IOTA Foundation launches US$10m investment fund at Investopia 2024
ABU DHABI, UAE – Minister of Economy and Chairman of Investopia Abdullah bin Touq Al Marri attended the unveiling of...
Business
Geostrategy
Saudi Arabia participates in global meet to bridge digital divide
RIYADH, SAUDI ARABIA – The Kingdom’s Governor of the Communications, Space and Technology Commission (CST) Dr. Mohammed Saud Al-Tamimi participated...
- The meeting aims to enhance the contribution of the communications, space and technology sectors for attaining sustainable development objectives.
- The meeting also aims to propose policies and recommendations to bridge the digital divide and promote and develop the digital economy.
Business
AI ‘no substitute’ for fashion designers’ creativity
Fashion innovator Calvin Wong, who has developed the world's first designer-led AI system, says 'we must treasure the designer's original...
- The Interactive Design Assistant for Fashion (AiDA) uses image-recognition technology to speed up the time it takes for a design to go from a first sketch to the catwalk.
- Wong said AiDA's particular strength was its ability to present "all the possible combinations" for a designer to consider, something he said was impossible currently.
Geostrategy
Europe’s tussle with Big Tech involves dominance, data, disinformation
Paris, France - Irish regulators on Friday handed out a 345-million-euro ($369-million) fine to TikTok over data breaches, part of a...
- Ireland issues the most stringent fines on this front as Dublin hosts the European offices of several big tech firms and data privacy is enforced by local regulators.
- The EU has had little success in getting tech companies to pay more taxes in Europe, where they are accused of funneling profits into low-tax economies.
Economy
Nearly two-thirds of Saudi Arabian employees lack enhanced digital skillsÂ
Riyadh, Saudi Arabia - A substantial 62% of employees in Saudi Arabia are eager to acquire improved digital skills in...
- The findings also exposed a troubling trend, with 45% of respondents expressing concerns about job security due to their perceived lack of IT competencies
- The survey also highlighted a specific group within the workforce most apprehensive about job security – department heads and top managers
Geostrategy
EU chief wants global experts panel to confront AI challenges
Von der Leyen said the proposed AI group should be similar to the UN's IPCC panel, whose reports establish scientific...
- Von der Leyen said the proposed AI group should be similar to the UN's IPCC panel, whose reports establish scientific consensus on climate change.
- The EU is leading the charge on regulating AI, and aims to green light what would be the world's first law covering the technology by the end of the year.
Science
ChatGPT diagnoses ER patients ‘like a doctor’
During a study in Netherlands, the chatbot outperformed doctors in some cases. At the same time, it showed some limitations.
- The chatbot's reasoning was "at times medically implausible or inconsistent, which can lead to misinformation or incorrect diagnosis, with significant implications".
- The findings -- published in the medical journal Annals of Emergency Medicine -- will be presented at the European Emergency Medicine Congress (EUSEM) 2023 in Barcelona.
California firefighters use AI to battle wildfires
For several years firefighters have used a network of more than 1,000 cameras to monitor possible fire hotspots. Since the...
- Computers watching live feeds from Cleveland National Forest spotted what their algorithm had been taught to understand was a column of smoke
- Human operators were able to verify the machines were correct and alerted Captain Kris Yeary of Cal Fire, whose firefighters quickly extinguished the flames
Business
US govt face Google in landmark antitrust lawsuit
Washington, US - A landmark case pitting the US government against Google over the dominance of the company's world-dominating search engine...
- "This case is about the future of the internet and whether Google will ever face meaningful competition in search," said Justice Department lawyer Kenneth Dintzer
- The US government launched its case against Google during the Trump administration and the suit carried over in the transition to President Joe Biden
How cyber scammers are trying to make AI tools pay
The two worlds of artificial intelligence and cybercrime are starting to collide, with cybercriminals trading tips in online forums on...
- With a recording of just few seconds of a person's voice, AI tools can produce an imitation capable of tricking employees or friends
- The FBI said it received 300,497 complaints about phishing scams last year, with losses suffered worth $52 million
Business
Saudi Arabia’s first social network Jaco attracts 1m users in 2 months
RIYADH, SAUDI ARABIA:Â Â The supervisor of the Kingdom's first social network Jaco - Saudi entrepreneur Fahd Al-Shidi announced that the...
- The Saudi Arabian entrepreneur and supervisor of the project expressed confidence that Jaco will reach 5 million users by the end of the year.
- At the official launch ceremony of the Jaco application in Riyadh, the supervisor expressed happiness at the success of the social network.
IOTA Foundation launches US$10m investment fund at Investopia 2024
ABU DHABI, UAE – Minister of Economy and Chairman of Investopia Abdullah bin Touq Al Marri attended the unveiling of...
Business
Company News
IMF chief at Davos: AI holds risks, opportunity for global economy
World Economic Forum
Latest News
Baims acquires Orcas Edtech
Business
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...
Business
AI and death: Sundance films grapple with our digital afterlife
Park City, United States -- Artificial intelligence promises to make death "optional," as the technology learns to perfectly emulate our personalities,...
Arts & Culture
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...
Business
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Business
Google CEO says more layoffs are likely this year
SAN FRANCISCO, US - Google CEO Sundar Pichai has warned employees that more layoffs are in store at the search engine...
- Google laid off around 12,000 people this time last year, about six percent of its workforce, in the face of inflation and rising interest rates.
- The company confirmed it is eliminating "a few hundred" positions from its global ad team, amid a push to use AI for efficiency and creativity.
Arts & Culture
Japan literary laureate admits using ChatGPT for her novel
TOKYO, JAPAN - The winner of Japan's most prestigious literary award has acknowledged that about "five percent" of her futuristic novel...
- The 33-year-old author of Tokyo-to Dojo-to openly admitted that AI heavily influenced her writing process as well.
- Set in a futuristic Tokyo, the book revolves around a high-rise prison tower and its architect's intolerance of criminals.
Business
Aramco Digital, Intel to join hands
The aim is to help develop of Open RAN technologies.
- The facility is expected to drive innovation, foster technological advancements and contribute to the digital transformation landscape in the Kingdom.
- This collaboration aims to align with Saudi Arabia's Vision 2030, which focuses on technological advancements and economic diversification.