Singapore’s S$1 billion AI research bet: new push to keep pace with U.S., China by 2030
Singapore will invest over S$1 billion in public AI research by 2030, officials announced Saturday. The plan targets basic research, industry applications, and talent development, with funds channeled to new research centres. Rising power and water costs linked to AI and data centre expansion were cited as concerns. The initiative forms part of the National AI Strategy 2.0.