INSEAD Day 4 - 728x90

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Firms lag as AI-driven fraud surges: Study

The report, published by the Association of Certified Fraud Examiners and analytics firm SAS, highlights widening gaps between rapidly evolving...

OpenAI halts MLK videos as deepfakes spark outrage

Washington, United States -- OpenAI has suspended its Sora 2 artificial intelligence tool from creating videos of civil rights icon...
  • The slain civil rights leader's estate and OpenAI said the company would pause generations depicting King while it "strengthens guardrails for historical figures."
  • Videos reanimating other dead figures including Malcolm X, Michael Jackson, Elvis Presley and Amy Winehouse have flooded social media since Sora 2's launch on September 30.

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...
  • The meeting will inform and drive collaborative solutions to shared challenges.
  • This year’s meetings will provide much-needed space to navigate uncertainty, decode emerging trends and strengthen resilience.

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...
  • Ramping up its chip industry is a way for Beijing to beat restrictions imposed by Washington on exports of the most advanced chips -used to power AI systems
  • The United States cites national security concerns, such as the risk of giving China a military advantage, for the block, a geopolitical bind that shows no sign of easing

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...
  • "Investors don't usually give a team of six people a couple billion dollars with no product... and that's happening today," Bezos told an audience at Tech Week in Turin
  • Multiple technologies are in a kind of "golden age," he said, echoing language used by US President Donald Trump. "There's never been a better time to be excited about the future."

Amazon adds AI muscle to connected home lineup

New York, United States - Amazon on Tuesday unveiled the latest generation of connected products, featuring enhanced artificial intelligence capabilities...
  • Nearly 20 years after the launch of the Kindle e-reader, the Seattle-based online retail giant now offers a family of connected devices
  • The company has already made a major move into AI enhancements with the February launch of Alexa+, an upgraded version of the Alexa voice assistant

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

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

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

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

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

OpenAI limits release of new model after US government request

Dubai, UAE --  ChatGPT developer OpenAI is restricting access to its latest artificial intelligence (AI) model at the request of...

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SoftBank lifts OpenAI stake to 11% with $41bln investment

Tokyo, Japan -- Japanese tech investor SoftBank said Wednesday that its stake in OpenAI is now around 11 percent after...

Fake AI videos have a new generation loving 1980s life

New York, United States - "The 1980s are calling," a teenager with a throwback hairstyle tells viewers as "Everybody Wants...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Anthropic announces massive AI chip deal with Google

San Francisco, United States - Artificial intelligence giant Anthropic said Thursday it was expanding its use of Google cloud computing...
  • The arrangement will include Anthropic buying as many as one million Tensor Processing Units (TPUs), which are integrated circuits custom-designed by Google
  • The expansion promises to let Anthropic bring more than a gigawatt of new computing power online by the end of 2026, enabling it to meet "exponentially growing demand."

Celebrities, AI giants urge end to quest for superintelligence capable of outsmarting humans

Signatories include the "Godfather of AI" and 2024 winner of the Nobel Prize in Physics Geoffrey Hinton; Computer Sciences Professor...
  • Most major AI developers are striving for artificial general intelligence (AGI), a stage where AI would match all human intellectual capabilities, and even superintelligence
  • Speaking at an event organised by the media group Axel Springer in September, OpenAI CEO Sam Altman said that superintelligence could be achieved within the next five years

OpenAI unveils search browser in challenge to Google

San Francisco, United States - ChatGPT-maker OpenAI on Tuesday announced an "Atlas" search browser, leveraging its artificial intelligence prowess in...
  • "This is an AI-powered web browser built around ChatGPT," OpenAI chief Sam Altman said in a streamed presentation
  • OpenAI has ramped up its challenge to Google, which has responded by rapidly building more AI capabilities into search and across its platform