💹🌏Tracking IPOs: AI firms and chipmakers lead Asia listings (Premium read) 🤖 One of the most anticipated market debuts is large language model developer Moonshot, set to go public in Hong Kong after closing a fundraising round at a valuation of US$50 billion.…
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Software engineer Brandon Thomas used Anthropic's Claude — backed by 15 years of actual engineering experience — to reverse-engineer Microsoft Office and Adobe's creative suites into clean-room Rust clones. Then he put them on GitHub completely free. In fact,…
China’s Moonshot AI faces US$700 million shareholder dispute (News read) What’s happening? - Moonshot executives are in settlement talks with AI software developer Recurrent.ai, whose lawyers accused CEO Yang Zhilin and CTO Zhang Yutao of founding Moonshot wit…
⚡📈Optimizing solar and battery storage for large businesses (Read more) 😟 Commercial and industrial facilities face high electricity costs and steep peak demand charges, and solar panels and batteries were rarely integrated or fully monetized. 💡 B2G Energies d…
This startup replaces passive dressings with silk (Startup spotlight) What problem does it solve? - Conventional wound dressings act as passive coverings that fail to actively support biological tissue regeneration, which can prolong healing and raise infectio…
⚡️🏬Flipkart’s costly late push into quick commerce and food delivery (Premium read) 🛒 Flipkart’s pioneer reputation has eroded “over the last six to seven years,” while Meesho grew in value commerce and Blinkit, Zepto, and Swiggy Instamart pushed deliveries “w…
📉🕵️♀️Once an IPO hopeful, SCI Ecommerce’s nears collapse (Premium read) 🧾 Auditor Nexia Singapore noted “potential financial irregularities and deficiencies” in accounting records, including transactions in 2023 and 2024 that appeared to have been created to…
💹💰GCash trims IPO ambitions to meet market realities (Premium read) 📉 Mynt set its debut share price at 6.60 pesos, an over 30% discount from the maximum, as the Philippine peso is at a record low and liquidity on the Philippine Stock Exchange is falling. 🏦 It…
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