2 in 3 Singapore entrepreneurs adjust operations for AI

Source: Singapore Business Review
Published on: 2026-10-21 22:00

Six in 10 Singapore entrepreneurs plan to invest in AI. Nearly two in three Singapore entrepreneurs have already adjusted their business operations to prepare for artificial intelligence, according to HSBC Private Bank's Global Entrepreneurial Wealth Report 2026. The survey found that 65% of entrepreneurs in Singapore have changed their operations in response to AI, compared with 60% globally. Almost all respondents in Singapore (97%) have either already made, or plan to make, operational changes because of advances in AI, versus 95% worldwide. Investment in AI is also rising. Around 61% of Singapore entrepreneurs plan to invest between 11% and 30% of their annual turnover in AI technologies over the next 12 months, matching the global average. In a separate report, 75% believed AI would improve their industries, but the proportion of companies approaching or achieving their AI goals...

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