Singapore Bets Big on AI in 2026 Budget
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Singapore's 2026 budget emphasizes artificial intelligence (AI) as a strategic advantage, particularly in finance. The government plans to launch national "AI Missions" focusing on advanced manufacturing, connectivity, finance, and healthcare. A new National AI Council will be established to guide these initiatives, which include reviewing regulations and creating sandboxes for AI innovations. The budget also aims to accelerate AI adoption through tax incentives and support for workers to adapt and acquire new skills, ensuring Singapore remains competitive in a rapidly changing environment.
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