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
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.
Business
stc, Microsoft to collaborate
The aim is to advance digitalization in Saudi Arabia.
- The two firms will jointly develop and deploy cutting-edge solutions that will transform and empower organizations across various industries.
- The collaboration between the organizations aims to enable stc’s subsidiaries to explore new markets, develop disruptive business models.
Geostrategy
Political and tech leaders tackle AI safety at inaugural summit
London, United Kingdom – UK Prime Minister Rishi Sunak on Thursday hosts political and tech leaders at the inaugural global...
- The United Kingdom, the United States, the European Union and China have agreed to cooperate to ensure the safe use and deployment of AI technologies.
- The summit identified an agenda of three key points: identifying risks, building risk-based policies in different countries.
Business
Hamriyah Freezone Authority, Amazon UAE ink pact for logistics center
SHARJAH, UAE - Hamriyah Freezone Authority (HFZA) and Amazon UAE have signed a lease agreement for a new logistics center...
- Once launched, the new center will enable a seamless delivery experience across the Northern Emirates.
- HFZA’s location and over 20 years of Amazon’s technology and operational expertise will enhance convenience for customer orders.
Economy
Tech development must be ethical, inclusive: Scientist
Interdisciplinary discussions can help in guiding ethical tech development for the greater good, Karen Hallberg of Argentina's Bariloche Atomic Centre...
- Interdisciplinary discussions can help in guiding ethical tech development for the greater good, Karen Hallberg of Argentina's Bariloche Atomic Centre tells TRENDS.
- Hallberg highlights the technological divide between the Global North and South, emphasizing the urgency for regulations and diverse voices in tech dialogues.
Business
AI revolutionizes real estate across GCC countries
Cities like Dubai and Riyadh are harnessing AI to redefine every facet of property dealings, from development to management, Tripler...
- Cities like Dubai and Riyadh are harnessing AI to redefine every facet of property dealings, from development to management, Tripler CEO Sam Singh tells TRENDS.
- AI helps tenants find perfect homes, introducing dynamic pricing based on various factors, while data privacy concerns persist in its real estate integration, he adds.
Science
Robot maker dreams of turning sci-fi into reality
Ryo Yoshida's monster-sized drivable robot is hard to park and the $3-million price tag will crush most wallets.
- An imposing 14.7 feet high and weighing 7,716 pounds, "Archax" can be moved and operated by a pilot who clambers up to the high-tech cockpit.
- When manoeuvered in the vehicle mode, "Archax" is capable of moving at 10 kilometers (six miles) per hour, according to the company.
Science
Error-prone AI chatbot dog leads Japan’s elderly astray
Tokyo, Japan - A cartoon canine AI chatbot designed to cheer up and inform lonely older residents of western Japan is...
- Powered by generative artificial intelligence, "Dai-chan" was this year launched by Osaka authorities who called it the first of its kind in Japan
- But the chatbot, which features a Shiba Inu cartoon dog and answers in the Osaka dialect, has shown itself far from faithful to the truth
Business
RCU inks pact with Artefact, Dassault Systèmes for AI, digital solutions
ALULA, SAUDI ARABIA – The Royal Commission for AlUla (RCU) has reinforced its commitment to technology innovation and cutting-edge digital...
- The pacts are focused on the seamless integration of the latest and emerging digital products within AlUla's maturing technology eco-system.
- The agreement will cover pivotal areas of development, from AI consulting and transformation to establishing a dedicated school of data & AI.
Business
Nedaa, Dubai Customs ink MoU
MoU to enhance digital solutions for efficiency.
- The MoU will help to integrate efforts and exchange experiences to improve the level of services provided to various groups and segments of society.
- The two parties will focus on developing an operational mechanism aimed at ensuring a reliable and effective communication network for Dubai Customs,
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
SIB, Noqodi sign agreement
Business
Latest News
Vodafone Qatar 2023 profit up
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
UAE signs pact to develop digital infrastructure in Greece
ABU DHABI, UAE - The Ministry of Investment of the UAE and the Ministry of Digital Governance of the Hellenic...
Geostrategy
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...
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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.
Business
Dubai RTA awards US$95m contract to upgrade ticketing system
DUBAI, UAE - Dubai’s Roads and Transport Authority (RTA) has awarded a contract to upgrade the existing nol (card-based ticketing...
- The aim is upgrade the existing card-based ticketing system to an account based ticketing system, aligning with the top global practices.
- It seeks to develop a flexible and 100 percent scalable digital infrastructure, ensuring 100 percent fintech integration in mobility solutions.
Business
SIB, Noqodi sign agreement
The Noqodi platform will enable digital payments.
- This pact aims to improve digital and electronic payment offerings available to SIB's corporate and individual business customers.
- SIB's business clients will gain access to a broader range of digital payment solutions for seamless fee payments across various products.