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Home Monthly Roundup Singapore AI News Roundup March 2023

Singapore AI News Roundup March 2023

Know more about the latest AI news in Singapore for the entire month of March 2023 only here at SGBusinessTalk. 

From brain waves, this AI can sketch what you’re picturing

Researchers have developed a new artificial intelligence (AI) system that can create sketches based on brain signals, according to a study published in the journal “Scientific Reports.” The system uses an electroencephalogram (EEG) to monitor a person’s brain activity while they look at images of objects. The AI then analyzes the brain signals to create a rough sketch of the object in question. The system has the potential to help people with disabilities communicate, as well as improve our understanding of how the brain processes visual information. The researchers hope to refine the system, making it more accurate and adaptable to different individuals.

Read more: https://www.nbcnews.com/tech/tech-news/brain-waves-ai-can-sketch-picturing-rcna76096


Salaries of software engineers in Singapore hit record high; demand for AI skills to rise in the tech sector

According to a recent job search engine Indeed report, Singaporean software engineers earned record salaries in 2022. The average salary for software engineers in the city-state was SGD 102,646 (US $75,917), a 7% increase from the previous year. This wage rise was driven by the high demand for skilled tech workers, particularly those with artificial intelligence (AI) expertise. Experts predict that the need for AI skills will only increase in Singapore’s tech sector as more companies look to implement AI solutions to improve their operations and stay competitive. This trend is expected to result in even higher salaries and greater competition for top tech talent in the future.

Read more: https://www.straitstimes.com/business/software-engineers-in-s-pore-made-record-salaries-last-year-demand-for-ai-skills-to-rise-in-tech-sector


AI Capital Launches Singapore Flagship Fund Investing in Companies Leveraging AI for Growth

singapore buildings

AI Capital Management has recently launched a flagship fund in Singapore to invest in companies that leverage AI to enhance their growth. The fund will offer investors access to AI-related investment opportunities across various sectors, such as healthcare, finance, and logistics. The fund will employ an active investment approach, utilizing deep learning algorithms to identify the most promising companies to invest in. AI Capital Management has been focusing on AI-related investments since its establishment. This new fund is expected to attract a wide range of investors interested in the potential of AI technology to drive growth in various industries.

Read more: https://www.hubbis.com/news/ai-capital-launches-singapore-flagship-fund-investing-in-companies-leveraging-ai-for-growth


Publicis Groupe Is Teaching Students at Singapore Management University How to Create with AI

Publicis Groupe, a global marketing and communications company, has partnered with Singapore Management University (SMU) to offer a series of workshops and courses on AI for students. This initiative aims to teach students how to use AI tools to create effective marketing and advertising campaigns. The classes will cover various topics, including AI data analysis, chatbot development, and machine learning. The partnership with SMU is part of Publicis Groupe’s more considerable effort to integrate AI and other emerging technologies into its operations. This initiative also reflects the increasing demand for AI skills in advertising and marketing. The workshops and courses are expected to help students acquire the skills needed to succeed in this rapidly evolving field.

Read more: https://www.lbbonline.com/news/publicis-groupe-is-teaching-students-at-singapore-management-university-how-to-create-with-ai


ProfilePrint is Using AI to detect food quality

Researchers from Australia’s national science agency, the Commonwealth Scientific and Industrial Research Organisation (CSIRO), have developed a new artificial intelligence (AI) method to detect food quality. The AI system analyzes the X-ray images of food items and determines their internal structure, providing valuable insights into their quality and freshness. This technology has been tested on various food products, such as chicken, fish, and beef, and has shown promising results. The researchers hope this technology will be used in the food industry to reduce food waste and ensure food safety.

