SBF rolls out world's first Gen AI tool to help businesses with trade rules
Marking a world first, a generative AI tool has been launched to help simplify complex trade rules and provide clear guidance on free trade agreements (FTA) for businesses here. This comes amid a global changing order and uncertainty surrounding the US tariffs, said the Centre for the Future of Trade and Investment (CFOTI) which unveiled the tool — Trade AI Advisor (TAIA) — at a Singapore Business Federation (SBF) seminar on Tuesday (Sept 9). Powered by SBF's extensive FTA database and other sources, this tool will deliver «actionable answers that help businesses unlock opportunities, ensure compliance, and stay competitive», said the federation. «Our aim is to equip companies with the tools and intelligence they need to interpret developments, assess implications and plan ahead with confidence,» said the chairman of CFOTI Gan Seow Kee.CFOTI - a public-private partnership established by SBF last year - aims to help local and regional businesses strengthen their capabilities in global cross-border trade.