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
Cyber insurance shapes the future of cybersecurity
Cyber insurance, particularly around ransomware, is moving towards a world where insured businesses have strong cyber resilience, well-defined disaster recovery...
Opinion
Apple launches spatial computer; takes VR world by storm
CUPERTINO, California: Apple on Monday unveiled Apple Vision Pro, a spatial computer that seamlessly blends digital content with the physical...
- Apple CEO Tim Cook says: “Today marks the beginning of a new era for computing."
- The breakthrough design of Vision Pro features an ultra-high-resolution display system that packs 23 million pixels.
Business
‘AI adoption in UAE’s industries to propel economic diversification’
Abu Dhabi, UAE - The adoption of artificial intelligence (AI) is critical to propelling diversification of economic growth in the...
- The MBZUAI commencement ceremony celebrated 59 students graduating with a master's in computer vision (CV) and machine learning (ML), and natural language processing
- Guests and attendees gained insight into the exploration taking place at MBZUAI and the importance of these the projects utilising AI to solve humankind’s most pressing challenges
Economy
Human extinction threat ‘overblown’ says AI sage Marcus
In March, alarmed that ChatGPT creator OpenAI was releasing its latest and more powerful AI model with Microsoft, Marcus signed...
- Instead of putting the focus on more far-fetched scenarios where no one survives, society should be putting attention on where real dangers lie, Marcus surmised
- At a US Senate hearing in May, seated beside OpenAI's Altman, Marcus argued for the creation of a national or international agency responsible for AI governance
More GCC newspapers cease weekend publishing
Major GCC newspapers -- including Khaleej Times and Gulf News -- have ceased weekend editions due to financial pressure and...
- Major GCC newspapers -- including Khaleej Times and Gulf News -- have ceased weekend editions due to financial pressure and declining readership.
- The move has drawn mixed reactions, with some appreciating the step towards digital adaptation and others worrying about the potential impact on journalism quality
Business
Nvidia crosses $1trn in market value on Wall Street
Chip company Nvidia exceeded $1 trillion in market value as Wall Street stocks mostly rose, following an agreement between President...
- Nvidia jumped more than seven percent on bullish sentiment over its role in artificial intelligence breakthrough technology.
- Most large tech companies advanced early Tuesday, with shares of Facebook parent Meta and Apple both up more than one percent.
Science
Global action needed to reduce ‘extinction risk’ from AI, say experts
A one-line statement signed by dozens of specialists, including Sam Altman whose firm OpenAI created the ChatGPT bot, said tackling...
- ChatGPT has demonstrated an ability to generate essays, poems and conversations from the briefest of prompts -- and sparking billions of dollars in investments.
- Critics and insiders have raised the alarm over everything from biased algorithms to the possibility of massive job losses as AI-powered automation seeps into daily life.
Business
Falcon 40B, UAE’s open-source AI model ranks No 1 on Hugging Face’s Leaderboard
Abu Dhabi, UAE - Falcon 40B, the UAE’s first large-scale open-source, 40-billion-parameter AI model launched by Abu Dhabi’s Technology Innovation...
- Falcon 40B managed to beat back established models such as LLaMA from Meta (including its 65B model), StableLM from Stability AI, and RedPajama from Together
- Hugging Face’s Open LLM Leaderboard is an objective tool open to the AI community that tracks, ranks, and evaluates LLMs and chatbots as they are launched
Economy
Safeguarding ‘digital public square’ is essential
States are struggling and “often failing” to protect online space for the common good, “swinging between a laissez-faire approach that...
- UN High Commissioner for Human Rights emphasizes the necessity of a safe online environment for a fully functioning society
- Volker Türk criticizes the laissez-faire approach and overbroad regulations hindering the proper protection of online space
Business
Twitter withdraws from EU disinformation code
Twitter has decided to leave the EU's disinformation code, a voluntary pact that groups together the major social platforms, but...
- Since buying the social network six months ago, billionaire Elon Musk seems to have relaxed the moderation of problematic content.
- The code was written by the industry players themselves and contains over three dozen pledges such as better cooperation with fact-checkers.
TRENDS Poll: 38% feel AI threatens their jobs
New job opportunities are expected to emerge, but only individuals with advanced technological skills and education would be eligible for...
- TRENDS conducted a Twitter poll, asking its followers whether their jobs were at risk due to AI in an attempt to gauge its impact
- The results revealed that 38 percent of respondents believed their jobs were at risk, while 31 percent responded negatively
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
Company News
Latest News
Utilizing AI is only possible if skill gap is bridged, says expert
DUBAI, UAE - The Artificial Intelligence (AI) revolution is upon us, with AI becoming a pervasive force in our daily...
Business
Rules are fine but educate public about generative AI: Expert
Dubai, UAE -- Regulations alone will not safeguard the public against nefarious uses of Artificial Intelligence, people also need to...
Business
Google Chrome begins restricting cookies in first step towards elimination
Paris, France - Google has begun limiting third-party cookies for some users of its Chrome web browser, a first step towards...
Business
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Business
Penguin, SkyBlue ink MoU
The aim is to redefine outdoor media advertising in Abu Dhabi.
- Penguin and SkyBlue will collaborate on key advertising locations, with this being the Malaysian firm’s first move into the Abu Dhabi market.
- This follows an agreement between the Malaysian outdoor advertising company with the Road and Transport Authority (RTA), Dubai.
Business
Invest Qatar launches azure open AI GPT-powered chatbot ‘Ai.SHA’
DOHA, QATAR - The Investment Promotion Agency Qatar (Invest Qatar) has partnered with Microsoft to develop Ai.SHA, an innovative AI-powered...
- This initiative positions Invest Qatar as one of the first investment promotion agencies (IPA) in the world to adopt advanced technology.
- This will pave the way for transformative changes in professional interactions between investors and businesses in Qatar.
Geostrategy
5 WEF reports shaping your 2024 agenda
From AI to the future of jobs and slow climb to gender parity, WEF reports provide insights into some of...
- Buffeted by a global energy crisis, inflationary pressures and geopolitical instability, the move to clean energy has faced a challenging time.
- This year's top 10 emerging technologies will likely become increasingly familiar in the years ahead as they help tackle some of our biggest challenges.