India and South Korea militaries lead the drive in Asia. Most militaries across the globe are transitioning their training to simulators to address personal safety challenges. In fact, the global military simulator systems market is anticipated to grow by 55 per cent in 2030, as compared to the current year’s market value. The modernisation of armed forces and the induction of increasingly sophisticated…
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Spending to reach US$4.29 billion by 2024. The spending on AI by the financial services sector in Asia Pacific is estimated to grow at a compound annual growth rate (CAGR) of 22.1 per cent in the 2019–2024 period to reach US$4.29 billion in 2024. Currently, the financial services spending in…
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Committed US$1.4 trillion to state program supporting R&D in key enabling technologies. China has set up a US$1.4 trillion state program that will support R&D in key enabling technologies over the next five years to rid itself of dependency on the US. These include semiconductors, artificial intelligence (AI), robotics, 5G…
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United Nations publishes guidance to combat racial profiling in AI. The United Nations Committee on the Elimination of Racial Discrimination has published its guidance to combat racial profiling, emphasising, among other issues, the serious risk of algorithmic bias when artificial intelligence (AI) is used in law enforcement. The Committee on…
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Newly released paper demonstrates helps to address problems with AI bias. With companies increasingly using AI for decision making in everything from pricing to recruitment, addressing the problem of algorithmic bias explores how these decision-making systems can result in unfairness. A recently released technical paper demonstrates how businesses can identify algorithmic bias…
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UN says companies in the region are looking towards space for sustainable development. Asian and Pacific nations are leveraging space technology and geospatial information to respond to challenges on the ground, including in their efforts to contain the spread and mitigate the impact of the coronavirus pandemic, according to a recently…
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Using data and AI to identify potential black spots on roads for early intervention. Transport for NSW which has conducted a Proof of Concept harnessing big data and machine learning to identify potentially dangerous road intersections, allowing preventive measures to be taken before crashes happen. The Enterprise Data & Analytics…
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AI chatbot to help Chinese paitents improve knowledge for better self-management. Healthcare company, Novo Nordisk plan to develop a Chinese-speaking, AI chatbot for diabetic patients. Combining Novo Nordisk’s expertise and experience in diabetes care, and Microsoft’s Azure cloud platform and AI services, the companies will collaborate to deliver an AI…
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High expectation on returns in voice technology investment. Australian businesses are well-positioned to lead in the future of voice, but there’s more to be done to make this a reality, states professional services company Cognizant in its recent Future of Voice Report. The research shows that Australian businesses are in a strong…
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New technology executive hires for communications service provider in Malaysia. Malaysian communications company Maxis has announced its Chief Technology and Information Officer (CTIO), Morten Bangsgaard resigned from his position and will be leaving Maxis at the end of the year, to pursue a new opportunity elsewhere. Morten has held the…
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