Singapore’s Epic Quest to Harness AI – Bloomberg

From Google: 2024-10-11 21:00:00

Singapore is on a quest to harness AI for economic growth and improving citizens’ lives. With a plan to invest up to $30 million annually into AI research, the country aims to develop AI solutions for industries like healthcare, finance, and transport. Singapore’s AI strategy includes collaboration with industry and academia.

Singapore’s AI initiatives include the development of an AI ethics and governance framework. The country has partnered with industry players like IBM and Microsoft to establish guidelines for the responsible use of AI and data. Singapore aims to ensure that AI technologies are deployed ethically and in alignment with societal values.

With a focus on developing AI talent, Singapore is investing in training and upskilling programs for its workforce. By working with universities and companies, the country seeks to build a pipeline of AI talent and encourage the adoption of AI technologies across various sectors. Singapore sees AI as a key driver of future economic growth and innovation.



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