Fast, factual wire coverage from across Malaysia and the region.
Databricks has secured $5 billion in new funding at a $190 billion valuation, underscoring explosive growth in AI-focused enterprise software. The company now aims to deepen its AI agent capabilities amid intensifying competition.
Prime Minister Anwar Ibrahim has defended the Employees Provident Fund's investment subsidiary KWAP after a significant loss on its eFishery stake, arguing the fund's robust annual profits demonstrate solid financial performance overall.
Malaysia's Retirement Fund (KWAP) is attempting to recover RM163.4 million invested in aquaculture startup eFishery, which has faced serious fraud allegations. The pension manager confirmed the significant exposure after the company's collapse.