro eyes fresh funding
3
Nihon PMI sees opportunities in Japan's healthcare succession challenges
4
India Deal Review: Startup funding dips 5% to $3.86b in Q3
5
Singapore's Evo Commerce raises $6.4m via preference shares
More Stories
Northstar closes maiden VC fund at $140m with support from existing LPs
IFC investing $50m in A.P. Moller’s latest emerging markets infrastructure fund
India’s B2B marketplace Udaan raises $340m, eyes public listing
Editor’s Picks: The Week That Was – Oct 26-31
Antares Ventures taps Asian industrials with deep tech fund
Analysis
Meanwhile, some investors are exploring partial stake sales.
Interviews
The firm is targetting 30 billion yen ($200 million) for its second fund.
Funding value, however, rose 25.3% on a year-on-year basis.
Venture Capital
AVC Capital, Openspace Capital-linked vehicle accounted for most of the proceeds.
Greater China
QuantumCompute indirectly holds an approximately 85.94% stake in Shanghai Tianjing Fulian.
Chinese firms are developing AI to make humanoid robots more useful.
World
US tech stocks have suffered a rout amid growing worries over massive spending on AI.
The Nigeria-focused company described the inquiry as relating to a jurisdiction “immaterial” to its core operations.
The heist adds to a string of recent crypto thefts.
