OpenAI commits $300m to boost AI skills, offer tools and solutions for businesses in Singapore

ChatGPT creator OpenAI has committed more than $300 million to build Singapore’s applied artificial intelligence sector, a burgeoning field focused on integrating AI models into everyday workflows for productivity gains.

Central to its plan is the opening of the OpenAI Singapore Applied AI Lab, its first outside the US. The lab will focus on advancing AI missions in public services, finance and healthcare sectors and digital infrastructure here. No timeframe was given for the $300 million commitment.

On May 20, OpenAI signed an agreement with the Ministry of Digital Development and Information (MDDI) called OpenAI for Singapore, which carries three pillars of collaboration. The partnership was inked at ATxSummit, part of the Asia Tech x Singapore conference held at Capella Singapore.

Read more at: https://www.straitstimes.com/tech/openai-commits-300m-to-boost-ai-skills-solve-business-problems-in-singapore?ref=top-stories