The Forge the Future hackathon, organized by Elastic and powered by AWS in Singapore, showcased the transformative potential of Generative AI (GenAI) in various industries, highlighting advanced applications developed by 12 competing teams. The winning team, Buckle Up 4 AI, impressed judges with their Financial Insights Accelerator, a tool that transforms complex financial data into actionable insights using Elasticsearch and other advanced AI technologies. Other notable projects included an AI-powered health companion by Team Squareshift to enhance medical decision-making and Dr. HowsER by the Singtel Code Crew, which offers personalized health recommendations at home. The event underscored Singapore's commitment to becoming a leader in AI innovation, supported by significant government investments in AI and quantum computing. With advanced search capabilities like retrieval augmented generation (RAG), GenAI applications can offer more accurate, contextual responses, unlocking new possibilities for organizations leveraging proprietary data.