News
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2025 Had 8,200 AI-Linked Job Cuts. 7 Months Into 2026, It’s 70,000
For most of last year, the tally of AI-linked job losses in banking and fintech looked almost reassuring. Over the whole of 2025, the Fintech News Network's ongoing tracker recorded just seven announcements affecting around 8,200 roles across the sector — a number worth watching, but hardly a sign of...
Singapore-Listed UltraGreen.ai Faces New US Competition as Rival ICG Dye Wins FDA Approval
Singapore's fast-rising surgical imaging company is about to face its first real competitive test. UltraGreen.ai, the homegrown medical device maker that grabbed headlines with a blockbuster SGX listing last month, has enjoyed a near-monopoly position in the US market for its indocyanine green (ICG) dye — a.
Young Singapore Investors Want AI to Help — Not Decide — Their Investments
Singapore's fintech story keeps circling back to the same question: as AI gets better at markets, how much of the decision-making are people actually willing to hand over?
Only 1 in 10 Singapore Firms Have Redesigned Work Around AI, ServiceNow Finds
Singapore's AI headlines keep getting more impressive — agentic AI use has more than doubled in a year and AI budgets are climbing at triple-digit rates. But a new ServiceNow survey suggests the adoption numbers are flattering the underlying reality: only one in 10 Singapore enterprises has actually redesigned its work processes so AI can carry tasks across an entire workflow.
Singapore Named World's Top AI City in Counterpoint's 2025 Global AI Cities Index
Every ranking that puts Singapore on a tech podium is worth a second look, and Counterpoint Research's new one has a more interesting story behind it than the headline suggests. The firm's 2025 Global AI Cities Index, which measured how 100 of the world's largest metropolitan areas actually use artificial...
Anti-AI Art Platform Cara, Founded by Singapore Photographer, Scraped — 12 Million Images Swept Up
Singapore talks often about becoming an AI hub, but the harder question is what happens to the human creators whose work quietly fuels the machines. That tension landed squarely on a Singaporean founder this week, when the anti-AI art platform she built was broken into.
Singapore Business Sentiment Rebounds to 53.3 in Q2, With AI Investment a Key Driver
Singapore business sentiment rebounded two points to 53.3 in the second quarter, with the Singapore Business Federation explicitly crediting AI investment, resilient domestic growth and a contained Middle East fallout for the turnaround. The survey of more than 500 firms found broad-based improvement in profitability and hiring expectations, even as IT-related hiring cooled.
SIA Runs 160+ AI Applications in Push to Become a Leading 'Digital Airline'
Singapore Airlines has long been the benchmark for service in Asian aviation, and the national carrier is now trying to make that edge an artificial intelligence story. More than eight years into a digital transformation that began in 2018, when CEO Goh Choon Phong personally stepped up to champion AI as a...
VivoPower to Spin Off 2.2GW AI Data Centre Assets Into New Singapore-HQ Platform
VivoPower has approved spinning off over 2.2GW of non-Nordic AI data centre assets into a new, independently capitalised platform headquartered in Singapore. The vehicle targets pre-IPO and London and Abu Dhabi listings while VivoPower retains de facto control.
Singapore's AI adoption numbers look strong — but much of it rests on a single person
An AWS-commissioned study of 1,500 Singapore firms shows strong AI adoption, but in around 60% of companies the entire capability rests on one person. The commentary argues Singapore's real test is converting adoption into durable, organisation-wide capability rather than single-champion dependence.
Singapore's 'Two-Speed Economy': AI Fuels Near-6% Growth, But the Gains Aren't Reaching Everyone
Singapore's GDP grew 5.9 per cent year-on-year in Q2, but the gains are increasingly concentrated — manufacturing, wholesale trade and finance account for about three-quarters of growth while retail and F&B lag. The AI-driven boom is widening a productivity gap that has analysts describing a two-speed economy.
Singapore's Agentic AI Adoption Doubles in a Year — but Only 28% of Firms Have Risk Controls
Singapore's enterprises have spent the past year buying into artificial intelligence at a pace few markets can match — and the latest evidence suggests agentic AI, the next stage of that push, is taking hold faster than almost anywhere else. The question is no longer whether Singapore's businesses will adopt...