SINGAPORE: Singapore has secured the second position in an index measuring artificial intelligence readiness around the world.
The findings of the survey, by KPMG, highlight the Singapore’s commitment to advancing AI, particularly in the realm of medical technology.
In conjunction with this investment, the National Research Fund has established the Health Technologies Consortium. This initiative is designed to assist companies in translating research outcomes into tangible products and services, with a keen focus on health analytics and AI. The NRF has allocated S$1.5 million to support this effort.
Singapore is also addressing AI cybersecurity readiness through its Cybersecurity Labelling Scheme for Medical Devices. This scheme encourages manufacturers to adopt security-by-design practices, ensuring that AI applications in healthcare are not only innovative but also secure.
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