Singapore Tourism Board and Milken Institute Sign Memorandum of Understanding to Anchor the Milken Institute Asia Summit in Singapore from 2026 to 2028

SINGAPORE, May 29, 2025 /PRNewswire/ -- The Singapore Tourism Board (STB) and Milken Institute announced today the signing of a Memorandum of Understanding (MoU) to anchor the Institute's key event – Milken Institute Asia Summit in Singapore for the next three years (2026 - 2028). This MoU further deepens collaborations and strengthens synergies between the two organisations in presenting a world-class platform where thought leaders and global investors can discuss and debate pertinent issues affecting the region.

Since its launch in 2014, the Milken Institute Asia Summit has established itself as an exclusive, world-class event that gathers business leaders, senior government officials, high-level finance executives, institutional investors, and philanthropists from around the world to address critical challenges and propose actionable solutions. The annual Milken Institute Asia Summit is organised by Milken Institute's International team, spearheaded by its Asia headquarters in Singapore.

This year's Milken Institute Asia Summit will take place from October 1-3, continuing its tradition of scheduling it during Singapore's Formula One race week, and reinforcing the city-state's position as a premier destination where high-impact business discussions and world-class sporting entertainment converge. This strategic alignment reflects the strong appeal of Singapore's business events ecosystem, bringing together global leaders and decision-makers for meaningful exchange through conference sessions, private roundtables, and networking events.

Ms Melissa Ow, Chief Executive, Singapore Tourism Board said, "As a strategic Global-Asia node for business and innovation, Singapore serves as an important gateway for organisations worldwide to access the dynamic and rapidly evolving Asia-Pacific region. We value our strong partnership with Milken Institute, and their decision to anchor their prestigious Milken Institute Asia Summit in Singapore for the next three years further cements Singapore's position as a premier destination for meaningful dialogue and collaboration. This commitment also reaffirms our position as the World's Best MICE City. We look forward to welcoming influential thought leaders and changemakers to Singapore, where they will shape the future of global business and innovation."

STB and the Milken Institute's Asia headquarters have maintained a long-standing relationship through robust and mutually beneficial engagements since the first Milken Institute Asia Summit was held in Singapore in 2014. A testament to this success was the Institute's innovative response during the COVID-19 pandemic, when it successfully pivoted the 7th Milken Institute Asia Summit in 2020 to a hybrid format, bringing together 200 in-person attendees and 1,100 global leaders and senior executives virtually. This achievement was recognised with the 'Outstanding Event Organiser' award at the 2021 Singapore Tourism Awards.

The partnership was further strengthened at the 2023 Milken Institute Global Conference in Los Angeles, where STB hosted the Sponsors and Speakers Welcome Reception, showcasing Singapore's renowned hospitality to influential audiences from around the world. Most recently, STB and the Milken Institute collaborated on the 11^th Milken Institute Asia Summit in 2024, which featured the participation of Singapore's Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong and Singapore's Minister for Health Ong Ye Kung.

Mr Richard Ditizio, Chief Executive Officer, Milken Institute, said "When we decided to set up our Asia headquarters in Singapore in 2014, the Singapore Tourism Board was incredibly generous and gracious in the support they provide for us to establish our regional home base. Since then, they have been a close ally and trusted partner, contributing substantial support for our various engagements in Asia and the United States. I am proud to redouble our commitment to Singapore by anchoring our signature Asia Summit to Singapore for the next three years, and I look forward to continuing our partnership with STB for years to come."

About Singapore Tourism Board

The Singapore Tourism Board (STB) is the lead development agency for tourism, one of Singapore's key economic sectors. Together with industry partners and the community, we shape a dynamic Singapore tourism landscape. We bring the Passion Made Possible brand to life by differentiating Singapore as a vibrant destination that inspires people to share and deepen their passions.

