Maybank Investment Bank said Monday that it sees Singtel as a long-term beneficiary of Physical AI in ASEAN, while its data centers, GPU-as-a-Service (GPUaaS) offering and connectivity assets position it well to capture near-term growth from digital artificial intelligence (AI). The research house said it recently spoke with members of Singtel’s Enterprise Products team, which sees Physical AI becoming an important enterprise growth driver within five years. Singtel views connectivity as a cornerstone of Physical AI, with the enterprise opportunity extending beyond bandwidth to include orchestration, cybersecurity and managed services, as seen in deployments such as NUHS’ robot nurse companions, Hyundai’s HMGICS smart manufacturing and ongoing AV trials. Its CUBΣ platform aims to simplify multivendor environments. Management views Physical AI as a niche adjacency over the next one to two years but expects it to evolve into a meaningful enterprise growth engine over the medium term, with key enablers including mission-critical applications like autonomous vehicles, healthcare and smart manufacturing. Operators expect Physical AI to become the next inflection point, investing ahead of demand through 5G Advanced, AI-native network capabilities, edge inference and future spectrum acquisitions.