UK launches first postal deliveries by drones

• Royal Mail, which is partnering with Skyports Drone Services, said the use of drones would also improve safety by ensuring postal workers can deliver between ports without risks.
• The world's first drone delivery service was launched in Reykjavik in 2017, with people in the Icelandic capital able to receive goods direct at their doors via an AFV.

UAE newsrooms lagging in adoption of AI: study

• Algorithmic journalism refers to the automated gathering, production, and publishing of news based on programmed algorithms
• Impeding factors included traditional approach to transitioning into new technologies by editors content with beginner-level AI systems

G42, Cerebras unveil world’s largest supercomputer for AI training, deal worth $100m

Broadcom to acquire VMware after EU okays deal

• The massive deal had raised concerns about competition, prompting probes by antitrust watchdogs in the European Union and Britain.
• As a remedy, Broadcom offered interoperability commitments to rival Marvell Technology and any other potential competition.

Yahsat to invest US$100m

• The program, the next-generation telecommunications system for Thuraya, is scheduled to begin operational service in H1 2025.
• The total cost of the program is up to $550 million, including manufacturing, launch, insurance and new ground infrastructure.

OECD urges wealthy nations to prepare for ‘AI revolution’ impact

• "While there are many potential benefits from AI, there are also significant risks that need to be urgently addressed," said the OECD
• The OECD said it was "vital" to gather better data on AI uptake and use in the workplace, and its effects on the job sector

UAE bolsters AI integration to boost competitiveness

• UAE renews commitment to embracing artificial intelligence solutions across various sectors, says UAE minister Omar bin Sultan Al Olama
• The UAE government prioritizes keeping pace with global advancements to proactively address opportunities and challenges," he adds

AI ‘disrupts economy’ but Middle East optimistic

• An overwhelming 78 percent of respondents are confident that the rewards of GenAI outweigh the risks
• 76 percent of all respondents believe that AI-specific regulations are necessary to manage the risks

Dubai’s RTA digital channels generate revenue of US$953m in 2022

• RTA launched a feature that allows users to instantly access their vehicle registration cards for virtual displays upon request.
• In 2022 RTA recorded 814 million digital transactions up from 676 million in 2021, reflecting a robust growth rate of 20 percent.

Ant Group to buyback shares

• The China Securities Regulatory Commission (CSRC) on Friday slapped a $984 million fine on Ant and its subsidiaries "in view of... illegal and irregular acts".
• Ant operates Alipay, the world's largest digital payments platform, which boasts hundreds of millions of monthly users in China and beyond.