GEORGE TOWN, Nov 7 (Bernama) -- The Penang government has allocated RM4.5 million in its 2027 budget to support technology startups, accelerate digitalisation among small and medium enterprises (SMEs) and expand the use of artificial intelligence (AI) across the state's economy.
Penang Allocates RM4.5 Mln To Boost AI Adoption, Support Tech Startups
Chow Kon Yeow, Digital Penang, Penang budget 2027,
BE Bernama 
Key takeaways
Penang allocated RM4.5 million in its 2027 budget to support tech startups, SME digitalization, and AI adoption.
- RM4.5 million is allocated for Digital Penang to support startups and AI use.
- The initiative has created 310 companies and 1,720 jobs so far.
- 675 professionals trained in chip design, with 85% employed.
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