Tag: artificial intelligence

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AI-powered threats force cybersecurity rethink

Artificial intelligence is rapidly emerging as a major cybersecurity challenge for Philippine enterprises, with experts warning that organizations must overhaul traditional defenses as cybercriminals increasingly deploy AI-driven attacks.

Philippines lags in AI readiness race—Cisco study

A new global study by Cisco has revealed that only 12 percent of organizations in the Philippines are fully prepared to scale and extract value from artificial intelligence (AI), exposing a significant gap between AI ambition and operational readiness in the country.

Manulife’s global AI adoption helps powers innovation and efficiency

Manulife on Friday acknowledged  that over 75 percent of its global workforce is now actively engaged with generative AI (GenAI) tools, including ChatMFC, its proprietary AI assistant introduced in 2024.

Government uses AI, remote sensing to map country’s resources

The country’s resource officials have teamed up with the Philippine Space Agency (PhilSA) to produce an inventory of resources that will serve as basis for a policy framework down the line.

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Slower bank lending, softer liquidity point to cautious economy 

The engine powering the nation's money supply in June slowed its pace as both corporate and individual borrowers took a step back. Growth in loans from universal and commercial banks eased to 9.8 percent year-on-year, down from a faster 12.1 percent sprint in May.

HashMicro rolls out AI OS for Philippine enterprises 

Enterprise software provider HashMicro has launched an artificial intelligence (AI) operating system in the Philippines, betting that businesses are ready to move beyond experimenting with AI and begin embedding it into core operations.

Ronald McDonald House opens 57th preschool center

Ronald McDonald House Charities (RMHC) Philippines has expanded its early childhood education program with the opening of its 57th Ronald McDonald Bahay Bulilit Learning Center in Marikina City, reinforcing efforts to improve preschool access for children in underserved communities.

Ayala boosts Ayala Land stake with P2.38B buyback

Ayala Corp. has accelerated its accumulation of Ayala Land Inc. (ALI) shares, spending about P2.38 billion to acquire 141.55 million common shares through market purchases disclosed between July 16 and July 31, reinforcing its confidence in the property giant's long-term prospects while taking advantage of what it believes is an undervalued share price.

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