Peter Chambers, managing director for Asia Pacific at AMD
Singapore will inject an additional $3 billion into the National Productivity Fund and roll out a $150 million Enterprise Compute Initiative (ECI) to accelerate AI adoption, announced Prime Minister Lawrence Wong during the Budget 2025 speech. The city-state is also expanding upskilling programmes to help local firms stay competitive in the digital economy.
Leaders from the tech industry collectively believe the moves will help Singapore realise its ambition of becoming a global artificial intelligence (AI) hub. More on their thoughts below.

