SINGAPORE-HEADQUARTERED UNO Digital Bank and Trusting Social, an artificial intelligence (AI) fintech company, recently announced a strategic partnership to unlock credit access to Filipino consumers. By offering a frictionless and friendly lending experience, the partnership aims to empower traditionally underserved citizens and bring them into the formal financial ecosystem. The strategic partnership would leverage Trusting Social's expertise in AI-led customer onboarding solutions, including credit scoring. UNO's new digital banking platform could help build a more financially inclusive banking landscape in the Philippines. Manish Bhai, chief executive, UNO Digital Bank discussed with The Manila Times how the partnership with Trusting Social would allow unbanked Filipinos access to formal lending services. The Manila Times (TMT): Please describe the business of UNO Digital Bank and its presence in the Philippines (if any).

… adding that with machine learning and artificial intelligence capabilities handling manual work, PLDT and Smart’s engineers could focus on …

… it could help IT teams quickly surface and resolve issues from infrastructure and applications to data and machine learning systems.

Fortinet (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, announced FortiAI, a first-of-its-kind on-premises appliance that leverages self-learning Deep Neural Networks (DNN) to speed threat remediation and handle time consuming, manual security analyst tasks. FortiAI's Virtual Security Analyst embeds one of the industry's most mature cybersecurity artificial intelligence – developed by Fortinet's FortiGuard Labs – directly into an organization's network to deliver sub-second detection of advanced threats. While traditional cyber threats continue, sophistication of advanced attacks – often enabled by artificial intelligence, machine learning and open source communities – are increasing. As a result, organizations and their defenses are challenged to keep pace with threat evolution. Millions of new applications, growing cloud adoption and the increase in connected devices are creating billions of edges that security teams need to properly protect and manage.

JERUSALEM: Leading US chip manufacturer Intel Corp. has acquired Israeli artificial intelligence (AI) company Habana Labs for about $2 billion, both companies announced Monday. Habana Labs is an AI processor company founded in 2016 and headquartered in the coastal city of Tel Aviv. After the acquisition, Habana will remain an independent business unit and will continue to be led by its current management team. "The combination strengthens Intel's AI portfolio and accelerates its efforts in the nascent, fast-growing AI silicon market, which Intel expects to exceed $25 billion by 2024," Intel said. "We are excited to partner with Intel to accelerate and scale our business. Together, we will deliver our customers more AI innovation," said David Dahan, chief executive officer of Habana.

Over the last few years, organizations have been building development operations (DevOps) teams to improve application development for the cloud and to enhance business agility. This trend is seeing a sharp rise especially in APAC markets, according to a Forrester report, DevOps is gaining momentum in markets such as Japan, China, India, South Korea and Singapore, as businesses believe it is key to catching up with the digital transformation wave and improve their business. Digital transformation being a journey, organizations strive to build sustenance and have a seamless business continuity, but DevOps teams often find lack of transparency due to disparate tools and data impeding this objective. This calls for a continuously evolving system with application of logic and reasoning (AIOps) in identifying and fixing problems. The value of AI, machine learning Artificial Intelligence (AI) in the recent times show the value, automation could bring to business processes and decision-making.