• California looks to Europe to rein in deployment of AI

    The richest state in the United States by GDP, California is a hotbed of no-holds-barred tech innovation, but lawmakers in state capital Sacramento want to give the industry laws and guardrails it has largely been spared in the internet age. Brussels has enacted a barrage of laws on US-dominated tech...
  • Olympics tech firm Atos posts huge loss

    The company posted a net loss of US$3.7 billion for 2023.
  • ESA, SAP ink agreement

    ESA will consolidate operations under a single ERP solution
  • ENEC and General Atomics to collaborate on use of technology for nuclear energy

    Abu Dhabi, UAE--The Emirates Nuclear Energy Corporation (ENEC) today announced that it has signed a Memorandum of Understanding (MoU) with General Atomics (GA), a leading US advanced technology solutions company, to collaborate on using advanced technologies and materials for nuclear energy supply. They will also cooperate on prospects that utilise...
  • UN General Assembly to address AI’s potential risks, rewards

    The resolution focuses more on the technology's positive potential, and calls for special care "to bridge the artificial intelligence and other digital divides between and within countries." The draft resolution, which is the first on the issue, was brought forth by the United States and will be submitted for approval...
  • Google’s new AI for corner kick tactics gets Liverpool approval

    PARIS, FRANCE – Liverpool football analysts have given their seal of approval to a new artificial intelligence tool from Google that suggests the best tactics for corner kicks, researchers said on Tuesday. However no Liverpool players -- or any humans -- have tried out the AI assistant's suggestions, and an outside...
  • Foxconn net profit jumps 33%

    Its net profit for October-December rose to US$1.6bn.
  • Potential investors value Telegram at $30bn, says co-founder Pavel Durov

    MOSCOW, RUSSIA – The Telegram is valued by potential investors at more than US$30 billion, the co-founder of the social network Pavel Durov said. The US$30 billion valuation was made by global technology funds in particular, Durov said in an interview with The Financial Times. “Generally speaking, we see value...
  • UAE, NeoNautica collaborate to develop Blue Pass platform

    DUBAI, UAE – The Ministry of Energy and Infrastructure has signed a collaboration agreement with NeoNautica, a company specialized in technology and digital services for the maritime sector. This collaboration aims to develop and operate the UAE Blue Pass platform, which is dedicated to creating quality packages of privileges and...
  • Microsoft to train Philippine women in AI

    It will partner with local schools to provide the training.
  • UAE financial system more secure and efficient than before, says CBUAE

    Abu Dhabi, UAE--The technological and structural advancements in the UAE financial sector continues to enhance security, operational efficiency, accessibility of mobile banking applications, online banking and overall customer experience, according to the 4th Quarter Report of 2023 issued by the Central Bank of the UAE (CBUAE) on the Monetary, Banking...
  • Musk says will ‘open source’ Grok chatbot, a rival to ChatGPT

    Tech investors are increasingly in split camps on the development of AI and how the technology should advance. Companies such as Meta support an open source system in which researchers and other companies can access the technology's inner workings to develop new products or innovations.
  • AI in Saudi Arabia: Most companies have a plan, few are ready

    While 93 percent of companies in the kingdom have an AI strategy, only 8 percent feel fully prepared, according to the Cisco AI Readiness Index for Saudi Arabia. The biggest skills gap identified is comprehension of AI tools (31 percent). Thankfully, 82 percent of companies are investing in employee AI...
  • Italy begins probe into OpenAI’s new video tool Sora

    ROME, ITALY – The European country's data protection watchdog - Italian Data Protection Authority - said on Friday it has launched an investigation into Sora, a new artificial intelligence (AI) tool made by US firm OpenAI. The Italian Data Protection Authority said it was concerned over "the possible implications for the...
  • LEAP 24 concludes with $13.4bn investments, record participation

    Riyadh, Saudi Arabia -- A total of $13.4 billion in investments were announced during the third edition of the International Tech Conference LEAP, the biggest global tech event in terms of turnout, which has concluded in Riyadh on Thursday. LEAP conference organized by the Ministry of Communications and Information Technology,...
  • Empowering Arab women Sheikha Bodour’s key focus

    Sheikha Bodour Al Qasimi, from the American University of Sharjah, advocates for diversity, inclusion, and continuous learning in leadership roles for women.
  • Investments approach $13bn as LEAP 2024 hits halfway stage

    Riyadh, Saudi Arabia -- After announcing a staggering US$11.9 billion of investments on Monday, LEAP 2024, the world's most attended technology exhibition, unveiled another raft of investments totaling over US$888 million on Wednesday. The investments at LEAP 2024, which runs until March 7 at Riyadh Exhibition and Convention Centre in...
  • Scientists launch hub to channel quantum power for good

    GENEVA, SWITZERLAND – Scientists will work to channel the huge emerging power of quantum computers for the common good at a new institute opening in Geneva on Tuesday, its founders said. The Open Quantum Institute is calling on researchers from around the world to pinpoint the most promising future applications for...
  • Food dispatch app Uber Eats launches robot deliveries in Tokyo

