News
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China Narrows AI Gap With US as Open-Source Models Reshape Valuations: George Yeo
Former Singapore Foreign Minister George Yeo warned that the rapid rise of open-source AI models is narrowing China's gap with the US and could erode the proprietary 'moats' that support Big Tech valuations. Speaking at a Standard Chartered event in Singapore, he also called for more AI power centres beyond the US and China.
ILO: AI Could Reshape 80M Jobs in Southeast Asia, Singapore Leads in Exposure
Artificial intelligence could reshape the working lives of nearly 80 million people across Southeast Asia, but there is little evidence of large-scale job losses so far, according to a new ILO report. Singapore leads the region with 42.2% of workers in AI-exposed occupations and ranks highest in AI preparedness.
Nearly Half of Singapore Employees Fear AI and Cost-Cutting Will Cost Them Their Jobs
Nearly half of Singapore workers expect their jobs to be affected by restructuring, automation or cost-cutting in 2026, according to Morgan McKinley's latest Workplace Trends Report. At 49%, the figure far exceeds the global average of 37%, signalling a workforce already planning its next move amid rising AI anxiety and a cooling job market.
Singapore's Shadow AI Blindspot Fuels Rise in AI-Powered Cyberattacks
Only 48% of Singapore organisations have full visibility into employees' AI tool usage, leaving critical data exposed as AI-powered social engineering and phishing attacks surge, a new Bitdefender survey reveals.
AI-Driven Data Centre Demand Pushes Singapore Construction Costs to 4%
AI infrastructure demand is driving Singapore's construction cost inflation to 4% in 2026, as data centre projects tighten labour supply and contractor capacity across Asia, according to a new Turner & Townsend report.
Salesforce Report: Singapore Workers Among Least AI-Sceptical but Daily Use Lags
Only 29% of Singapore's desk workers identify as AI sceptics, the lowest rate among major markets surveyed by Salesforce, yet just 6% use AI as a core part of their daily work — roughly half the global average. The gap between enthusiasm and adoption stems from unsuccessful AI pilots that produce generic outputs and lack business context.
Singapore Retail Investors Bet Big on AI Stocks as Electronics Exports Surge
More than half of Singapore retail investors expect AI-related stock prices to rise in 2026, according to eToro's Q2 Retail Investor Beat survey of 1,000 Singapore respondents. Semiconductor and chipmaker firms are the top pick at 40%, while technology holdings have climbed to 57% of portfolios, all against a backdrop of electronics exports nearly doubling in May.
OpenAI Launches GPT-5.6 After US Government Greenlights Public Release
OpenAI has launched GPT-5.6 Sol, Terra and Luna to the public after the US government approved broader release, ending a national security review. The tiered pricing strategy aims to lock in customers amid fierce AI competition.
Singapore Workers Embrace AI in Theory but Slow to Adopt It Daily
Singapore desk workers are among the least sceptical about AI globally yet slowest to use it daily according to a Slack Workforce Lab survey revealing a striking adoption gap.
AI Failures Put 86 Percent of Singapore CEOs Jobs at Risk Survey Finds
Eighty-six per cent of Singapore CEOs believe their jobs are at risk if their companies fail to integrate AI effectively according to a new survey of C-suite sentiment.
Temasek Sets Ambitious 15 Percent AI Portfolio Target by 2031
Temasek plans to more than double its AI investments from 6 per cent to 15 per cent of its S$518 billion portfolio by 2031 investing across semiconductors cloud data centres and foundation models.
Singapore Files New Charges in Nvidia Chip Fraud Case as Crackdown Intensifies
Singaporean prosecutors have filed additional charges including money laundering against a key suspect in an AI server fraud case involving illegal Nvidia chip exports. The expanded case marks a significant escalation in Singapore's efforts to clamp down on fraudulent chip trading tied to sanctions evasion.