AI
Cisco: only 14 percent of global organizations are fully prepared to deploy and leverage AI
A mere 14 percent of organizations globally are fully prepared to deploy and leverage Artificial Intelligence (AI)-powered technologies, according to Cisco’ inaugural AI Readiness Index released on Tuesday. While AI adoption has been slowly progressing for decades, the advancements in generative AI, coupled with public availability in the past year, are…
MAS partners industry to develop generative AI risk framework for the financial sector
The Monetary Authority of Singapore (MAS) has on Wednesday announced the successful conclusion of phase one of Project MindForge1 which seeks to develop a risk framework for the use of Generative Artificial Intelligence (GenAI) for the financial sector.
MYEG and Yayasan Chow Kit join hands to prepare youth for the Web3 era
MY E.G. Services Berhad (MYEG), a e-government service provider in Malaysia, has partnered with non-profit organization Yayasan Chow Kit (YCK) to foster digital inclusivity for marginalized youth in and around Chow Kit area in Kuala Lumpur.
Malaysian government and Google announce strategic collaboration
The government of Malaysia and global tech giant Google have on Thursday announced a strategic collaboration to create inclusive growth opportunities for more Malaysians and homegrown companies in the fast-growing digital economy.
Taiwan’s Profet AI launches enterprise AI lifecycle management platform for AI governance
Profet AI, a Taiwan-based enterprise artificial intelligence (AI) application provider for the manufacturing industry, has announced the official launch of AI Lifecycle Management Platform (AILM), an enterprise platform for AI governance.
Japan’s Mitsui invests $58M in ADA via Axiata Digital, valuing ADA at $550M
Following the investment, Mitsui’s stake in ADS will increase from 3.29 percent to 20 percent, resulting in an effective 12.69 percent stake in ADA.
Indonesian startup Mimin expands Generative AI services to Malaysia and Singapore
Mimin, the Indonesian platform enabler revolutionizing customer service through artificial intelligence (AI)-driven chat, has announced its expansion into Malaysia and Singapore.
Singapore’s OCBC rolls out generative AI chatbot to all employees globally
Singapore-based lender OCBC announced Wednesday that it will avail a generative artificial intelligence (AI) chatbot to its 30,000 employees globally in November to assist them with writing, research and ideation. The deployment of the chatbot, a collaboration between Microsoft’s Azure OpenAI and OCBC, aims to further boost productivity and better serve…
Vietnam’s FPT partners US’s Landing AI to advance AI development and education
FPT, a Vietnam-based technology firm, and Landing AI, a United States-based computer vision platform and artificial intelligence (AI) software company, have on Tuesday announced a strategic relationship that will drive the application and education of AI.
Singapore’s Cosmos Innovation raises $19.7M in Series A round led by Xora Innovation, Temasek
Cosmos Innovation, an artificial intelligence (AI)-first company building next-generation perovskite silicon tandem (PST) solar cell technology, has on Thursday announced raising $19.7 million in total funding. The Series A round was led by Xora Innovation, an early-stage, deep-tech investment platform of Temasek, a global investment company headquartered…
