Enterprise Singapore, Microsoft, and AI Singapore collaborate to help over 1000 local SMEs in Singapore integrate AI technology.

The Microsoft Copilot for SMEs program offers a 50% subsidy on license costs for eligible SMEs.

Additional support from IMDA aims to enhance AI capabilities for digitally mature companies.

Deputy Prime Minister Gan Kim Yong highlights AI adoption as crucial for productivity and announces the Applied AI program at Institutes of Higher Learning.

The government commits a $1 billion investment in AI funding over the next five years to support National AI Strategy 2.0 goals.

The initiative aims to upskill tech professionals and drive the digital economy forward.

SMEs like Swan and Maclaren Group and Mocha Chai Laboratories see AI as beneficial for resource optimization and industry transformation.