Singapore Doubles Down on AI: LaunchPad Rezoning and DayOne's $6.4B US IPO Signal Real Infrastructure Buildout

JTC Corporation just greenlit a plan that doubles the permissible floor space at One-North's LaunchPad — Singapore's flagship startup hub — from a gross plot ratio of roughly 1.0 to 2.5, unlocking nearly 14 football fields' worth of new development capacity. A tender launched July 29 for the centerpiece: Kampong AI, a dedicated AI park block that will house up to 70 companies in 14,500 sq m of business park space with event and collaboration areas, targeted...