The Indian government has backed away from plans to require government approval before AI services go live.
The plan, announced in early March, was touted as India grapples with what the Ministry of Electronics and Information Technology describes as the “inherent fallibility or unreliability” of AI.
But last Friday, the department issued a widely publicized update that removed the requirement for government permission and added obligations for AI service providers. New requirements for AI operations in India include labeling deepfakes, preventing model bias, and notifying users about model limitations. AI shops must also avoid producing and sharing illegal content and must inform users of the potential consequences of using AI to create illegal content.
The first ban was quickly explained by Rajeev Chandrasekhar, Minister of State for Entrepreneurship, Skills Development, Electronics & Technology, who said it only applies to Big Tech – this is an Because they need to get recognition for their efforts, which is a reflection of his role in boosting companies and what would otherwise have been underserved.
– Simon Sherwood
Raimondo goes on Chip Boost Asia tour
U.S. Secretary of Commerce Gina Raimondo visited the Philippines and Thailand last week, using the opportunity to promote the two countries' potential roles in the semiconductor supply chain.
“This is a critical time as the United States seeks to diversify its supply chain, and both the Philippines and Thailand offer many opportunities to assist us,” Raimondo said at a press conference. Ta.
The Secretary of Commerce announced investments by American companies in the Philippines.
“In the first Presidential Trade and Investment Mission to the Philippines, we announced more than $1 billion in investments.” blew the trumpet Raimondo.
Alibaba to invest in South Korea
South Korean media reported that Chinese e-commerce giant Alibaba will invest $1.1 billion in logistics centers in the country.
Of this amount, $200 million will be used to build distribution centers this year, and $100 million will be used to help South Korean small and medium-sized enterprises sell their products overseas.
China wants Japan to pay for Fukushima
Japanese media reported that Japan is being pursued by China to financially compensate for sewage-related economic damage in Fukushima.
The treated wastewater began to be slowly released from August last year and its levels are claimed to be below regulatory standards.
According to the Japan Times, China's compensation framework will partially address China's establishment of a surveillance system.
Pune, India rejects Uber license application
The Regional Transport Authority (RTA) in Pune, a vast city in western India, has reportedly rejected applications for aggregator licenses from ride-hailing companies Ola and Uber.
The letter from the Pune Regional Transport Authority details that the refusal was due to not providing health insurance, life insurance or adequate training to the drivers, in violation of the Motor Vehicle Aggregator Guidelines Act, 2020. There is.
The applicant has 30 days to appeal.
APAC Deal Book
In this occasional new feature, register Stay tuned for new partnerships, sales and funding rounds across the region.
- Toyota Motor Vietnam has partnered with Taiwanese network-attached storage company Synology for data management infrastructure.
“Toyota Motor Vietnam has deployed Synology data management system to securely store hundreds of terabytes of data generated from the assembly of more than 10,000 vehicles annually,” the press release explains.
- Data center platform BDx Data Centers (BDx) has announced the acquisition of the freehold lease of a 14,400 square meter flagship data center in Singapore.
“BDx transformed the SIN1 site from a retail colocation data center to a Tier III compliant site hosting over 50 customers, including three hyperscale customers, and ranked among the best sites globally by customers. ” said the announcement.
- Virtual currency exchange OKX has announced that it has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license in Singapore.
“As an applicant, we have been offering our products and services in Singapore under the Payment Services (Exemption for Certain Periods) Regulations 2019 for several years now.With the in-principle approval from MAS, we will now be able to provide greater access. “We look forward to delivering on this and creating opportunities for our customers,” revealed the fintech.
- Japanese printing and materials group Toppan Holdings plans to build a semiconductor substrate factory in Singapore for a reported $338 million.
Operation is scheduled to begin at the end of 2026.
Cisco names new head of New Zealand
Networking giant Cisco has appointed a new country manager for New Zealand. Former New Zealand channel and services provider leader Jessica McFadden will take over the role after Garrett Harety returns to the US to advance his career within Cisco. ®
