Singapore’s S$1 billion AI research bet: new push to keep pace with U.S., China by 2030
Singapore plans to pour over S$1 billion into public AI research by 2030, the government announced Saturday. The funding aims to boost national AI capabilities and encourage wider adoption among businesses. https://www.reuters.com/world/asia-pacific/singapore-invest-over-779-million-public-ai-research-through-2030-2026-01-24/ Funding arrives just as AI tools shift from demos to real-world use, while nations scramble to secure the computing power and talent needed to train and operate these models. The race remains dominated by U.S. and Chinese tech giants, with smaller economies looking to carve out niches.