Bond.az White LogoBond.az Black Logo

Singapore in talks to introduce AI product 'nutrition labels'

Singapore discusses introducing 'nutrition labels' for AI products to indicate their uses and limitations, starting with a voluntary framework.

David Wilson
ByDavid Wilson- Senior Editor
|
0

Singapore is discussing plans with technology companies to introduce "nutrition labels" for AI products that would designate their intended uses and limitations, according to Digital Development and Information Minister Josephine Teo.

The labels would apply to consumer applications with AI features, similar to food or medicine labels, indicating the "right ways" and "not-so-correct ways" of using AI. Teo told Reuters that Singapore may start with a voluntary framework before deciding on next steps based on effectiveness.

The initiative would represent a global first in AI product labeling. Singapore is also developing testing frameworks and accrediting organizations to evaluate AI products, Teo said during the Asia Tech x Singapore Summit.

Singapore announced that it would host OpenAI's first Applied AI Lab outside the United States, with an investment exceeding $234 million. Google DeepMind also announced a partnership covering education, healthcare and scientific research after opening a new AI lab in the country in November.

At the ATX summit, Teo said Singapore aims to support 10,000 firms with AI adoption and expand usage across manufacturing, healthcare and finance sectors. The minister identified semiconductor equipment manufacturing as a key asset for building an AI hub.

More News
Yesterday / 13:03
|
368

Public Procurement Eased for Non-Residents

Azerbaijan is simplifying public procurement for non-residents. A new bill eases performance and advance guarantee requirements, removing obstacles for foreign suppliers.

0
Yesterday / 13:01
|
910

Import of non-food goods banned without conformity doc

Import of non-food consumer goods without conformity documents will be banned. New customs regulations ensure safety and support local industry.

0
Yesterday / 12:32
|
876

VAT Deposit to SSIF Transfer Now Possible

Azerbaijan allows transferring funds from VAT deposit accounts to the State Social Protection Fund. Details on the new bill.

0
Yesterday / 09:33
|
435

Penalties for online gambling tightened

Azerbaijani Parliament tightens penalties for online gambling. Virtual gambling, involvement of minors, and organized groups face stricter prison terms.

0
Yesterday / 08:00
|
230

Investment Expenditures Underperformed?

Finance Minister Sahil Babayev commented on the underperformance of investment expenditures last year.

0
Yesterday / 07:30
|
458

Parliament adopts budget execution law

Parliament adopted the law on the execution of the 2025 state budget. Budget revenues exceeded 39 billion manats.

0
Yesterday / 07:03
|
860

Oil prices drop: Brent at $72.26

Oil prices edge lower ahead of Iran-US talks in Doha: Brent at $72.26, WTI at $70.08.

0
Yesterday / 06:30
|
419

Sale of some bulbs banned in Azerbaijan

Starting July 1, Azerbaijan bans sale of incandescent bulbs between 25W and 60W under energy efficiency law.

0
Yesterday / 06:01
|
263

Azerbaijan oil price rises

Azerbaijan oil price jumps 1.66% to $75.6 per barrel. Latest news on Azeri Light crude oil price increase.

0
2026-06-29 22:00
|
619

Why Are Summer Fruits Not Getting Cheaper?

Summer fruits are not getting cheaper despite the season. Economist explains: weather and production costs.

0
2026-06-29 21:02
|
670

New apartments for disabled and martyr families in Yardimli

Yardimli district to provide 32 new apartments to disabled persons and martyr families, with 2.6 million manats allocated.

0
2026-06-29 18:01
|
219

938K manat for Baku school construction

Baku school No. 151 to be rebuilt. Construction and equipment cost 938,755 manat.

0
...