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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Marcos Jr. targets lower electricity rates through nuclear power push and system loss charge cuts

President Ferdinand Marcos Jr. highlighted major energy reforms during his State of the Nation Address, focusing on adopting nuclear energy and removing system loss charges from electricity bills.

ACEN turns Zambales into major renewable energy hub 

ACEN Corporation is developing Zambales into one of the country’s largest renewable energy hubs, with nearly one gigawatt of solar and battery storage capacity. Once fully operational, these projects will generate enough clean power for 340,000 households and cut fossil fuel dependence. Around 450 megawatts are already running, with the rest set to be finished by 2027, alongside new battery systems to ensure steady power supply and grid stability.

Socoteco II members back proposed joint venture with IGNITE Power ahead of public vote

Members of the South Cotabato II Electric Cooperative (Socoteco II) have voiced strong support for a proposed partnership with IGNITE Power aimed at upgrading power services across the region, officials confirmed.

Marcos pushes EPIRA overhaul to lower electricity costs

President Ferdinand Marcos Jr. on Monday called for an immediate overhaul of the Electric Power Industry Reform Act (EPIRA), making lower electricity prices a centerpiece of his energy agenda while betting on natural gas, hydrogen and nuclear power to strengthen the country's long-term energy security.

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