MAS Releases AI Risk Toolkit as Generative and Agentic AI Gain Ground

MAS Releases AI Risk Toolkit as Generative and Agentic AI Gain Ground

Free Newsletter Get the hottest Fintech Singapore News once a month in your Inbox The Monetary Authority of Singapore (MAS) has worked with 24 financial institutions, alongside other industry partners, to develop a toolkit for managing AI risks across the financial sector. The toolkit marks the conclusion of phase two of Project MindForge and is…

Reimagining education: Balancing AI tools with human creativity

Reimagining education: Balancing AI tools with human creativity

Antecedents of pedagogy in teaching go back to the prehistoric era, with the pictorial mode being the channel to exchange ideas or transfer knowledge. If we scan through the annals of the Eastern concept of management and go back to the techniques of imparting education in the Ramayana and Mahabharata, we discover that it was…

Using your AI chatbot as a search engine? Be careful what you believe

Using your AI chatbot as a search engine? Be careful what you believe

Generative AI relies on huge bodies of text, from which it measures the odds of words appearing next to each other. Photo: 123rf During the first world war, the British government was looking for ways to help people stretch their limited food supplies. It found pamphlets from a noted 19th-century herbalist who said rhubarb leaves…

Crimson Desert admits it used generative AI for “early-stage iteration” and apologises AI images were not replaced before release

Crimson Desert admits it used generative AI for “early-stage iteration” and apologises AI images were not replaced before release

Crimson Desert developer Pearl Abyss has responded to claims its latest game used AI to generate images, admitting “2D visual props were created as part of early-stage iteration using experimental AI generative tools”, but claims it had always intended to replace them before release. We reported signs of AI-generated art and AI-generated translation in Crimson…

AT&T Tests AI App To Cut Costs And Deepen Customer Relationships

AT&T Tests AI App To Cut Costs And Deepen Customer Relationships

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. AT&T (NYSE:T) has launched a new AI powered customer app and a suite of digital tools aimed at improving customer experience and internal efficiency. The rollout focuses on simplifying digital interactions, expanding self service…

‘We Should Have Clearly Disclosed Our Use of AI’: Crimson Desert Dev ‘Sincerely Apologises’ for Erroneously Including AI Art in PS5 Game

‘We Should Have Clearly Disclosed Our Use of AI’: Crimson Desert Dev ‘Sincerely Apologises’ for Erroneously Including AI Art in PS5 Game

Crimson Desert dev Pearl Abyss has released a groveling apology after generative AI assets were discovered in the enormous PS5 open world game. In a statement posted to X (or Twitter) moments ago, it explained that it used the technology to help “explore tone and atmosphere” but always intended to replace them with art created…