GIC Stories

Asian Stories

GIC stories

Whampoa Group hires leaders for digital asset investment arm

Hong Kong's Whampoa Group has appointed Jeffrey Ma and Peter Huo as co-CIOs for its new digital asset investment arm, Whampoa Digital.

By Zach Thompson • 2 min read • Tue, 17th Jan 2023

Hyperscale

Equinix & GIC commit $525m to xScale data centers in Seoul

An IDC report suggests the Cloud IT infrastructure market in the country could reach US$1.86 billion in sales by 2025.

By Staff Writer • 3 min read • Tue, 1st Feb 2022

Global Stories

GIC stories

Storage

Supabase raises USD $500 million in Series F round

The fresh cash lifts Supabase's valuation to USD $10.5 billion as AI-driven demand for its database platform continues to surge.

By Sean Mitchell • 3 min read • This month

Robotic Process Automation

Harvey launches 500 legal AI agents & builder tool

Law firms can now automate more routine work as the platform adds off-the-shelf tools and customisation for specialist legal workflows.

By Sean Mitchell • 4 min read • Last month

Document Management

Anthropic backs AI services venture with Blackstone

A shortage of AI implementation talent is pushing mid-sized companies to seek help embedding Claude into operations, as Anthropic and backers launch a new venture.

By Mark Tarre • 4 min read • Last month

Digital Transformation

Harvey raises USD $200 million in AI legal funding

The legal AI company now counts more than 100,000 lawyers as users after the fresh round lifted its valuation to USD $11 billion.

By Mark Tarre • 4 min read • Thu, 26th Mar 2026

Space Technologies

Sentinel Global rebuilds AI-led venture team, eyes 2026

Sentinel Global rebuilds its AI-driven venture team around GIC veteran Jeremy Kranz and expands Sentinel Labs, targeting a 2026 fundraise.

By Shannon Williams • 4 min read • Thu, 12th Mar 2026

Data Analytics

Anthropic raises USD $30 billion, hits USD $380b value

Anthropic raises USD $30bn in new backing, lifting the AI group's valuation to USD $380bn as demand for its Claude models surges.

By Karen Joy Bacudo • 4 min read • Mon, 16th Feb 2026

Data Analytics

Databricks raises USD $4bn, valued at USD $134bn

Databricks secures over USD $4bn in fresh funding, lifting its valuation to USD $134bn as demand for AI data infrastructure surges.

By Sean Mitchell • 4 min read • Wed, 17th Dec 2025

Crypto

Coda unveils unified leadership team after Recharge deal

Coda unveils a unified leadership team and reshaped board as it fully integrates Recharge into a single global digital commerce platform.

By Melvin Hipolito • 5 min read • Tue, 9th Dec 2025

Data Analytics

Databricks raises USD $10 billion, valued at USD $62 billion now

Databricks secures USD $10 billion in Series J funding, valuing the data and AI firm at USD $62 billion, as it plans major global expansions.

By Sean Mitchell • 3 min read • Wed, 18th Dec 2024

Firewalls

Cribl secures USD $319 million in Series E led by Google Ventures

Cribl secures USD $319 million in Series E funding, valuing the company at USD $3.5 billion, with Google Ventures leading the round and joining the board.

By Kaleah Salmon • 3 min read • Thu, 29th Aug 2024