Malaysian used car marketplace Carsome is going public on New York’s Nasdaq and the Singapore Stock Exchange with a company valuation amounting to US$2 billion. Reports by financial news outlets familiar with the move have said that the company had already confidentially filed for the initial public offering (IPO) with Nasdaq earlier, with the target being US$400 million in funds raised.
Omnichat, a Hong Kong-based omni-channel chat commerce solution provider has raised $1.8 million in Pre-A round funding and announced its business expansion plan to Southeast Asia. Omnichat said in a statement that the funding will finance Omnichat to further expand the business to Southeast Asia (SEA) markets, and the first stop will be Singapore, Malaysia and Thailand.
Strike is a continuous penetration testing platform that seeks to expand access to cybersecurity in Latin America. Penetration tests are simulated cyberattacks to detect vulnerabilities. Strike proposes that companies get offensive security throughout the year for the same price they used to pay for a one-time checkup a couple of times in the same period. Strike combines automation with a network of ethical hackers working for the company.
It’s deal-making time for generative AI model builders and publishers who can provide them with quality data. Germany publishing giant Axel Springer is trading access to its data for Microsoft adtech, AI, and Azure hosting solutions. Meanwhile, The Financial Times has struck a deal with OpenAI to license its content with attribution of summaries and quotes.