Singapore’s central bank to work with Google on AI

MAS also announces AI training programme for financial sector

Monetary Authority of Singapore
The Monetary Authority of Singapore
George Johnson

The Monetary Authority of Singapore will work with Google to develop ways to use generative artificial intelligence, it announced on May 31.

The MAS and Google signed a memorandum of understanding saying they will carry out work “grounded on responsible AI practices.” In a statement, the MAS said the programme will develop generative AI applications both for its internal use and for the financial industry.

Google will also help MAS technologists improve their AI skills. The announcement comes

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account