Partnerships
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Amity Opens Singapore AI Hub After US$100M EDBI-Led Funding Round
Thailand-founded enterprise software group Amity has opened a Singapore AI Research and Application Centre backed by a US$100 million EDBI-led Series D round, targeting US$200 million in annual revenue and a 2027 IPO with up to 60 local AI roles.
Firmus and Singapore-Based DayOne to Build 360MW Nvidia AI Factory in Batam
Australian AI infrastructure firm Firmus Technologies has partnered with Singapore-based data centre operator DayOne and Nvidia to build a 360-megawatt AI factory campus in Batam, Indonesia — just off Singapore's coast — set to go live in Q1 2027.
GIC, Mercedes Back Momenta's US$800M Autonomous Driving IPO
Singapore sovereign wealth fund GIC has joined Mercedes-Benz as a cornerstone investor in Chinese autonomous driving startup Momenta's upcoming Hong Kong IPO, which is targeting up to US$800 million at a valuation of roughly US$9 billion.
Vietnam and Singapore Partner on AI and Green Growth at Bilateral Forum
The 2026 Vietnam-Singapore Business Forum concluded in Hanoi with a joint push on AI adoption, carbon market development, and investment capital. Featuring Singapore Ambassador Rajpal Singh and former Temasek Chairman Lim Boon Heng, the forum identified AI as a strategic priority for bilateral cooperation.
NUS Launches $117M Deep Tech VC Program With Silicon Valley Partners
The National University of Singapore has taken a significant step toward bridging Southeast Asian deep tech with Silicon Valley's venture ecosystem, announcing a $117 million VC programme in partnership with US-based firms Playground Global and Matter Venture Partners.
GlobalFoundries Positions Singapore as Core Hub for Physical AI Era
GlobalFoundries is betting big on Singapore as the manufacturing and R&D hub for the emerging era of physical AI — where artificial intelligence moves beyond screens and into humanoid robots, autonomous vehicles, and drones. The US chipmaker's CTO confirmed the Republic plays a foundational role, as it expands investment in next-generation semiconductor technologies including silicon photonics.
Cisco and DDAS Launch Three-Year AI and Cybersecurity Training Push in Singapore
Cisco has partnered with the Digital Defence Alliance Singapore to train youths and professionals in AI and cybersecurity over three years, with overseas immersions in Seoul and Tokyo already underway alongside expanded TeSA and SkillsFuture AI initiatives.
NTT Data Deploys Cursor AI Platform to Accelerate Legacy System Modernisation
NTT Data is rolling out Cursor Enterprise, an AI-powered coding platform, across its global software engineering operations. The move positions the Japanese-owned technology services giant to dramatically accelerate enterprise legacy modernisation from its Singapore hub, embedding.
DSTA and Mistral Deepen AI Collaboration for Defence and Drone Navigation
Singapore's Defence Science and Technology Agency (DSTA) and French AI company Mistral are expanding their joint research into two high-stakes areas of artificial intelligence: agentic AI for mission planning and vision-language models for autonomous drone navigation.
Backbase Acquires Kasisto to Deepen Agentic Banking Push in Asia Pacific
Backbase, the Amsterdam-based AI-native banking OS provider, has acquired Kasisto, a New York developer of agentic AI software for banks and credit unions, folding its KAIgentic platform and KaiGPT proprietary banking LLM into Backbase's existing product suite.
A*STAR and ATLANT 3D Partner on AI-Driven Materials Discovery Hub
The Agency for Science, Technology and Research (A*STAR) has inked a tripartite memorandum of understanding with deep-tech firm ATLANT 3D and the National Additive Manufacturing Innovation Cluster (NAMIC) to launch A-HUB, an advanced materials development hub in Singapore focused on AI-driven materials discovery.
Sea Group and OpenAI Deepen Alliance to Bring Shopee Into ChatGPT
Singapore-based tech giant Sea Limited has announced a major expansion of its strategic partnership with OpenAI, embedding Shopee directly into ChatGPT and rolling out enterprise-grade AI tools for small businesses across eight markets.