MAS commits over $74 million to quantum computing and artificial intelligence
2024-07-22 09:36:19
Singapore monetary authority mas commitment investment S $100 million SGD 7436desk3cryptocurrencydesktopCrypto News
The Monetary Authority of Singapore (MAS) has committed 100 million Singapore Dollars (74.36 million USD) to bolster quantum computing and artificial intelligence capabilities in its financial sector, aiming to help local Financial Institution Groups build quantum computing infrastructure and accelerate the development and adoption of artificial intelligence.
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