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Singapore AI start-ups can draw funding by developing real-world solutions, say industry players
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Venture capital investment worldwide reached its highest level in seven quarters during the fourth quarter of 2024, driven primarily by growing interest in AI.
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SINGAPORE – Local artificial intelligence (AI) start-ups can capture investor interest by developing unique applications that provide real-world solutions for sectors like fintech, healthcare and analytics.
Industry players told The Straits Times that creating such tailored AI tools is the way to go, rather than solely competing on cost, especially as cheaper AI models become more widely available.
