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Temasek and GIC Are All-In on AI. MAS Is the Voice of Caution
Within three weeks in July, three of Singapore's most consequential financial institutions delivered three very different verdicts on artificial intelligence. Temasek and GIC — the twin sovereign wealth funds that manage the bulk of the Republic's reserves — used their annual reviews to explain why they...
From Polytechnic to Y Combinator: Singapore's Collar AI Beats the Odds
Every few months, Singapore celebrates another homegrown founder making it in Silicon Valley — but almost always, the story starts at NUS or NTU, or after a stint at a big tech firm. The Y Combinator acceptance of Collar AI breaks that mould: both founders are polytechnic students and graduates, from...
EDBI and Peak XV Join Lumilens' US$700M Bet on Replacing Data Centre Copper With Light
Singapore's EDBI has joined Peak XV and a roster of global funds in Lumilens' US$700 million Series C, valuing the two-year-old optical interconnect startup at US$5.51 billion. The bet: AI's next bottleneck isn't chips — it's the wiring that connects them, and light will replace copper in data centres.
Singapore Captures Nearly All of Southeast Asia's US$9.3B Native AI Funding: Tracxn
If there was any doubt about where Southeast Asia's AI money actually lands, Tracxn's latest count settles it. The market intelligence platform reports that the region's native AI ecosystem has raised roughly US$9.3 billion across 261 disclosed equity rounds as of July 2026 — and Singapore accounts for the...
Singapore's Acrab Raises US$130M Series B to Push Edge AI Silicon From Stealth to Revenue
Most of the AI conversation in Singapore runs through software — chatbots, copilots, policy frameworks — while the silicon underneath is designed elsewhere. Acrab, a Singapore-headquartered startup founded in 2024, is trying to change that with chips built to run large models where the user is,
DBS Steps Up SME Support With AI Adoption, Financing and Payments
Singapore's SMEs are adopting AI at a fraction of the rate of large firms — a gap Parliament was told this week stands at 76% versus 27% — and DBS is betting that the missing ingredient is not just funding, but hand-holding. The bank's new "DBS for SMEs" initiative bundles advisory services,...
AI Is Commoditising Software — So Singapore VCs Are Chasing Deep Tech
There is an irony forming in Singapore's startup funding scene: the same AI wave that is minting software fortunes is pushing investors toward companies that have little to do with software at all. More venture capital firms are expanding into deep tech — quantum computing, frontier AI, advanced materials —...
HSBC to Launch Global AI Centre of Excellence in Singapore, Hiring Over 200
HSBC is planting a significant flag in Singapore's AI landscape. The bank announced on July 27 that it will establish a Global AI Centre of Excellence (CoE) in the city-state by the second half of 2026, hiring more than 100 AI specialists to build capabilities that will be deployed across its global network.
Ambiq Micro's SGX Debut Gives Singapore Investors a Direct Stake in Edge AI
Singapore's semiconductor story has mostly been told through fabs, foundries and data centres — the heavy infrastructure of the AI boom. But the technology's next phase is moving to the edge: running AI on the battery-powered devices people actually carry, from smartwatches to industrial sensors.
HSBC to Establish Global AI Centre of Excellence in Singapore, Hire Over 100 AI Specialists
HSBC is doubling down on Singapore as an AI hub. The London-headquartered banking giant announced it will launch a Global AI Centre of Excellence (CoE) in Singapore in the second half of 2026, creating more than 100 specialist AI roles and signalling that the city-state's bet on becoming Asia's AI talent...
MAS reports net profit of S$20 billion driven by strong investment gains
On Tuesday, the Monetary Authority of Singapore released its annual report showing a net profit of S0 billion for FY2025/2026 — the third highest on record — driven by S9.8 billion in investment gains across bonds and equities in both developed and emerging markets. But buried in the upbeat numbers was a...
Microsoft’s Project Perception Uses AI Agents to Detect and Address Cyber Risks
As cyberattacks grow more sophisticated with AI-driven automation, the gap between defensive capabilities and offensive threats continues to widen for enterprises worldwide. In Singapore — where digital infrastructure underpins everything from financial services to government services — the stakes are...