
DBS Group held the "DBS Asia Foresight Summit" in Singapore, inviting Singapore Prime Minister Lawrence Wong, TikTok CEO Zhou Shouzi, Intel CEO Chen Liwu and other leaders to discuss how AI can change industries, business models and work patterns, redefine value creation and capital flows, and influence the future strategic choices of Asian business leaders.
AI-generated summary
DBS Group has been investing in AI for more than 10 years, starting with building data and machine learning capabilities, and now supporting the wider application of generative AI and agent AI throughout the bank. As AI moves from the experimental stage to large-scale popularization, industry discussions shift from what AI can do to how AI should be applied and what value it can create.
DBS Group holds the "DBS Asia Foresight Summit" in Singapore today. (Photo by reporter Wu Xintian)
[Reporter Wu Xintian/Taipei Report] DBS Group held the "DBS Asia Future Forward Conference" in Singapore today, inviting Singapore Prime Minister and Finance Minister Lawrence Wong, TikTok CEO Zhou Shouzi, and Intel CEO Chen Liwu to discuss how AI can change industries, business models and work patterns, redefine value creation and capital flows, and influence the future strategic choices of Asian business leaders.
DBS Group CEO Michelle Chan said that AI is changing industries, business models and work patterns at an unprecedented speed. Asia has the talent, capital and innovative thinking to play a leading role in the new era. However, whether the advantage can be transformed into long-term competitiveness depends on the choices made at this moment. If trust is the prerequisite for large-scale AI, clear intentions will determine AI's application, value realization, and ultimate beneficiary groups. Through the "DBS Asia Foresight Summit", we hope to bring together relevant key decision-makers to challenge existing perceptions, expand their horizons, and explore how Asia can move towards the future with a clearer direction and goals.
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As AI rapidly moves from the experimental stage to large-scale popularization, industry discussions have gradually shifted from what AI can do to how AI should be applied and what value it can create. One of the core concepts of the first "DBS Asia Foresight Summit" is "intentional AI", that is, deploying AI with clear and specific purposes to ensure that technology can create practical and measurable results.
The conference brings together important leaders who influence all aspects of the AI economy, covering the platforms, semiconductors and physical infrastructure that support the development of AI to practical applications on the enterprise side, as well as the capital power required to support the next stage of AI development. It also focuses on a number of key issues affecting the next stage of AI applications, including: Singapore Prime Minister and Finance Minister Lawrence Wong will have a one-on-one conversation with DBS Group CEO Chan Sook Shan; TikTok CEO Shou Chew will have a fireside chat with Xu Zhikun, head of consumer finance and wealth management business of DBS Group, to discuss how to unleash human potential in the AI era.
In addition, TNE.ai CEO Dong Jiajun, Adaption co-founder and CEO Sara Hooker, and DBS Group Chief Operating Officer Goh Soon Hee discussed what key factors will define AI leadership as technology evolves; Li Yifan, co-founder and CEO of Hesai Technology and co-founder of Sharpa, demonstrated the new possibilities opened up when AI is no longer limited to software, but materialized through robots and smart devices; OpenExO Chairman Salim Ismail It will discuss how AI can rewrite the business operating model; Intel CEO Chen Liwu and Broadcom Hock Tan will discuss with DBS Group CEO Chen Shushan where the next trillion-dollar AI value will be born.
DBS shared at the conference how it is applying AI on a large scale and helping to promote the development of AI in the wider economy. DBS has been investing in AI for more than 10 years, starting with establishing data and machine learning capabilities. Now, these foundations are further supporting the wider application of generative AI and agentic AI across the bank. #
AI outlook — possibilities, not facts
Asia will play a leading role in the AI era, provided that talent, capital and innovative ideas can be transformed into long-term competitiveness.
Possible · Within years
The next trillion-dollar AI value will be born from the combination of semiconductors and physical infrastructure.
Possible · Within years

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