Singapore’s Prime Minister, Lawrence Wong, has announced a S$150m allocation for a new Enterprise Compute Initiative as part of the Budget 2025, aiming to enhance the use of artificial intelligence (AI) among local businesses.
This move underscores the nation’s commitment to innovation and sustainability, according to Chua Hock Leng, Area Vice President for ASEAN and Greater China at Pure Storage.
The initiative is expected to significantly boost AI development across Singapore, aligning with the country’s broader goals of reducing carbon emissions and exploring sustainable energy options, including nuclear energy. Chua emphasised the importance of integrating IT modernisation with sustainability efforts, stating, “Singapore’s commitment to further reduce carbon emissions and the potential exploration of nuclear energy options demonstrate its commitment to foster a sustainable society.”
However, Chua also called for increased scrutiny of the energy consumption of data centres, which are integral to AI operations. Addressing this concern, he noted, “We would like to see greater scrutiny into the energy consumption of data centres. This will also contribute to the country’s carbon goals.”
The announcement reflects Singapore’s strategic focus on resilience and sustainability in its economic planning, encouraging the technology sector to innovate whilst considering environmental impacts. As businesses prepare to leverage the new funding, the emphasis remains on balancing technological advancement with ecological responsibility.
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