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Singapore is seeing a sharp rise in salaries for AI professionals as demand for talent continues to outpace supply. Demand is particularly strong for AI engineers, machine learning specialists, data scientists, AI product managers and AI governance professionals, driven by expanding investments from global technology companies and financial institutions. While PhD holders can command some of the highest salaries in the market, a doctorate is not required for most AI positions in Singapore. Employers are increasingly prioritising practical experience, technical skills and the ability to apply AI in business settings. Industry experts said a bachelor's degree combined with relevant hands-on experience is often sufficient for many AI roles. To address the talent shortage, educational institutions are expanding AI-related training opportunities. Some institutions offer courses that could be suitable for those in mid-career. For example, SP has a one-year Specialist Diploma in Data Science (AI) that is conducted after office hours. As companies race to deploy AI at scale, industry observers expect strong hiring demand and salary growth for AI professionals to continue. Similar news reported in The Business Times and Yahoo Online.

[The Straits Times]