Singapore to build capabilities in artificial intelligence
Minister says that the programme will invest in deep technology, such as next-generation artificial intelligence systems with human-like learning abilities
BY TAN WEIZHEN
A new national programme to build Singapore’s capabilities in artificial intelligence, particularly in finance, healthcare and city management solutions, was launched on Wednesday (May 3).
The National Research Foundation will pump S$150 million (US$107,712,207) over five years into this programme, called AI.SG, with a target to come up with 100 artificial intelligence projects to solve ‘real-world’ problems.
Announcing this at annual tech conference Innovfest, Singapore’s Minister for Communications and Information Yaacob Ibrahim said the programme will address major challenges affecting society, such as healthcare issues with an ageing population, or how to improve traffic management during peak hour.
It will invest in deep technology, such as next-generation artificial intelligence systems with human-like learning abilities.
This initiative will also drive companies to adopt artificial intelligence to increase productivity and create solutions.