Partnerships
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Qualcomm in Advanced Talks to Acquire AI Chip Startup Modular for US$4 Billion
The potential acquisition would value Modular at 2.5x its September 2025 valuation, signalling intense demand for AI chip startups. Qualcomm is also reportedly pursuing a separate US$8-10 billion deal for Tenstorrent.
Micron and Anthropic Partner to Shape Next-Generation AI Infrastructure
Micron Technology and Anthropic have entered into a broad strategic agreement covering memory and storage architecture design, a multi-year supply deal, enterprise deployment of Claude at Micron, and a strategic investment by Micron in Anthropic Series H funding round.
Temasek and GIC Could See Over 100% Returns on Anthropic Investment
Singapore's sovereign wealth funds Temasek and GIC are sitting on potential returns exceeding 100% on their investments in Anthropic, the company behind the Claude AI assistant, according to analysis by Vulcan Post.
Sea and OpenAI Deepen Partnership to Drive AI Across Southeast Asia
Sea Limited (NYSE: SE) and OpenAI have signed a new strategic partnership agreement that expands their collaboration across e-commerce, small business tools, and developer ecosystems, marking one of the most significant AI partnerships to emerge from Singapore this year. The June 22 ann.
Databricks to Boost Singapore Workforce by 50% as AI Demand Surges
US data and AI company Databricks plans to expand its Singapore workforce by up to 50 per cent over the coming year, reinforcing the city-state's role as a regional hub for enterprise AI. The move comes as demand for AI infrastructure and data management tools surges across Asia-Pacific,.
LUMIQ Raises Strategic Funding to Scale AI Decision Layer for Financial Services
Singapore- and New York-based LUMIQ has secured a strategic funding round led by Bajaj Finserv, India's largest diversified financial group, to expand its AI-powered auto-decisioning platform LiteCone across the United States and Southeast Asia.
SIT and BeeX Launch Autonomous Marine Foundry at Punggol Digital District
The Singapore Institute of Technology and underwater robotics company BeeX have unveiled the Autonomous Marine Foundry at SIT's Punggol campus, a joint lab designed to accelerate the development and deployment of maritime robotics and autonomous underwater systems for industries including oil and gas, defence, and offshore infrastructure.
Abu Dhabis MGX Eyes Multi-Billion Deal for Singapore Data Centre Operator DayOne
Abu Dhabi-backed AI investment giant MGX is circling Singapore-based data centre operator DayOne for a potential multi-billion-dollar acquisition, three sources familiar with the discussions told Reuters.
Equinix and Cisco Deploy Secure AI Factory in Singapore Data Centres
Equinix and Cisco have expanded their collaboration to deploy the Cisco Secure AI Factory with NVIDIA directly within Equinix's Singapore data centres, giving local enterprises a sovereign, secure foundation to build and scale AI workloads.
NUS and PolyU Partner on AI-Powered Knee Osteoarthritis Detection
The National University of Singapore's Yong Loo Lin School of Medicine and the Hong Kong Polytechnic University have formalised a research partnership to deploy AI-powered tools for early detection and management of knee osteoarthritis in community settings.
Brrandom to Set Up Singapore AI Centre of Excellence in Regional Expansion Push
Brrandom, the India and Southeast Asia-headquartered AI-native marketing technology company, has announced a major expansion into Singapore and Indonesia on its third anniversary. The company will establish a Regional AI Centre of Excellence in Singapore and open new offices in Indonesia.
AISG Partners with US National Science Foundation on Trustworthy AI Research
AI Singapore has launched a collaborative research project with the US National Science Foundation, bringing together researchers from NTU, SMU, and MIT to tackle one of AI's hardest problems: making human-AI collaboration systems truly trustworthy. The project aims to build AI systems that can handle complex decision-making through natural language while remaining transparent, explainable, and reliable.