Information Technology
SG, US mull collaboration on critical and emerging technologies
SG, US mull collaboration on critical and emerging technologies
These technologies include AI and biotech.
IMDA inks MOU with US Federal Communications Commission to fight scams
The deal will boost cross-border efforts to combat unlawful communications.
SG firms lead investment in AI and machine learning technologies
Local businesses, on average, invest 24% of their annual budget in AI and machine learning.
8 in 10 S’poreans okays AI use
72% of Singaporeans feel ‘optimistic’ about AI.
SG leads APAC in AI readiness
It scored 70.1 in Salesforce’s APAC AI Readiness Index.
Circular raises US$7.6m in seed funding round
The seed funding boosted Circular’s total valuation to US$30m.
Brands turn to generative AI to improve customer experience amidst reduced budgets
Three in five firms plan to cut their customer experience budgets in the next 12 months.
UOB trials Microsoft 365 Copilot Generative AI
The AI tool was first introduced by Microsoft in March 2023.
Startup slashes need for big teams in data app development
Through Dozer, data engineers can instantly build a data serving infrastructure instead of months.
Generative AI-driven jobs rise in SG
One in every 490 job postings in SG is related to Generative AI.
Singapore leads SEA cities with top tech funding in 3Q23
The city raised US$318m in funding.
SG climbs to 5th rank in 2023 Global Innovation Index
It is now the highest-ranking Asian market in the index, beating South Korea.
Seven in 10 CEOs say businesses not doing enough to address AI consequences
An EY study showed that more than half of CEOs want to focus on ethical AI.
SG and other Asian economies record a rise in GenAI startups
More than $956m was invested and may see an increase.
Around 9 in 10 IT leaders aim integrate AI in business functions
AI is used in digital infrastructure management and sales, amongst others.
MOE to implement more AI tools for detailed education
Beginning in December, two learning feedback assistants will be implemented into the SLS.
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