Generative AI’s most prominent skeptic doubles down
Vancouver, Canada -- Two and a half years since ChatGPT rocked the world, scientist and writer Gary Marcus still remains...
Interview
AI and the future workforce: Navigating the transition
AI systems exceeding human capabilities across all fields could render many jobs obsolete in a decade, Stuart Russell, Professor of...
Interview
Business
Potential investors value Telegram at $30bn, says co-founder Pavel Durov
MOSCOW, RUSSIA – The Telegram is valued by potential investors at more than US$30 billion, the co-founder of the social...
- The US$30 billion valuation was made by global technology funds in particular, Durov said.
- The Telegram will consider the sale of a portion of shares to its standing users, the businessman added.
Business
Abu Dhabi launches technology investment company MGX
ABU DHABI, UAE – The Artificial Intelligence and Advanced Technology Council (AIATC) announced on Monday the creation of MGX, a...
- Mubadala and G42 will serve as foundational partners in the creation of the new company.
- MGX will invest to accelerate the development and adoption of AI and advanced technologies.
Business
Cryptocurrency Ether witnesses meteoric rise since launch
NEW YORK, US – Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet...
- Launched in 2015, Ether is by far the second-largest digital currency in terms of total value, now estimated at over $460 billion.
- Bitcoin's rise has been well-documented, but Ether's has been even more impressive, surging almost 72 percent year to date.
Geostrategy
Italy begins probe into OpenAI’s new video tool Sora
ROME, ITALY – The European country's data protection watchdog - Italian Data Protection Authority - said on Friday it has launched...
- The Italian Data Protection Authority said it was concerned over “the possible implications for the processing of personal data of users.”
- The watchdog said OpenAI -- which also makes chatbot ChatGPT and the image-generating DALL-E -- has 20 days to provide information.
AI tools still permitting political disinfo creation, NGO warns
The success of ChatGPT, from Microsoft-backed OpenAI, has over the last year ushered in an age of popularity for generative...
- The non-profit Center for Countering Digital Hate (CCDH) tested various AI models with directions to invent images
- Using programs such as Midjourney, ChatGPT, DreamStudio and Image Creator, researchers found that "AI image tools generate election disinformation
Science
Scientists launch hub to channel quantum power for good
GENEVA, SWITZERLAND – Scientists will work to channel the huge emerging power of quantum computers for the common good at a...
- Quantum computing combines advances in scientific understanding of the subatomic world with leaps in information theory.
- The first commercial quantum computers are still believed to be up to a decade away.
Geostrategy
Facebook, Instagram services restored after widespread outages
More than half a million users across the globe reported issues earlier in the day, with many saying they were...
- A Meta Spokesman said the issue was resolved for "everyone who was impacted"
- Facebook is the world's largest social media platform with three billion active users
Australian media hits back as Facebook scraps news deals
Meta said on Friday it would scrap the Facebook News tab in Australia and would not renew deals with news...
- News Corp Australasia executive chairman Michael Miller said Meta's decision put hundreds of jobs at risk and would expose Australians to more scams and misinformation
- "Australia must not surrender its leadership in being a country that is prepared to stand up to tech giants," he said in comments to one of the company's newspapers
Business
Apple’s changes contradicts European rules, 34 firms complain
Brussels, Belgium - Changes Apple is making to its services in the European Union "make a mockery" of new antitrust rules...
- Companies have expressed doubts about how much Apple's changes would ultimately broaden consumer choice and digital competition.
- Apple in January announced it was modifying how its iOS operating system, Safari browser and App Store operate in the 27-nation EU.
Economy
Web Summit: 24 MoUs signed between Qatari institutions and global tech firms
Doha, Qatar - Web Summit Qatar 2024, the world's largest tech events debut in the Middle East and Africa, ended...
- The MoUs included the one between and the Web Summit whereby the former will sponsor the summit over the next four years
- Over four days, the summit hosted 15,453 attendees from 118 countries, who witnessed the tech innovations, 10 percent of which came from Qatar
Generative AI’s most prominent skeptic doubles down
Vancouver, Canada -- Two and a half years since ChatGPT rocked the world, scientist and writer Gary Marcus still remains...
Interview
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Sheikh Hamdan praises ADNOC’s efforts in using AI in production process
ABU DHABI, UAE - Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in Al Dhafra Region, said that under the...
Business
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
GenAI set to bridge cybersecurity skills gap by 2028
As GenAI narrows cybersecurity skills gap, organizations will prioritize aptitude over specialized education, adapting hiring practices to meet demands of...
Business
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Business
ESA, SAP ink agreement
ESA will consolidate operations under a single ERP solution
- ESA will benefit from a streamlined and integrated system, improving visibility and control over all of its operations.
- ESA will be using an integrated supply chain model that eliminates process silos, predicts disruptions.
Business
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...
- The fund's primary goal is to promote the development of TradeTech solutions and support the expansion of startups.
- The announcement aligns with Investopia's vision to inspire entrepreneurs to expand into new economic sectors.
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...
- The European Commission, the EU's executive arm, is expected to adopt new guidelines.
- They will come under the EU's mammoth content moderation law, the Digital Services Act.