Singapore, Israel Sign MOU to Accelerate Cross-border Collaboration in Artificial Intelligence

Singapore and Israel have signed a memorandum of understanding (MoU) on Artificial Intelligence (AI) cooperation, indicating that both nations want to speed up cross-border collaboration in the field. The MOU between Singapore's Smart Nation and Digital Government Office and Israel's Ministry of Innovation, Science and Technology on AI cooperation would assist AI development and implementation for "common benefit," according to the MOU. This year marks the 25th anniversary of the Singapore-Israel Industrial R&D Foundation. The foundation has supported around 190 projects between Singapore and Israel since its creation in 1997, delivering approximately US$120 million to initiatives in sectors such as information and communications technology, electronics, and biomedical and life sciences. Companies from both Singapore and Israel have been exploring prospects in both nations.