Claims extracted
19
sentences that state something as happening or true
Uncertain
5%
1 of 19 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
66/100
The Straits Times's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Technology
Same framing elsewhere
1
articles that frame the event the way this one does
AI driving up innovation investment, says UN
AI generated
asserted
UN → drive → AI
Artificial intelligence is fuelling a rebound in investment in innovation, with corporate research and development spending reaching record highs, the United Nations said on Sept 29.
asserted
Nations → fuel → Sept
The UN’s World Intellectual Property Organisation said more money was going into venture capital (VC), even as the number of VC deals was shrinking and becoming increasingly concentrated on AI firms.
World Intellectual Property Organisation (WIPO), the UN patent and innovation agency, said AI was shortening the paths of discovery and fuelling much of the world’s economic growth.
“AI is not just a breakthrough technology; it’s going to change the way that we innovate and create,” WIPO chief Daren Tang told reporters.
asserted
Tang → say → reporters
“A new generation of deep-science start-ups is translating breakthroughs into products and transforming fields such as life sciences, space, robotics and clean energy.”
Tang said innovation investment had remained resilient in 2026 and was even “beginning to see growth again”.
asserted
investment → translate → growth
Global research and development is expected to reach US$3.4 trillion (S$4.35 trillion) in 2026, growing faster than gross domestic product growth, while corporate R&D reached a record US$1.5 trillion in 2025, up 5.8%, said WIPO.
asserted
WIPO → expect → 2025
And while the number of venture capital deals dropped for the fourth straight year, their value rose by 28% to US$510 billion in 2025.
asserted
value → drop → 2025
AI accounted for 53% of global VC deal value in 2025, and 77% in the first half of 2026.
asserted
AI → account → 2026
“AI might reverse this productivity slump that we have seen for the last 15 to 20 years in high-income economies,” said Sacha Wunsch-Vincent, co-editor of WIPO’s annual Global Innovation Index.
uncertain
Vincent → reverse → Index
If applied correctly, artificial intelligence would help every sector, he told reporters.
asserted
he → apply → reporters
“The open question here really is how can we broaden this innovation spurt beyond this one technology only, which is currently mostly LLM (large language models).
asserted
which → broaden → technology
We see a lot of the traditional big R&D spenders – pharma, cars, construction – cutting back on their R&D spend,” he noted.
asserted
he → see → spend
Tang said he hoped AI was “a rising tide that lifts all boats because... a healthy innovation ecosystem needs to be able to have strength in as many areas of technology as possible.”
asserted
ecosystem → say → technology
For the 16th consecutive year, Switzerland led the Global Innovation Index, which tracks innovation drivers in the world’s economies.
asserted
which → lead → economies
Sweden and the United States retained second and third place for the fourth year running, followed by South Korea and Singapore.
asserted
Sweden → retain → Korea
China has meanwhile shot up from 35th place in 2013 to 10th position, while India rose from 66th to 38th place during the same period, the report showed, also highlighting big jumps up by the likes of Vietnam, Turkey and the Philippines.
asserted
report → shoot → Vietnam
The top five innovation clusters remain unchanged in 2026, led by Shenzhen-Hong Kong-Guangzhou, followed by Tokyo-Yokohama, San Jose-San Francisco, Beijing and Seoul, the report showed.
asserted
report → remain → Yokohama
Further down, Osaka-Kobe-Kyoto and Paris overtook Los Angeles, which dropped two places to 12th.
asserted
which → overtake → 12th
Outside China, Miami rose six places to 61st, while Chennai climbed five places to 79th.
asserted
Chennai → rise → 79th
The biggest fallers were Pittsburgh and Oxford, which both dropped eight places to 84th and 85th, respectively.
asserted
which → drop → 84th