MAS Commits up to S$100 Million to Support Quantum and Artificial Intelligence Capabilities in the Financial Sector

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MAS Commits up to S$100 Million to Support Quantum and Artificial Intelligence Capabilities in the Financial Sector

By Monetary Authority of Singapore

The funds are an additional amount that will come under the Financial Sector Technology and Innovation grant scheme, or FSTI 3.0. The MAS will establish a Quantum track under FSTI 3.0, with 3 grants, to support financial institutions’ interests in building quantum capabilities in Singapore.

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