Generative AI
AI that can create texts, images, and other kinds of media through prompts.
Meta plans to launch incubator programme to boost AI exploration
                                                                                 
                    
                    It also launched an accelerator programme across Asia Pacific.
                
                                
            Meta plans to launch incubator programme to boost AI exploration
                                                                                                                 
                            
                            It also launched an accelerator programme across Asia Pacific.
                        
                                                
                        
    
                    MAS, IBF working on gen AI job impact map
                                                                                                 
                        
                        Separately, the IBF has given out skills badges to 3,000 professionals.
                    
                                        
                    
                Singapore leads global GenAI business adoption, customer trust trails behind
                                                                                                 
                        
                        Whilst 59% of Singapore businesses use GenAI, only 23% of customers see it boosting their trust.
                    
                                        
                    
                MinLaw introduces AI module with Lupl for SG law firms
                                                                                                 
                        
                        This allows legal professionals to focus on higher-value work.
                    
                                        
                    
                8 in 10 Gen Zs interested in generative AI use: study
                                                                                                 
                        
                        About 43% of them have already used AI for shopping.
                    
                                        
                    
                8 in 10 Gen Zs keen on AI for enhanced banking, retail experience
                                                                                                 
                        
                        About 43% of them have already used AI for shopping.
                    
                                        
                    
                DBS rolls out gen AI assistant to customer service workforce
                                                                                                 
                        
                        CSO assistant is expected to benefit its over 500 CSO staff in Singapore.
                    
                                        
                    
                Real-time data needed for proper AI adoption
                                                                                                 
                        
                        Businesses are struggling to integrate new data sources, amongst others.
                    
                                        
                    
                4 in 5 businesses say generative AI adds value: study
                                                                                                 
                        
                        Meanwhile, some of the respondents are uneasy about its future.
                    
                                        
                    
                How governments can seize the GenAI opportunity
                                                                                                 
                        
                        Generative AI (GenAI) took the world by storm, mainly with the release of ChatGPT in late 2022. This next generation of artificial intelligence (AI) can generate content — such as text, images and videos — across domains without much data or human guidance, based on a given prompt or context.
                    
                                        
                    
                Singapore lags in AI integration despite consumer preference: study
                                                                                                 
                        
                        AI bias in the city-state significantly more than the global average
                    
                                        
                    
                SGTech unveils GenAI guide for businesses
                                                                                                 
                        
                        The guide is an initiative to respond to Singapore's National AI Strategy 2.0.
                    
                                        
                    
                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.
                    
                                        
                    
                Singapore learners’s demand growing in AI skills and STEM education: study
                                                                                                 
                        
                        AI and machine learning developments are in demand for learners.
                    
                                        
                    
                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.
                    
                                        
                    
                 
            	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                             
                             
                     
                             
                             
                     
                             
                             
                     
                             
           
                                 
                                 
                                 
               
                                     
                                     
                                     
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
                 
                 
                 
                 
                 
                 
                