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Technology - Coggle Diagram
Smart city technology
Singapore uses IoT devices like smart lampposts to collect data on air quality, pedestrian flow, and provide services such as Wi-Fi, showcasing its smart city efforts.
Artificial intelligence
Singapore uses AI chatbots like Ask Jamie in government services to quickly answer public queries, reflecting AI’s role in various sectors.
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Benefits of technology
- Technology boosts global communication via platforms like WhatsApp and Zoom, enhances efficiency through automation and AI in industries, and improves healthcare with advanced diagnostics and robotic surgeries.
- Technology offers access to education through online platforms and AI tutors, while Singapore’s Smart Nation initiatives use tech for cashless payments, traffic management, and seamless services to improve urban living.
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Trends in Singapore
Singapore is establishing a unified payments entity to streamline national payment systems for better security and innovation. The country is adopting advanced autonomous AI agents to boost efficiency, and its fintech sector is growing rapidly, highlighted by major investments like Atome Financial’s $80 million credit facility.
Global news
OpenAI’s board denies any takeover bid from Elon Musk, calling his moves disruptive. Foxconn seeks collaboration with Nissan, not acquisition. Samsung plans to boost battery life with 6,000mAh technology in its upcoming Galaxy S26 smartphones.
Singapore news
Atome Financial secured $80 million to expand in Southeast Asia. Xiaomi plans two new Singapore stores in 2025. Despite a 56% drop in tech funding to $2.1 billion in 2024, Singapore remains the 11th highest-funded country globally.