IMDA and AI Verify Foundation finalise Governance Framework for Generative AI and launch Project Moonshot
On 30 May 2024, the Infocomm Media Development Authority (“IMDA”) and AI Verify Foundation (“AVF”) finalised the Model AI Governance Framework for Generative AI in Singapore. On 31 May 2024, IMDA and AVF launched Project Moonshot, an open-source Large Language Models (“LLM”) evaluation toolkit to allow businesses to assess their AI applications in terms of performance and safety. This legal update outlines the key changes made to the finalised Model AI Governance Framework and provides an overview of Project Moonshot.