AGP Executive Report
Last update: 6 hours agoStartup and Business Investment: Malaysia proposed extending tax relief for angel investors in early-stage tech companies through 2030, alongside incentives for businesses investing in machinery, software and digital technology. AI Infrastructure: AlphaESS and DB Energy plan to combine battery storage and local project expertise for an AI data centre in Perak, addressing growing demand for reliable power. Chipmaking Push: Applied Materials unveiled a $5 billion Silicon Valley research facility to advance AI chipmaking, while Tessolve secured $75 million to expand its chip-design business. Defence Innovation: The EU approved a €115 million programme to speed funding for startups and smaller firms developing technologies including AI, uncrewed systems and quantum computing.
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