Singapore inks AI deals with Google, OpenAI as ChatGPT-maker commits $234 million to local ecosystem
Singapore has signed agreements with Google and OpenAI to enhance its role as a global AI hub. OpenAI will invest $234 million to develop the local AI ecosystem, while Google will focus on addressing societal challenges and workforce development. These partnerships align with Singapore's broader national AI strategy, which aims to bolster public AI research capabilities.
- ▪Singapore has inked agreements with Google and OpenAI to strengthen its AI capabilities.
- ▪OpenAI will invest over 300 million Singapore dollars to enhance the local AI ecosystem.
- ▪Google's focus will be on solving societal challenges and building an AI-ready workforce.
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Singapore has inked separate agreements with Google and OpenAI to strengthen its position as a global artificial intelligence hub and accelerate AI deployment across public services, healthcare, education and enterprise. The agreements, announced on Wednesday, include a new National AI Partnership with Google and the first memorandum of understanding between Singapore and OpenAI, which will see it set up an AI lab in the city. Under the partnership, OpenAI will commit more than 300 million Singapore dollars ($234 million) to strengthen Singapore's AI ecosystem, according to a joint statement released by the ChatGPT-maker and the Ministry of Digital Development and Information.
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