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Fortune
Fortune
Nicholas Gordon

Cheaper AI like China’s DeepSeek are 'very welcome,' says Singapore's digital minister Josephine Teo

(Credit: Graham Uden for Fortune)

Singapore will welcome cheaper models like China’s DeepSeek, says the country’s digital minister, as smaller countries and companies try to explore how to get the benefits from AI without paying exorbitant prices for the tech.

Companies considering the use of AI inevitably have to consider cost, Josephine Teo, Singapore’s minister for digital development and information, explained at the Fortune Brainstorm AI Singapore conference on Tuesday

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