[Beta]MaxMind

In Progress - 1 component affected - Scheduled maintenance is currently in progress.... ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ...

Update - 1 component affected - Maintenance will begin as scheduled in 60 minutes. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ...

This edition sheds light on where India's VC capital ends up waiting and how a Vietnam-based earned-wage access startup closed a seed round. Read from your browser Daily Newsletter Welcome to Tech in Asia's daily newsletter, your essential dose of Asia's tech and startup buzz. Not yet a subscriber? Register here . Got a story tip? Send it to editors@techinasia.com. IN FOCUS Why much of India's VC money isn't flowing Earned wage access firm Ekko raises funds even as industry faces consolidation From our archives: why Indonesia's stock market tumble matters for tech Hello Betamax, I have been writing about startups for over eight years, yet every few days I still come across an unfamiliar company raising fresh capital. It makes me wonder just how many new startups enter India's ecosystem every month. On the surface, the venture story looks strong. Billions of dollars have flowed in - with more than 100 unicorns minted - and India remains one of the...

Eye-watering spending by AI giants may not necessarily make our lives better. In the meantime, Anthropic's CEO says "powerful AI" is on the way. Read from your browser The Prompt Welcome to The Prompt, your Monday dive into the world of AI that puts Asia front and center. From Big Tech's power players to the region's scrappy disruptors, we cover it all. Want full access to all our AI reporting? Subscribe to us here. Hello Betamax, Just when you thought the checkbooks couldn't get any bigger, Masayoshi Son is reportedly ready to double down on his OpenAI bet. SoftBank is said to be in advanced talks to lead a new funding round for the Sam Altman-led company. The Japanese investor's participation alone comprises US$30 billion, according to reports last week. These eye-watering numbers might not make sense to us, but it seems like investors are buying it. Meta recently said it plans to spend US$135 billion in capital expenditure this year. Investors...