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Deals in brief: Gobi Partners backs Malaysia’s ArmourZero, Klook secures USD 100 million, ADI anchors AC Ventures’ climate fund, and more
From left to right: Jamaludin Bujang, managing partner of Gobi Partners; Chong Wai Lun, co-founder of ArmourZero; Tho Kit ...
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Klook raises USD 100 million to fuel AI-driven travel expansion across APAC
With the new funding, Klook plans to enhance customer experience, streamline merchant operations, and deepen AI integration.
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Chinese companies face growth limits in world’s biggest esports market
One chilly Saturday evening late last year, 33,000 people gathered at the Beijing Workers’ Stadium to watch two of China’s top professional video gaming teams face off in the annual championship for ...
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Ant International sets up in Riyadh, bringing Antom to Saudi businesses
The Chinese fintech giant has opened its first Middle East office and will roll out Antom, its cross-border payment solution, ...
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“You just cannot stop investing,” says Baidu’s Robin Li as AI costs plummet
Despite a sharp decline in AI inference costs, Baidu’s CEO cautions that the industry still lacks a breakthrough app to ...
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OpenAI’s Sam Altman weighs in on DeepSeek, says it did “nice work”
OpenAI CEO Sam Altman has recognized the growing competition posed by Chinese artificial intelligence firm DeepSeek, whose ...