Local timeline

Backbase launched Delivery Factory, an AI-powered software development platform for banks.
Source: Fintech News Singapore
https://fintechnews.sg/139804/ai/backbase-delivery-factory-ai-agents-banking/
#Tech

NVIDIA and Meta have announced a significant expansion of their strategic partnership aimed at accelerating the development, deployment and performance of advanced AI agents powered by Meta's Muse family of models.
Source: Innovation Village
https://innovation-village.com/nvidia-and-meta-expand-ai-partnership-to-advance-muse-models-and-agent-technology/
#AIAgents #Nvidia #Meta

Rapidus and HCLTech officially inaugurated two HCLTech development centers in India to support Rapidus' semiconductor engineering requirements.
Source: Vietnam Investment Review
https://vir.com.vn/rapidus-partners-with-hcltech-opening-semiconductor-development-centres-163766.html
#Semiconductors

Hong Kong's privacy watchdog issued guidance on AI smart glasses to curb covert surveillance.
Source: Hong Kong Free Press
https://hongkongfp.com/2026/10/27/hong-kong-privacy-watchdog-issues-guidance-on-ai-smart-glasses-to-curb-covert-surveillance/
#TechPolicy

China's STAR50 index has fallen approximately 40% in less than four months, wiping out an estimated $480 billion.
Source: Innovation Village
https://innovation-village.com/chinas-ai-stock-crash-puts-the-global-ai-boom-to-the-test/
#Startups

Nvidia will invest $3 billion in Meta Platforms' equity offering, expanding their technological collaboration.
Source: The Information
https://www.theinformation.com/briefings/nvidia-invests-3-billion-meta-deeper-ai-partnership
#AI #Nvidia #Meta

In China, the AI bubble has already burst. Valuations collapsed under worries about AI demand and export curbs.
Source: The Economic Times
https://economictimes.indiatimes.com/tech/artificial-intelligence/in-china-the-ai-bubble-has-already-burst/articleshow/135228664.cms
#AI

https://zehnlab.ai was named one of the five winners of NVIDIA's Open Models AI Codefest. The company entered the competition with Agentic Soro, an AI agent for the Tajik language.
Source: Asia-Plus Tajikistan
https://asiaplus.news/en/2026/10/27/zehn-team-finishes-among-top-five-winners-at-global-nvidia-ai-codefest/
#AI #Nvidia

SAP announced new artificial intelligence innovations at its TechEd conference, enhancing its Joule assistant solutions and Business AI Platform.
Source: SiliconANGLE
https://siliconangle.com/2026/10/27/sap-advances-its-autonomous-enterprise-push-with-smarter-governed-joule-agents/
#AIAgents

The Ministry of Defence has signed a memorandum of understanding with Sarvam to advance AI adoption across the Indian Army, Navy and Air Force.
Source: Inc42
https://inc42.com/buzz/ministry-of-defence-partners-with-sarvam-to-drive-ai-adoption-for-armed-forces/
#EnterpriseAI

Live2.ai raised Rs 130 crore in a pre-Series B round led by IvyCap Ventures.
Source: Entrackr
https://entrackr.com/news/ivycap-ventures-leads-rs-130-cr-pre-series-b-round-in-live2ai-12757291
#Startups

Singapore and Germany plan to collaborate on artificial intelligence use in industries and step up research on new technology. Both countries will work towards strengthening cooperation between Asean and the EU.
Source: The Business Times Singapore
https://www.businesstimes.com.sg/singapore/singapore-germany-collaborate-ai-use-industries-step-research-new-tech
#TechPolicy #EU

An investigation found the UK government met 137 businesses over AI datacentres without meeting environmental groups.
Source: The Guardian
https://www.theguardian.com/uk-news/2026/oct/27/uk-government-environmental-groups-ai-datacentres-expansion-plans-investigation
#TechPolicy

AI has been embedded across the Home Office in near-total secrecy, affecting tasks such as asylum seeker age checks, border surveillance and detection of sham marriages.
Source: The Guardian
https://www.theguardian.com/politics/2026/oct/27/digital-hostile-environment-ai-secretly-embedded-home-office-report
#TechPolicy

Heavy Industries Minister H D Kumaraswamy flagged off the initial fleet of trucks deployed through a partnership between Tata Motors and Amazon to deploy 3,000 electric trucks for ecommerce logistics.
Source: The Economic Times
https://economictimes.indiatimes.com/tech/startups/tata-motors-amazon-partner-to-deploy-3000-electric-trucks-for-ecommerce-logistics/articleshow/135228266.cms
#Tech #Amazon

Naver has finalized a deal with Brookfield to secure up to $9 billion for its AI factory project.
Source: The Korea Herald
https://www.koreaherald.com/article/10916658
#AI

Anthropic has filed to go public on the US stock market. The investor prospectus reveals explosive growth, huge costs and risks.
Source: The Guardian
https://www.theguardian.com/technology/2026/oct/26/anthropic-stock-market-filing-takeaways
#AI #Anthropic

Beijing pushed for UN-led governance of artificial intelligence at a global forum. China pitched open-source artificial intelligence and a greater voice for the Global South.
Source: South China Morning Post
https://www.scmp.com/tech/policy/article/3372285/beijing-pushes-un-led-governance-artificial-intelligence-global-forum
#TechPolicy

Paytm has begun offering its AI platform to enterprise merchants in its Q2 FY27 earnings release. The company did not reveal the name of its enterprise AI service.
Source: MediaNama
https://www.medianama.com/2026/10/223-paytm-enterprise-ai-service/
#EnterpriseAI

A team of semiconductor founders in Bengaluru is working to build a room-temperature, fibre-connected photonic quantum computer.
Source: Chiratae Ventures
https://chiratae.com/investing-in-quanfluence-building-indias-first-photonic-quantum-computer/
#Startups