OpenAI signs $38 bn infrastructure deal with cloud giant AWS
Under the seven-year agreement, OpenAI, which is partly owned by AWS's archrival Microsoft, will gain access to computing resources including...
Business
Iraq bans Roblox game platform citing ‘moral values’
Iraq has banned US gaming platform Roblox over what it described as sexual content, blasphemy and risks of online blackmail...
Business
Business
WhatsApp, Twitch among sites that could face Australia under-16s social media ban
Tech companies including WhatsApp and Reddit as well as streaming giant Twitch and gaming firm Roblox could be among more...
- The head of Australia's eSafety Commissioner, Julie Inman Grant, has written to 16 more companies to "self-assess" whether they fall under the ban's remit
- Companies will need to make a case if they believe their platform should be exempt from the ban, the national broadcaster ABC said
Science
UNGA80: World leaders to discuss framework for inclusive, accountable AI governanc
As there is no recognised body to govern AI on a global level, world leaders will gather in New York...
- The UN says Artificial AI has been rapidly transforming the world including everything from self-driving cars to the analysis of medical images
- However, it notes that the benefits of AI are unevenly distributed, and many countries struggle to access the tools which could transform their societies by supporting development
Science
After Japanese Softbank, US Govt, Chip-maker Nvidia to buy stake in rival Intel
Shares in chipmaker Intel skyrocketed on Thursday after AI giant Nvidia announced it would invest $5 billion in its struggling...
- "This marks a fusion of two world-class platforms," said Nvidia CEO Jensen Huang. "Together, we will expand our ecosystems and lay the foundation for the next era of computing."
- The Trump administration surprised the tech industry last month by taking a 10 percent equity stake in Intel, recognizing the strategic importance of the company
Science
Scientists train AI model to predict future illnesses
Paris, France - Scientists said Wednesday that they had created an AI model able to predict medical diagnoses years in...
- Based on a patient's case history, the Delphi-2M AI "predicts the rates of more than 1,000 diseases" years into the future
- Researchers trained the model on data from Britain's UK Biobank -- a large-scale biomedical research database with details on about half a million participants
Geostrategy
Europe hyperloop test hits new speed record in Dutch trial
The Hague, Netherlands -- A Dutch tech startup said Wednesday it had set a European speed record for its futuristic...
- Hardt Hyperloop said its vehicle had reached 85 kph at the 420 meter European Hyperloop Center test track in the Netherlands and had carried out a complex lane switching test.
- It said the lane switching maneuver -- essential for networked routes -- showed there were no technical barriers to operating at aircraft-like speeds.
Science
MBZUAI, G42 launch K2 Think: Leading open-source system for advanced AI reasoning
Abu Dhabi, UAE -- The Institute of Foundation Models at Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) and G42...
- K2 Think embodies a new approach to building smarter, more efficient AI, as with just 32 billion parameters, it outperforms flagship reasoning models that are 20X larger.
- This breakthrough in parameter efficiency makes K2 Think a powerful alternative for advanced reasoning, redefining what is possible with compact architectures
Science
AI giant Anthropic to pay $1.5 bn over pirated books
San Francisco, United States - Anthropic will pay at least $1.5 billion to settle a US class action lawsuit over...
- "This landmark settlement far surpasses any other known copyright recovery," said plaintiffs' attorney Justin Nelson. "It is the first of its kind in the AI era."
- San Francisco-based Anthropic announced this week that it raised $13 billion in a funding round valuing the AI startup at $183 billion
Science
Norway experiments with electric plane in real-life test
Oslo, Norway -- An electric plane took to the skies between the Norwegian airports Stavanger and Bergen on Thursday, simulating...
- The small aircraft -- an Alia built by US aircraft manufacturer Beta -- flew the 160 kilometers in a test run by the Norwegian affiliate of the transport company Bristow.
- The flight took 55 minutes and simulated a cargo flight route in southeastern Norway.
Science
Apple to lower iPhone 12 radio power across EU
Paris, France - Apple will update software on iPhone 12 handsets across the EU to lower the power of their...
- The software update, scheduled "in the coming weeks" across the EU, is in line with a 2023 change made to the phones in France based on testing by ANFR radio frequency authority
- "We continue to disagree with the French ANFR's testing approach, (but) respect the European Commission's decision," Apple said in a statement
Science
Austrian university develops technique to renew buildings without demolition
Vienna, Austria - A research team from Graz University of Technology in Austria has succeeded in developing an innovative fastening...
- The system enables the connection and disassembly of building components with ease, allowing the separation of long-term structural elements from shorter-lived components
- The project won the gold medal in the scientific research competition under the sustainability category and is regarded as a pioneering step towards smart construction
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
OpenAI signs $38 bn infrastructure deal with cloud giant AWS
Under the seven-year agreement, OpenAI, which is partly owned by AWS's archrival Microsoft, will gain access to computing resources including...
Business
Company News
Latest News
WEF’s Dubai Summit tackles existential digital risks
DUBAI, UAE – A powerful confluence of more than 500 experts and 150 cybersecurity leaders has converged in Dubai for...
Business
China’s chip challenge: the race to match US tech
Beijing, China - China's push to develop top-end artificial intelligence microchips is gaining momentum, but analysts say it will struggle...
Economy
AI in an ‘industrial bubble’ but will benefit society: Bezos
Turin, Italy - Artificial intelligence technology is in an "industrial bubble," Amazon founder Jeff Bezos told a tech conference in...
Economy
Most Read
Geostrategy
Microsoft trims service to Israel over Gaza surveillance
San Francisco, United States - Microsoft on Thursday said it cut an Israeli defense unit's access to some cloud services...
- Microsoft reviewed the decision with the Israel Ministry of Defense along with steps the tech firm is taking to ensure compliance
- The move followed a two-month Microsoft probe into a Guardian report that the Israeli Defense Force used Azure to store phone call data from surveillance in Gaza and the West Bank
Business
WhatsApp, Twitch among sites that could face Australia under-16s social media ban
Tech companies including WhatsApp and Reddit as well as streaming giant Twitch and gaming firm Roblox could be among more...
- The head of Australia's eSafety Commissioner, Julie Inman Grant, has written to 16 more companies to "self-assess" whether they fall under the ban's remit
- Companies will need to make a case if they believe their platform should be exempt from the ban, the national broadcaster ABC said
Science
UNGA80: World leaders to discuss framework for inclusive, accountable AI governanc
As there is no recognised body to govern AI on a global level, world leaders will gather in New York...
- The UN says Artificial AI has been rapidly transforming the world including everything from self-driving cars to the analysis of medical images
- However, it notes that the benefits of AI are unevenly distributed, and many countries struggle to access the tools which could transform their societies by supporting development