The Singapore government will invest over S$1 billion ($778.8 million) in public artificial intelligence research through 2030 to strengthen the nation’s capabilities and global competitiveness, it said yesterday.
The Ministry of Digital Development and Information said the government will invest in specific priority areas of research, such as building responsible and resource-efficient AI, and in developing the nation’s talent from pre-university to faculty.
Some funds will also go towards building capabilities to support the adoption and application of AI by industries, it said in a Press release.
The initiative is the latest in a string of government investments in AI.
In 2024, Singapore set aside S$500m to secure high-performance computer resources to provide the infrastructure needed for AI innovation in the private and public sectors.
It also committed more than S$500m to AI research and development through AI Singapore, a national programme aiming at establishing deep AI capabilities.