Anthropic · OpenAI · China · Singapore · Google · Fortune Technology
Plaud hired its first Singapore-based employee in 2024
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On June 10, the company said it would spend 10 million Singapore dollars ($7.8 million) to expand its local operations.
Key facts
- On June 10, the company said it would spend 10 million Singapore dollars ($7.8 million) to expand its local operations
- Last month, the firm committed 300 million Singapore dollars ($234 million) to growing the country’s AI ecosystem
- In December, it sold itself to Meta for $2 billion
- We have the chance to stand out here,” said Nathan Xu, the CEO of San Francisco-based AI notetaker company Plaud
Summary
Singapore has spent decades selling the world on the promise that it can be trusted by all sides. OpenAI and Google DeepMind both established applied AI labs in the city-state over the past year, while Anthropic began advertising local positions in finance, product support, and economic research. “All the AI companies I work with, whether they’re from China, Korea or Japan, all use Singapore as a hub,” Gunja Gargeshwari, the chief revenue officer of Israel-headquartered web scraping firm Bright Data, told Fortune on the sidelines of the SuperAI summit in Singapore. “We have the chance to stand out here,” said Nathan Xu, the CEO of San Francisco-based AI notetaker company Plaud. Plaud hired its first Singapore-based employee in 2024.