Grants
Funding, subsidies, and incentive schemes for AI in Singapore.
HSBC Chooses Singapore for First Global AI Centre of Excellence, Hiring 100+ AI Specialists
HSBC is setting up its first global AI centre of excellence in Singapore, hiring more than 100 AI specialists across natural language processing, data science, and AI governance. The bank is also adding 100 wealth relationship manager roles over two years.
IMDA's Open Innovation Platform Bridges Singapore's AI Adoption Gap With Structured Challenge-Based Funding
Singapore's AI ambitions have never been in doubt — the National AI Council, S$4 billion in air traffic control AI investment, and a parade of government initiatives make the direction clear. But between policy aspiration and enterprise execution lies a familiar gap: companies know they should adopt AI, but...
GIC Broadens AI Investment Strategy Beyond Chipmakers to Companies Leveraging AI
Singapore's sovereign wealth fund GIC is shifting its AI investment lens. After years of concentrating on semiconductor companies and AI developers — the infrastructure layer of the AI boom — the fund is now broadening its focus to include companies that can use AI to transform their businesses, according to...
GIC invested in Anthropic 3 times in a year, AI behemoth valued at S$1.2 tril...
Singapore's sovereign wealth fund GIC has been quietly building one of the most concentrated AI investment portfolios among global institutional investors, and its latest annual report offers an unusually detailed look at how it picks winners in the space. The fund backed Anthropic three times in under a...
GIC Posts Lowest Return Since 2020 as It Restructures Around AI as Key Investment Focus
Singapore's sovereign wealth fund GIC released its annual report on Friday with a 20-year annualised real return of 3.4 per cent — the lowest since FY2019/2020 — and used the occasion to unveil a restructured investment framework that places artificial intelligence at the centre of its strategy for
Singapore Physical AI Startup Ropedia Raises US2M for Embodied AI Data Infrastructure
Singapore-based Ropedia has raised US2 million in pre-Series A funding to scale its wearable hardware and data platform for embodied AI training, bringing its total funding to US0 million as physical AI demand surges across Southeast Asia and North America.
Singapore Jumps from 16th to 4th in Global Startup Rankings as AI Spurs Innovation Ecosystem Growth
Singapore has climbed from 16th to 4th place globally in startup ecosystem rankings since 2020, driven by a S$37 billion innovation push targeting advanced manufacturing, AI, and healthcare, according to a new report by Arthur D. Little and the EDB.
Singapore HR Tech Firm BIPO Raises US$50M to Embed AI into Global Payroll Infrastructure
Singapore-based human resources technology company BIPO has secured US$50 million from Apis Partners to expand its payroll technology and accelerate AI capabilities. The company supports 700,000 employees across 170 countries, processing nearly US$2 billion in payroll payments annually for 6,000 corporate clients, and plans to build AI-powered workforce scheduling, payroll accuracy tools, and implementation workflows.
Some Singapore retailers turn to China for ideas on live commerce and AI as c...
Singapore retailers are looking 3,700 kilometres north for inspiration on how to blend physical stores with digital commerce. A group of about 30 local retailers travelled to Hangzhou in March 2026 on a study trip organised by the Singapore Retailers Association (SRA), visiting China's live-commerce...
SG startup K25 AI secures $2M from Nasdaq-listed Semler Scientific for enterprise AI push
Singapore's AI startup ecosystem continues to attract global capital, with the latest vote of confidence going to K25 AI, a homegrown enterprise AI company that has secured US$2 million in funding from Nasdaq-listed healthcare technology firm Semler Scientific. The investment underscores a...
Blackstone-Backed AirTrunk Files for S$1.9 Billion Singapore REIT IPO on AI Data Centre Boom
Data centres have become the physical backbone of the AI revolution, and AirTrunk aims to raise S.9 billion through a Singapore REIT IPO in September or October, capitalising on surging demand for AI compute infrastructure across Asia-Pacific.
Whale Closes 0M Series C3 Extension, Bringing Total to 00M for Enterprise AI Push
Singapore-headquartered enterprise AI company Whale has raised a 0 million Series C3 extension, pushing its total Series C funding to 00 million. The round was led by CMB International and SMBC Asia Rising Fund, with participation from Singtel Innov8, Hyundai Motor Group, and others, as the company scales its AI Operating System for enterprise operations across 45+ countries.