The Business Times
business-time-50
CIO CORNER
·
SUBSCRIBERS

AI powers on despite global uncertainty

Its potential to generate sustainable earnings in a volatile market could make it the next big thing

Summarise
google-preferred-sourceAdd BT as a preferred source
    • In the first quarter of this year, 87% of S&P 500 companies in the IT and communication services sectors reported better-than-expected earnings.
    • In the first quarter of this year, 87% of S&P 500 companies in the IT and communication services sectors reported better-than-expected earnings. PHOTO: AFP

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Lui Chee Ming

    Published Tue, May 27, 2025 · 06:05 PM

    THE artificial intelligence (AI) machine maintains its upward momentum with growing adoption across multiple sectors, despite tariff uncertainty and geopolitical tensions taking centre stage.

    A Bain & Company survey found that 95 per cent of US companies are using generative AI, with production use cases doubling in just one year. In addition, more than 80 per cent of the use cases met or exceeded expectations.

    Momentum in not just the private sector

    In a historic first, the US Food and Drug Administration (FDA) announced that it would scale up the use of AI internally across all its centres by end-June, following the completion of a pilot for scientific reviewers.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    CIO CornerArtificial Intelligence

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    (From left) Tran Thanh Man has been re-elected as chairman of the National Assembly; To Lam has been elected state president; Le Minh Hung has been appointed prime minister; Tran Cam Tu is the standing member of the Party’s Secretariat.

    Vietnam formalises new state leadership, redefining ‘four pillars’ power balance

    S&P forecasts that CICT’s annual adjusted revenue will increase by 5 to 6 per cent in 2026-2027 with contributions from Paragon.

    ‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition

    Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

    From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

    Allen & Gledhill partner Dinesh Dhillon led the legal team representing Kiri Industries throughout the decade-long dispute.

    Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More