A mixture of cash investments and global standards for LLM testing could help Singapore make a mark in AI.
Singapore is looking to carve out a global footprint in artificial intelligence (AI) with the release of international standards for large language model (LLM) testing and investments in quantum computing and new data center capacity.
Quantum has the potential to unlock new value, where higher processing capabilities can be harnessed in areas such as simulating complex molecules for drug discovery, said Deputy Prime Minister Heng Swee Keat at last week’s Asia Tech x Singapore 2024 summit.
He added that quantum computing can also have synergies with AI, for example, in improving the efficiency of developing and training advanced AI models. This development, in turn, can further drive innovations in deep learning, natural language processing, and computer vision.
However, there still are challenges to resolve in quantum, including requirements for cryogenic cooling and error correction, Heng said. He noted that researchers worldwide were assessing different approaches to achieve scale and enable quantum computing to be commercially viable.
Singapore wants to address these challenges with its National Quantum Strategy, coupled with almost SG$300 million ($221.99 million) in investment. This cash is on top of a previous SG$96.6 million commitment announced in 2022. The new investment is earmarked for five years, through to 2030, to boost the country’s position as a leading hub in the development and deployment of quantum technologies, Heng said.
Content Courtesy- ZDNET
