GenAI

Disruption and Digitalisation

Electricity consumption by global data centres to double by 2030: Deloitte

Deloitte Global released its technology, media and telecommunications (TMT) 2025 predictions report on Nov 28.
Digital economy accounts for almost 20% of S'pore's GDP, more than that of the finance and insurance sector: IMDA - THE EDGE SINGAPORE

Digital Economy

Digital economy accounts for almost 20% of S'pore's GDP, more than that of the finance and insurance sector: IMDA

Almost 95% of SMEs in Singapore have adopted digital in cybersecurity, cloud, e-payment, e-commerce, data analytics and AI, a slight increase from 2022.

Artificial Intelligence

Without regulator buy-in, scaling AI in financial services will be an uphill battle

Rather than treating AI as new technology to regulate, regulators need to find ways to tackle risks.
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