Singapore's artificial intelligence to get SGD150 mn boost

 03-May-17, Channel News Asia

The National Research Foundation (NRF) will be investing up to SGD150 mn (USD107 mn) into a new national programme aimed at boosting Singapore’s artificial intelligence (AI) capabilities over the next five years.

Image: Access AI

Called AI.SG, the initiative will see Singapore-based research institutes partner AI start-ups and companies developing AI products to grow knowledge in the space, create tools and develop talent. AI.SG will address major challenges that affect both society and industry, invest in capabilities to catch the next wave of scientific innovation, and grow AI innovation and adoption in companies.

"We have identified three focus areas of application for AI.SG: Finance, city management solutions and healthcare," said Minister for Communications and Information Yaacob Ibrahim.

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