Startups
GIC-backed Thai startup weighs IPO in Hong Kong or New York
Line Man Wongnai is moving ahead with plans to raise funds as it intends to boost investment in its fintech unit, Lineman Pay
Anthropic plans employee tender offer at US$350 billion valuation
Stripe and SpaceX have held multiple such deals
Nvidia nears deal to invest US$20 billion in OpenAI round
The startup is looking to raise up to US$100 billion in funding for a new round
OpenAI is unsatisfied with some Nvidia chips and looking for alternatives: sources
The chipmaker remains dominant in chips for training large AI models, while inference has become a new front in the competition
Waymo seeking about US$16 billion near US$110 billion valuation
The startup plans to aggressively expand the commercial service this year to many more American cities, as well as to the UK
Loyalty and rewards platform HeyMax raises a US$11 million Series A round led by Peak XV partners
Funding will be used to grow HeyMax’s partnership network in the region
Tokyo looks to bolster IPO market by luring startups across Asia
20 startups have been chosen for the TSE initiative with half of them based in Singapore and Taiwan
Global energy giant Engie pulling out of startups in Singapore and the region
It is offering all its interests held through an Asia-Pacific VC unit for sale
Fintech Airwallex enters South Korea market via Paynuri acquisition
The financial platform is looking to tap demand for Korean entertainment and consumer goods
OpenAI CFO says annualised revenue crosses US$20 billion in 2025
For 2026, the company will prioritise “practical adoption”, particularly in health, science and enterprise, Sarah Friar says
