Daily Debrief: What Happened Today (May 20)

Stories you might have missed

OpenAI picks Singapore for first Applied AI Lab outside US in S$300 million push to tap ‘incredible talent here’

[SINGAPORE] ChatGPT creator OpenAI will open its first Applied AI Lab outside the US in Singapore and hire more than 200 specialised artificial intelligence professionals over the next few years as part of a S$300 million investment in the Republic.

Commercial vehicle COE premium up 5.4% at new record of S$92,223

[SINGAPORE] The Certificate of Entitlement (COE) premium for commercial vehicles set a new record as most categories rose in May’s second round of bidding that ended on Wednesday (May 20).

Singapore welcomes competition for AI leadership; not a zero-sum game: Gan Kim Yong

[SINGAPORE] The city-state is happy to work with any other country who wants to compete for artificial intelligence leadership, “to make progress together”, Singapore Deputy Prime Minister Gan Kim Yong said on Wednesday (May 20).

QAF-owned Gardenia axes 141 staff in Singapore, shifts production to Johor Bahru

[SINGAPORE] Bread maker Gardenia Foods will move its bakery operations from Singapore to Johor Bahru, Malaysia, with 141 staff at its Pandan Loop facility to be retrenched.

Singapore and World Bank team up to launch carbon markets programme

[SINGAPORE] The Republic has partnered the World Bank Group to launch the Singapore Carbon Markets Programme, the latest initiative under the organisation’s strategic partnership with the country.

Singapore to be ‘early entrant’ in nuclear fusion supply chain with A*Star, US startup deal

[SINGAPORE] Commonwealth Fusion Systems (CFS), the world’s largest private company in nuclear fusion energy, has inked a five-year collaboration deal with Singapore’s Agency for Science, Technology and Research (A*Star).