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HSBC to Open Its First Global AI Centre and Hire Over 200 Staff
HSBC is making its biggest AI bet in Southeast Asia. The London-headquartered banking giant announced plans to open its first global AI centre of excellence in Singapore later this year, committing to hire more than 100 AI specialists and 100 wealth relationship managers in the city-state over the next two...
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HSBC is making its biggest AI bet in Southeast Asia. The London-headquartered banking giant announced plans to open its first global AI centre of excellence in Singapore later this year, committing to hire more than 100 AI specialists and 100 wealth relationship managers in the city-state over the next two...
OpenRouter Could Fetch US$10 Billion in Reported Takeover Talks With Stripe
Singapore-based Fintech News is reporting that Stripe, the global payments giant valued at US$159 billion, is in talks to acquire OpenRouter — an AI model marketplace that gives developers unified access to over 400 models from more than 70 providers. The deal, first reported by The Wall Street Journal,...
Singapore Unveils Three-Pronged Strategy Against AI-Enabled OT Cyberattacks on Critical Infrastructure
Singapore has outlined a three-priority strategy to defend critical infrastructure against AI-powered OT attacks, as Minister Josephine Teo warned that AI is enabling attackers without specialist knowledge to target power grids and telecoms networks. The framework is one of the most structured national responses to AI-enabled OT threats globally
7 in 10 Singapore Firms Unprepared for AI-Driven Cyberattacks, Mimecast Study Finds
Singapore organisations are acutely aware of the threat posed by AI-driven cyberattacks — but most are not doing enough to prepare for them. That is the central finding of a new study by cybersecurity firm Mimecast, whose State of Human Risk 2026 report surveyed 500 IT security decision-makers across...
Singapore economy to stay firm for rest of 2026 as AI boom cushions oil shock...
On Monday, the Monetary Authority of Singapore released its quarterly macroeconomic review — and the headline numbers tell a story that would have seemed improbable a year ago. Singapore's economy grew 5.7 per cent year-on-year in the second quarter, powered overwhelmingly by the global AI boom, even as oil...
Singapore Factory Output Rises 7.2% in June as AI Demand Drives Electronics Boom
Singapore's manufacturing output rose 7.2 per cent year on year in June, driven by sustained AI-related demand that lifted electronics production by 21.3 per cent. The semiconductor segment grew 21.1 per cent while infocomms and consumer electronics jumped 32.1 per cent, according to EDB data released Monday.
Singapore Ranks 11th Globally, First Among Asian Financial Centres in BCG's Inaugural AI Cities Index
Singapore has emerged as Asia's top-ranked financial centre in Boston Consulting Group's inaugural Intelligent Cities Index 2026, placing 11th globally and comfortably ahead of regional rival Hong Kong which ranked 36th. The index assessed 61 cities across five dimensions spanning AI adoption, digital infrastructure, governance, and innovation ecosystems.
Osome Doubles Down on Singapore as AI Companies Flock to Regional Base
Singapore's pull as a regional hub for artificial intelligence companies is showing no signs of slowing down — and the businesses that help those startups get off the ground are adapting accordingly. Osome, an AI-powered company management platform serving over 50,000 founders globally, announced it is...
Singapore Schools Need to Teach AI-Era Soft Skills Like Discernment, Says MOS Jasmin Lau
As AI tools become deeply embedded in Singapore's classrooms and workplaces, the question shifts from whether students can use AI to whether they can thrive alongside it. Minister of State for Education Jasmin Lau put that tension into sharp focus at a July 26 public engagement session, arguing that skills...