artificial intelligence

Robots displacing jobs means 120m workers need retraining: poll

[NEW YORK] More than 120 million workers globally will need retraining in the next three years due to artificial intelligence's (AI) impact on jobs, according to an IBM survey.

Temasek-backed AI start-up SenseTime plans to triple staff in Singapore to 300 within 3 years

HONG KONG (BLOOMBERG) - SenseTime Group Ltd's valuation surpassed US$7.5 billion (S$10.38 billion) this year after securing investment from backers like SoftBank Group Corp, yet the world's...

Alibaba lands Singapore AI patent in record time

One of China's biggest e-commerce companies, Alibaba Group Holdings, has obtained an artificial intelligence (AI) patent in Singapore in just three months, a world record.

European blockchain firm Bitfury launches artificial intelligence unit

[NEW YORK] European blockchain company The Bitfury Group, valued recently at more than US$1 billion, has launched its artificial intelligence (AI) division, the company's top official told Reuters...

Singapore-backed AI startup Taiger wins US$25m from investors

[HONG KONG] Taiger, a Singapore-backed artificial intelligence (AI) startup whose clients include Bank of America, AIA Group and Banco Santander, has raised US$25 million of funding for its...

Robots will help, not replace humans: OCBC CEO

AMID an era of driverless cars and humanoid robots, there is "no reason" for humans to be fearful of artificial intelligence (AI), said OCBC's chief executive officer Samuel Tsien.

What Singapore businesses need to get ahead in the AI race

IT'S no secret that artificial intelligence (AI) has the potential to transform the way we live, work and play. In fact, it's already happening all around us in Singapore, from chatbots being...

SGInnovate, RB Capital back AI startup Prowler.io’s US$24m funding round

BRITISH artificial-intelligence (AI) firm Prowler.io has raised US$24 million from strategic investors including SGInnovate, the Singapore government's innovation platform, and Singapore-based RB...

Temasek unit launches start-up to bring AI, cloud to companies

SINGAPORE (BLOOMBERG) - ST Telemedia, a unit of Singapore state investment firm Temasek Holdings, has set up a start-up to help Asian companies adopt artificial intelligence and cloud technologies...

Singapore-based AI start-up 6Estates completes Series B funding

SINGAPORE - Singapore-based artificial intelligence (AI) start-up 6Estates has completed a Series B funding round, led by Indonesia-focused GDP Venture and participated in by Central Capital...