AI-based compliance platform Silent Eight's losses more than tripled in FY2023

AI-based compliance platform Silent Eight's losses more than tripled in FY2023

FILE PHOTO: An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo

Silent Eight, a Singapore-based startup that offers AI-powered compliance platforms for financial institutions, saw its total comprehensive loss more than triple for the financial year that ended July 31, 2023, as expenses rose.

Edited by: Pramod Mathew

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