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IT leaders' reactions to Budget 2024 tech-related announcements

The Edge Singapore
The Edge Singapore • 12 min read
IT leaders' reactions to Budget 2024 tech-related announcements
Tech leaders laud the increased support for AI development and upskilling initiatives announced at Budget 2024.Photo: Pexels
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Deputy Prime Minister Lawrence Wong announced in his Budget 2024 speech that Singapore will invest more than $1 billion over the next five years in artificial intelligence (AI). Tech leaders share their thoughts on tech-related announcements below:

Peter Chambers, managing director - Sales, Asia Pacific at AMD

The blistering pace of AI development has a severe impact an organisation’ readiness and willingness to embrace the technology. This impediment is currently compounded with an increasing competition for AI infrastructure assets – such as accelerators and GPUs – as larger organisations bring their AI capabilities in-house.

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