Live11 Sept 2026BIS warns AI spending boom may end in bust if returns lag

All stories

Page 45, newest first.

Singapore Emerges as Asia's Third-Largest Startup Funding Hub in Q2 as AI Investment Surges
Grants17 Jul 2026

Singapore Emerges as Asia's Third-Largest Startup Funding Hub in Q2 as AI Investment Surges

Singapore attracted $3.6 billion in startup funding in Q2 2026, ranking third in Asia behind China as AI-focused startups claimed over 60% of all venture capital across the region, per Crunchbase data.

Via Crunchbase News
Singapore's June non-oil exports rise 20.7% as AI demand stays robust
News17 Jul 2026

Singapore's June non-oil exports rise 20.7% as AI demand stays robust

Singapore's June non-oil exports rose 20.7% year on year, with electronics shipments surging 105.1% on AI-driven demand for integrated circuits (up 115.4%), disk media (up 170.9%), and PCs (up 95.8%) — the strongest electronics growth since 1998, powering total trade to S58.1 billion.

Via CNA Tech
Singapore's Digital Infrastructure Bill Signals a New Era of Regulation for Data Centres and Cloud
Policy17 Jul 2026

Singapore's Digital Infrastructure Bill Signals a New Era of Regulation for Data Centres and Cloud

Singapore's MDDI and IMDA have opened public consultation on a Digital Infrastructure Bill that introduces licensing regimes for major data centre and cloud services, covering security, resilience, and environmental sustainability across the sector. The consultation closes July 22.

Via ASEAN Tech & Security
Tourist guides adapt as AI and social media reshape how visitors explore Sing...
News17 Jul 2026

Tourist guides adapt as AI and social media reshape how visitors explore Sing...

For years, Singapore's tourism pitch has rested on a blend of efficiency and curated experience — gardens, hawker centres, and guided tours that package the city-state into digestible itineraries. But the same AI tools that travellers now use to plan their own trips are quietly reshaping the...

Via CNA Tech
Ong Ye Kung Calls on Businesses to Be Deliberate About AI Use
Policy16 Jul 2026

Ong Ye Kung Calls on Businesses to Be Deliberate About AI Use

Health Minister Ong Ye Kung has called on Singapore businesses to take a measured approach to AI adoption, urging them to carefully weigh where to embrace the technology and where human judgment must prevail. Speaking at NCS Impact 2026, he cautioned against rushing deployment driven solely by commercial considerations, noting that regulations in healthcare and other sectors still require human oversight of AI-powered decisions.

Via FutureCIO
H2O.ai Expands Forward Deployed AI Lab in Singapore with IMDA Accreditation
Partnerships16 Jul 2026

H2O.ai Expands Forward Deployed AI Lab in Singapore with IMDA Accreditation

H2O.ai, the sovereign enterprise AI platform company, has announced an expanded investment in its Forward Deployed AI Lab in Singapore, growing its in-region team of AI engineers and data scientists. The lab will embed specialists directly with customer teams across APAC, supporting air-gapped and on-premises deployments for regulated industries.

Via Business Wire / Yahoo Finance
Whale Raises $40M as Singapore AI Firm Hits $100M Series C Total
Grants16 Jul 2026

Whale Raises $40M as Singapore AI Firm Hits $100M Series C Total

Singapore-headquartered enterprise AI company Whale has secured a $40 million Series C3 extension, bringing its total Series C funding to $100 million. The round includes backing from Singtel Innov8, CMB International, SMBC Asia Rising Fund, and Hyundai Motor Group as Whale scales its AI Operating System for enterprise operations globally.

Via PR Newswire APAC
SIGEP Asia and Restaurant Asia 2026 Open with Strong AI Focus in Singapore
Events16 Jul 2026

SIGEP Asia and Restaurant Asia 2026 Open with Strong AI Focus in Singapore

SIGEP Asia 2026 and Restaurant Asia 2026 opened at Sands Expo & Convention Centre in Singapore on 15 July, placing AI, sustainability and regional collaboration at the centre of the F&B and foodservice industry's response to labour shortages and rising costs. The event launched the F&B AI and Digital Integration Programme.

Via Complete AI Training
EnterpriseSG and UOB Launch F&B AI and Digital Integration Programme
Grants16 Jul 2026

EnterpriseSG and UOB Launch F&B AI and Digital Integration Programme

Enterprise Singapore and UOB have launched a new programme to drive AI adoption and digital integration across Singapore's food and beverage sector. The F&B AI and Digital Integration Programme aims to help at least 200 businesses move beyond standalone digital tools towards connected, AI-enabled operations over the next two years. Announced at Restaurant Asia 2026, the initiative targets operational challenges from fragmented systems.

Via OpenGov Asia
SMF, SGTech and APGA Join Forces to Build Agentic AI Tool for SME Sustainability
Partnerships16 Jul 2026

SMF, SGTech and APGA Join Forces to Build Agentic AI Tool for SME Sustainability

The Singapore Manufacturing Federation, SGTech and the Asia Pacific Green Alliance have signed an MoU to develop an agentic AI tool that helps small and medium enterprises turn sustainability frameworks into actionable steps. The tool will allow companies to self-assess, identify improvement areas, and receive guided recommendations based on Singapore's national sustainability specification.

Via Singapore Business Review
GovTech Retrenches 93 Staff as Singapore's Digital Agency Shifts to Product Model
News16 Jul 2026

GovTech Retrenches 93 Staff as Singapore's Digital Agency Shifts to Product Model

Singapore's Government Technology Agency has retrenched 93 staff as part of a two-year restructuring that will affect 7 to 9 per cent of its workforce. Chairman Chng Kai Fong said the move is not AI-driven but a strategic shift from managing vendor-delivered projects to owning and running technology products in-house, with the agency expecting to ultimately employ more people at the end of the transition.

Via The Straits Times
Visa Launches AI Assistant for Banking Apps with Spending Insights and Card Controls
Tools16 Jul 2026

Visa Launches AI Assistant for Banking Apps with Spending Insights and Card Controls

Visa has launched an AI-powered financial assistant that lets bank customers ask about spending, manage card controls and receive personalised insights through a chat interface within their banking apps. The feature is part of Visa's push to embed generative AI into everyday financial services.

Via Fintech News SG