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Singapore firms’ tech spending expected to rise as AI gains traction
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Tech spending in Singapore in 2023 will reach $22.2 billion, 4.6 per cent more than last year’s $21.2 billion.
ST PHOTO: LIM YAOHUI
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SINGAPORE – There have been blockchain, crypto and the metaverse, but nothing does it like generative artificial intelligence (AI) when it comes to blowing up company tech budgets.
Technology spending in Singapore is expected to surge despite the Government cutting back its infocomm budget.
