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Nearly Half of Singapore Employees Fear AI and Cost-Cutting Will Cost Them Their Jobs
News19d ago

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.

Via Vulcan Post
Singapore's Shadow AI Blindspot Fuels Rise in AI-Powered Cyberattacks
News19d ago

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.

Via Fintech News Singapore
AI-Driven Data Centre Demand Pushes Singapore Construction Costs to 4%
News19d ago

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.

Via Singapore Business Review
Salesforce Report: Singapore Workers Among Least AI-Sceptical but Daily Use Lags
News19d ago

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.

Via Human Resources Director Asia
Singapore Retail Investors Bet Big on AI Stocks as Electronics Exports Surge
News19d ago

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.

Via The Business Times
OpenAI Launches GPT-5.6 After US Government Greenlights Public Release
News20d ago

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.

Via CNA Business
Singapore Workers Embrace AI in Theory but Slow to Adopt It Daily
News20d ago

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.

Via Singapore Business Review
AI Failures Put 86 Percent of Singapore CEOs Jobs at Risk Survey Finds
News20d ago

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.

Via Singapore Business Review
Temasek Sets Ambitious 15 Percent AI Portfolio Target by 2031
News20d ago

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.

Via The Straits Times
Singapore Files New Charges in Nvidia Chip Fraud Case as Crackdown Intensifies
News22d ago

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.

Via Bloomberg
Samsung Flags 18-Fold Profit Surge as AI Memory Demand Booms
News23d ago

Samsung Flags 18-Fold Profit Surge as AI Memory Demand Booms

Samsung Electronics is expected to report an 18-fold jump in operating profit to approximately $56 billion for Q2 2026, driven by surging AI demand for memory chips. The record result marks the company's third consecutive quarterly record as agentic AI expands beyond training into broader computing workloads.

Via CNA Business
SK Hynix Launches $28B US Listing to Capitalise on AI Memory Boom
News23d ago

SK Hynix Launches $28B US Listing to Capitalise on AI Memory Boom

South Korean chipmaker SK Hynix is launching a US listing on the Nasdaq to raise approximately $28 billion, capitalising on surging global demand for AI memory chips. The listing removes an 'accessibility discount' for US investors and ranks as one of the world's largest new share sales, trailing only SpaceX's recent record IPO.

Via CNA Business

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