News
Singapore forms Tripartite Jobs Council to help workers and businesses navigate AI disruption
6+ day, 3+ hour ago (14+ words) It will coordinate upskilling efforts, enterprise AI adoption and transition support across worker segments...
AI transition must safeguard and empower workers, support firms: Ng Chee Meng
23+ hour, 29+ min ago (708+ words) AI can raise productivity, unlock new possibilities and strengthen country's competitiveness if used well, says labour chief...
Singapore's AI transition need not pit workers against businesses, says Tan See Leng
1+ hour, 37+ min ago (951+ words) MPs call for AI adoption to be linked to job redesign and worker outcomes; government vows no worker will be left behind [SINGAPORE] Unlike in many other countries where artificial intelligence has become a source of conflict between workers and…...
Thailand approves 958 billion baht of investment projects, including from Tik Tok
4+ hour, 9+ min ago (201+ words) [BANGKOK] Thailand has approved six major projects worth a combined 958 billion baht, or US$29 billion, its investment board said on Wednesday (May 6). The approvals include a large-scale data infrastructure expansion by a local unit of Tik Tok valued at 842 billion…...
China's chip fund in talks to lead Deep Seek funding: FT
5+ hour, 10+ min ago (332+ words) The Big Fund is a backer of some of the country's largest chip players [HONG KONG] China's main chip-sector investment fund is in discussions to lead a fundraising round for Deep Seek at a valuation of about US$45 billion, the…...
Singapore-based Crypto. com lays off 12% of staff, third cut in four years
1+ mon, 2+ week ago (112+ words) The hardest hit departments include growth and customer relationship management...
Embrace AI or get left behind: Job cuts sweep through crypto firms
6+ hour, 36+ min ago (806+ words) Bitcoin is down about one-third since hitting a peak in October [LONDON/PORTLAND] A spate of AI-tinged job cuts at crypto and payments companies has brought up a curious question for analysts and investors: how does one assess whether the…...
Anthropic unveils AI agents to field financial services tasks
10+ hour, 14+ min ago (569+ words) The Claude maker now has more than 300, 000 business customers who use its technologies to automate parts of their work [SAN FRANCISCO] Anthropic PBC unveiled a set of new artificial intelligence agents designed to handle a broader mix of financial services…...
If AI is a public good, nationalisation should be considered
13+ hour, 20+ min ago (146+ words) ARTIFICIAL intelligence could well prove to be the most profoundly consequential technology in human history. It is already challenging long-held notions of intelligence and creativity, promising to hasten scientific progress, and raising uncertainties about the future of jobs. In these…...
Blackstone, KKR in talks with Google to bring AI models to portfolio firms
5+ hour, 55+ min ago (707+ words) Some firms have considered deals with more than one AI firm [NEW YORK] Blackstone and KKR are in talks with Alphabet to give the companies they own access to Google's artificial intelligence models, according to sources familiar with the matter....