Thai billionaire heir’s AI startup Amity raises $60 million

BANGKOK: Tech startup Amity Corp, run by the grandson of Thai billionaire Dhanin Chearavanont, closed an investment round raising $60 million, its chief executive said on Wednesday, with plans to list its Thai unit in 2025.

Amity’s generative artificial intelligence (AI) chat bots allows its enterprise customers to quickly resolve issues or respond to employee queries, CEO Korawad Chearavanont told Reuters.