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Yesterday β€” 19 May 2025Main stream

Headline Asia closes $145M fund to fuel investments in Asia-Pacific

By: Kate Park
19 May 2025 at 14:00
With the current economic uncertainties and geopolitical challenges, securing funding for startups in Asia has recently become more difficult. Venture capital firms have also been impacted by the downturn, leading to a decrease in the number of funds being closed. The VC market is β€œgoing through [one of its] cyclical winters marked by high interest […]
Before yesterdayMain stream

South Korea delays decision on letting Google move hi-res map data overseas

By: Kate Park
15 May 2025 at 03:40
South Korea has once again postponed a decision on whether to approve Google’s request to transfer high-precision map data on the country’s geography to its international servers. In February, Google had requested approval from the Korean National Geographic Information Institute to deploy a 1:5,000 scale map on its app in the country and to transfer […]

A timeline of South Korean telco giant SKT’s data breach

By: Kate Park
8 May 2025 at 14:30
In April, South Korea’s telco giant SK Telecom (SKT) was hit by a cyberattack that led to the theft of personal data on approximately 23 million customers, equivalent to almost half of the country’s 52 million residents. At a National Assembly hearing in Seoul on Thursday, SKT chief executive Young-sang Ryu said about 250,000 users […]

Relevance AI raises $24M to help businesses build AI agents

By: Kate Park
6 May 2025 at 06:00
Individuals may work closely with AI agents as they become increasingly prevalent in the workplace. According to a report by Boston Consulting Group, the market for AI agents is expected to grow at a 45% compound annual growth rate over the next five years. Just like human employees, AI agents could be onboarded to learn […]

Blinq lands $25M to further its mission to make business cards passΓ©

By: Kate Park
6 May 2025 at 02:00
It’s 2025, but business cards are still in vogue β€” just visit any conference or industry expo and you’ll end up with a pile that’s likely to be discarded sooner than later. But as smartphones have become our repositories of information and contacts, people are understandably keen to try out digital alternatives to business cards. […]

Early cancer detection startup Craif raises $22M

By: Kate Park
27 April 2025 at 19:00
Cancer ranks as one of the top causes of death worldwide. The National Cancer Institute reported nearly 20 million new cancer cases and 9.7 million cancer-related deaths globally in 2022, with projections showing a rise to 29.9 million new cases by 2040. Craif, spun off from Nagoya University in Japan in 2018, is using microRNA(miRNA) […]

RLWRLD raises $14.8M to build a foundational model for robotics

By: Kate Park
14 April 2025 at 17:00
As robotics has advanced, industry has steadily adopted more robots to automate away many kinds of grunt work. More than 540,000 new industrial robots were installed worldwide in 2023, taking the number of total industrial robots active to above 4 million, per IFR. Industrial robots typically excel at repetitive tasks, but they find it challenging […]

US may fine TSMC $1B over chip allegedly used in Huawei AI processorΒ 

By: Kate Park
9 April 2025 at 08:31
Taiwan Semiconductor Manufacturing Company (TSMC) may have to pay a fine of $1 billion or more to resolve a U.S. export control investigation related to a chip it made that was used in a Huawei AI processor, according to a report by Reuters. TSMC did not provide any further comments as it is now β€œin […]

Solve Intelligence raises fresh $12M to bring AI to IP, patent workflows

By: Kate Park
9 April 2025 at 07:00
Legal tech has come a long way, but the bulk of an intellectual property or patent lawyer’s work today is still done with spreadsheets, word processors, and PDFs. A startup out of Delaware, Solve Intelligence, is using generative AI to speed up that work, believing its tech is uniquely suited to the needs of patent […]

SoftBank to acquire semiconductor designer Ampere in $6.5B all-cash deal

By: Kate Park
19 March 2025 at 20:28

SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a chip designer founded by former Intel executive Renee James, through a $6.5 billion all-cash deal as a strategic move to broaden its investment in AI infrastructure. Ampere will be operating as a wholly-owned subsidiary of SoftBank after the deal, which is expected to […]

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Tera AI comes out of stealth with $7.8M to provide visual navigation for robots

By: Kate Park
19 March 2025 at 09:00

Robots are part of an exciting new frontier in tech, but here’s the challenge: Robots rely on arrays of sensors, external signals like GPS and Wi-Fi, and customized software to navigate their environments. Further, robotics often involves expensive, ready-made hardware solutions that include built-in software and sensors designed for specific tasks, like estimating relative motion. […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

SoftBank buys $676M old Sharp plant for its OpenAI collab in Japan

By: Kate Park
14 March 2025 at 02:24

SoftBank is marching ahead on its ambitions to build out a major AI operation in its home market of Japan, on its own steam and in strategic partnership with others like OpenAI. On Friday, the tech company confirmed it would pay $676 million for a factory previously used by Sharp to build LCD panels and […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Singapore grants bail for Nvidia chip smugglers in alleged $390M fraud

By: Kate Park
13 March 2025 at 04:01

A judge in Singapore granted bail to three men suspected of deceiving suppliers of server computers that may contain Nvidia chips affected by U.S. export rules that bar the sale of them to certain countries, as a route to halting them being sold to organizations in China. The move comes nearly two weeks after the […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Salesforce to invest $1B in Singapore to boost adoption of AI

By: Kate Park
12 March 2025 at 03:12

Salesforce plans to invest $1 billion in Singapore over the next five years as it seeks to fuel the adoption of its AI agent development platform, Agentforce. Salesforce claimed that Agentforce can help alleviate Singapore’s ongoing labor issues and augment the country’s workforce and enterprises by creating β€œdigital workforces” that combine humans with autonomous AI […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Uber terminates Foodpanda Taiwan acquisition, citing regulatory hurdles

By: Kate Park
11 March 2025 at 22:34

Uber Technologies has ended its acquisition of Delivery Hero’s Foodpanda in Taiwan, the Germany-based tech firm said on Tuesday. The announcement comes roughly three months after Taiwan’s antitrust regulator blocked the deal, citing competitive issues. The Fair Trade Commission (FTC) said that if Uber acquired Foodpanda, its market share in Taiwan would increase to 90%, […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

ARM to sign $250M chip deal with Malaysia

By: Kate Park
5 March 2025 at 03:29

The SoftBank-backed chipmaker has signed an agreement with the Malaysian government to bolster the country's chip design ecosystem.

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Indonesia, Apple reach agreement to end iPhone 16 sales ban

By: Kate Park
26 February 2025 at 06:18

Apple will be able to resume its iPhone 16 smartphone sales in Indonesia after the two sides came to an agreement, the Industry Ministry said during a press conference Wednesday, per a Reuters report. The ban was lifted five months after Indonesia blocked the U.S. iPhone maker from selling its iPhone 16 phones in Indonesia […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Patlytics raises $14M for its patent analytics platform

By: Kate Park
24 February 2025 at 06:00

For decades, patents have been a bone of contention in the technology world, seen by some as a way to protect intellectual property, but by critics as a blunt weapon against innovation. In the age of AI, they are once again getting revisited. New York startup Patlytics has developed an AI-enabled patent analytics platform to […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

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