AI

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Despite AI algorithm bias, can AI still play a part in fairer hiring?

While technology of the past was designed to serve a singular purpose, generative AI can be deployed to solve myriad problems in an organization. Any credible generative #AI approach must be built upon a human-centric foundation - technology needs to be grounded in an organization’s people and culture. AI might supply a new framework, but human judgment,…

MAS commits up to $74.33M to support quantum and artificial intelligence capabilities in the financial sector

The Monetary Authority of Singapore (MAS) has announced that it will commit an additional SGD 100 million ($74.33 million) under the Financial Sector Technology and Innovation Grant Scheme (FSTI 3.0) to support financial institutions in building capabilities in quantum and artificial intelligence (AI) technologies, as well as enable the advancement of…

China listed AI firm iFLYTEK to invest $51.23M in Hong Kong

China-listed artificial intelligence company iFLYTEK plans to HK$400 million ($51.23 million) in Hong Kong over the next five years.

Organizations report a four-fold increase in the deployment of generative AI since 2023

Organizations report a four-fold increase in the deployment of generative artificial intelligence (GenAI) since 2023, according to the Capgemini Research Institute’s latest report revealed on Monday.

TAU Intelligence partners Jardine Matheson, Intel to launch resource-efficient AI solutions

Singapore-based generative artificial intelligence (AI) start-up TAU Intelligence has collaborated with Hong Kong-based conglomerate Jardine Matheson and United States-based technology firm Intel to launch resource-efficient AI solutions.

KPMG : Asia-Pacific region records the slowest pace of AI adoption in financial reporting

Asia-Pacific region has recorded the slowest pace of artificial intelligence (AI) adoption in financial reporting, KPMG said in a global survey Wednesday.

Randstad : 81 percent of malaysians feel the impact of AI on their jobs

81 percent of malaysians feel the impact of artificial intelligence (AI) on their jobs, Randstad said in a research on Wednesday.

Study: 87 percent of APAC manufacturers prioritize digital transformation; yet 82 percent struggle with innovation pace

87 percent of Asia Pacific (APAC) manufacturers prioritize digital transformation; yet 82 percent struggle with innovation pace, a study showed Tuesday.

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Solving the trust equation in AI

As AI integration into critical infrastructure progresses, knowledge graph adoption can play a pivotal role in ensuring these systems are built on a foundation of trust and transparency, enhancing the reliability and understanding of AI decisions.  This shift towards greater transparency and accountability is key to balancing the pace of rapid innovation…

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Leveraging AI to detect financial fraud in startups

The startup space cannot afford to keep being a hotbed of financial fraud. Both businesses and their investors need more reliable fraud prevention techniques. In today’s world, that means they need #AI.