Top 10 Companies of Artificial Intelligence in Singapore

Here are the top 10 companies in the Artificial Intelligence (AI) sector in Singapore, recognized for their significant contributions and leadership in the industry:

1. Grab

• Headquarters: Singapore

• Estimated Revenue (2023): USD 2-3 billion

• Employees: 7,000+ (Global)

• Main Business: Grab is Southeast Asia’s leading super app, offering services like ride-hailing, food delivery, and digital payments. The company heavily leverages AI for route optimization, personalized recommendations, fraud detection, and customer service automation across its platform.

• Key AI Products/Services: AI-driven route optimization, personalized recommendations, AI-powered fraud detection, and automated customer service.

• Website: Grab

2. Trax

• Headquarters: Singapore

• Estimated Revenue (2023): USD 200-300 million

• Employees: 1,000+ (Global)

• Main Business: Trax provides AI-driven computer vision solutions for the retail industry, helping brands and retailers optimize their in-store performance. The company’s AI technology is used for retail shelf monitoring, inventory management, and consumer insights.

• Key AI Products/Services: AI-powered computer vision for retail, inventory management, and AI-driven consumer insights.

• Website: Trax

3. Appier

• Headquarters: Singapore (Global HQ in Taiwan)

• Estimated Revenue (2023): USD 100-150 million

• Employees: 600+ (Global)

• Main Business: Appier is an AI-driven marketing platform that uses machine learning to optimize digital marketing campaigns. The company’s AI solutions enable businesses to better understand customer behavior, personalize marketing efforts, and increase conversion rates.

• Key AI Products/Services: AI-powered customer segmentation, predictive analytics, and personalized marketing campaigns.

• Website: Appier

4. ViSenze

• Headquarters: Singapore

• Estimated Revenue (2023): USD 50-70 million

• Employees: 150+ (Global)

• Main Business: ViSenze provides AI-driven visual search and image recognition solutions, primarily for e-commerce and retail. The company’s technology enables businesses to offer enhanced search capabilities, product recommendations, and visual content analysis.

• Key AI Products/Services: AI-powered visual search, image recognition, and AI-driven product recommendations.

• Website: ViSenze

5. Yitu Technology (Singapore Operations)

• Headquarters: Singapore (Global HQ in Shanghai, China)

• Estimated Revenue (2023): USD 800 million - 1 billion (Global)

• Employees: 2,000+ (Global)

• Main Business: Yitu Technology specializes in AI-driven facial recognition and computer vision solutions. In Singapore, Yitu’s technologies are used in public safety, healthcare, and financial services, focusing on enhancing security and operational efficiency.

• Key AI Products/Services: AI-powered facial recognition, AI-driven healthcare solutions, and smart city applications.

• Website: Yitu Technology

6. SenseTime (Singapore Operations)

• Headquarters: Singapore (Global HQ in Hong Kong and Beijing, China)

• Estimated Revenue (2023): USD 1.5-2 billion (Global)

• Employees: 5,000+ (Global)

• Main Business: SenseTime is a leading AI company specializing in computer vision and deep learning. In Singapore, SenseTime provides AI solutions for smart cities, surveillance, and autonomous vehicles, contributing to the city-state’s digital transformation initiatives.

• Key AI Products/Services: AI-driven computer vision, smart city solutions, and autonomous driving technology.

• Website: SenseTime

7. Taiger

• Headquarters: Singapore

• Estimated Revenue (2023): USD 20-30 million

• Employees: 150+ (Global)

• Main Business: Taiger is an AI company specializing in natural language processing (NLP) and knowledge processing. The company provides AI-driven solutions that automate complex business processes, including contract management, customer service, and data extraction.

• Key AI Products/Services: AI-powered natural language processing, AI-driven knowledge extraction, and automated business processes.

• Website: Taiger

8. Venture Corporation

• Headquarters: Singapore

• Estimated Revenue (2023): USD 2-3 billion

• Employees: 12,000+ (Global)

• Main Business: Venture Corporation is a global electronics services provider that integrates AI into its manufacturing processes, focusing on AI-driven automation, predictive maintenance, and smart manufacturing. The company serves industries like healthcare, electronics, and engineering.

• Key AI Products/Services: AI-driven automation, predictive maintenance, and smart manufacturing solutions.

• Website: Venture Corporation

9. ADVANCE.AI

• Headquarters: Singapore

• Estimated Revenue (2023): USD 50-70 million

• Employees: 1,000+ (Global)

• Main Business: ADVANCE.AI is a leading provider of AI-driven solutions for financial services, including credit scoring, identity verification, and fraud detection. The company’s AI technologies are used across Southeast Asia, helping financial institutions improve decision-making and risk management.

• Key AI Products/Services: AI-powered credit scoring, AI-driven identity verification, and fraud detection systems.

• Website: ADVANCE.AI

10. Razer (AI Division)

• Headquarters: Singapore (Global HQ also in San Francisco, USA)

• Estimated Revenue (2023): USD 1.5-2 billion

• Employees: 1,500+ (Global)

• Main Business: Razer is a global leader in gaming hardware and software, integrating AI into its products for enhanced user experiences. The company’s AI-driven technologies include smart devices, personalized gaming experiences, and AI-powered customer service tools.

• Key AI Products/Services: AI-driven gaming devices, personalized gaming software, and AI-powered customer support.

• Website: Razer

These companies represent the forefront of AI innovation in Singapore, contributing to the country's position as a leading hub for technology and digital transformation in Southeast Asia. Their work spans various industries, including finance, retail, gaming, and smart cities, driving AI adoption and development across the region.