Business News
Curated business and financial news from top sources across Asia — banking, fintech, healthcare, enterprise, and markets.
Anthropic could spend $750b on computing power: report
Anthropic spent nearly US$9 billion on computing capacity and infrastructure in the period.
Read more →Singapore health AI startup Genie Health raises $3m seed
The startup's free app stores health records; its SmartCare tool helps clinics book follow-ups.
Read more →Zoom plans AI controls, compliance tools for enterprises
In 2024, a Hong Kong finance worker paid US$25m after a video call with deepfaked executives.
Read more →OpenAI acquires biopharma software platform Orchestra Bio
Per OpenAI, drug development takes about 10 to 15 years on average from discovery to US approval.
Read more →Ant Group unit, Damon Technology partner on warehouse AI
Ant Lingbo previously claimed a robot-sensing breakthrough to cut collisions with glass doors.
Read more →Meta’s global affairs chief to leave after 15-plus years
Meta appointed Kaplan to lead its global policy team in January 2025, replacing Nick Clegg.
Read more →Toku launches visual tool to build speech AI
The visual tool lets developers build and test speech AI pipelines on recorded calls, with all processing staying in Singapore.
Read more →Bain Capital backs HK fintech firm FundPark with $250m
FundPark said it finances ecommerce businesses and has also targeted sellers in cross-border commerce.
Read more →Qualcomm to cut jobs worldwide after annual reviews
Qualcomm had about 52,000 employees globally as of September 2025.
Read more →The world’s rich are turning inward. Southeast Asia’s entrepreneurs are packing their bags
For two decades, the startup gospel was simple: find product-market fit at home, then blitzscale across borders. In 2026, much of the world appears to be rethinking the second half of that sentence. According to HSBC’s Global Entrepreneurial Wealth Report (GEWR) 2026, the share of entrepreneurs globally who want to expand internationally fell six percentage [] The post The worlds rich are turning inward. Southeast Asia’s entrepreneurs are packing their bags appeared first on e27 .
Read more →DeepSeek open-sources tool to cut AI costs
It is designed to reduce deployment costs on Nvidia’s SM100 Blackwell graphics processing units and Huawei’s Ascend 950 chips.
Read more →Spark Capital leads $325m round for AI aviation startup ASI
In June, ASI beat Palantir and Thales to win a US$875 million FAA air traffic contract.
Read more →Salesforce to acquire marketing software firm for $5.6b
Braze shares jumped more than 51% on October 20, closing at US$45.57.
Read more →Blackwall raises $100m as valuation quadruples to $2.2b
Formerly known as BotGuard, Blackwall raised €45 million in a Series B led by Dawn Capital.
Read more →General Catalyst backs Otter.ai with $320m in funding
Otter said 40 million people have used its product to date, up from 25 million last year.
Read more →Bitcoin at US$82,829: Why a 95% correlation with the S&P 500 should worry long term believers
The digital asset landscape intertwines deeply with traditional equities rather than operating in isolation. The leading cryptocurrency recently climbed 1.67 per cent to reach US$82,829.06 over a single 24-hour period. This upward progression closely tracks a broad financial recovery. Risk assets worldwide are bouncing back from recent weakness. The digital sector mirrors this exact trajectory [] The post Bitcoin at US$82,829: Why a 95% correlation with the SP 500 should worry long term believers appeared first on e27 .
Read more →Southeast Asia’s US$1T digital dream slips five years, and AI is the new reason to keep believing
Every October, Google, Temasek and Bain Company gather Southeast Asia’s tech crowd around one seductive number. This year it is US$368 billion, the gross merchandise value (GMV) the region’s digital economy is projected to reach in 2026, up 17 per cent year-on-year. The longer-range promise is more than US$1 trillion by 2035. Long-time readers [] The post Southeast Asias US$1T digital dream slips five years, and AI is the new reason to keep believing appeared first on e27 .
Read more →Visa partners with Bill, Billtrust on AI agent payments
The pilot lets approved AI agents pay invoices without shared logins for supplier portals.
Read more →DayOne considers delaying, shrinking planned US IPO
Data Center Map lists 22 data centers for DayOne, though not all are confirmed operational.
Read more →81% of Singaporeans plan to use AI for gifts: Klaviyo
Among respondents in Singapore, 31% of AI-assisted shoppers planned to spend more than last year, compared with 10% of non-users.
Read more →SEA digital economy to top $1t by 2035: report
The report said 243 million people in Southeast Asia have adopted generative AI, or 58% of the region’s working population.
Read more →China’s Neolix partners with Sunway for Malaysia expansion
They could be deployed across Sunway’s townships and businesses, including its healthcare and retail operations.
Read more →Agentic AI is Singapore’s hottest job skill, and that should worry the people it replaces
Somewhere in Singapore this week, a recruiter is probably rewriting a job ad that once asked for “advanced Excel skills” so that it now asks for “hands-on experience with agentic AI workflows”. Multiply that by a few thousand listings and you arrive at the headline figure in Jobstreet by SEEK’s new AI Gauge. According to [] The post Agentic AI is Singapores hottest job skill, and that should worry the people it replaces appeared first on e27 .
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