Startups & Tech
Nanofilm shares jump 40.2% on increased revenue, profit margin
The company posts a 24% year-on-year rise in recognised revenue to S$55 million for Q1
User acquisition financing platform PvX Partners raises US$10.5 million Series A round
The company’s committed UA financing now exceeds US$750 million; it aims to quadruple deal flow in 2026
SpaceX has deal for right to acquire Cursor for US$60 billion
The rocket company has recently merged with xAI
Amazon to invest an additional US$5 billion in Anthropic
The AI company makes the Claude chatbot and coding tool
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Fridays: Hottest updates on the local SME scene to wrap up your week.
Temasek-backed CuspAI in talks to boost value above US$1 billion: sources
The company is focused on areas including semiconductors, sustainable energy, batteries and carbon capture
Apple defeats bid for new Apple Watch import ban at US trade tribunal
[WASHINGTON] A US trade tribunal ruled for Apple on Friday (Apr 17) against a bid from medtech company Masimo to reinstate an import ban on the tech giant’s Apple Watches.
STT GDC, SuperX launch AI Innovation Centre in Singapore
The facility aims to ‘fast-track’ AI initiatives from experimentation to production-ready scale
DeepSeek looks for data centre engineers in Inner Mongolia
It is the first time the company has publicly disclosed a data centre location
Bessent, Powell warn bank CEOs about Anthropic model risks, sources say
The company is stopping short of a broad release, citing concerns of the model exposing cybersecurity vulnerabilities
Time to buy US AI, tech names if Middle East de-escalation holds, say analysts
Singapore will also be the first to see clear benefits as AI comes to fore in Asia
