Talent shortage a hurdle for Singapore’s AI startups as demand spreads across industries
ARTIFICIAL intelligence (AI) talent is hot property and local startups are struggling to snag enough of it. Industry players said hiring competition comes not just from other players but also companies trying to incorporate AI into their businesses.
“AI is very easily deployed across a lot of the industries we know of: healthcare, finance, everything under the sun,” said Juliana Lim, executive director of talent networking at the government-led deep tech initiative SGInnovate.
The range of available talent is also too narrow for market needs, which means more development pathways are needed.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Startups
GoTo narrows Q1 loss to 420 billion rupiah with TikTok deal, cost cuts
Health-tech startup Thrixen bags US$7 million from 22Health Ventures, Aldevron co-founder
Mergers, closures, diversification: What is happening to Singapore’s cultivated meat sector?
Singapore’s Geniebook edutech startup seizes Vietnam opportunities
Foodpanda doubles down on quick commerce with house-brand grocery products
High Court dismisses bid by co-founder and CTO to liquidate Cake Group