More: www.stb.gov.sg or www.visitsingapore.com  |  Follow us: STB LinkedIn, STB Facebook or STB Instagram

About Milken Institute

The Milken Institute is a nonprofit, nonpartisan think tank focused on accelerating measurable progress on the path to a meaningful life. With a focus on financial, physical, mental, and environmental health, we bring together the best ideas and innovative resourcing to develop blueprints for tackling some of our most critical global issues through the lens of what's pressing now and what's coming next.

For more information, visit www.milkeninstitute.org. Follow us: Milken Institute LinkedIn, Milken Institute International LinkedIn, Milken Institute Facebookor Milken Institute Instagram

SINGAPORE, May 29, 2025 /PRNewswire/ -- The Singapore Tourism Board (STB) and Milken Institute announced today the signing of a Memorandum of Understanding (MoU) to anchor the Institute's key event – Milken Institute Asia Summit in Singapore for the next three years (2026 - 2028). This MoU further deepens collaborations and strengthens synergies between the two organisations in presenting a world-class platform where thought leaders and global investors can discuss and debate pertinent issues affecting the region.

Since its launch in 2014, the Milken Institute Asia Summit has established itself as an exclusive, world-class event that gathers business leaders, senior government officials, high-level finance executives, institutional investors, and philanthropists from around the world to address critical challenges and propose actionable solutions. The annual Milken Institute Asia Summit is organised by Milken Institute's International team, spearheaded by its Asia headquarters in Singapore.

This year's Milken Institute Asia Summit will take place from October 1-3, continuing its tradition of scheduling it during Singapore's Formula One race week, and reinforcing the city-state's position as a premier destination where high-impact business discussions and world-class sporting entertainment converge. This strategic alignment reflects the strong appeal of Singapore's business events ecosystem, bringing together global leaders and decision-makers for meaningful exchange through conference sessions, private roundtables, and networking events.

Ms Melissa Ow, Chief Executive, Singapore Tourism Board said, "As a strategic Global-Asia node for business and innovation, Singapore serves as an important gateway for organisations worldwide to access the dynamic and rapidly evolving Asia-Pacific region. We value our strong partnership with Milken Institute, and their decision to anchor their prestigious Milken Institute Asia Summit in Singapore for the next three years further cements Singapore's position as a premier destination for meaningful dialogue and collaboration. This commitment also reaffirms our position as the World's Best MICE City. We look forward to welcoming influential thought leaders and changemakers to Singapore, where they will shape the future of global business and innovation."

STB and the Milken Institute's Asia headquarters have maintained a long-standing relationship through robust and mutually beneficial engagements since the first Milken Institute Asia Summit was held in Singapore in 2014. A testament to this success was the Institute's innovative response during the COVID-19 pandemic, when it successfully pivoted the 7th Milken Institute Asia Summit in 2020 to a hybrid format, bringing together 200 in-person attendees and 1,100 global leaders and senior executives virtually. This achievement was recognised with the 'Outstanding Event Organiser' award at the 2021 Singapore Tourism Awards.

The partnership was further strengthened at the 2023 Milken Institute Global Conference in Los Angeles, where STB hosted the Sponsors and Speakers Welcome Reception, showcasing Singapore's renowned hospitality to influential audiences from around the world. Most recently, STB and the Milken Institute collaborated on the 11^th Milken Institute Asia Summit in 2024, which featured the participation of Singapore's Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong and Singapore's Minister for Health Ong Ye Kung.

Mr Richard Ditizio, Chief Executive Officer, Milken Institute, said "When we decided to set up our Asia headquarters in Singapore in 2014, the Singapore Tourism Board was incredibly generous and gracious in the support they provide for us to establish our regional home base. Since then, they have been a close ally and trusted partner, contributing substantial support for our various engagements in Asia and the United States. I am proud to redouble our commitment to Singapore by anchoring our signature Asia Summit to Singapore for the next three years, and I look forward to continuing our partnership with STB for years to come."