    Uber Eats' boxy robots have square headlights for eyes and three wheels on each side to navigate kerbs as they calculate routes on their own, using sensors to avoid pedestrians and other obstacles.Like self-driving delivery services launched by the company in North America, the Tokyo robots will be limited in...
  • Qatar and China entrepreneurs explore partnerships, JVs in tech and energy

    Doha, Qatar-- Businessmen and entrepreneurs from Qatar and China have discussed opportunities to set up joint ventures and commercial partnerships in various sectors, including technology, healthcare, energy, and real estate. This came in the Qatari-Chinese Business Meeting, hosted by the Qatar Chamber (QC) in the presence of QC's First Vice-Chairman...
  • Web Summit: 24 MoUs signed between Qatari institutions and global tech firms

    Doha, Qatar - Web Summit Qatar 2024, the world's largest tech events debut in the Middle East and Africa, ended on a high note with the signing of 24 memorandums of understanding between Qatari institutions and the most prominent international technology companies, with the aim of promoting innovation and entrepreneurship...
  • Iran launches imaging satellite Pars 1 from Russia

    Iran announced the launch of a remote sensing and imaging satellite into orbit from Russia, according to state media. The launch of "Pars-I" with the Russian Soyuz-2.1b launcher was broadcast live by state television in Iran. The satellite was launched "from Russia's Vostochny launch base", some 8,000 kilometers east of...
  • AI the new obsession for venture capital investing

    Stung by the struggles of cryptocurrency and other faded Silicon Valley fads of recent years, venture capitalists have quickly doubled down on AI, a new promised land in the never-ending quest for big tech riches. For the big investors, "if it's not AI, it's not worth it," Denis Barrier, co-founder...
  • AI entity is Board Observer in IHC

    IHC is a pioneer in leveraging AI for decision-making.
  • Hawkish economic approach on China has bipartisan support in US, say analysts

    WASHINGTON, US  - In a shift from tit-for-tat tariffs and strong-arm tactics to tech restrictions and investment curbs, US policy towards China has become more targeted under President Joe Biden - though still hardline. Despite differences between Democrats and Republicans, analysts expect Washington's approach to Beijing will only become tougher, whether...
  • ‘Innovative startups key to national prosperity’

    "Investing in youth, inspiring ideas, and transforming them into creative projects is a cornerstone for facing global challenges in many vital sectors," he add while opening the "Seaside Startup Summit UAE 2024" at the Longbeach Campground Hotel in Ras Al Khaimah, which will continue until February 28.
  • Korea’s H2O sets up base in Abu Dhabi

    It will collaborate with Abu Dhabi Investment Office.
  • Musk says patient moves cursor with brain implant

    The Neuralink startup, cofounded by Musk in 2016, aims to build direct communication channels between the brain and computers. The ambition is to supercharge human capabilities, treat neurological disorders like ALS or Parkinson's, and maybe one day achieve a symbiotic relationship between humans and artificial intelligence.
  • Saudi tech firm Alat to ally with Softbank, Carrier Corp, Tahakoum, Dahua Tech

    Riyadh, Saudi Arabia - Alat Company, a subsidiary of the Saudi Public Investment Fund (PIF), has announced four global partnerships aimed at advancing its plans for sustainable manufacturing. Amit Midha, global CEO of Alat, revealed on Tuesday collaborations with Softbank, Carrier Corporation, Tahakoum, and Dahua Technology, Saudi Gazette reported. The...
  • Tech giants sign pact against AI-made political deepfakes

    Under the agreement, AI-generated content could be given a watermark or tagged in the metadata at source, although the signatories acknowledged that "all such solutions have limitations". The pledge comes as big tech companies are under considerable pressure over fears that AI-powered applications could be misused in a pivotal election...
  • South Korea presses for enhanced ties with UAE in high tech and AI

    Dubai, UAE--South Korea has pressed for boosting cooperation with the UAE in the field of advanced technology and artificial intelligence (AI) to enable digital government. This was stated by Dr. Koh Jean, Chairman of the Presidential Committee on the Digital Platform Government in the Republic of Korea, on the sidelines...
  • solutions by stc, Devoteam ink MoU

    The aim is to foster avenues for collaboration in technology.
  • Bahrain to host ‘smart cities summit 2024’ in March

    Manama, Bahrain--Bahrain will hold the seventh edition of the "Bahrain Smart Cities Summit 2024" from March 5 to 6 under the theme"achieving progress through artificial intelligence", Wael bin Nasser Al Mubarak, the Minister of Municipalities and Agriculture announced. Al Mubarak affirmed the kingdom's keenness to adopt the best technologies and...
  • Asian labor dialogue champions tech solutions for disputes

    Dubai, UAE -- Ministers of labor and human resources from 16 Asian countries sending and receiving workers have called for using advanced technology in innovative initiatives aimed at resolving labor disputes and expediting verdicts. They also aimed to strengthen wage protection systems and facilitate skill mobility among participating countries. The...
  • Dubai is a key player in global business landscape

    "The emirate is continuing to consolidate its position as an ideal platform that brings together creative ideas and innovative entrepreneurs – particularly in the field of modern digital technologies – creating more opportunities, building promising partnerships, and developing effective solutions and pioneering projects," he adds.
  • Iran and Turkey to utilize modern tech for electricity exchange

