logo
  • menu
  • Markets
  • ETFs
  • Live
  • Spot
  • Futures
  • Bots
  • Learn
  • Sign In
  • Sign Up
  • Downloads
  • English
  • |
  • USD
  • |
Sign Up
Crypto PricesLearnLatest NewsDownloadsMarketsSpotAnnouncements
Home/
Latest News/
Markets

Singapore's National AI Strategy 2.0 Targets 15,000 Experts

By Sherry Cantwell
Dec 12, 2024
4.1 
★
★
★
★
★
★
★
★
★
★
 383 User Rating
Share

The Singaporean government unveiled its updated National Artificial Intelligence Strategy 2.0 on December 4, laying out its comprehensive plan to embrace innovation and tackle challenges in the realm of artificial intelligence (AI).

This revised AI strategy is structured around three distinct systems and is underpinned by 10 “enablers” driving these systems, with 15 action steps aimed at ensuring the functionality of these systems. Singapore's initial AI strategy was initially introduced in 2019.

The updated strategy adopts a systems-oriented approach, focusing on three pivotal areas within society: the "drivers of activity," "people and communities," and "infrastructure and environment." A key initiative involves Singapore's ambition to establish new AI "centres of excellence" within local companies, aiming to foster sophisticated AI value creation across critical sectors.

Another significant aspect of the plan involves equipping government agencies with the requisite expertise, technical prowess, regulatory tools, and enhancing the AI proficiency among all public servants in Singapore.

In alignment with this strategic vision, Singapore aims to harness its government capabilities to generate resources that support the integration of AI within the public sector. The nation intends to bolster its pool of "AI practitioners" by increasing the number of local experts to 15,000 and keeping the doors open to global talent through expanded AI-focused training programs and technological enhancements.

Singapore has already witnessed more than 2,700 individuals securing employment through various technical training programs in AI development, demonstrating progress in this domain. Emulating many other countries globally, Singapore is committed to augmenting its computing power. To this end, the nation aims to strengthen partnerships with key industry stakeholders like chip manufacturers and cloud service providers and bolster support for local computing companies. The implementation of these action steps is slated for the next 3-5 years to advance Singapore's aspirations in the field of artificial intelligence.

Singapore joins the ranks of other nations emphasizing AI development. Recently, the UK declared its intention to invest £300 million in acquiring and operating two AI supercomputers, aiming to expand its influence in the global AI arena. OpenAI, a leading AI developer, disclosed its collaboration with Dubai-based G42 to extend its operations into the Middle East. In parallel, the United States, a prominent chip manufacturing hub, initiated tighter export controls on technology used by specific countries to bolster and sustain advanced AI systems.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

Related News

  • AI Stock Selloff Hits Wall Street; Bitcoin Holds $65K Level

    AI Stock Selloff Hits Wall Street; Bitcoin Holds $65K Level

    On Friday, July 24, 2026, Bitcoin maintained a price of $65,400, demonstrating a rare decoupling from a broader $800 billion sell-off in major U.S. technology stocks.
    Sherry Cantwell
    Jul 24, 2026
  • Bybit Unleashes AI Power with 'TradeGPT' for Data-Driven Market Analysis

    Bybit Unleashes AI Power with 'TradeGPT' for Data-Driven Market Analysis

    Dubai-based cryptocurrency exchange Bybit has unveiled TradeGPT, a language-based trading tool that harnesses artificial intelligence (AI
    Christopher Smith
    Feb 2, 2026
  • Elon Musk's xAI Seeks SEC Approval for $1B Sale

    Elon Musk's xAI Seeks SEC Approval for $1B Sale

    Elon Musk's AI modeling firm, xAI, has finalized a private agreement to sell unregistered
    Cornell Rachel
    Feb 13, 2025

Latest News

Industry

Cryptocurrency

Airdrop

Markets

  • Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    The Brazilian Securities and Exchange Commission (CVM) has officially established a dedicated task force to develop an experimental regulatory framework for tokenized securities, providing a fast-tracked timeline for the digital capital market.
    Martha Grizzard
    Jul 21, 2026
  • Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid has announced a forthcoming enhancement to its HIP-4 upgrade that will allow for the permissionless deployment of decentralized prediction markets.
    Christopher Smith
    Jul 21, 2026
  • DTCC Launches Live Tokenized Asset Trading for Wall Street

    DTCC Launches Live Tokenized Asset Trading for Wall Street

    The DTCC successfully transitioned from pilot testing to live production trades on July 15, 2026, marking the largest-scale institutional tokenization initiative to date.
    Cornell Rachel
    Jul 16, 2026
  • South Korea Updates Asset Law to Include Cryptocurrency

    South Korea Updates Asset Law to Include Cryptocurrency

    The South Korean Ministry of Economy and Finance announced a transition from the 1950 State Property Act to a new National Asset Basic Act to better reflect modern digital resources.
    Martha Grizzard
    Jul 16, 2026
  • New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    The U.S. Securities and Exchange Commission plans to introduce a major regulatory framework this month to simplify capital formation and reduce operational hurdles for cryptocurrency businesses.
    Martha Grizzard
    Jul 8, 2026
View more data 
BTCBTC(BTC)
$0
--(Last 24h)
SpotFutures

Top

View more
  1. 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
  2. 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
  3. 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
  4. 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
  5. 5CZ: compared with the record high nine months ago, the current situation of the industry is much better

Top Gainers

View more
Grvt
GrvtGRVT

$0.2486

+397.20%
Koma Inu
Koma InuKOMA

$0.0218

+110.40%
Unipeg
UnipegUPEG

$484.290

+104.76%
Tradr 2X Long SNDK ETF
Tradr 2X Long SNDK ETFSNXXB

$11.5800

+71.56%
Momentum
MomentumMMT

$0.3133

+58.07%

Top Trending

View more
Momentum
MomentumMMT

$0.3133

+58.07%
Bitcoin Cash
Bitcoin CashBCH

$207.100

-1.52%
Koma Inu
Koma InuKOMA

$0.0218

+110.40%
Akedo
AkedoAKE

$0.003936

+0.81%
Hyperliquid
HyperliquidHYPE

$54.4100

+0.71%

Recently added

View more
Grvt
GrvtGRVT

$0.2486

+397.20%
Direxion Semiconductor Bear 3X ETF
Direxion Semiconductor Bear 3X ETFSOXSB

$48.4700

-32.31%
VanEck Semiconductor ETF
VanEck Semiconductor ETFSMHB

$554.310

+8.74%
PayPal
PayPalPYPLB

$57.7100

-0.50%
Goldman Sachs
Goldman SachsGSB

$1,031.74

+2.38%

Learn

View more
  1. 1What Are ARC-20 Tokens? How Do ARC-20 Tokens Work?
  2. 2What Is the Usual Protocol? How Does Its Tokenomics Work?
  3. 3What Are AI Agent Frameworks? How Do They Power Cryptocurrency?
  4. 4What Is JPYSC? How Japan’s Regulated Stablecoin Works
  5. 5Are AI Agents Safe for Crypto? How to Secure Your Assets
About Us
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
English
About Us
+
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
+
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
+
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
+
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
+
  • Twitter
  • Facebook
  • Telegram
  • YouTube
  • Instagram
  • Medium
  • Linkedin
@2012-2026 BITKAN.com