About Singapore Tourism Board

The Singapore Tourism Board (STB) is the lead development agency for tourism, one of Singapore's key economic sectors. Together with industry partners and the community, we shape a dynamic Singapore tourism landscape. We bring the Passion Made Possible brand to life by differentiating Singapore as a vibrant destination that inspires people to share and deepen their passions.

More: www.stb.gov.sg or www.visitsingapore.com  |  Follow us: STB LinkedIn, STB Facebook or STB Instagram

About Milken Institute

The Milken Institute is a nonprofit, nonpartisan think tank focused on accelerating measurable progress on the path to a meaningful life. With a focus on financial, physical, mental, and environmental health, we bring together the best ideas and innovative resourcing to develop blueprints for tackling some of our most critical global issues through the lens of what's pressing now and what's coming next.

For more information, visit www.milkeninstitute.org. Follow us: Milken Institute LinkedIn, Milken Institute International LinkedIn, Milken Institute Facebookor Milken Institute Instagram

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Singapore Tourism Board and Milken Institute Sign Memorandum of Understanding to Anchor the Milken Institute Asia Summit in Singapore from 2026 to 2028

Singapore Tourism Board and Milken Institute Sign Memorandum of Understanding to Anchor the Milken Institute Asia Summit in Singapore from 2026 to 2028

Singapore Tourism Board and Milken Institute Sign Memorandum of Understanding to Anchor the Milken Institute Asia Summit in Singapore from 2026 to 2028

Singapore Tourism Board and Milken Institute Sign Memorandum of Understanding to Anchor the Milken Institute Asia Summit in Singapore from 2026 to 2028

• Innovative technologies enable retailers to implement intelligent stores at scale to deliver smarter, more responsive shopping experiences
• Industry partners to display production-ready AI solutions for loss prevention, digital twins, AI agents, customer analytics, and more

SAN JOSE, Calif. and NEW YORK, Jan. 11, 2026 /PRNewswire/ -- Retail's Big Show -- Super Micro Computer, Inc. (SMCI), a Total IT Solution Provider for AI/ML, HPC, Cloud, Storage, and 5G/Edge, today announced collaboration with technology partners for AI-powered intelligent in-store retail solutions designed to meet increasing customer expectations with scalability, improved productivity and increased profitability.

"AI is reshaping shopping experiences, enabling real-time analysis of video and other data to give retailers actionable insights to optimizing staff efficiency, reducing shrinkage, increasing profits, and avoiding stock-outs," said Charles Liang, president and CEO of Supermicro. "By combining Supermicro's complete and scalable AI platforms with NVIDIA RTX PRO accelerated computing solutions, we're enabling retailers to build intelligent stores that maximize the benefits of AI-driven applications."

According to the latest NVIDIA State of AI in Retail & CPG report, 89% of respondents reported that AI is helping to increase annual revenue, while 95% said it is helping decrease annual costs, highlighting the measurable business impact retailers are already achieving because of AI¹.

For more information, please visit https://www.supermicro.com/en/products/edge/servers

Supermicro Complete and Scalable Edge AI Infrastructure

Retail-centric AI applications require sub-second responsiveness which is only possible, at scale, if data is processed directly at the edge. Supermicro's Edge AI infrastructure enables the deployment of solutions in distributed environments, such as intelligent retail stores and supply chains, to provide a complete solution.

Deploying at the edge presents a myriad of unique challenges in comparison to the data center. Supermicro's broad Edge AI portfolio of products helps customers and partners overcome these challenges while striking the right balance between performance and ROI.

For deployments in harsh environments where conditioned space is not available, the fanless E103 series of products bring AI processing power where it couldn't go before. Supermicro also offers a fanned small form factor E300 series systems with AI capabilities.

When there is a demanding AI workload at the edge, customers and partners can turn to numerous systems capable of holding the latest discrete GPUs for AI acceleration. Ranging from 1U short-depth to larger 4U form factors, solutions can be right-sized to meet the customer's needs by enabling the latest generation of NVIDIA RTX PRO Blackwell series.

