Reference News Network, July 24 report. According to the U.S. "Fortune" magazine website on July 22, the Minister of Digital Development and Information of Singapore stated that given smaller countries and companies are trying to explore how to benefit from artificial intelligence (AI) without paying high prices, Singapore welcomes cheaper AI models such as DeepSeek from China's DeepSeek company.
On July 22, Singapore's Minister of Digital Development and Information, Ya Li Ming, explained at the Fortune AI Brainstorm Singapore conference that this is considering the cost issues that companies using AI will inevitably have to address.
She said: "From the perspective of reducing costs, innovations like DeepSeek are very popular."
The report states that earlier this year, the DeepSeek model caused a stir in the U.S. financial market. This Chinese AI startup proved it is possible to create AI models with performance comparable to cutting-edge models using only a small amount of training resources. As investors reevaluated whether the huge investments in the AI race were truly worthwhile, tech stocks plummeted at the time. Although large U.S. tech companies have recovered from the shock caused by DeepSeek, it is reported that companies such as Microsoft and Amazon are still reevaluating their spending on data centers.
The report also states that DeepSeek has driven up Chinese tech stocks, as investors try to bet on the development of AI in the world's second-largest economy.
Ya Li Ming stated that Singapore did not use DeepSeek in its AI development plan, but she pointed out that DeepSeek is part of a broader transformation in this new technology, reflecting global demand.
She explained: "It is well known that large language models mainly trained on Western corpora are primarily in English, which presents difficulties in application in Southeast Asian environments. AI that is trained in English, rather than in different languages of Southeast Asia, may not meet the needs of Singapore and its neighboring countries." Singapore has helped promote the Southeast Asian Language Integration Network project, a group of open-source large language models that can be trained in many regional languages such as Vietnamese and Malay.
Ya Li Ming said that in terms of AI, Singapore can learn from the United States and China. She pointed out, for example, that Singapore can cooperate with Washington in the field of AI management. On the other hand, China provides ideas on how to use AI. She said: "We noticed that China has a broad and deep industrial foundation, and it is meaningful to observe and learn about the application of AI in China." (Translated by Wenyi)
Original: https://www.toutiao.com/article/7530542397685563967/
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