Read more: https://www.foodprocessing.com.au/content/processing/news/using-ai-to-detect-food-quality-1584434033

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Disruptive IoT and AI solutions underpin maritime’s ESG sustainability goals

A new report has highlighted the growing role of the Internet of Things (IoT) and Artificial Intelligence (AI) in driving sustainability efforts in the maritime industry. The report shows that companies in the industry are increasingly using IoT and AI solutions to monitor their environmental impact and improve their sustainability. IoT sensors and other technologies are being used to gather data on everything from fuel consumption and engine performance to waste management and air quality. These can then be analyzed using AI algorithms to identify areas where efficiency can be improved and emissions reduced. The report also highlights the role these technologies can play in helping the industry meet its sustainability targets, such as reducing greenhouse gas emissions and improving air quality in port cities. As the maritime industry continues to embrace new technologies, it is clear that IoT and AI will play an increasingly important role in driving sustainability and helping companies to achieve their environmental goals.

Read more: https://www.rivieramm.com/news-content-hub/news-content-hub/disruptive-iiot-and-ai-solutions-underpin-maritimes-esg-sustainability-goals-75292


Bot MD powers data collection, enhances doctor experience in Indonesia

An Indonesian health tech startup, Bot MD, uses Artificial Intelligence (AI) to help doctors collect patient data and enhance their medical experience. The startup, founded in 2018, developed a chatbot-based assistant to collect information on patient’s health conditions, allowing doctors to spend more time with patients and make more informed decisions. Doctors in Indonesia have welcomed the AI-powered chatbot and have received positive feedback. Bot MD’s software is being used in several hospitals across Indonesia. The startup plans to expand its reach in the country’s healthcare industry while exploring opportunities to expand to other Southeast Asian countries.

Read more: https://www.healthcareitnews.com/news/asia/bot-md-powers-data-collection-enhances-doctor-experience-indonesia


Tech Data partners with Simplifai to offer innovative AI solutions in the Asia Pacific and Japan region

Tech Data, a global distributor of technology products, has partnered with Simplifai, a Norwegian AI company, to offer innovative AI solutions in the Asia-Pacific and Japan (APJ) region. Under the partnership, Tech Data will be able to expand its portfolio of AI solutions and provide its customers in the area with Simplifai’s AI automation and chatbot software. The partnership will also help Simplifai establish its presence in the APJ market and gain access to Tech Data’s vast customer base. Simplifai’s software can automate manual processes and reduce costs, making it an attractive solution for regional businesses. The partnership is part of Tech Data’s strategy to strengthen its position as a leading technology distributor in the APJ market and support its customers in their digital transformation journey.

Read more:  https://www.businesswire.com/news/home/20230313005342/en/Tech-Data-partners-with-Simplifai-to-offer-innovative-AI-solutions-in-the-Asia-Pacific-and-Japan-region


Why Trip.Com Thought It Needed a Generative AI Chatbot

China’s online travel booking giant Trip.com announced the launch of a new app feature called “TripLite,” which aims to provide travel products to users with limited bandwidth or storage space on their mobile devices. The company said this new app feature is designed for the needs of emerging markets where users need more access to high-speed internet or insufficient storage space on their mobile devices. The new feature has a file size of less than 1 MB and will allow users to book flights and hotels and access destination guides and travel tips. Trip.com said that TripLite was developed based on the company’s research and feedback from users in emerging markets.

Read more: https://finance.yahoo.com/news/why-trip-com-thought-needed-113000089.html


Singapore approves Aevice Health’s wearable stethoscope for respiratory monitoring


Singapore’s Health Sciences Authority has given regulatory approval to Aevi Health’s wearable stethoscope device, which can monitor respiratory health remotely. The device was designed to help healthcare providers detect respiratory conditions and track patient progress, particularly during the COVID-19 pandemic. The stethoscope can capture high-quality recordings of respiratory sounds, which AI algorithms can then analyze to detect abnormalities in breathing patterns. The device’s approval is a significant step for Aevi Health, which plans to market its wearable stethoscope in domestic and international markets.

Read more:  https://www.mobihealthnews.com/news/asia/singapore-approves-aevice-healths-wearable-stethoscope-respiratory-monitoring


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