Supermicro Intelligent Store Partners

Supermicro is collaborating with ecosystem partners including Everseen, Kinetic Vision, ALLSIDES, LiveX, WobotAI, and Aible, to create intelligent stores that positively impact day-to-day retail operations as well as longer term supply chain management.

• Everseen's Evercheck solution uses Vision AI to help reduce shrink and improve staff productivity and customer experiences. Built on the Everseen Vision AI platform, Evercheck detects, and deters recovery of unwanted behaviors at checkout, helping retailers recover losses and streamline front-of-store operations.

"Everseen has spent years working alongside some of the world's largest retailers, understanding the realities of the store floor and solving loss challenges where they actually happen," said Joe White, CEO of Everseen. "By partnering with Supermicro and leveraging NVIDIA-accelerated computing, Evercheck delivers real-time computer vision at the edge - transforming store activity into intelligence retailers can act on immediately."

• Wobot AI, focused on building Video AI Agents for the physical world, will be demonstrating how the cameras retailers already own can be turned into systems that continuously observe, learn, and produce usable insight. By converting ordinary CCTV infrastructure into autonomous agents that recognize patterns, identify friction, and surface decisions, Wobot's AI Agents enable retailers to improve day-to-day operations with practical and measurable outcomes.

"By working with Supermicro and NVIDIA at the edge, we're able to deploy Video AI Agents in a way that's scalable, reliable, and focused on real-time operational insight—not experimentation," said Will Kelso, President, Revenue & Growth at Wobot AI.

• LiveX AI - "Retail is entering an era where AI agents become the default interaction layer between brands and customers," said Jerry Li, Co-Founder and CEO of LiveX AI. "With NVIDIA's accelerated AI and Supermicro's edge infrastructure, we can deploy a helpful, human-like AI agent directly in physical spaces—such as kiosks or holograms—bringing the speed, intelligence, and continuity of digital experiences into brick-and-mortar environments. This collaboration makes AI agents usable, in real time, where customers actually are."

• • Kinetic Vision and ALLSIDES are bundling their expertise for a True Digital Twin solution designed to develop, test, and optimize supply chain processes, checkout stations, and other complex systems.

"The combination of Supermicro's high reliability optimized infrastructure and NVIDIA's accelerated computing stack gives Kinetic Vision the foundation to innovate at speed. Together, we are helping retailers move from experimentation to production-ready AI solutions that drive measurable operational and customer experience gains," says Jeremy Jarratt, Kinetic Vision CEO.

Franz Tschimben, CEO at ALLSIDES, adds: "Building on the combined strengths of NVIDIA and Supermicro, we deliver a high-fidelity 3D digital twin data layer for AI training that enables retailers to power applications across the entire retail value chain — from training robots with physical AI, to production and production planning, virtual store layouts and consumer feedback systems, and e-commerce integrations — helping drive higher conversion rates, faster decision-making, and greater operational efficiency."

• Supermicro will also feature Superb AI's retail-focused VSS solution, combining Superb AI's proprietary VLM with NVIDIA AI Blueprint components to enable subjective reasoning capabilities, natural-language search, automated incident summarization, and customer behavior insights across store camera networks.
• Aible will highlight its automated agent solution, which analyzes vast amounts of data across millions of patterns to explain changes in retail KPIs, such as the average purchase amount or number of purchases. Aible will also demonstrate how the latest NVIDIA Retail blueprints can be incorporated into agentic solutions that automatically customize customer experiences and optimize retail operations at scale.

Arijit Sengupta, CEO of Aible, adds, "Today's market and labor conditions are constantly changing. Only autonomous agents can understand and adjust to these ever-changing patterns of customer behavior, inventory costs and supply, and labor access at scale. Working with NVIDIA and Supermicro, Aible brings autonomous agents subject to business user review to the retail edge."

