Singapore doubles down on deeptech: boosting AI and semiconductor research with US$2.23 billion fund

Digitimes
By Jingyue HsiaoFeb 23, 2025, 9:42 pm120 pts
Singapore will invest an additional SGD3 billion (US$2.23 billion) into its National Productivity Fund (NPF) and allocate SGD1 billion to upgrade biomedical research centers and build semiconductor research infrastructure, Prime Minister and Finance Minister Lawrence Wong announced in the 2025 fiscal budget.

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