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The company runs Vietnam’s largest all-electric taxi fleet under the Xanh SM brand [SINGAPORE/HANOI] Vietnamese electric-vehicle (EV) taxi operator Green and Smart Mobility (GSM), an…
Data centre capacity is seen as a necessity for developing top AI models, though some have debated how much computing power can improve the technology The Elon Musk-backed artificial…
The crypto exchange has until this year raised only about US$27 million in primary capital Kraken is in advanced talks to raise new funding that could value the crypto exchange at about…
Uber Technologies announced US$20 billion in new stock buybacks after sharing a better-than-expected third-quarter forecast and quarterly results, suggesting that growth at its core…
Billionaire Prajogo Pangestu’s fortune is soaring once again, a sharp reversal from the precipitous falls that erased billions over the past year. The 81-year-old, who is Indonesia’s…
[Bengaluru] Kraft Heinz is studying a potential spinoff of a large chunk of its grocery business, including many Kraft products, into a new entity that could be valued at as much as US$20…
Malaysia’s biggest airlines sealed Airbus deals worth US$20 billion as Prime Minister Anwar Ibrahim wrapped up his European tour. AirAsia reached a tentative agreement to purchase as many…
Elon Musk’s XAI Holdings is in talks with investors to raise roughly US$20 billion in funding for his newly combined artificial intelligence (AI) startup and social media business,…
Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs),…
A GROUP of American investors vying to buy TikTok with support from top YouTuber MrBeast has secured more than US$20 billion for their offer, according to Jesse Tinsley, the tech…
SINCE Donald Trump was first elected in 2016, Hussain Sajwani, the head of Damac Group, wanted the world to know he was the US president’s man in the Middle East. The real estate…
