AI

The new products run on LG's own AI platform called Deep ThinQ, which improves itself according the behavioral patterns and habits of the users.

The Department of Trade and Industry (DTI) has set the wheels in motion for the crafting of the country’s artificial intelligence (AI) sector roadmap to position the Philippines as an AI powerhouse in the Asean region.

Based on the investment figures in 2019, the gulf between the United States and China will continue to get wider, with the US share expected to reach 70%.

In 2019, Asia-Pacific spending on AI systems will be led by the banking industry with 10.7% share of the total, followed by retail with a 10.2% share.

DepEd secretary Leonor Briones said the rise of AI has changed the way people learn as educational materials have become accessible to all through smart devices and computers.

Based on the AI development in 17 vertical markets, analyst firm ABI Research estimates that the edge AI chipset market will grow from $2.6 billion in 2019 to $7.6 billion by 2024, with no vendor commanding more than 40% of the market.

Tongdun Technology said it has strengthened its partnership with BPI to help offer more digital banking solutions, in particular to unbanked communities in the country.

Demand for freelance jobs related to artificial intelligence (AI) is growing rapidly, according to Freelancer.com’s Fast 50 Report for the second quarter of 2019. These jobs include machine learning, statistical analysis, and data processing.

An AI task force composed of seven agencies will be drafting the road map.

DTI secretary Ramon Lopez said AI can become a great equalizer wherein educated, highly skilled, and highly motivated young Filipinos can make their mark.