
Nvidia Explores Buyout or Expanded Stake in Reflection AI
The chipmaker is considering an acquisition or acqui-hire structure for the startup valued at 25 billion dollars as US firms push back against Chinese open-weight models.
Tag
33 stories in this topic

The chipmaker is considering an acquisition or acqui-hire structure for the startup valued at 25 billion dollars as US firms push back against Chinese open-weight models.

Jakarta-based e-commerce platform Bukalapak drew 584 million dollars in private capital from 26 institutional backers before restructuring its regional operations.

The Singapore-based executive joined in April from Google as the ChatGPT maker faces regional regulatory scrutiny and seeks a US$30 billion funding round.

The British start-up backed by Singapore’s EDBI and Roblox CEO David Baszucki aims to deliver a working quantum computer within the next decade.

The Hong Kong private equity firm has allocated more than 200 million dollars from its 500 million dollar tech budget, shifting its focus from large language models to robotics and specialized hardware.

Survey shows 52 percent of wealth managers in Hong Kong and Singapore now favor property assets, while allocation plans for alternative investments rose to 28 percent.

Tencent Holdings and battery maker CATL commit major capital as the Chinese AI developer expands compute infrastructure with 160,000 Huawei chips.

The venture firm has secured 80 per cent of commitments for its fifth India vehicle, cutting fund size in half from its 2022 predecessor to accelerate deployment.

The capital raise was backed by the visual effects studio behind Dune and Odyssey.

Edward Tirtanata, Alpha JWC Ventures, Tybourne Capital and Horizons Ventures acquired equity from early team members and shareholders.

The debt package makes the Japanese conglomerate the largest corporate junk-bond borrower in the world.

The capital will expand storefront-building tools for small merchants seeking alternatives to third-party marketplaces.

Japanese backer SoftBank will sell shares worth Rs 88 crore while founders Kunal Bahl and Rohit Bansal retain their entire 34 percent stake.

The ChatGPT maker expects cumulative spending on computing capacity to reach $856 billion by 2030 as it seeks fresh funding at a $1.2 trillion valuation.

The sell-off hit the Japanese conglomerate’s portfolio valuation, which remains heavily weighted toward generative technology and semiconductor assets.

The capital will fund technical hiring, regional partner integrations, and platform expansion beyond initial metropolitan hubs.
Weekly Briefing
Monday, Wednesday and a Friday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.