White House rolls out ‘concrete safeguard’ policies for federal AI
Washington, US - "Concrete safeguards" for government use of artificial intelligence were announced by the White House on Thursday, as it...
Geostrategy
EU to tell big tech firms to curb election risks or face fines
BRUSSELS, BELGIUM – The EU will put more pressure on the most popular online platforms, like X and TikTok, to tackle...
Geostrategy
Business
Focus shifts to societal impact and ethical use of AI
AI and data stakeholders will gather at Global Data Dialogue 2023 -- to be hosted in Dubai next week by...
- AI and data stakeholders will gather at Global Data Dialogue 2023 - to be hosted in Dubai next week by DataLEADS - to discuss AI's sector-wide transformative potential.
- Through engaging panel discussions, illuminating show-and-tell sessions, the summit endeavors to spark dialogues that will shape the trajectory of AI and and data science globally
Business
Siemens posts record profit
Its shares rose over 6 percent on the Frankfurt Stock Exchange.
- The company, whose businesses range from making trains to automating production processes, earned a net profit of $8.62 billion in 2022-2023.
- Sales, at $84.6 billion, rose 11 percent on the previous year while for 2024, the group expects revenue to grow in a range of between 4 and 8 percent.
Business
Apple to allow applications to be downloaded outside app store
Washington, United States - The American company Apple intends to provide the possibility of downloading applications from outside its official...
- Developers will also be able to publish their applications in alternative stores without having to pay special fees to Apple
- The Digital Markets Act requires technology companies to open their services and platforms to other companies and developers
Business
Global Media Congress opportunity for showcasing AI advances: Expert
Abu Dhabi, UAE -- Rapid advances in AI technologies have created a major challenge for the media sector: the difficulty...
- Professor Charlie Beckett of LSE says it is important to keep pace with AI advances like ChatGPT and Metaverse.
- He said despite warnings about AI, it remained a useful tool for creating huge content and handling services using algorithms.
Business
Al Ghurair to use Oracle solution
This will help HR teams improve business operations.
- Through this strategic collaboration, Al Ghurair seeks to empower its employees through self-service capabilities.
- Oracle Cloud HCM transforms the traditional functions of HR departments such as recruiting, training, payroll.
Business
Blockchain enhances efficiency, security in aviation
Despite facing challenges like regulatory compliance and interoperability, blockchain promises to revolutionize airline operations, offering improved passenger experiences.
- Despite facing challenges like regulatory compliance and interoperability, blockchain promises to revolutionize airline operations, offering improved passenger experiences.
- Blockchain technology is revolutionizing aviation with enhanced transparency, security, and operational efficiency, promising significant cost savings, says Aerobloc's founder.
Economy
AI safety & innovation: Key focus of UAE-Spain tie-up
“I have been looking very carefully and intensely at the UAE’s strategy on AI, and it resonates a lot with...
- UAE's artificial intelligence strategy is driving economic growth and establishing it as a global talent hub.
- Collaboration between Spain and ADIA Lab in Abu Dhabi focuses on knowledge and talent exchange.
Business
81% UAE companies plan to use AI for cybersecurity
AI has emerged as a transformative force in various sectors, revolutionizing how businesses operate, make decisions, and secure their assets,...
- AI has emerged as a transformative force in various sectors, revolutionizing how businesses operate, make decisions, and secure their assets
- The research has found that 94% of UAE respondents understand the potential cyber risks, and 89% feel their organization is cyber-ready
Science
AI to contribute in enhancing low-emissions development
BONN, GERMANY - Artificial intelligence (AI) can make substantial contributions to climate-resilient and low-emissions development.UN Climate Change’s Initiative on Artificial...
- UN Climate Change’s Initiative on Artificial Intelligence for Climate Action explores the role of AI as a tool for climate action in developing countries.
- It aims to deliver results both on policy and implementation, under the first joint work program of UN Climate Change’s Technology Mechanism.
Business
Elon Musk’s xAI to release first AI model to ‘select group’
WASHINGTON, US - Elon Musk said his new artificial intelligence company would release a new AI model on Saturday to a...
- The release would be the first from Musk's new startup, xAI, that he launched in July after hiring several researchers.
- Musk compared AI to "a magic genie" that gives you any wishes you want, warning that such fairy tales rarely end well.
White House rolls out ‘concrete safeguard’ policies for federal AI
Washington, US - "Concrete safeguards" for government use of artificial intelligence were announced by the White House on Thursday, as it...
Geostrategy
Company News
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SIB, Noqodi sign agreement
Business
Vodafone Qatar 2023 profit up
Business
AI game gains popularity during Chinese New Year festivities
SHANGHAI, CHINA - Young Chinese flocking home for Lunar New Year this weekend have turned to an AI chatbot game to...
Arts & Culture
WEF24: Understanding regional nuances key to success
Industries are increasingly investing in transformative technologies, including cybersecurity, sustainable solutions and AI, Sapthagiri Chapalapalli tells TRENDS in an interview.
Business
EU gives accent to landmark rules on artificial intelligence
Brussels, Belgium - The European Union's 27 member states on Friday approved landmark rules on reining in artificial intelligence, passing a key...
Business
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The DCO Council announces multilateral initiatives to bridge digital divide
Manama, Bahrain - The Digital Cooperation Organization (DCO), a global intergovernmental organization dedicated to fostering digital prosperity for all by...
- Topics of discussion included cross-border market growth; the value of data; human-centric and sustainable digital economy
- The DCO Council also announced the joining of Bangladesh, Qatar, and Greece as the new member states
Business
Rise of GenAI boosts phishing threats during holidays
The sophistication of GenAI-driven phishing attacks requires robust security, including advanced DDoS protection and proactive cyber resilience strategies, says an...
- The sophistication of GenAI-driven phishing attacks requires robust security, including advanced DDoS protection and proactive cyber resilience strategies, says an expert.
- Emad Fahmy of NETSCOUT recommends establishing strong passwords, exercising caution online, and extensive use of VPNs to enhance cybersecurity amid rising threats.
Arts & Culture
Over 70 percent of musicians fear AI, says French-German study
PARIS, FRANCE - More than two-thirds of musicians fear that artificial intelligence will make it impossible to make a living, according...
- The report found that 35 percent were already using AI in a "large number of areas related to music creation".
- The report added that estimated incomes would fall 27 percent by 2028, equivalent to some US$2.9 billion.