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Microsoft cuts 9,000 as OpenAI locks $30B cloud deal

  • Shivirta C.
  • Jul 5
  • 3 min read

5 July 2025

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👋 Welcome to the A2D Weekly Wrap!


Southeast Asia’s momentum is building, and the global AI race is getting messier.


This week, we’re tracking sharp funding moves across fintech, enterprise AI, and edtech in SEA — alongside bold bets, shutdowns, and talent wars in global tech.


As capital reshuffles and platforms consolidate, one thing’s becoming clear: what worked last year won’t cut it now.


Let’s get into it.



HOT NEWS IN SOUTHEAST ASIA


🇸🇬 fileAI (Bluesheets) – Raised USD 8M led by Illuminate Financial with participation from Krungsri Finnovate, Antler Elevate, Insignia, and others. The AI automation startup serves 250+ clients in 18 countries, expanding across APAC in sectors like finance, insurance, and logistics.


🇸🇬 Transcelestial – Laser communications startup raised new funding, bringing total to USD 30.7M. Co-led by NTT Finance and Paspalis Capital, with participation from In-Q-Tel, Golden Egg, and others to scale across telecom, defense, and space in Australia and Japan.


🇮🇩 Monit – Indonesian spend management platform secured USD 2.5M in a round led by Cento Ventures, with participation from Sansan, 1982 Ventures, and Init 6.


🇸🇬 Rebee – Healthtech startup focused on home-based body pain solutions raised USD 1.18M seed from Paragon Ventures I, SEEDS Capital, 1337 Capital 1, The LAB9, and C-shark SG.


🇸🇬 Shieldbase AI – Enterprise AI OS startup secured undisclosed funding led by GenAI Fund and First Move, with Tenity and notable angel investors also joining.


🇻🇳 AI Hay – Knowledge discovery platform for students and professionals raised USD 10M Series A led by Argor Capital, with Square Peg, Northstar Ventures, AppWorks, and Phoenix Holdings.


🇸🇬 GreenTeams – Climate tech firm operating in Indonesia closed undisclosed Series A led by Oriza Greenwillow Technology Fund.

GLOBAL PULSE: AI MONETIZATION, SHUTDOWNS & WHAT'S NEXT


AI is no longer just disrupting — it’s reshaping the ecosystem itself.


Microsoft is trimming teams. Meta is poaching talent. OpenAI is locking in cloud dominance. And smaller players are either pivoting hard or shutting down. The stack is solidifying.


💭 What felt experimental a year ago is now strategic infrastructure. The AI space is maturing — and the winners are already making their moves.




FOUNDER'S CORNER


Here are 4 Social Media Management Tools that every founder should know to build brand recognition and manage social media effectively.


  • Buffer – Easy-to-use tool for scheduling posts, tracking performance, and managing multiple accounts efficiently.

  • Hootsuite – Comprehensive platform to schedule posts, monitor engagement, and manage all social channels in one place.

  • Sprout Social – Powerful tool offering scheduling, in-depth analytics, and seamless team collaboration for social management.

  • Later - Visual-first scheduler ideal for planning, previewing, and auto-posting Instagram and other social media content.


Quick hits of knowledge—because learning should never stop.

Behind startup success: mental health
Behind startup success: mental health
Look beyond revenue for growth
Look beyond revenue for growth

💬 That’s a wrap for this week!


Did something stand out? Want more of a certain section or theme? Let us know here— this newsletter is built for you, and we want to make it better each time.


Thanks for reading!



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