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Singapore central bank taps Google AI to groom tech talent

MAS partners with U.S. giant in exploring emerging tech after forays into blockchain

The Monetary Authority of Singapore has presented itself as keen on using emerging tech to bolster its role and the country’s financial sector.   © Reuters

SINGAPORE -- Singapore's central bank is partnering with Google's cloud unit on artificial intelligence projects for internal use and to equip staffers with "deep AI skillsets."

The Monetary Authority of Singapore, the city-state's central bank and financial regulator, announced the collaboration with the U.S. technology giant on Wednesday, adding to its growing list of initiatives exploring emerging tech to bolster the development of cutting-edge innovations in the Asian financial hub.

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