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Nurturing AI Talent: Singapore’s Investment in the Future

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In a landmark move to solidify Singapore’s position as a global leader in Artificial Intelligence (AI) innovation, the Ministry of Communications and Information (MCI) has announced an ambitious suite of initiatives designed to drive economic growth through AI-driven advancements.

Revealed during the Committee of Supply (COS) Debates 2024, these initiatives mark a strategic commitment towards harnessing the transformative potential of AI to propel Singapore into its next phase of development and prosperity.

Nurturing AI Research Talent: Acknowledging the critical role of skilled AI professionals in driving innovation and competitiveness, the government has unveiled plans to invest over $20 million over the next three years to significantly augment the pool of AI talent in the country.

This investment will be channelled into expanding SG Digital Scholarships and overseas internships in AI roles, aimed at nurturing a diverse and dynamic ecosystem of AI practitioners within Singapore.

To enhance research, Singapore will launch an AI Visiting Professorship programme, inviting top global AI researchers to collaborate with local institutions. With an initial target of five professorships, this initiative will boost Singapore’s standing in AI innovation.

Investment in High-Performance Compute Resources: Central to the advancement of AI is the availability of robust computational infrastructure. In alignment with this imperative, the government has committed to investing up to $500 million to secure high-performance compute resources dedicated to AI innovation and capability building.

This strategic investment aims to address the growing demand for compute resources driven by the proliferation of AI applications across various sectors, including healthcare, finance, transportation, and beyond. By providing a solid foundation for AI research and development, this initiative is poised to catalyse innovation, drive economic growth, and position Singapore as a global AI powerhouse.

Generative AI x Digital Leaders Initiative: Enterprises stand to reap significant benefits from the adoption of AI technologies. However, navigating the complexities of AI implementation can present formidable challenges, particularly for digitally mature organisations. In response, the government has launched the Generative AI x Digital Leaders initiative, aimed at providing businesses with access to GenAI expertise and resources.

Through collaboration with tech partners, this initiative seeks to empower enterprises to harness the full potential of AI, driving operational efficiency, innovation, and competitive advantage across diverse industries.

Advisory Guidelines on Personal Data Use in AI Systems: The responsible and ethical use of personal data is paramount in AI deployment. To address this imperative, the government has published Advisory Guidelines on the use of personal data in AI recommendation and decision systems. These guidelines provide clarity and guidance to businesses on the ethical and legal considerations surrounding the use of personal data in AI applications. By fostering transparency, accountability, and consumer trust, these guidelines aim to promote responsible AI innovation while safeguarding individual privacy rights.

In response to the evolving technological landscape, Singapore is prioritising the development of its workforce to maintain its edge in innovation. Spearheading this effort is the Infocomm Media Development Authority (IMDA), which is implementing a wide-ranging initiative to enhance the nation’s tech talent pool, focusing notably on Artificial Intelligence.

Similarly, Senior Minister Tan Kiat How discussed Singapore’s digitalisation progress and plans for AI advancement at the Committee of Supply Debate. He stressed empowering enterprises and workers to utilise AI and digital solutions for increased productivity and competitiveness in the economy.

Aligned with NAIS 2.0, led by Deputy Prime Minister Lawrence Wong, these initiatives show Singapore’s commitment to leveraging AI for economic growth and societal advancement. With a multifaceted strategy covering talent development, infrastructure, industry collaboration, and regulations, Singapore aims to lead in AI excellence, fostering prosperity and resilience in the digital age.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.