China blocks Meta’s $2B Manus deal after months-long probe
China has ordered Meta to unwind its multibillion-dollar Manus acquisition, dealing a potential setback to Zuckerberg’s push into AI agents.
Salmon raises $100M in equity and debt to bring digital credit to underbanked Filipinos
Salmon is targeting underbanked Filipinos, with little to no credit history, as well as people unhappy with the incumbent lenders’ reliability issues.
Labor unrest at Samsung may worsen memory chip supply issues
Tens of thousands of Samsung Electronics workers held a rally at the company’s Pyeongtaek campus in South Korea on Thursday to signal they are prepared to walk off the job for an 18-day strike next month.
In Japan, the robot isn’t coming for your job; it’s filling the one nobody wants
Driven by labor shortages, Japan is pushing physical AI from pilot projects into real-world deployment.
ScaleOps raises $130M to improve computing efficiency amid AI demand
ScaleOps just raised $130M to tackle GPU shortages and soaring AI cloud costs by automating infrastructure in real time.
Qodo raises $70M for code verification as AI coding scales
As AI floods software development with code, Qodo is betting the real challenge is making sure it actually works.
Memory chip giant SK hynix could help end ‘RAMmageddon’ with blockbuster US IPO
SK hynix’s potential U.S. listing could raise $10-$14 billion to help it build more capacity, encourage others to follow, and end the ‘RAMmageddon’ memory shortage.
Grab to buy Foodpanda Taiwan from Delivery Hero for $600 million
Grab will acquire Delivery Hero’s Foodpanda business in Taiwan for $600 million, expanding beyond Southeast Asia and setting up a closer challenge to Uber Eats in a tightly contested market.
Chinese brain interface startup Gestala raises $21M just two months after launch
This is the largest early-stage funding in China’s brain computer interface industry.
Indonesia outlines plan to limit under-16s’ access to social media
Indonesian has outlined new regulations that would restrict users under 16 from accessing digital platforms.