Up to S$150m boost for Singapore's artificial intelligence push (Amended)

UP to S$150 million will be committed to AI.SG, a new national programme that seeks to boost Singapore's capabilities in artificial intelligence (AI). The National Research Foundation (NRF) will invest the amount over the next five years. Minister for Communications and Information Yaacob Ibrahim said on Wednesday that AI and data science are among key frontier technologies the Singapore government will harness as part of its "enhanced growth strategy for the digital economy". He was speaking at Innovfest Unbound 2017, a two-day innovation festival celebrating digital disruption and which has attracted more than 8,000 global entrepreneurs and representatives from government agencies and corporates. Dr Yaacob said: "The potential gains from an enabler technology like AI are massive."