Active Use of AI Across Finance Functions More than Double in 2 Years

Between 2024 and 2026, the active use of artificial intelligence (AI) across finance functions more than doubled, a rapid adoption that’s already yielding significant gains and improvements for organizations, according to a new study by KPMG. The survey, conducted in March 2026 and involving more than 1,000 global senior leaders C-suite executives and direct reports [...]..

The launch arrives as Singapore-based enterprises accelerate their AI adoption, with the market projected to expand significantly over the next three years. The report underscores how the capital intensity of AI is reshaping cost structures and headcount decisions across the technology sector.

This development comes at a time when Singapore is doubling down on its AI ambitions, with significant investments in compute infrastructure, talent development, and cross-border collaboration. For enterprises in the city-state, the practical question is how quickly these changes translate into new capabilities, cost structures, and competitive dynamics.

Singapore's AI ecosystem continues to grow as the city-state positions itself as a leading hub for artificial intelligence innovation in Southeast Asia. Local players — from government agencies to startups and established enterprises — are watching closely, because moves like this tend to reshape expectations across the entire ecosystem rather than in isolation.

Why it matters for Singapore: For Singapore's tech ecosystem, every new tool release represents an opportunity to build, innovate, and compete on a global stage. The city-state's infrastructure and business environment make it an ideal testing ground for AI products targeting Asian markets.