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Home Artificial Intelligence

Asia’s AI spending to hit US$78B as quantum Race accelerates

by FutureIoT Editors
April 8, 2026
Quantum and AI in the spotlight as GITEX AI ASIA opens in Singapore

Quantum and AI in the spotlight as GITEX AI ASIA opens in Singapore

As Asia moves into a defining phase of AI and quantum development, Singapore is emerging as the focal point for a fast‑expanding ecosystem linking global technology, research, and investment.

The region’s AI spending is projected to reach US$78 billion by 2026, according to IDC, with Singapore, Malaysia, and Indonesia now hosting some of the world’s largest data‑centre clusters—expected to account for 40% of global capacity by 2030.

At the centre of this transformation is GITEX AI ASIA 2026, taking place from 9–10 April at Marina Bay Sands, convening more than 550 enterprises and startups, 250 investors managing US$350 billion, and delegates from over 110 countries. The event forms part of the global GITEX network, the world’s largest series of technology and AI gatherings.

“GITEX AI ASIA is perfectly positioned to showcase the depth and maturity of this ecosystem to the world,” said Ken Lin, CEO and Co‑Founder of Aires Applied Quantum Technologies, which recently developed Southeast Asia’s first post‑quantum cryptography patents. “We have built proprietary deep tech in quantum that reaffirms Singapore’s burgeoning base of intellectual property.”

This year’s event comes as Singapore strengthens its position in the global computing value chain, producing around 15% of the world’s semiconductors and expanding its network of advanced AI and quantum research centres. The opening of a new quantum R&D facility in March 2026 underlines ambitions to advance industrial applications and sovereign IP across Asia’s deep‑tech sector.

Exhibitors span cloud, cybersecurity, semiconductors, and IoT innovation. Gorilla Technology focuses on integrating AI and smart‑city frameworks for urban resilience. “It’s crucial for nations to integrate their intelligent infrastructures, security frameworks and smart city platforms to sustain digital growth at scale,” said Jay Chandan, CEO & Chairman of the company. 

Ericsson is also highlighting AI, 5G, and mission‑critical connectivity. Yasin Khan, its CTO for Southeast Asia, Oceania, and India, said: “What distinguishes GITEX AI ASIA is its ability to bring together the entire innovation chain—from startups to policymakers—into a single environment where meaningful partnerships can strengthen connectivity in the demanding AI age.”

Complementing the main exhibition, North Star Asia presents 300 startups from over 50 countries, including Literal Labs (UK), Timekettle (China), Lifescapes (Japan), and Ashirase, a Honda‑backed venture pioneering smart navigational footwear for the visually impaired.

Related:  Cloud vendors jostling for share of IoT analytics
Tags: AI investment trendsGITEX ASIA ASIAquantum computingSingapore AI and quantum ecosystems

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Photo by Diva Plavalaguna: https://www.pexels.com/photo/close-up-photo-of-people-holding-puzzle-pieces-6147381/

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Photo by cottonbro studio: https://www.pexels.com/photo/men-wearing-gray-suit-jacket-9077354/

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