16 Oct '17, 4am

Marvelstone to launch world's largest AI hub in Singapore next year

SINGAPORE - Marvelstone Group, the private investment firm behind Singapore-based fintech hub LATTICE80, plans to launch the world's largest artificial intelligence (AI) hub in Singapore's central business district (CBD) in 2018. The Singapore hub will be followed by sister hubs in Japan, Scotland and Canada, the firm said in a media release on Monday (Oct 16). The Singapore hub will serve the existing need in the market and help position the country as a global leader in AI technologies, expected to be a key growth engine of the future economy, said the firm. Many ideas in the field of AI in Singapore are still research focused and an incubator like Marvelstone can bridge the gap to commercialise them for future deployment by government and corporates, it said. Said Marvelstone president Joel KO Hyun Sik: "There is a clear need for a big playground for startups, entrepren...

Full article: http://www.straitstimes.com/business/companies-markets/ma...

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