## Singapore bets on AI Despite fears of a speculative bubble in the artificial intelligence sector, Singapore's sovereign fund has decided to double down on its investments. This move indicates strong confidence in the long-term prospects of AI and its potential for economic transformation. The specific details of the investments have not been disclosed, but the strategic decision is clear: Singapore sees AI as a key area for future growth and intends to position itself as a leader in this field. ## General context Artificial intelligence is rapidly becoming a pervasive technology, with applications in various sectors, from healthcare to finance, to transport and energy. Governments and companies around the world are investing heavily to develop and implement AI-based solutions, hoping to gain competitive advantages and improve efficiency. However, the rapid growth of the sector has also raised concerns about potential risks, including job losses, social polarization, and the ethical implications of AI use.