These intelligent retail solutions will be demonstrated by Supermicro and its partners at NRF: Retail's Big Show in New York City from January 11-13. To learn more about AI-powered retail applications or Supermicro's AI Infrastructure solutions, visit Supermicro booth #5281 and attend its speaking session featuring PepsiCo and Kinetic Vision. For more details, please visit www.supermicro.com/NRF

¹Source: "NVIDIA State of AI in Retail and CPG" 2026

About Super Micro Computer, Inc.

Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions provider with server, AI, storage, IoT, switch systems, software, and support services. Supermicro's motherboard, power, and chassis design expertise further enables our development and production, enabling next generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Asia, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling).

Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names, and trademarks are the property of their respective owners.

 

• Innovative technologies enable retailers to implement intelligent stores at scale to deliver smarter, more responsive shopping experiences
• Industry partners to display production-ready AI solutions for loss prevention, digital twins, AI agents, customer analytics, and more

SAN JOSE, Calif. and NEW YORK, Jan. 11, 2026 /PRNewswire/ -- Retail's Big Show -- Super Micro Computer, Inc. (SMCI), a Total IT Solution Provider for AI/ML, HPC, Cloud, Storage, and 5G/Edge, today announced collaboration with technology partners for AI-powered intelligent in-store retail solutions designed to meet increasing customer expectations with scalability, improved productivity and increased profitability.

"AI is reshaping shopping experiences, enabling real-time analysis of video and other data to give retailers actionable insights to optimizing staff efficiency, reducing shrinkage, increasing profits, and avoiding stock-outs," said Charles Liang, president and CEO of Supermicro. "By combining Supermicro's complete and scalable AI platforms with NVIDIA RTX PRO accelerated computing solutions, we're enabling retailers to build intelligent stores that maximize the benefits of AI-driven applications."

According to the latest NVIDIA State of AI in Retail & CPG report, 89% of respondents reported that AI is helping to increase annual revenue, while 95% said it is helping decrease annual costs, highlighting the measurable business impact retailers are already achieving because of AI¹.

For more information, please visit https://www.supermicro.com/en/products/edge/servers

Supermicro Complete and Scalable Edge AI Infrastructure

Retail-centric AI applications require sub-second responsiveness which is only possible, at scale, if data is processed directly at the edge. Supermicro's Edge AI infrastructure enables the deployment of solutions in distributed environments, such as intelligent retail stores and supply chains, to provide a complete solution.

Deploying at the edge presents a myriad of unique challenges in comparison to the data center. Supermicro's broad Edge AI portfolio of products helps customers and partners overcome these challenges while striking the right balance between performance and ROI.

For deployments in harsh environments where conditioned space is not available, the fanless E103 series of products bring AI processing power where it couldn't go before. Supermicro also offers a fanned small form factor E300 series systems with AI capabilities.

When there is a demanding AI workload at the edge, customers and partners can turn to numerous systems capable of holding the latest discrete GPUs for AI acceleration. Ranging from 1U short-depth to larger 4U form factors, solutions can be right-sized to meet the customer's needs by enabling the latest generation of NVIDIA RTX PRO Blackwell series.

Supermicro Intelligent Store Partners

Supermicro is collaborating with ecosystem partners including Everseen, Kinetic Vision, ALLSIDES, LiveX, WobotAI, and Aible, to create intelligent stores that positively impact day-to-day retail operations as well as longer term supply chain management.

• Everseen's Evercheck solution uses Vision AI to help reduce shrink and improve staff productivity and customer experiences. Built on the Everseen Vision AI platform, Evercheck detects, and deters recovery of unwanted behaviors at checkout, helping retailers recover losses and streamline front-of-store operations.

"Everseen has spent years working alongside some of the world's largest retailers, understanding the realities of the store floor and solving loss challenges where they actually happen," said Joe White, CEO of Everseen. "By partnering with Supermicro and leveraging NVIDIA-accelerated computing, Evercheck delivers real-time computer vision at the edge - transforming store activity into intelligence retailers can act on immediately."

