🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
OpenAI to open Asia-Pacific hub in Singapore
Livemint
·
10m ago
Medial
- OpenAI plans to open a Singapore office as its Asia-Pacific hub. - Oliver Jay has been appointed as the managing director for International, overseeing the company's global expansion. - Singapore is OpenAI's second office in Asia, following the recent opening of its Tokyo office. - The company aims to partner with the Singaporean government and tap into the country's thriving AI ecosystem. - OpenAI will be hiring 5 to 10 roles by the end of the year and is actively seeking office space in Singapore. - OpenAI has seen a significant increase in weekly active users of ChatGPT in Singapore since the beginning of the year.
View Source
Related News
Juspay opens APAC hub in Singapore to tap digital payments growth
YourStory
·
3m ago
Medial
Juspay has opened a regional hub in Singapore to enhance its presence in the Asia Pacific market, supporting regional merchants with diverse payment methods and regulatory needs. The company partnered with Agoda to streamline payments infrastructure and plans to expand its Singapore team. This marks a strategic move amidst APAC's evolving digital payment landscape. Juspay aims to tackle global payment challenges by optimizing transaction costs, authorization rates, and local payment methods for enterprises in the region.
View Source
Mistral AI plans IPO | TechCrunch
TechCrunch
·
6m ago
Medial
French AI lab Mistral, founded in 2023, plans an IPO and expansion into Asia-Pacific. Co-founder Arthur Mensch announced at the World Economic Forum that Mistral aims to grow in Europe and the U.S., with additional offices in Singapore. Mistral, valued at around $6 billion, has raised $1.14 billion from investors like Andreessen Horowitz and competes with firms like OpenAI. It offers AI models, including a ChatGPT-like service named Le Chat.
View Source
India’s tech spending to grow by 10.8% in 2024, highest in APAC: report
Economic Times
·
1y ago
Medial
Technology spending in India is expected to grow by 10.8% to reach $54.5 billion in 2024, the highest in the Asia Pacific region, according to a report by Forrester. The report also states that spending in AI-augmented software and services will outpace other IT categories. The overall technology spending in the Asia Pacific region is projected to grow at a compound annual growth rate of 6.4% to 7.4% per year, reaching $876 billion in 2027. The report highlights China, Singapore, Australia, and the rest of Southeast Asia as other regions with significant tech spending growth potential.
View Source
Google opens new cyberdefence hub in Tokyo amid China threats
Economic Times
·
1y ago
Medial
Google has opened a new cyber defense hub called the Cybersecurity Center of Excellence in Tokyo to address the increasing digital security threats faced by the region, particularly from China. The center aims to conduct research, train talent, and collaborate with experts from countries like India, Australia, and South Korea to tackle cyberattacks. It is Google's first cyber defense hub in Asia and comes in response to the Asia-Pacific region being a primary target for cyberattacks due to a lack of cybersecurity talent. The move follows warnings from Google and Japanese authorities about the growing cyber threat from China.
View Source
Google sets up first Asia-Pacific cybersecurity base in Tokyo, Nikkei reports
Reuters
·
1y ago
Medial
Google has established its first cybersecurity base in Tokyo, marking its entry into the Asia-Pacific region. The base will serve as a hub for computer engineers to study and develop cyber countermeasures. The move is in response to the rising importance of cybersecurity in the digital age. This marks an expansion of Google's efforts to enhance cybersecurity globally.
View Source
CapitaLand taps Japanese firm to wrap up fundraising for second India vehicle
VCCircle
·
9m ago
Medial
Singapore-based real assets manager CapitaLand Investment Ltd has completed fundraising for its India-focused real estate vehicle. The company secured commitments from Japanese firm Daibiru Corporation, the real estate subsidiary of Mitsui Shipping. CapitaLand focuses on investing in the Asia-Pacific region and its latest vehicle aims to target real estate opportunities in India.
View Source
Mapletree ramps up India logistics portfolio by acquiring warehousing asset
VCCircle
·
1y ago
Medial
Mapletree, a real assets manager, has expanded its logistics portfolio in India by acquiring a leased out warehousing asset in Delhi's National Capital region. This acquisition follows Mapletree's previous acquisition of assets owned by KSH Infra Group last year. The Singapore-based investor is focused on Asia-Pacific and continues to strengthen its presence in India's logistics sector.
View Source
Stonepeak closes Asia Infrastructure Fund at $3.3 billion
IndianStartupNews
·
1y ago
Medial
Alternative investment firm Stonepeak has successfully closed its Asia Infrastructure Fund, collecting $3.3bn in capital commitments, surpassing its initial $3bn target. The fund will focus on sectors including communications, transport, logistics, and energy, with a diverse range of investments across developed and high-growth countries in Asia-Pacific. Six investments have been made so far in line with the fund's strategic vision. Stonepeak has expanded its presence in Asia with teams located across Hong Kong, Singapore, Sydney, Seoul, and Tokyo. The company's total assets under management now stand at $61.1bn.
View Source
GenAI to contribute $100 billion in healthcare savings in Asia-Pacific by 2025
Economic Times
·
1y ago
Medial
According to the article, GenAI, a Singapore-based healthcare technology company, aims to contribute $100 billion in healthcare savings in the Asia-Pacific region by 2025. The company leverages artificial intelligence (AI) and data analytics to provide innovative healthcare solutions, including early disease detection and personalized treatment plans. GenAI's goal is to improve healthcare outcomes and reduce the financial burden on individuals and healthcare systems in the region.
View Source
Allianz Global Investors wraps up fundraising for Asia Pacific private credit vehicle
VCCircle
·
1y ago
Medial
Allianz Global Investors has completed fundraising for its private credit fund that focuses on supporting businesses in the Asia Pacific region. The Allianz Asia Pacific Secured Lending Fund has reached its final close, adding to AllianzGI's portfolio of $1.4 billion in assets managed in the APAC region.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/cloudfront-us-east-2.images.arcpublishing.com/reuters/W7L7DVVNMBOTNEBYJFX3K43YR4.jpg)
/indianstartupnews/media/agency_attachments/s1FnhAYONODoxNkoC8xA.png)
