Singapore

Singapore businesses are embracing artificial intelligence (AI) with greater confidence than their global counterparts, according to PwC’s Global AI performance study revealed on Monday.

Singapore-based venture capital firm Vertex Holdings has announced the appointment of Dilhan Pillay Sandrasegara, Executive Director and Chief Executive Officer of Temasek Holdings, as Chairman of the Board with effect from April 15.

Singapore's Senior Minister of State for Digital Development and Information, and Health Tan Kiat How has announced that the Infocomm Media Development Authority (IMDA) will expand TIP Alliance1 to include local information and digital technology (IDT) university graduates.

Chinese autonomous vehicle technology company Pony AI Inc. (Pony.ai) has partnered with Singapore's national transport group ComfortDelGro to launch autonomous mobility service in the city state.

India-based Nava, a cloud infrastructure company focused on GPU compute and AI data centers across the Asia-Pacific region, has raised $22 million in a Series A funding round.

Digital Realty, the Us-based data center platform, announced Thursday it is targeting nearly S$7 billion ($5.49 billion) of total investment in Singapore, reinforcing the market's critical role as an artificial intelligence (AI) infrastructure hub for Asia Pacific.

Xora Innovation, an early-stage AI and deep tech venture firm backed by Singaporean state-owned investment firm Temasek, has appointed Eric Rosenblum as General Partner.

ESR, an Asia-Pacific-focused real asset owner and manager, has secured $850 million in additional equity capital from existing shareholders, strengthening its balance sheet and supporting its expansion strategy.

Microsoft has on Thursday announced the ‘MPowerHer’ collaboration in Singapore alongside SG Women in Tech, Mums@Work, and Code; Without Barriers to empower more women to build practical artificial intelligence (AI) and digital skills.

Singapore-based businesses are among the most advanced in the region in turning sustainability ambition into implementation, but the survey suggests funding needs are still an important constraint on further progress, according to HSBC’s Sustainability Pulse Survey.