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...
Arts & Culture
Hub71-backed ABHI to set up global headquarters in Abu Dhabi
DUBAI, UAE - With support from the Abu Dhabi Investment Office (ADIO), Hub71-backed ABHI, an embedded finance platform founded in...
Business
Science
Elon Musk announces humanoid Tesla Bot
Musk said the robot would be five feet and eight inches tall, and that a prototype would be ready next...
- Musk compared the current fleet of Tesla cars to “semi-sentient” beings
- He then said whatever the vehicles are capable of could well be put into humanoid form
Office 365 prices to go up from 2022
The prices would apply globally with adjustments for certain regions.
- There are no changes to pricing for education and consumer products of Microsoft at this time
- Microsoft is also rolling out unlimited dial-in capabilities for Microsoft Teams meetings across all suites in the next few months
Business
Bahrain bank challenges students to make digital solutions
The National Bank of Bahrain has tied up with Bahrain FinTech Bay to launch challenge youngsters in the country to...
- The goal is to develop solutions for NBB’s digital banking app that focuses on the youth and features the latest trends in user experience
- The three best solutions will get prize money, three months of incubation at BFB, and other prizes
Arts & Culture
Netflix rules Mideast as rivals eye content share
Arab-based platforms such as Starz Play, Wavo, and OSN have become local competitors to Netflix and gaining the ground fast...
- Saudi Arabia seeks be an essential base for entertainment companies with an attractive investment environment
- The UAE and Saudi Arabia account for almost half of all MENA subscriptions to streaming services
Research
UAE, Bahrain lead MENA’s fintech sector boom
A total of 465 fintech companies in the region are expected to raise over $2 billion in venture-capital funding, compared...
- The fintech sector in the Middle East has been growing at a Compounded Annual Growth Rate (CAGR) of 30%
- Close to 47% of the fintech deals in 2019 were sealed in the UAE and nearly half of the fintech firms in the region are based in this Gulf country
Investigation
$600m crypto theft case about to be solved?
DeFi platform Poly Network said on Twitter on Wednesday that the threat actor or actors had already returned cryptocurrency worth...
- Poly Network on Tuesday identified the vulnerability that had been exploited to break into its platform
- A threat actor named an entity named PolyNetwork Exploiter is now transferring funds back to the company
Business
Nissan unveils new safety tech in Middle East
The suite is called Nissan Intelligent Mobility or NIM, and is aimed at preventing automotive fatalities.
- The newest addition to the NIM suite, the ProPILOT, was premiered in the region on the 2021 Nissan Altima
- ProPILOT can automatically increase or decrease the vehicle’s speed to maintain a set distance from other vehicles
Dubai issues regulations for 3D-printing in construction
The new legislation supports the emirate’s target to ensure that 25% of its buildings are constructed using 3D-printing technology by...
Digital school, mEducation Alliance partner to design e-learning solutions
The agreement enables both parties to exchange knowledge, expertise to enhance learning of students in refugee camps and remote areas.
Huawei launches Super Device products in Kuwait, Bahrain
The demand for electronic goods in the Middle East has seen an upturn since the Covid-19 pandemic started last year.
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...
Arts & Culture
Company News
Latest News
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...
Geostrategy
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...
Business
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...
Geostrategy
Most Read
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