News
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Singapore's Big AI Push Falls Short on Data Activation, PwC Report Finds
Singapore organisations are leading the world in AI risk-taking, with 67% willing to invest aggressively compared to 41% globally, but a new PwC report reveals a critical gap: only 43% are generating new value from their data. The finding points to a widespread failure to activate the data that AI systems depend on.
AI Boom Investment Opportunities Lie Beyond Big Names in Singapore
The Edge Singapore argues that the real investment opportunities from the AI boom lie with semiconductor supply chain companies like Micron that have significant operations in Singapore, rather than the premium-valued mega-cap tech names.
Digital Banks Bet Big on AI but Face a Hard Question: Where Is the ROI?
Singapore's digital bank leaders gather at the ABF & Insurance Asia Summit to confront a growing tension: AI investment is surging but measurable returns remain elusive. Green Link Digital Bank, ANEXT Bank, GXS Bank and MariBank shared how they are tying AI spend to profitability, risk management, and scalable infrastructure.
Singapore Seizes $42M Luxury Mansion Linked to Nvidia AI Chip Smuggling
Singapore police have seized a luxury bungalow worth S$55 million (US$42.5 million) allegedly purchased with proceeds from smuggling Nvidia AI servers into China, marking the first time corporate entities have been charged in the city-state's escalating crackdown on US export control violations.
Singapore Seizes S$55M Bungalow in Nvidia AI Chip Smuggling Probe
Singapore police have seized a S$55 million luxury bungalow and frozen nearly S$1 million in bank funds as part of an expanding investigation into an alleged scheme to smuggle advanced Nvidia AI chips in violation of US export controls, with new charges filed against four individuals and four corporate entities.
Singapore Actress Eswari Gunasagar Targeted by AI-Generated Fake Images
Singaporean actress and TV host Eswari Gunasagar has spoken out after AI-generated fake images of her were posted on Facebook, highlighting the growing threat of non-consensual AI deepfakes targeting women and the victim-blaming that often follows.
Insurers Urged to Keep Human Oversight Central as Agentic AI Adoption Grows
Speaking at the ABF and Insurance Asia Summit in Singapore, valantic APAC Director Goncalo Carvalho demonstrated how agentic AI is automating underwriting and document verification in insurance, while stressing that human judgment must remain the final decision-maker.
Singapore factory activity hits 51.3 PMI in June on AI-driven demand
Singapore's purchasing managers' index edged up to 51.3 in June, its highest since November 2018, driven by strong AI-related semiconductor demand. The 11th consecutive month of expansion was led by electronics sector growth, with new orders, output and employment all rising as AI chip demand continues to fuel Singapore's manufacturing sector.
AI spending and construction boom drive Singapore growth forecast upgrades
Major research houses have raised Singapore's 2026 GDP growth forecasts, citing resilient AI-related investment and a construction boom. DBS raised its forecast to 4.3%, Maybank expects 4.6%, and UOB revised up to 4%, with all三家 citing sustained AI capital expenditure and easing Middle East tensions as key factors behind the upgrades.
Tata Communications invests US$152 million to expand India-Singapore subsea cable capacity for AI traffic
Tata Communications is investing US$152 million to expand subsea cable links between India and Singapore, adding 98 Tbps of capacity driven by surging AI demand. The project covers two cable routes — Mumbai-Singapore and Chennai-Singapore — and strengthens Singapore's position as Southeast Asia's co
Singapore Employers Face Widening Talent Split as AI Hiring Tightens
Demand for AI, cloud, and digital transformation specialists is outpacing supply in Singapore, creating a two-speed labour market where niche roles remain candidate-led while broader hiring stays employer-driven, according to Robert Walters and Aon experts.
Singapore Data Centres Face Cooling Challenge as AI Demand Grows
Singapore data centre operators are under pressure to improve cooling efficiency as AI, cloud, and HPC workloads push power demand higher, with humidity and limited natural cooling making tropical facilities harder to optimise at scale.