Banking and payments industry leads discussions on AI

Mastercard Inc has utilized AI to mitigate risks and secure payments Artificial intelligence (AI) has emerged as a prominent topic of discussion across various industries, with the banking and payments sector taking the lead in conversations during the second quarter of 2023, according to the Company Filings Analytics Database of…

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Corporate strategists embrace analytics, AI, and automation

More strategic planning, and execution could be automated for future success A recent survey conducted by Gartner, Inc., leading research, and advisory company, indicates that corporate strategists recognize the critical role of analytics, artificial intelligence (AI), and automation in achieving success over the next two years. With 79 per cent…

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Four critical areas for Legal leaders to address with AI

Navigating proposed regulations for large Language model tools As lawmakers worldwide propose regulations and guidance on large language model (LLM) tools such as ChatGPT and Google Bard, Gartner, Inc. has outlined four essential areas for general counsel (GC) and legal leaders to prioritize. These areas will help organizations prepare for…

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PeaCom launches AI-powered communication solutions

Reshaping the digital landscape in Southeast Asia PeaCom, an AI-powered start-up specializing in multi-channel communication and customer engagement solutions, has announced its official launch in Southeast Asia, beginning with Singapore, Vietnam, Myanmar, and Laos. The company aims to revolutionize the digital landscape by equipping businesses with innovative communication tools that…

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AI-powered generative value messaging revolutionizes sales

Establishing generative AI teams for enhanced sales messaging by 2025 In response to the growing demand for faster and more effective sales messaging, Gartner, Inc., a leading research and advisory firm, forecasts that 35 per cent of chief revenue officers (CROs) will establish generative AI operations teams within their go-to-market…

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First regulations on artificial intelligence

EU proposes regulations to ensure safe and responsible use of AI As part of its digital strategy, the European Union (EU) aims to regulate artificial intelligence (AI) to establish better conditions for the development and utilization of this innovative technology. AI has the potential to bring numerous benefits, including improved…

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Embracing AI as an organizational role

Human-machine learning loop ensures human feedback and judgement According to Gartner, building an AI-driven finance organization for the future requires a combination of technical and business skills that many finance teams currently lack. During the Gartner CFO & Finance Executive Conference, analysts discussed the importance of incorporating new AI-focused roles…

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The potential perils of generative AI

The risk of manipulating truth and undermining human rights In today’s digital age, the power to control information has shifted from the hands of traditional institutions to those who command artificial intelligence (AI). While George Orwell’s dystopian novel “1984” depicted the Ministry of Truth’s control over the past and present,…

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Investing in generative AI technologies in 2023

2 out of 3 organizations in Asia/Pacific are exploring or have invested According to a recent report by IDC, approximately 32 per cent of organizations in the Asia/Pacific region have expressed their commitment to investing in generative AI technologies. Additionally, 38 per cent of respondents are exploring use cases to…

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ChatGPT and the Future of AI in Hong Kong

Assessing the Impact: How ChatGPT Influences Industries and Labor Force Innovation and technology have become the driving forces behind high-quality economic development in Hong Kong. With the rise of artificial intelligence (AI) and its impact on various industries, the recent success of ChatGPT, an AI chatbot, has caught the attention…

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