Singapore’s A*STAR exploring new energy, AI solutions with Seatrium
Seatrium's latest collaboration with Singapore's A*STAR will combine their strengths to revolutionize the offshore and marine sector, using generative AI along the process.
Seatrium's latest collaboration with Singapore's A*STAR will combine their strengths to revolutionize the offshore and marine sector, using generative AI along the process.
Singapore now requires virtual asset service providers (VASPs) to file for a license within a month or face shutdown, even in cases where they don’t come into possession of the digital tokens.
With the evolution of the payments industry, Grab has expanded its payment options to include five digital currencies, offering users in Singapore more efficient and smoother transactions.
Singapore’s Members of Parliament said that the rapid adoption of AI may lead to job losses, particularly expressing concern about entry-level roles in coding and customer service.
Financial hub Singapore looks to become the leader in emerging technologies, including AI, in Southeast Asia, allocating $1 billion to drive AI innovation and future-proof the local economy.
Dubbed SEA-LION, the artificial intelligence model is designed to be an alternative to mainstream AIs and is trained with data from 11 local languages, including Bahasa Indonesia, Vietnamese, and Thai.
Dubbed the Model AI Governance Framework for Generative AI, Singapore's proposed rules build on the provision of the existing Model Governance Framework rolled out in 2020.
The proposed bill gives the Singapore central bank the power to issue written directions on minimum standards for companies that offer ‘unregulated products’ such as BTC futures.
One outlet reports that the 3AC co-founder is set to be released this month after he was arrested in September and sentenced to four months in prison.
The Monetary Authority of Singapore and People's Bank of China have signed the MOU to allow Chinese and Singaporean tourists to utilize cross-border payments with digital currencies in both countries.
Deputy PM Lawrence Wong has unveiled the National AI Strategy 2.0, noting that the government's efforts have placed 2,700 AI experts in "good jobs" to date.
The Monetary Authority of Singapore is proposing stricter digital currency guidelines to regulate Digital Payment Token service providers and protect retail investors from unsafe activities.