Singapore commits over $778 million to AI research over next six years
Singapore will invest over S$1 billion ($778 million) in AI research over the next six years, focusing on improving AI efficiency, training, and business applications. This funding follows a previous commitment of S$500 million for AI infrastructure and skills development. The initiative aligns with a regional trend, as countries like Australia, Japan, and India also ramp up AI investments and regulations. The global AI market is projected to grow significantly, with American firms alone expected to spend $131 billion in 2026.
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