Opinion
This concentration of capital creates a crowding-out effect on traditional industries.
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AI investment is becoming overly concentrated, Chinese official says
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AustralianSuper digs down on AI 'picks and shovels' to ride out global upheaval
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China market regulator to encourage Hong Kong listings
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Global tech sector to raise more funding amid AI boom: Blackstone
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DATA VANTAGE: TurtleTree in focus, and other updates
More Stories
Amazon-backed Indonesian quick commerce firm Astro eyes fresh funding
ESR appoints Roy Teo to lead SE Asia operations
Singapore’s Evo Commerce raises $7m via preference shares
HK’s IBS proposes $72m acquisition of AI chip designer QuantumCompute
Bain Capital raises over $1.8b for third Asia special situations fund
The LP View
The fund expected chipmakers and hyperscalers to weather AI turmoil.
Policy & Regulations
China will crack down on fraud and cross-border capital activities.
Analysis
Most of the major tech companies were expected to raise more capital.
Deals
TurtleTree’s Dutch entity has increased its stake in its Singapore arm to 91.8% from 30%.
Malaysia
Econili earlier raised funding led by Kumpulan Modal Perdana.
Singapore
The vehicle targets biotechnology and healthcare companies.
The company raised its full-year guidance for both revenue and adjusted EBITDA following the milestone.
Indonesia
The company is said to be raising $3-4 million in the new round.
Halal-certified coffee chain eyes Indonesia, Japan and other overseas markets.
