Singapore

Singapore’s Deputy Prime Minister and Chairman of the National Research Foundation (NRF) Heng Swee Keat, has on Thursday outlined an investment of close to SGD 300 million ($222 million) into Singapore’s National Quantum Strategy (NQS) to advance Singapore’s growing Quantum industry.

Grab, a leading superapp in Southeast Asia, and OpenAI, an American artificial intelligence research organization, have on Thursday announced they will collaborate to build and deploy advanced artificial intelligence (AI) solutions that enrich the Grab experience for users, partners, and employees.

Tribe and Digital Industry Singapore (DISG) have on Wednesday announced a collaboration with NVIDIA to establish the Ignition AI Accelerator, a new global AI startup accelerator based in Singapore.

The Innovate UK Global Incubator Program, a collaborative initiative between Singapore Deep Tech Alliance (SDTA), Better Earth Ventures (BEV), and Innovate UK, has returned to Singapore to boost clean tech ventures.

Aspire, a finance platform headquartered in Singapore, has on Wednesday announced that the company has successfully obtained a money service operator (MSO) license issued by the Hong Kong Customs and Excise Department.

AnyMind Group, a Singapore-based business process as a service (BPaaS) company for marketing, e-commerce and digital transformation, has on Wednesday announced the completion of its full acquisition of Malaysia-based e-commerce enabler, Arche Digital.

American multinational technology company IBM has on Tuesday announced the signing of a memorandum of understanding (MOU) with AI Singapore (AISG) to collaborate on the testing of the SEA-LION large language model (LLM).

AVPN, the largest network of social investors based in Singapore, has announced the launch of the $15 million Artificial Intelligence (AI) Opportunity Fund: Asia-Pacific, with the support of Google.org and the Asian Development Bank (ADB).

XSQUARE Technologies (XSQUARE), a Singapore-based intelligent warehousing automation company, has successfully raised SGD 10.5 million ($7.78 million) in Series A funding. The round was led by Wavemaker Partners, the Southeast Asia's leading venture capital firm, with participation from SEEDS Capital, the investment arm of Enterprise Singapore–and Goldbell…

Singapore-based angel investment network ThinKuvate has on Tuesday announced the launch of its first India focused Fund – ThinKuvate India Fund – I with a total corpus of Rs 100 crore ($12 million).