artificial intelligence (AI)

Temasek to explore AI, blockchain deals with experimental pods
(Nov 25): Temasek Holdings, Singapore’s state investment firm, is setting up new groups to explore opportunities in artificial intelligence and blockchain technologies. Temasek is creating so-called “experimental pods” to focus on these two areas, which it sees as long-term trends impacting multiple industries and geographies, according to an internal memo obtained by Bloomberg. Chia ...
Rage against the machines?
SINGAPORE (Oct 12): While much has been said about jobs being taken over by robots, many experts still see human talent working alongside AI to deliver the most productive outcome. In fact, a company’s adoption of technology could help its employees become more fulfilled. “[Technology adoption] opens doors for workers to perform higher-value work and develop soft skills,” says Deloitte ...
Risk management integration & disruption crucial to digital transformation projects: EY poll
SINGAPORE (Sept 21): Risk professionals are essential for building trust and confidence when implementing emerging technology and digital transformation projects, suggests the findings of a recent EY poll. Out of the 1,200 participants who attended the recent webcast entitled How can you turn digital risk into a source of competitive advantage?, 59% said the integration of risk professionals ...
Google's AI cloud star leaves after Pentagon deal protests
(Sept 11): Fei-Fei Li, chief scientist at Google’s cloud-computing division, is leaving after controversy over the use of the company’s artificial intelligence technology and a deal with the Pentagon. Li, a venerated researcher in the field of AI, is returning to Stanford University, where she was a professor before joining Google about two years ago. Andrew Moore, dean of the school of ...
Stocks to benefit from the coming AI, IoT boom
SINGAPORE (Aug 16): Internet of Things or IoT is on the verge of becoming a mainstream technology, reaching its tipping point next year after which adoption will accelerate among the masses, says DBS Group Research. In a Thursday report, DBS believes the advent of IoT would provide a much-needed boost for the development of Artificial Intelligence with billions of IoT devices creating ample ...
IBM partners IMDA to roll out 'New Collar Apprenticeship' initiative after layoffs in Singapore
SINGAPORE (Aug 16): International Business Machines (IBM) is joining the Infocomm Media Development Authority’s (IMDA) Company-Led Training programme under its TechSkills Accelerator (TeSA) initiative to roll out their first “New Collar Apprenticeship” initiative outside of the US. Through the apprenticeships, IBM Singapore intends to also employ and train non-degree holders for infocomm ...
Hiring for these banking & financial services roles remained robust in 2Q: Randstad
SINGAPORE (Aug 6): Randstad Singapore says 2Q hiring activities have increased for front- to middle-back office operations in the banking & financial services sector, following a quarter of strong economic growth that was partly driven by the finance and insurance sectors. According to the Randstad Banking Market Outlook Q2 2018 report, the trend of increased hiring was especially so among ...
AI healthcare startup UCARE.AI secures $8.2 mil funding
SINGAPORE (May 16): UCARE.AI, a Singapore-based artificial intelligence (AI) healthcare startup, has recently concluded its Series A funding, bringing total investment to $8.2 million to date. The Series A global investors included VC firm Walden International, insurance group Great Eastern, Singaporean investor and philanthropist Peter Lim, as well as law firm WongPartnership’s startup ...
How management accountants of today can avoid being replaced by tomorrow's technology: IMA
SINGAPORE (May 7): With technology evolving faster than many organisations can adapt, it is unsurprising that an increasing proportion of traditional accounting roles may soon be replaced by automation. According to a recent study commissioned by the Association of Chartered Certified Accountants (ACCA) and Institute of Management Accounts (IMA), among the 42% of management accounting ...
Singapore FinTech Festival to return on Nov 12-16 with focus on Asean and AI
SINGAPORE (May 3): The Monetary Authority of Singapore (MAS) announced that the third edition of its Singapore FinTech Festival will be taking place over the week of Nov 12-16, in partnership with The Association of banks in Singapore and in collaboration with SingEx Holdings. MAS says this year’s festival will include two new elements comprising an Asean FinTech Showcase to highlight ...