Why did this happen?
China’s AI startups are increasingly looking to Singapore as a strategic location for global expansion. This shift is driven by several factors, including Singapore’s robust technological infrastructure, favorable regulatory environment, and strategic position as a gateway to international markets.
Singapore offers a conducive environment for innovation and growth, making it an attractive destination for AI companies seeking to scale their operations globally. The city-state’s commitment to technological advancement and its supportive policies have created a thriving ecosystem for startups.
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Source: Bloomberg
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