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Singapore unveils new partnerships and programmes to boost SMEs' AI capabilities

Nurdianah Md Nur
Nurdianah Md Nur • 5 min read
Singapore unveils new partnerships and programmes to boost SMEs' AI capabilities
SMEs can build their digital capability and tap on tech expertise from companies like Alibaba Cloud, ST Engineering, AWS and Microsoft. More local AI practitioner jobs will be available, too. Photo: Unsplash
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While generative AI holds promise, its value hinges on how effectively businesses apply it. The Infocomm Media Development Authority (IMDA) has therefore announced new partnerships to help small and medium-sized enterprises (SMEs) build the necessary digital capabilities.

"The digital economy contributes to nearly 18% of Singapore’s GDP. Despite the global uncertainty, we expect technology, especially artificial intelligence (AI), to continue to drive quality economic growth," says Senior Minister of State for Digital Development and Information Tan Kiat How at the Asia Tech x Enterprise event.

He continues: "Our SMEs continue to show strong digital adoption, with more than 7,200 businesses embracing AI-enabled, integrated and cloud-based solutions in the past year. Building on this momentum, I am happy to share that IMDA is launching three new partnerships, in support of the Digital Enterprise Blueprint."

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