Sixty-seven percent also said their AI/ML projects have gone past the experimentation stage and are now either in the "optimising/innovating" or "formalising" stages of implementation.
Singapore firms view artificial intelligence (AI) and machine learning (ML) as key strategic technologies.
More than two-thirds are employing AI/ML as part of their business strategy and allocating between 6% and 10% of their budget to such projects.

