“It is a startup but with an access to capital and assets that are untypical of a startup,” Leap Chief Executive Officer Ron Totton said. “We are ambitious to scale” through organic growth and mergers and acquisitions, he said.
SINGAPORE (Mar 11): ST Telemedia, a unit of Singapore state investment firm Temasek Holdings, has set up a startup to help Asian companies adopt artificial intelligence and cloud technologies, in line with the city-state’s ambitions to transform the economy through technology.
The startup, called Leap, has grown its team to 60 AI and cloud professionals since it was established 10 months ago. It has operations in Singapore, Malaysia and Indonesia, and aims to double its staff by the end of this year.
