Tencent
Founded in 1998, Tencent is one of the largest social media and entertainment companies in the world.
After initial success with its QQ social network in the PC era, Tencent has a mobile-era smash-hit with WeChat.
Tencent expands overseas data centers as AI demand surges
The company is using Southeast Asia as a base to sell its AI products in international markets.
Aiko Gao Ishida · · 1 min read
Korean chipmaker FuriosaAI raises $620m at $2.9b valuation
FuriosaAI said RNGD outperformed Nvidia’s RTX Pro 6000 in its own efficiency benchmark.
Aiko Gao Ishida · · 1 min read
Tencent, Visa sign pact on cross-border payments and AI
The companies will explore payment options for travelers to and from China across Weixin Pay and Visa’s networks.
Naomi Li Gan · · 1 min read
Blackstone, banks to fund $63b Broadcom chip deal for Anthropic
The deal was announced on October 26, the same day Anthropic filed for an IPO.
Diya Lal · · 1 min readThe future’s here, delivering parcels
Neolix, Salmon, Kaminashi, and more raised funds this week.
Lilian Tang · · 5 min readIndian café chain Harajuku Tokyo raises $3m
The company said Mumbai now contributes 25% of revenue after Harajuku entered the city in July 2025.
Naomi Li Gan · · 1 min readEx-Meta founders’ AI wearable startup Nirva raises $25m
Nirva plans to open orders in November and aims to ship the US$249 pendant to early users by year-end.
Grace Priscilla Teo · · 1 min readDell-backed Israeli AI security startup Mave raises $34m
The funding includes a US$28 million series A led by Red Dot Capital Partners, with participation from Lumir Growth Partners.
Minh Le · · 1 min readHow AI is changing the modern workforce
AI is pushing firms toward leaner teams and more freelancers, while one mega-round skews the numbers as series A funding in SEA recovers.
Jofie Yordan · · 3 min readDeepSeek raises $15b from Tencent, CATL ahead of IPO
The company is increasing spending on AI data centers and open-source models as it prepares for an initial public offering.
Aiko Gao Ishida · · 1 min read