Govt courts mid-cap tech firms to anchor AI growth

Large workforce: People walk along Liang Seah Street in central Singapore. An agency tasked with driving a programme launched this year to move companies from AI ambition to action is helping them develop viable AI use cases and scale them up. — Reuters

SINGAPORE: They are not as well-known as big names like Nvidia, but more mid-cap tech companies from around the world are looking to Singapore as a base, and a government outfit is out to woo them.

These firms, which could be making S$260mil (US$200mil) in annual revenues, are seeking launchpads into new markets, said Philbert Gomez, executive director of Digital Industry Singapore (DISG).