OpenAI steps up Singapore footprint, in talks to lease 100,000 sq ft in Shaw Tower
Rival Anthropic has leased about 100 desks within The Executive Centre facility at Ocean Financial Centre
OpenAI is seeking to expand its presence in Singapore, reportedly in negotiations to lease approximately 100,000 square feet of office space at the Shaw Tower on Beach Road. This would be a significant increase in the company's footprint in the city-state, as it currently operates from a flexible space facility in CapitaSpring that leases around 100 desks.
OpenAI's ambitions in Singapore extend beyond its office space, with the company recently unveiling plans for its first Applied AI Lab in the Republic, which aims to employ over 200 AI specialists and invest S$300 million in AI innovation and talent development. Meanwhile, rival Anthropic has also established a foothold in Singapore, leasing about 100 desks at The Executive Centre facility in Ocean Financial Centre.
The Republic appears to be a hotspot for AI companies, with several others, including French generative AI firm Mistral AI and conversational AI platform Sierra, also expanding their operations in the area.
Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
