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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Google engineer claims AI is sentient
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…
Read MoreFinance AI projects will be delayed or cancelled by 2024
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,…
Read MoreSingapore grows trust in the digital environment
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…
Read MoreSingapore launches world’s first AI testing framework
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…
Read MoreAustralia’s spending on artificial intelligence to double
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…
Read MoreInnovation in AI computing platforms for medical devices
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…
Read MoreAI-enabled robotic boat
Cleans up harbors and rivers of plastic. Open Ocean Engineering has developed ClearbotNeo – a sleek AI-enabled robotic boat that autonomously collects tons of floating garbage that otherwise would wash into the Pacific from the territory’s busy harbor. At just three meters long and pushed along by a solar battery-powered electric motor,…
Read MoreCSCOs turned to tech to get through COVID-19 disruptions
Leaders turn to data and new technologies to achieve it. A recent study from IBM and Celonis on supply chain resiliency, Chief Supply Chain Officers (CSCOs) recognize the critical role that hybrid cloud, AI, process mining and execution management play in helping them overcome the disruptions they’ve faced over the…
Read MoreArtificial intelligence spending to reach $US32 billion in 2025
The banking industry will continue to invest the most in AI solutions.. According to IDC’s latest Worldwide Artificial Intelligence Spending Guide, Asia/Pacific* spending on AI systems will rise from $US17.6 billion in 2022 to around $US32 billion in 2025. Businesses invest in artificial intelligence (AI) to gain a competitive advantage through…
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