SMEs to receive more support to adopt AI with new S’pore-Microsoft tie-up

[drdoof]

https://www.straitstimes.com/business/companies-markets/smes-in-singapore-to-receive-more-support-for-ai-adoption

SINGAPORE – More small and medium-sized enterprises (SMEs) in Singapore will receive support to integrate artificial intelligence (AI) into their processes.

A new partnership between Microsoft, trade agency Enterprise Singapore (EnterpriseSG) and national programme AI Singapore (AISG) was announced on May 21 at Pan Pacific hotel.

The partnership will help more than 1,000 local SMEs boost their productivity using Microsoft Copilot, an AI assistant introduced in 2023 that can be used within Microsoft's applications such as PowerPoint and Word.


EnterpriseSG will subsidise 50 per cent of the Microsoft Copilot licence costs for eligible SMEs for a 12-month period, with each firm being eligible to buy up to 50 user licences at the subsidised rate.

Microsoft and EnterpriseSG will also work with AISG to help SMEs build AI capability and educate them on the responsible use of AI beyond Microsoft Copilot.

Microsoft also announced during the event that it has teamed up with the Infocomm Media Development Authority (IMDA) to boost the AI capabilities of digitally mature SMEs.

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I rly dont know whats the end point or end result for this AI thing... if many lose jobs, who will be the consumers

[Magical Fingertip]

More retrenchment coming