Singapore

Singapore has on Wednesday announced new global initiatives and collaborations to strengthen the country’s artificial intelligence (AI) ecosystem and accelerate responsible AI adoption, putting the city state at the forefront of efforts to operationalize AI safety, accelerate capability development, and promote international cooperation for AI.

GridCARE, a new company powering the artificial intelligence (AI) revolution, has closed a highly oversubscribed $13.5 million Seed financing round led by Xora, a deep technology venture capital firm backed by Temasek.

Nearly one in three Singaporean businesses (31 percent) have accelerated their artificial intelligence (AI) or automation efforts in response to global disruptions — a clear sign that a significant segment of the market is actively leveraging technology to adapt to challenging conditions, the findings of Deel showed Wednesday.

Singapore-based, Temasek-owned food technology company Nurasa, and globally provider of chocolate and cocoa solutions Barry Callebaut, have signed a memorandum of understanding (MoU) to accelerate sustainable chocolate innovation in Asia Pacific.

The Singapore Tourism Board (STB) and global technology company Wise have announced a strategic partnership to promote travel to Singapore and increase tourism spending by offering greater value to Malaysian travelers.

73 percent of Southeast Asian shoppers prefer artificial intelligence (AI) to augment, not replace human service, highlighting strong demand for hybrid experiences that combine AI efficiency with human empathy, SleekFlow whitepaper showed Tuesday.

Myntra, an India-based fashion, beauty and lifestyle e-commerce firm, has announced the launch of Myntra Global, and is set to bring Indian fashion to Singapore.

Quadria Capital, a Singapore-based premier healthcare-focused private equity firm, announced Monday the final close of its Fund III with $1.07 billion in total commitments, significantly exceeding its original $800 million target.

Home Team Science and Technology Agency (HTX) and Google Cloud have signed a strategic collaboration agreement to bolster the Singapore agency’s capabilities across a wide range of artificial intelligence (AI) areas.

In a landmark move for regional energy cooperation, leading energy companies from Malaysia, Singapore, and Vietnam have signed a joint development agreement to explore the export of renewable electricity from Vietnam to Malaysia and Singapore.