SINGAPORE – A new artificial intelligence park, complete with shared workspaces and housing facilities, will be developed in one-north to draw promising start-ups to set up in Singapore.
Kampong AI, as the park is called, will accelerate collaboration and serve as a centre of gravity for AI excellence, said Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong in Parliament on March 2.
“It is a focal point where talent, problem owners, researchers and resources can come together to create synergy and nurture a deep ecosystem,” said DPM Gan during the debate on the Ministry of Trade and Industry’s budget.
Kampong AI will comprise two refurbished blocks within LaunchPad @ One-North – one block measuring 14,500 sq m with office units and event spaces that can accommodate 70 companies, and another block with 200 residential units.
The launch is part of JTC’s larger refreshed masterplan for LaunchPad, said the agency on March 2. The revamp also includes new event spaces, sports facilities, networking areas and eateries.
The AI park – together with two other initiatives called
AI Missions and Champions of AI
– will position Singapore as a place where AI solutions are built, proven and scaled, said DPM Gan.
Through the AI Missions, the Government seeks to drive nationwide AI transformation in four sectors: advanced manufacturing, connectivity, finance and healthcare.
Champions of AI, on the other hand, will provide tailored support including leadership and workforce training to firms that aspire to use AI to comprehensively transform their businesses.
Over the years, LaunchPad @ One-North has evolved into a thriving community of start-ups.
