Silicon Valley stories

Indosat and Wadhwani Foundation launch AI training on myIM3 and bima+ apps to boost digital skills of Indonesian youth amid rising job market competition.

Intralink opens offices in New Delhi and Mumbai, appointing new leaders to boost cross-border business in India’s fast-growing market.

Agoda celebrates 20 years with a global sale offering up to 70% off bookings from 7 to 21 May on hotels, flights and activities worldwide.

Google Canada has chosen 14 startups for its sixth Google for Startups Accelerator: Canada, a three-month AI-focused, equity-free programme.

Kiteworks and Wasabi Technologies partner to deliver secure, cost-effective cloud storage and file transfer targeting regulated industries including healthcare and finance.

RISA Labs has raised USD $3.5 million to advance its AI-driven platform, aiming to cut delays in cancer care by automating prior authorisations across 100 centres.

Black Pearl Group has unveiled the beta launch of Bebop, an AI-driven sales intelligence platform, aimed at revolutionising SME sales strategies.

LG Electronics has acquired a controlling 51% stake in Bear Robotics, enhancing its AI-driven robotics capabilities as part of a strategic growth initiative.

Baya Systems has secured $36 million in Series B funding, led by Maverick Silicon, to bolster its semiconductor technology for AI and IoT applications.

Hexa Capital Consultancy has partnered with Equinix to enhance connectivity between Asia-Pacific and the United States via the new MYUS cable.

Tempest, a new developer platform backed by USD $3.2M in funding, aims to streamline software delivery for engineering teams facing complex challenges.

A new JLL report reveals that AI could drive demand for an additional 483,000 square metres of office space in Australian CBDs by 2030.

As the global skills shortage grows, Nsoft identifies Singapore, San Francisco, and Amsterdam as cities at high risk of an AI takeover in 2024.

Tiger Technology is set to secure USD $10M in Series A funding, driven by strong demand for its hybrid cloud data management platform amid soaring data costs.

GMI Cloud has secured USD $82 million in Series A funding to enhance its cloud infrastructure and establish a new data centre in the US.

Silicon Valley Bank has granted Bugcrowd USD $50 million to enhance its AI-driven cybersecurity solutions and accelerate growth in the global market.

New Zealand start-up Projectworks has achieved a valuation of NZD $100 million after securing USD $5 million in Series A funding to boost US expansion.

Turner & Townsend has unveiled its eighth Data Centre Cost Index, detailing construction costs across 50 markets and highlighting AI's growing influence.

Turner & Townsend's report reveals London ranks 10th for expensive data centres, amidst rising challenges in power and supply chain amid AI demand.

Red Bull Basement invites young innovators in New Zealand to submit their start-up ideas by October 30, ahead of the global final in Tokyo this December.