• Wobot AI, focused on building Video AI Agents for the physical world, will be demonstrating how the cameras retailers already own can be turned into systems that continuously observe, learn, and produce usable insight. By converting ordinary CCTV infrastructure into autonomous agents that recognize patterns, identify friction, and surface decisions, Wobot's AI Agents enable retailers to improve day-to-day operations with practical and measurable outcomes.

"By working with Supermicro and NVIDIA at the edge, we're able to deploy Video AI Agents in a way that's scalable, reliable, and focused on real-time operational insight—not experimentation," said Will Kelso, President, Revenue & Growth at Wobot AI.

• LiveX AI - "Retail is entering an era where AI agents become the default interaction layer between brands and customers," said Jerry Li, Co-Founder and CEO of LiveX AI. "With NVIDIA's accelerated AI and Supermicro's edge infrastructure, we can deploy a helpful, human-like AI agent directly in physical spaces—such as kiosks or holograms—bringing the speed, intelligence, and continuity of digital experiences into brick-and-mortar environments. This collaboration makes AI agents usable, in real time, where customers actually are."

• • Kinetic Vision and ALLSIDES are bundling their expertise for a True Digital Twin solution designed to develop, test, and optimize supply chain processes, checkout stations, and other complex systems.

"The combination of Supermicro's high reliability optimized infrastructure and NVIDIA's accelerated computing stack gives Kinetic Vision the foundation to innovate at speed. Together, we are helping retailers move from experimentation to production-ready AI solutions that drive measurable operational and customer experience gains," says Jeremy Jarratt, Kinetic Vision CEO.

Franz Tschimben, CEO at ALLSIDES, adds: "Building on the combined strengths of NVIDIA and Supermicro, we deliver a high-fidelity 3D digital twin data layer for AI training that enables retailers to power applications across the entire retail value chain — from training robots with physical AI, to production and production planning, virtual store layouts and consumer feedback systems, and e-commerce integrations — helping drive higher conversion rates, faster decision-making, and greater operational efficiency."

• Supermicro will also feature Superb AI's retail-focused VSS solution, combining Superb AI's proprietary VLM with NVIDIA AI Blueprint components to enable subjective reasoning capabilities, natural-language search, automated incident summarization, and customer behavior insights across store camera networks.
• Aible will highlight its automated agent solution, which analyzes vast amounts of data across millions of patterns to explain changes in retail KPIs, such as the average purchase amount or number of purchases. Aible will also demonstrate how the latest NVIDIA Retail blueprints can be incorporated into agentic solutions that automatically customize customer experiences and optimize retail operations at scale.

Arijit Sengupta, CEO of Aible, adds, "Today's market and labor conditions are constantly changing. Only autonomous agents can understand and adjust to these ever-changing patterns of customer behavior, inventory costs and supply, and labor access at scale. Working with NVIDIA and Supermicro, Aible brings autonomous agents subject to business user review to the retail edge."

These intelligent retail solutions will be demonstrated by Supermicro and its partners at NRF: Retail's Big Show in New York City from January 11-13. To learn more about AI-powered retail applications or Supermicro's AI Infrastructure solutions, visit Supermicro booth #5281 and attend its speaking session featuring PepsiCo and Kinetic Vision. For more details, please visit www.supermicro.com/NRF

¹Source: "NVIDIA State of AI in Retail and CPG" 2026

About Super Micro Computer, Inc.

Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions provider with server, AI, storage, IoT, switch systems, software, and support services. Supermicro's motherboard, power, and chassis design expertise further enables our development and production, enabling next generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Asia, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling).

Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names, and trademarks are the property of their respective owners.

 

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Supermicro Announces Intelligent In-Store Retail Solutions in Collaboration with a Broad Range of Industry Partners