For over a decade, Singapore has consistently ranked highly on the Global Innovation Index, an annual ranking of 130 economies. In 2024 it achieved its highest position yet – 4th globally. 

This strong performance is largely due to steady, long-term investment in research & development (R&D) as a key pillar of Singapore’s economic development strategy.

Supporting Singapore’s Research, Innovation and Enterprise (RIE) ecosystem is the Singapore Advanced Research and Education Network (SingAREN), established in 1997. SingAREN is the sole provider of dedicated local and international network services for the local Research and Education community.

SingAREN’s network supports the SingAREN Open Exchange (SOE) for high-speed research and education connectivity, eduroam, an international Wi-Fi internet access roaming service for the international research and education community, and FileSender SG as a platform for large file transfers, among other services running on its network.

RIE is vital to Singapore’s progress, fostering economic growth and competitiveness. It also drives scientific advancements that can potentially address societal challenges and enhance our well-being.

SingAREN has supported robotic telesurgery trials across international boundaries, which require precise, instantaneous control, and a low-latency network for real-time collaboration.

SingAREN also enables high-speed, resilient connectivity to the National Supercomputing Center (NSCC), which manages Singapore’s national high-performance computing (HPC) resources, supporting research and innovation across various fields. In particular, the NSCC’s expertise and specialized infrastructure are often leveraged to manage and analyze genomic data. Transferring genomic data is typically difficult due to its massive data size.

SingAREN provided a high-speed link to the Cancer Science Institute of Singapore for a research project, transmitting more than 2 petabytes of cancer genomics data downloaded from repositories in the United States into NSCC. The research involved harmonizing petabytes of whole genome sequencing data, and downloads were expected to be extremely fast, stable, and efficient, after which, the downloaded data would be analyzed and reprocessed with high computing power.

This is but one of the examples of collaboration with NSCC to transfer, download, analyze and process genomic data.

Academic research is experiencing explosive growth and requires more data than ever before, fuelled by AI and Machine Learning (ML), and cloud computing. The increasing use of generative and agentic AI will also impact SingAREN and its research partners significantly, leading to increased data volume. This type of advanced research activity will not be possible without a robust, scalable, low-latency network.

In the coming months, SingAREN will enhance its network to further support its research institution partners. These plans include the SingAREN Lightwave Internet Exchange (SLIX) 2.5 project, to provide high-speed, secure connectivity by 2027, and the SLIX 3.0 vision to build a future-ready network that incorporates quantum-safe networking, AI research, and haptic surgery. SingAREN also aims to expand cybersecurity threat intelligence sharing and continue infrastructure upgrades, such as implementing 400G switches and enhancing Points of Presence (PoP) resilience.

SingAREN uses Ciena’s 6500 powered by Ciena’s WaveLogic programmable coherent optic technology. Deployed by Ciena partner, Terrabit Networks, Ciena’s 6500 supports SingAREN to respond to changing requirements on-demand, allowing the REN to continually maximize network efficiencies and offer customizable service delivery over any distance.

SoundHound AI (SOUN -4.73%) stock saw a pullback in Thursday’s trading. The company’s share price fell 4.7% in the session and had been down as much as 8.1% earlier in trading.

While there doesn’t appear to have been any major business-specific news behind the pullback, investors may have moved to take profits after a pop for the company’s share price earlier in the week. Despite today’s pullback, the stock is still up roughly 9% over the last week of trading. Even more striking, the company’s share price is up roughly 39% over the last three months.

Is SoundHound AI stock a good buy right now?

SoundHound AI has been highly volatile over the last year of trading. While the company’s share price is still up roughly 197% across the stretch, it’s also still down approximatley 49% from its peak in the period.

Even as the company’s sales base has ramped up rapidly, sales growth has continued to accelerate. Revenue increased 151% year over year in the first quarter of the company’s current fiscal year, which ended March 31. The company still only posted $29.1 million in sales in the period, but sales growth in the quarter marked a dramatic improvement over the 73% annual growth it posted in the prior-year period.

SoundHound is an early mover in the voice-based agentic artificial intelligence (AI) space, and it has huge expansion potential over the long term — but its valuation profile still comes with a risk. The company now has a market capitalization of roughly $4.9 billion and is valued at approximately 31 times this year’s expected sales.

For investors with a very high risk tolerance, SoundHound AI could still be a worthwhile investment. The company has been posting very impressive sales momentum, but its valuation already prices in a lot of strong growth in the future. If you’re looking to build a position in SoundHound AI stock, using a dollar-cost-averaging strategy for your purchases may be better than buying in all at once at today’s prices.