News
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Not at the Peak of the AI Cycle, Says Eastspring Investments
Eastspring Investments' chief economist Ray Farris argues the AI investment cycle has not peaked despite recent market volatility, advising investors not to write off the theme as the sector shifts into later-cycle dynamics with slower but still meaningful growth.
Original Investors Buy Back Singapore AI Startup Manus From Meta for US$2 Billion
Early Chinese investors HSG, ZhenFund and Tencent are buying Singapore-based AI startup Manus back from Meta for US$2 billion, matching what Meta paid in December, after Beijing's April directive forced renewed scrutiny of US investments in Chinese AI firms. Manus' revenue run rate has surged from US$100 million to US$400-500 million as the company explores restructuring into a China-incorporated joint venture.
Microsoft Routes OpenAI Model Sales to Chinese Firms Through Singapore Data Centres
Microsoft has quietly become the primary supplier of OpenAI's GPT models to Chinese companies, routing access through data centres in Singapore to serve customers including ByteDance, Ant Group, and Meituan.
Singapore Mid-Market Firms Lose 23% of AI Budgets to Complexity, Freshworks Report Finds
Singapore's mid-market companies are haemorrhaging nearly a quarter of their artificial intelligence budgets to system complexity before seeing any returns, according to a new global report from Freshworks.
Only 20% of Singapore's Youngest Workers Use AI Daily, Report Finds
Only 20 percent of workers aged 18 to 26 in Singapore use AI daily, the lowest across all age groups says ADP Research's People at Work Report 2026, challenging assumptions about Gen Z leading AI adoption.
Singapore Music Studios Lose Up to 60% of Project Budgets as Clients Turn to AI
AI-generated music and voiceovers are compressing budgets across Singapore's creative audio industry, with some studios reporting project budget cuts of up to 60 percent over three years. Freelancer usage has dropped 20 to 30 percent at some firms as clients increasingly demand AI-generated content over human-produced work.
Heavy AI Use Meets Productivity Doubt in Singapore Workplaces
Singapore workers are among the world's most frequent users of AI tools, yet a growing disconnect between usage and perceived productivity gains is raising questions about how effectively the technology is being deployed in local workplaces.
AI Job Postings in Singapore Surge to 84,000 in 2025
AI-related job postings in Singapore hit approximately 84,000 in 2025, up by 30,000 year-on-year, as employers across the economy accelerate hiring for roles that require artificial intelligence skills.
Singapore Insurers Turn to AI as Medical Inflation Pressures Profitability
Singapore's insurance industry is accelerating its adoption of artificial intelligence to counter mounting profitability pressure from rising medical inflation, escalating claim costs, and increasing risk complexity.
Singapore Workers Ranked World's Second-Most Active AI Users, Microsoft Report Finds
Singapore employees are among the world's most active and responsible users of artificial intelligence, ranking second globally on Microsoft's 2026 Work Trend Index, with 66 percent of AI users producing work they could not have created a year ago.
MAS Chief Warns Rising AI Costs Could Weigh on Investment Returns
Monetary Authority of Singapore (MAS) Managing Director Chia Der Jiun warned that rising costs of energy and chips powering artificial intelligence could weigh on investment returns, speaking at the Lujiazui Forum on June 17.
Unprecedented AI Buildout Drove Singapore's Sharpest NODX Surge in Two Decades
The global push to build artificial intelligence infrastructure has delivered Singapore its steepest non-oil domestic exports (NODX) growth in over twenty years. Non-oil domestic exports surged 38.4% year-on-year in May, extending April's 24.4% gain and marking the highest rise since.