Generative AI (GenAI)

Generative Artificial Intelligence (GenAI) is a transformative digital transformation solution that uses machine learning  to generate new content from existing data. It allows enterprises to achieve better operational efficiency, derive new revenue streams, and develop new products and business models.

Enterprises can decide whether to buy an available GenAI solution or to build their own, depending on their needs. For enterprises to adopt off-the-shelf GenAI-powered solutions without customisation, relevant solutions can be found in CTO-as-a-Service website. Enterprises with specialised requirements requiring bespoke development may leverage our GenAI x Digital Leaders Initiative for project digital implementation support.

GenAI for Digital Leaders (GenAI x DL) 

The GenAI x Digital Leaders initiative aims to help digitally mature enterprises to raise their understanding of GenAI and provide them with access to Gen AI development expertise, tools, and resources to implement GenAI solutions with tech partners.

Through the project implementation, enterprises would be able to achieve tangible business outcomes such as accessing new markets, boosting productivity, creating new products, and strengthening in-house capabilities in GenAI.

Though the GenAI x Digital Leaders Initiative, enterprises can undergo:

Business entities that meet the following requirements are eligible to participate:

• ACRA-registered, taxable, and operating in Singapore;
• Minimum of 30 percent local shareholding;
• Non-ICT companies with in-house tech capabilities and are keen to develop and deploy GenAI infrastructure and solutions

Eligible enterprises may receive funding support for the adoption of GenAI solutions or project implementation of their GenAI use cases.