Google: Singapore has high potential for developing artificial intelligence technologies

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According to Caroline Yap, top manager of Google Cloud, Singapore has great prospects to become one of the world's centres for artificial intelligence. In an interview with CNBC, she noted the favourable atmosphere for innovation in the city-state.

Here's What We Know

Yap spoke at January's Explore AI Summit, organised by Google Cloud and the Singapore government. She said the successful development of AI technologies requires close collaboration between the public and private sectors.

Singapore was one of the first countries to develop a national AI strategy and recently unveiled an updated version of it. Under the AI Trailblazers initiative together with Google Cloud, local companies and government agencies have gained access to advanced generative AI solutions.

According to experts, Singapore is already a fast-growing centre for AI technology. The country is actively attracting investment in this area, encouraging research and co-operating with major technology companies.

At the same time, Singapore will have to solve the problem of a shortage of qualified personnel, as there is fierce global competition for AI specialists.

Source: CNBC