By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
TechziTechziTechzi
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Search
© 2023 Techzi . All Rights Reserved.
Reading: Singapore Commits $52M to Southeast Asia’s First Regional AI Model
Share
Font ResizerAa
TechziTechzi
Font ResizerAa
Search
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Have an existing account? Sign In
Follow US
© 2023 Techzi . All Rights Reserved.
AI

Singapore Commits $52M to Southeast Asia’s First Regional AI Model

Aileen Lor
Last updated: February 17, 2024 3:39 am
Aileen Lor
Share
2 Min Read
SHARE
  • Singapore pledged $52M to build Southeast Asia’s first major AI language model by 2025.
  • Experts debate if state-backed model can compete with tech giants’ advancements.
  • While ambitious, viability concerns exist around budget, speed and commercial value.

The Singapore government has pledged S$70 million (US$52 million) to develop Southeast Asia’s first large language model (LLM), supporting 11 major regional languages.

Contents
Is it really needed?A strong regional focusArising Concerns

Is it really needed?

Scheduled for launch within two years, the project aims to reflect the area’s diversity of cultures and languages.

However, some AI experts question the timing and viability of Singapore’s LLM initiative, given rapid advancements by Western tech giants like OpenAI.

Can a state-backed model realistically compete, and does it provide commercial value?

A strong regional focus

The government argues most existing LLMs are Western-centric, while its model will better capture nuances of Southeast Asian society.

However, major firms like Alibaba and VinAI have already released LLMs covering languages like Vietnamese.

Singapore believes its LLM will still be first-of-its-kind for the breadth of languages covered. The project will build on an existing multilingual AI model from the national agency AI Singapore.

Authorities say they aren’t trying to take on commercial LLMs but rather complement them.

With the rise of chatbots like ChatGPT, Singapore wants to boost its AI capabilities and talent pool. But some warn its position still lags behind leading hubs like Silicon Valley and China.

Arising Concerns

There are also doubts about the S$70 million budget. Experts say developing a robust, up-to-date LLM could easily require billions in funding.

While described as a starting point, ongoing computing power and maintenance costs may force Singapore to allocate much more financial support.

Speed is another concern, with tech firms rapidly progressing.

Measuring returns could be tricky, given the early AI startup scene. However, the LLM project shows Singapore’s commitment to staking a long-term position in AI development.

 

Powered by beehiiv

 Experts debate if new large language model can compete with tech giants  

TAGGED:div5

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook X Copy Link Print
Share
Previous Article Neutura Secures Funding to Scale Carbon Removal Technology
Next Article inDrive Gears Up to Disrupt Philippines Ride-Hailing Market

Subscribe to our newsletter to get our newest articles instantly

Please enable JavaScript in your browser to complete this form.
=

Stay Connected

XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow

Latest News

Techzi is Pausing
Media December 24, 2024
Twitch Pioneer Emmett Shear Launches Mysterious AI Venture
AI December 24, 2024
OpenAI CEO Labels Musk a ‘Bully’ in Latest Tech Titan Clash
AI December 24, 2024
AI Revolution Could Spark Live Entertainment Boom
Culture December 24, 2024

You Might also Like

Fintech

Modalku Co-Founder Iwan Kurniawan Steps Down After 8 Years

February 16, 2024
AI

Quora Raises $75M To Power AI Chat Platform Poe And Its Creator Economy

February 17, 2024
AI

Kai-Fu Lee’s new startup aims to create a Chinese ChatGPT, promises it won’t steal your data and sell it

February 17, 2024
Strategy

Adding a Work Trial to Your Interview process

February 12, 2024
SaaSStrategy

Ken Leaver’s Two Cents on Offshoring Platforms like SupportShepherd

June 3, 2024
AI

OpenAI Store Flooded With Banned AI Girlfriends

February 12, 2024
Crypto & Web3

Web3 Startup Imaginary Ones Raises Funding for Gaming Push

March 5, 2024
e-Commerce

SiCepat Snags Former Lazada Exec as New COO

June 26, 2024
Fintech

MoneyHero Scores Big with Ex-Alibaba Exec as New CFO

May 17, 2024
Crypto & Web3

Crypto.com Forges Banking Alliance Deutsche Bank Across Asia

December 16, 2024
Media

beehiiv Buzzes with $33M Funding to Sweeten Its Newsletter Empire

May 6, 2024
Strategy

Jesse Pujji Profiles Calendly Founder’s Incredible Journey

February 13, 2024

Techzi

SE Asian tech news: Free & Comprehensive. Read more

Quick Links

  • Logistics
  • Marketplace
  • Mobility
  • Startups
  • VC
  • Food tech
  • Gaming
  • Health-Tech
  • Media
  • Social Media
  • SaaS
  • Travel

Quick Links

  • AI
  • Edutech
  • Climate
  • Creators
  • Crypto & Web3
  • Culture
  • Deep Tech
  • e-Commerce
  • FAANG
  • Fashion
  • Fintech

Techzi Tech Newsletter

FREE and Curated by Tech Insiders

Legal

Privacy Policy

Terms & conditions

TechziTechzi
Follow US
© 2024 Techzi . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?