SG firms lead investment in AI and machine learning technologies

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pstrongLocal businesses, on average, invest 24% of their annual budget in AI and machine learning./strong/p pSingapore is ahead of the United States and the rest of the world in terms of artificial intelligence (AI) and machine learning (ML) investments.

Singapore is ahead of the United States and the rest of the world in terms of artificial intelligence and machine learning investments.

Singapore businesses are also ahead of the game when it comes to implementing AI and ML across business operations. According to local firms, AI and ML technologies benefit their operations in many aspects. Six in 10 HR leaders believe AI and ML will enable HR to deliver more strategic value, whilst finance leaders say such technologies are a complete game changer for finance and procurement.

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