    Tehran, Iran - Iran and Turkey are set to enhance their electricity exchange capabilities through the implementation of modern technology, according to Mehdi Moghimzadeh, the head of Iran's Iran Grid Management Company. “With the signing of the contract for the operation of 400-kilovolt BtB HVDC line between Khoy (Iran) and...
  • Iran puts three satellites simultaneously into orbit

    Western governments including the United States have repeatedly warned Iran against such launches, saying the same technology can be used for ballistic missiles, including ones designed to deliver a nuclear warhead. Iran has countered that it is not seeking nuclear weapons and that its satellite and rocket launches are for...
  • Saudi professor Manahel Thabet appointed Commonwealth’s envoy for science and technology

    Riyadh, Saudi Arabia - Patricia Scotland, the Secretary-General of the Commonwealth of Nations, has named Saudi Professor Manahel Thabet as the special envoy for science and technology. The appointment highlights Thabet's notable expertise and significant contributions to the fields of science and technology. The Commonwealth, an organization comprising 56 nations...
  • Clean energy largest driver of Chinese GDP growth in 2023: report

    China is the world's biggest emitter of greenhouse gases driving climate change, but it is also the top producer of wind and solar energy. Faced with soaring energy consumption, the country has turbocharged its use of renewables -- but also in 2022 approved its largest expansion of coal-fired power plants...
  • EU plans measures to protect sensitive technology from China

    The European Union unveiled plans to strengthen the bloc's economic security including measures to protect sensitive technology from falling into the hands of geopolitical rivals like China. Brussels has bolstered its armoury of trade restrictions to tackle what it deems to be risks to European economic security, following Russia’s invasion...
  • Abu Dhabi establishes Artificial Intelligence and Advanced Technology Council

    Abu Dhabi, UAE-- The UAE President Sheikh Mohamed bin Zayed Al Nahyan has issued a law, as the ruler of Abu Dhabi, establishing the Artificial Intelligence and Advanced Technology Council (AIATC) for developing and implementing policies and strategies related to research, infrastructure and investments in artificial intelligence and advanced technology...
  • Mac computers could reach new glory due to AI

    SAN FRANCISCO, US - Forty years after igniting a PC revolution, Apple's Mac is stronger than ever and could reach new glory due to AI computing -- or be left behind. Apple launched the Macintosh in 1984 with a history-making television ad pitching the machine as an anti-establishment blow against a...
  • Bahrain and Slovakia to ramp up cooperation in urban planning

    Manama, Bahrain-- Bahrain and Slovakia are looking to ramp up the ongoing cooperation in urban planning and sustainable development. In this regard, Ahmed Abdulaziz Al Khayat, Chief Executive Officer of the Urban Planning and Development Authority (UPDA), stressed the need to exchange expertise and technologies in the field of urban...
  • Healthcare industry globally faces data hacking threat

    DUBAI, UAE - In an age where data is a cornerstone of modern healthcare, the industry faces an escalating threat from cyber criminals seeking unauthorized access to sensitive information. Kingston Technology, a player in memory products and technology solutions, is urging healthcare entities to bolster their defenses against rising cyber...
  • In Davos, AI excitement persists but fears over managing risks

    A recent IMF report said AI would affect nearly 40 percent of jobs around the world, and some 60 percent in the advanced world -- replacing some jobs while complementing others.
  • Microsoft becomes world’s largest company

    The tech giant's market value has surged by over $1 trillion.
  • CES2024 pet tech: Throw a dog a bone – or an AI collar

    Las Vegas, United States - They don't own smartphones and can't go online, but that doesn't prevent them from being connected: Pets are benefitting from a slew of animal-oriented technology at this year's Consumer Electronics Show in Las Vegas. How's Fido feeling? Tracking your dog's steps, detecting its heart problems, knowing...
  • Alumicor to set up base in Bahrain

    It will help the kingdom in the processing of aluminum.
  • AI breathes new life into old trends at CES gathering

    Models on which AI is built have improved dramatically since last CES and the debut of OpenAI's ChatGPT, and they are being applied in meaningful ways for consumers, according to Greengart. "There is little doubt that the tech ecosystem gathering in Las Vegas will focus on AI everywhere and on-device...
  • Invest Qatar launches azure open AI GPT-powered chatbot ‘Ai.SHA’

    DOHA, QATAR - The Investment Promotion Agency Qatar (Invest Qatar) has partnered with Microsoft to develop Ai.SHA, an innovative AI-powered assistant harnessing GPT capabilities through the azure open AI service. This initiative positions Invest Qatar as one of the first investment promotion agencies (IPA) in the world to adopt advanced...
  • Over 12m people visit Riyadh Season in 60 days

    RIYADH, SAUDI ARABIA - Two months after their launch, on October 11, 2023, Riyadh Season events had already attracted 12 million visitors.Chairman of the Board of Directors of the General Entertainment Authority (GEA) Turki bin Abdulmohsen Al Al-Sheikh said in a tweet that the success of the event is due...