Grants
Funding, subsidies, and incentive schemes for AI in Singapore.
BIS Chief Warns Disappointing AI Returns Could Turn Investment Boom “Into a B...
Disappointing AI returns could turn the current capital spending boom “into a bust,” BIS chief Pablo Hernández de Cos warned. Speaking at the Global Fintech Fest 2026 in Mumbai, the General Manager of the Bank for International Settlements (BIS) highlighted rising debt and opaque financing.
Finmo Opens New Singapore HQ as Monthly Transactions Top US$1 Billion
Finmo has opened a new global headquarters in Singapore as its monthly transaction volume surpasses US$1 billion. The Singapore-founded fintech plans to grow its local team and invest further in artificial intelligence (AI) and treasury intelligence from the Suntec City office.
Financial Services AI Spending Rises, Yet Most Initiatives Still Can’t Show T...
Despite growing investments in artificial intelligence (AI), most financial institutions still struggle to translate their AI initiatives into measurable business value. According to a new report by consulting firm Quinlan and Associates, 95% of traditional financial institutions are actively.
Ant International Gets Brazil Licence for Local, Cross-Border Payments
Brazil’s central bank has granted Ant International a payment institution licence. Ant International already offers services in the country through Antom, its merchant payment and digitalisation platform.
SUSS drops AI detector as more Singapore universities question reliability of...
NUS, SUTD and SIT do not use automated AI detectors, while SMU says such tools are only one input when investigating possible misconduct. This latest injection of capital builds on a wave of government and private sector funding aimed at accelerating AI adoption across Singapore's economy.
SG AI Recruitment Platform Snaphunt Winds Up After Delayed Funding Runs Down Its Cash
Singapore's AI startup graveyard just gained a notable name. Snaphunt, the AI-driven recruitment platform founded in 2017, is being wound up after a planned US$2.8 million funding round was delayed beyond the point of survival, leaving it without enough cash to keep on operating.
Singapore Captures US$9.3B of Southeast Asia's AI Funding as Capital Piles In
Singapore's grip on Southeast Asia's AI money has never looked tighter. New data from Tracxn shows Singapore-based AI companies raised US$9.3 billion across 227 funding rounds as of July 2026, while Vietnam, Malaysia, Indonesia and Thailand combined attracted less than US$40 million.
NTU-Born Ropedia Raises US$38.7M to Build the Data Pipeline Physical AI Depends On
Language models learned everything they know from the internet. Robots can't — there is no equivalent corpus of real-world movement, depth and interaction for them to train on. That gap between what machines can read and what they can physically do is the quiet bottleneck holding back physical AI...
Lightstorm Secures US$300M Debt Facility for AI Superhighway and I-2SEA Subsea Cable
Subsea cables were once boring plumbing for the internet — until AI made them strategic infrastructure. The latest evidence comes from Lightstorm, the Singapore-based connectivity provider that has secured a ₹2,500 crore (approximately US$300 million) debt facility from IndusInd Bank to accelerate its "AI...
STT GDC Secures US$1.37B Green Financing for AI-Ready Johor Data Centre Campus
Singapore's data centre giants have been racing to build capacity wherever land and power allow — and increasingly, that means just across the Causeway. ST Telemedia Global Data Centres (STT GDC), the Temasek-linked operator behind some of Singapore's biggest server campuses, has now secured a green...
Databricks Raises US$5 Billion at US$190 Billion Valuation
Databricks has pulled off one of the year's biggest private raises — US$5 billion at a US$190 billion valuation — and for Singapore, the fine print matters as much as the headline: GIC and Temasek are already on the company's cap table as existing backers, giving the city-state's sovereign funds a
Singapore Tech Funding Jumps 27% to US$4.77B in July
Singapore-based tech companies raised roughly US$4.77 billion in equity funding in July, up 27.35% from June's US$3.74 billion and a staggering 184% surge from the US$1.68 billion raised in July last year, according to data from Tracxn.