In Case You Missed It

Business and tech news round-ups



OECD Says Global Economic Outlook ‘Slightly Better’ for 2023, but Inflation Risks Linger

According to the Organisation for Economic Co-operation and Development (OECD) Secretary-General Mathias Cormann, the global economic outlook is ‘slightly brighter’ this year, but inflation challenges remain. However, he also stated that energy and food prices are substantially lower than they were at their peaks.




Baidu Says Its Alternative to ChatGPT Is Coming to the Public in March

Chinese multinational tech company Baidu has announced that its artificial intelligence product, Ernie bot, is set to open to the public in March. The news follows the rise in popularity of ChatGPT, which jumped to 100 million users just two months after launching.




EU Economy to ‘Narrowly’ Avoid a Recession as Inflation Peak Passes, Brussels Projects

In its latest forecast, the European Commission stated that the European Union's economy is set to ‘narrowly’ avoid a recession this year as inflation softens and gas prices continue to decline, paving the way for better-than-expected economic performance. 




Everything You Wanted to Know About AI – But Were Afraid to Ask

Keep yourself up to date with the current state of artificial intelligence, from the different types of AI to understanding what deep fakes are.




Singapore Records Highest Fintech Funding in Three Years Amidst a Global Slowdown

KPMG’s Pulse of Fintech H2 ’22 report reveals that fintech investments in Singapore last year saw a three-year high of US$4.1 billion across 250 deals. The global fintech market meanwhile attracted US$164.1 billion across 6,006 deals in 2022.