Information Technology

AI trust falls to 42% as ethical concerns go unresolved

AI trust falls to 42% as ethical concerns go unresolved

69% of Singapore IT security leaders say they are not fully confident in the accuracy or explainability of their AI outputs.

Temasek invests in major AI infrastructure consortium

It aims to develop and expand artificial intelligence infrastructure.

Most businesses are digitalised yet many miss optimal value: report

The report found that only 15% of businesses have fully integrated core systems.

Ban Leong nears delisting as Epicsoft Asia takes over

As of 12 June, Epicsoft Asia holds 100 million shares of Ban Leong.

3 in 5 firms feel ready to adopt AI: Survey

Half also said they are well-prepared to manage debt and risk.

Singapore leads global AI investment with 27% of firms topping $1.28m: report

This places Singapore ahead of both the UK (18%) and the US (14%).

Singapore Airlines partners with PALO IT on AI-powered product development

SIA will adopt PALO IT’s Generative AI Enhanced Engineering methodology.

Old devices drop out of circulation as reuse and recycling stall

Singapore consumers upgrade their phones faster than the global average.

Singapore amongst most concerned over AI-driven digital fraud

84% of respondents said they were worried about fake digital IDs generated using AI, compared to 76% globally.

DBS and UOB fund $530m data centre campus in Indonesia

Three data centres will be developed in the Nongsa Digital Park (NDP) in Batam.

Nearly 50% of consumers use AI to assist shopping: survey

The report found that 49% of Singapore consumers used AI tools, such as ChatGPT, for shopping in the past year.

GigaDevice opens headquarters in Singapore

It will serve as a central platform to drive global coordination.

EDB, Thales ink MOU to launch AI accelerator platform

The platform will boost Thales’ R&D capabilities in Singapore.

Datacenter yields in Singapore soften as investor appetite grows

More yield benchmarks are expected as stabilised data centers hit the market.

Singapore flags context-based GenAI risks in global pilot

One of the key findings is that GenAI risks, such as hallucinations, content safety, and data leakage, are highly context-dependent.