The integrated insights from all power plants allow EGAT to predict asset failure and maintenance. Electricity Generating Authority of Thailand (EGAT), an agency that oversees the Thailand’s power security under the Ministry of Energy, announced today that it has expanded the use of AI-powered asset management solutions to all power plants. This includes…
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More than one IT leader has stated that they feel that SLAs are ‘pointless. Enterprise technology customers are currently dissatisfied with service-level agreements (SLAs) that accompany telecoms services, according to GlobalData. The leading data and analytics company notes that current SLAs are rooted in old-fashioned telco thinking and do not…
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LaMDA claims it has a consciousness. Google engineer Blake Lemoine has claimed he has had a conversation with a Google that shows it’s become sentient. In response to the claim Google has suspended Lemoine, according to several media outlets (https://amp.theguardian.com/technology/2022/jun/12/google-engineer-ai-bot-sentient-blake-lemoine). Lemoine has published the conversation he and a colleague had…
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Leading to a significant rise in the use of BPO providers. Half of current finance artificial intelligence (AI) deployments will be either delayed or cancelled by 2024, while the use of business process outsourcing (BPO) for AI will rise from 6 per cent to 40 per cent within two years,…
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National Digital Trust Centre and co-creates the future of AI standards and governance. Josephine Teo, Singapore’s Minister for Communications, and Information announced the launch of the Digital Trust Centre (DTC) to lead Singapore’s research and development efforts for trust technologies, and support talent development in this space. She highlighted that as technology evolves, new…
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Alleged anti-competitive conduct commenced in late 2017. The ACCC has instituted proceedings in the Federal Court against Mastercard Asia/Pacific Pte Ltd and Mastercard Asia/Pacific (Australia) Pty Ltd (together, Mastercard), for allegedly engaging in conduct with the purpose of substantially lessening competition in the supply of debit card acceptance services. Mastercard’s…
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Invites companies to pilot and contribute to international standards development. Singapore launches A.I. Verify – the world’s first AI Governance Testing Framework and Toolkit for companies who want to demonstrate responsible AI in an objective and verifiable manner. This was announced by Singapore’s Minister for Communications and Information Josephine Teo at the World…
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The primary goal is to prevent fraud and identify threats advance. Australia’s spending on AI systems will grow to $US3.6 billion in 2025, representing a compounded annual growth rate of 24.4 per cent for the period of 2020-25. Organisations have increased their investment in artificial intelligence (AI) to keep up…
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AI is being adopted in the healthcare industry to drive treatment innovation. New artificial intelligence (AI) solutions in the medical devices industry are driving the volume of M&A deals in the sector in 2022. Based on the current AI medical device M&A deal trends, the leading data and analytics company…
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This ethos shapes and guides the strategy of The Yield. Feed the world without wrecking the planet… This ethos shapes and guides the strategy of The Yield, a leading Australian agtech business which uses data and artificial intelligence (AI) to help its corporate customers to grow, distribute and sell more…
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