National University of Singapore launches AI institute

The National University of Singapore launched its artificial intelligence institute on Monday to advance research and the application of AI technologies in education, healthcare, and finance.
According to a university statement, the new institute would also study ways to safeguard transparency and accountability to address ethical concerns and risks associated with AI.
The institute’s researchers received an external investment of $6 million.
The university would invest an additional $14.8 million for foundational research, policy study, and real-world applications.
The statement added that the institute aimed to collaborate with government agencies and industry to amplify AI capabilities across society.
(Xinhua/NAN)
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