SINGAPORE BOOSTS AI AMBITIONS WITH $740M INVESTMENT PLAN
The Business Guardian|February 20, 2024
Over the next five years, Singapore plans to inject more than 1 billion Singapore dollars equivalent to approximately 743 million) to enhance AI capabilities
SINGAPORE BOOSTS AI AMBITIONS WITH $740M INVESTMENT PLAN

Singapore will pump more than 1 billion SinS gapore dollars (about $743 million) over the next five years to further boost AI capabilities, said Deputy Prime Minister Lawrence Wong in his Budget speech on Friday.

The SG$1 billion allocation towards AI which also includes secure implementation of the National AI Strategy 2.0 demonstrates the government's commitment towards fostering a trusted and responsible AI ecosystem," said Sujith Abraham, senior vice president and general manager of ASEAN at Salesforce.

SINGAPORE Singapore's plan to invest more than $743 million into artificial intelligence over the next five years could strengthen its position as a global business and innovation hub, tech executives said.

In his Budget speech on Friday, Deputy Prime Minister Lawrence Wong said Singapore will invest more than 1 billion Singapore dollars over the next five years to further boost the country's AI capabilities.

هذه القصة مأخوذة من طبعة February 20, 2024 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة February 20, 2024 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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