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JPMorgan Curbs AI Token Costs, Ramps Up Tech Hiring in Singapore
JPMorgan is imposing stricter cost controls on generative AI while ramping up tech hiring in Singapore, citing the city-state's clear regulatory frameworks and pro-innovation environment overseen by MAS. The bank is also investing in AI-driven fraud prevention through Anthropic's Project Glasswing.
Singapore Workers Open to AI but Lag in Workplace Adoption: Salesforce
Just 6% of Singapore desk workers use AI daily despite ranking among the least sceptical globally, according to new research from Salesforce. Nearly a third of workers have experienced failed AI pilots producing generic outputs, pointing to a delivery problem rather than worker resistance.
Minister David Neo Accused of Using AI to Write Tribute for Artist Chua Mia Tee
Acting Minister for Culture, Community and Youth David Neo faces backlash after netizens flagged that his Facebook tribute to pioneering Singapore artist Chua Mia Tee contained tell-tale markers of AI-generated writing, sparking debate about authenticity in public condolences.
DBS Eyes $1 Trillion in Wealth Assets by 2030 With AI Push
DBS Bank aims to grow its wealth assets under management to over S$1 trillion by 2030, hiring 600 more staff and embedding AI across customer journeys from onboarding to advisory, as Southeast Asia’s largest bank accelerates its wealth management push.
Singapore AI Firm Cogniviti Labs Expands Procurement Platform to South Africa
Cogniviti Labs, a Singapore-headquartered AI and digital transformation company, has expanded into South Africa with AI-powered procurement and finance solutions. The move brings the company's Coupa source-to-pay transformation services and custom AI agents to African enterprises, marking another step in the growing global footprint of Singapore's enterprise AI ecosystem.
Singapore Welcomes New UNESCO Chair on AI Law and Sustainability at NUS
UNESCO has established a Chair in AI Law & Sustainability at the National University of Singapore's Centre for International Law, placing Singapore at the forefront of global AI governance. Dr Jon Truby has been appointed as the inaugural Chairholder, tasked with advancing research and training on the legal and ethical dimensions of artificial intelligence across the Asia-Pacific region.
Singapore SMB Ransomware Rate Rises in Q1 Despite Remaining Lowest in SE Asia
The proportion of Singapore small and medium-sized businesses targeted by ransomware rose from 0.57% to 0.69% year-on-year in Q1 2026, according to Kaspersky data. While Singapore remained the least affected market in Southeast Asia, the regional average climbed to 3.51% as ransomware groups deploy increasingly sophisticated techniques including double extortion.
KPMG and NLB Launch Read to Lead Programme to Build AI-Ready Workforce
Only 4 in 10 Singapore professionals are confident in their ability to distinguish accurate content from AI-generated misinformation, according to a new poll by KPMG and the National Library Board. In response, the two organisations have launched Read to Lead, a year-long initiative to embed focused reading as a core workplace skill in the AI era.
Singapore AI Firm Zypero Intellect Joins IMDA's AI Verify Foundation
Zypero Intellect, a Singapore-based AI governance company, has joined IMDA's AI Verify Foundation to contribute its Behaviour Intelligence expertise for AI agent risk assessment and help shape practical frameworks for trusted enterprise AI.
Databricks Hires Ex-ServiceNow Lead to Drive Singapore Public Sector Push
Databricks appointed former ServiceNow Singapore country manager Raymond Wong as its enterprise and public sector lead, as the data and AI company expands support for government agencies under Singapore's National AI Strategy.
Three in Five Singapore PMETs Lack Confidence in Spotting AI Misinformation, Poll Finds
Only two in five Singapore PMETs are confident identifying AI-generated misinformation, a new NLB-KPMG poll of 1,150 workers reveals. The finding prompted the launch of a year-long national reading initiative called Read to Lead to boost critical evaluation skills.
Infrastructure Gaps Hold Back Singapore Firms From Scaling AI, Study Finds
A new Confluent study reveals that 78% of Singapore IT leaders say insufficient real-time data infrastructure is blocking AI scale-up, while 95% report struggles with legacy system integration. The findings paint a picture of ambition outpacing readiness.