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Southeast Asia’s digital economy is on the rise, fueled by a significant boost in private funding. Among the biggest beneficiaries are artificial intelligence (AI) startups, which are capturing an increasingly large share of investment. Over the past year, private investment in the region’s digital sector reached around US $7.7 billion,...

Cerebras Systems, the Silicon Valley-based AI chip startup, has officially pulled back its plans for a U.S. initial public offering (IPO), just days after raising an impressive $1.1 billion in private funding. The decision has caught many in the tech and investment worlds by surprise, especially as the IPO market...