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Daily Tech News: Marketnode, Etaily, Tempus, SpaceX, Grab, Google

June 03, 2024

Here are the top stories on Techzi

Alexis Ohanian, The Unconventional Journey of Reddit’s Cofounder

  • Alexis Ohanian co-founded Reddit, now worth billions.

  • He became an internet advocacy figure and later prioritized  underrepresented communities.

  • Ohanian married Serena Williams, welcomed two daughters, and resigned from Reddit.

HSBC, Temasek Inject Fresh Capital into Marketnode’s Expansion Drive

  • Singapore’s Marketnode secures Series A funding from Temasek, HSBC to expand.

  • Plans tokenization offerings, investment fund infrastructure via Fundnode.

  • HSBC doubles down on partnership, joins board.

Philippine Ecommerce Enabler Etaily Sets Sail for Singapore

  • Philippine ecommerce firm Etaily expands to Singapore after $17.8 million funding.

  • Serves global brands like Levi’s, offering end-to-end solutions.

  • Raised $24 million from investors like Temasek.

Eric Lefkofsky Gears Up for Tempus IPO, His Fourth Public Listing Rodeo

  • Eric Lefkofsky aims to take Tempus, his AI health tech firm, public.

  • Despite $290 million losses in 2023, Tempus seeks over $8.1 billion valuation.

  • Lefkofsky wields outsized control with 30 votes per share at Tempus.

SpaceX Aims for Starship Reentry as Next Frontier

  • SpaceX’s Starship launch aims to test reusable heat shield for atmospheric reentry.

  • Ambitious goal is full reusability to reduce launch costs drastically.

  • Success brings largest rocket closer to orbital missions.

Grab and OpenAI Team Up to Supercharge Southeast Asia’s Super App

  • Grab partners with OpenAI to build AI tools for accessibility, customer service.

  • It follows Grab’s $150 million AI investment in 2019.

  • The collaboration comes after Grab’s record $62 million Q1 earnings.

Singapore Doubles Down on Quantum Tech with $222M Investment

  • Singapore invests $222 million into quantum computing research, talent development.

  • Plans green data center initiative for sustainability.

  • Doubles down on deeptech with university collaborations.

Google Rains $2 Billion Tech Shower on Malaysia

  • Google invests $2 billion in Malaysia for data center, cloud region.

  • Plans digital upskilling initiatives like Gemini Academy.

  • Malaysia emerges as Southeast Asia’s tech hotspot.

Did you miss yesterday's daily news show?? Then it’s not too late to check it out now!

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