Search results for GovTech
AI & Enterprise
AI bubble fears sweep tech, boosting open-weight AI
Concerns about excessive investment in AI infrastructure weighed on tech markets, pushing down AI-related stocks, while Apple, seen as investing less in AI, reached a $5 trillion market value after Nvidia. Some observers warn today’s AI data-centre shortages could turn into long-term overcapacity that shocks equities, with investors shifting toward U.S. Treasuries. The report also cites slowing revenue growth at Anthropic and increased moves by U.S. firms into open-weight AI models.
AI & Enterprise
Global security firms step up Korea push, expand infrastructure amid AI hacking
Global security companies are speeding up efforts to target South Korean firms seeking to address new threats linked to the spread of AI, including moves to build service infrastructure in Korea. Cisco is operating a Secure Access Korea point of presence, while Palo Alto Networks Korea is expanding cooperation with local firms, running training programmes and teaming up on frontier-AI threats. The report also lists other security industry moves and recent hacking and inspection figures in finance.
AI & Enterprise
Google DeepMind develops Singapore-tailored scam detection AI model that runs on device
Google DeepMind said it has developed an on-device scam detection AI model with Singapore\'s Government Technology Agency, GovTech Singapore. The work is part of a national AI partnership between DeepMind and the Singapore government. DeepMind fine-tuned its lightweight Gemma model on local scam conversation data, including impersonation of public agencies, banks and local celebrities. The model analyses chats on the device and can display real-time warnings before money transfers or sharing sensitive information.
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Telecommunications & Media
Singapore pilots dating platform for civil servants amid 0.87 fertility rate
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AI & Enterprise
Science ministry seeks entrants for govtech startup competition with 70 million won in prize money
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AI & Enterprise
MSIT to back GovTech startups to pilot private AI for public sector issues
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AI & Enterprise
MSIT invites applications for GovTech AI pilot support programme worth 3.24 billion won
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AI & Enterprise
Wello donates 2 million won from local festa to Beautiful Store