Innovation
Aviation must adopt F1’s innovation speed, says SATS CEO Kerry Mok
[SINGAPORE] The aviation industry must change more quickly and adopt the relentless, “race-by-race” innovation cycle seen in Formula 1 (F1) if it hopes to survive a deepening manpower crisis,...
What happens to Roombas now that the company has declared bankruptcy?
Roomba maker IRobot filed for bankruptcy and will go private after being acquired by its Chinese supplier Picea Robotics.Founded 35 years ago, the Massachusetts company pioneered the development of...
Temasek-backed Xora Innovation leads US$46 million funding in Vinci
[SINGAPORE] Vinci, the brain behind a physics-driven artificial intelligence (AI) platform for hardware design and simulation, raised US$46 million in seed and Series A funding, it said on Tuesday...
Trump signs ‘Genesis Mission’ order to boost innovation with AI
[WASHINGTON] US President Donald Trump signed an executive order on Monday (Nov 24) establishing the “Genesis Mission”, a federal effort to boost innovation using artificial intelligence (AI), the latest...
HSBC brings startup-focused Innovation Banking to Singapore, allocates US$1.5 billion to finance high-growth companies
The lender will execute a go-to-market strategy that covers both entrepreneurs and venture capital firms[SINGAPORE] HSBC on Wednesday (Oct 29) launched Innovation Banking in Singapore, targeting startups and venture...
Singapore aims to be ‘trusted enabler’ of quantum innovation: Josephine Teo
The minister notes that the Republic is moving from theory to application when it comes to quantum computing[SINGAPORE] Singapore aims to be a “trusted enabler of innovation” and a...
ST Engineering to hire more cybersecurity experts as it launches new innovation hub
[SINGAPORE] ST Engineering is looking to recruit more cybersecurity experts as it launches a new facility to spur innovation and develop talent, focused on developing cybersecurity solutions driven by...
AI chatbot safety bills under threat as Newsom ponders restrictions tech groups say would hurt California
California lawmakers want Gov. Gavin Newsom to approve bills they passed that aim to make artificial intelligence chatbots safer. But as the governor weighs whether to sign the legislation...
Tata Consultancy Services aims to hire 50 fresh graduates to support new innovation centre
[SINGAPORE] Indian consulting giant Tata Consultancy Services (TCS) intends to hire 50 fresh graduates from local universities across different fields to support its innovation centre focused on artificial intelligence...
Alibaba Cloud launches global AI innovation hub in Singapore, two data centres in Malaysia, Philippines
[SINGAPORE] Alibaba’s cloud computing arm on Wednesday (Jul 2) launched a global artificial intelligence (AI) innovation hub in Singapore, which will support over 5,000 businesses and 100,000 developers globally....