Singapore plans to invest over 6 billion to expand AI research to avoid falling behind in its domestic industries
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The Singapore government has announced that it will invest over SGD 1 billion (approximately HKD 6.05 billion) in public artificial intelligence (AI) research over the next five years to accelerate the development of the AI industry. This investment aims to solidify Singapore's position as a center for AI research, establish research centers, enhance AI capabilities, and cultivate talent. Countries around the world are competing to develop AI to avoid falling behind in the AI wave
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