Saudi Arabia strengthens global leadership in open data
Riyadh, Saudi Arabia—The Kingdom of Saudi Arabia continues to strengthen its global leadership in open data through a comprehensive national...
Economy
Risks are interconnected, need collaborative solutions, says WEF’s Mark Elsner
Davos, Switzerland – Mark Elsner, Head, Global Risks Initiative, World Economic Forum sat with TRENDS during WEF’s summit in Davos...
World Economic Forum
Norway nears 100% goal of all-electric cars
Geostrategy
Readying for jobs of tomorrow: WEF’s Till Leopold stresses upskilling
World Economic Forum
Lithium-sulfur batteries will transform energy storage, says Lyten’s Horvath
World Economic Forum
World Economic Forum
Maori-led AI initiative can revolutionize language preservation, says Peter-Lucas Jones
Davos, Switzerland -- Peter-Lucas Jones, a Kaitaia native, who has been listed in the prestigious Time100 AI 2024 List, was...
- Peter-Lucas Jones, a Time100 AI 2024 List honoree, discussed AI's role in preserving the Te Reo Maori language at the World Economic Forum in Davos.
- His team at Te Hiku Media developed Te Reo Maori natural language processing tools and an automatic speech recognition model.
World Economic Forum
Readying for jobs of tomorrow: WEF’s Till Leopold stresses upskilling
Davos, Switzerland -- In the next five years, millions of jobs will be created. Governments, employers, and education institutions, therefore,...
- The key report findings highlighted that there will be 78 million new job opportunities by 2030 but urgent upskilling is needed to prepare workforces.
- The fastest-growing skills by 2030 will include technological skills alongside human skills, such as cognitive skills and collaboration.
World Economic Forum
Lithium-sulfur batteries will transform energy storage, says Lyten’s Horvath
Lyten, a Silicon Valley-based company, is revolutionizing the energy storage market with its groundbreaking lithium-sulfur battery technology. These batteries offer...
- Lithium-sulfur batteries are about half the weight of a lithium-ion batteries, but they have twice the energy density.
- These batteries work better in heat and, therefore, will be better suited to tropical countries that are expected to grow at a much faster pace.
Geostrategy
Samsung reshuffles leadership amid challenge in AI chips
Seoul, South Korea - Samsung Electronics reshuffled its leadership on Wednesday as it looks to gain an edge in the production...
- On Wednesday it tapped vice-chairman Jun Young-hyun to lead its memory business and appointed Han Jin-man as the new boss of the chip foundry division
- The reshuffle aims to "strengthen the company's growth and future competitiveness, focusing on the semiconductor business", Samsung said in a statement
Business
TikTok makes AI driven ad tool available globally
San Francisco, United States - TikTok on Thursday began letting all marketers on its platform use an artificial intelligence-powered tool for...
- The news came with word that Getty Images will make its stockpile of pictures and video available to TikTok's AI‑powered video generation tool called Symphony Creative Studio
- Brands will be able to use Getty's licensed images and videos to create AI-generated ads, including marketing messages featuring characters resembling real people
Drought forces Big Tech to rethink thirsty LatAm data centers
A prolonged drought in much of South America has forced tech giants Google and Amazon to rethink their plans for...
- Plans for a US$200 million data center project needed a cooling system that would consume 1.85 billion gallons of water yearly
- Google said the new facility would use air cooling technology, reducing its water use to a minimum
Science
Major tech companies turn to nuclear energy to power data centers and AI initiatives
Firms such as Amazon, Microsoft, and Google are now looking to outgun each other to tap atomic energy, while Goldman...
- Amazon, Microsoft, and Google are now looking to outgun each other with announcements on atomic energy
- According to Goldman Sachs research, data centers will consume 8 percent of US power by 2030, up from 3 percent in 2022
“Sextortion” of teens puts Instagram in trouble; Meta announces new combat measures
Instagram and Facebook's parent company Meta accepts the rise of child/teen predators on Instagram and subsequently announces measures to battle...
- New measures to fight sextortion, a form of online blackmail where criminals coerce victims, often teens, into sending sexually explicit images of themselves
- In some countries, Instagram will show teens a video in their feeds about how to spot sextortion scams
AI adoption in GCC surges as governments and the private sector embrace technology
With 93% of Saudi workers considering generative AI essential, alongside 95% in the Middle East and 79% globally, the region's...
- 68% of Saudi workers use generative AI weekly, compared to 55% globally, while an overwhelming 93% consider it an essential tool at work
- The New York Times reported that representatives from Saudi Arabia's PIF have discussed potential partnerships with leading Silicon Valley venture capital
Saudi Arabia strengthens global leadership in open data
Riyadh, Saudi Arabia—The Kingdom of Saudi Arabia continues to strengthen its global leadership in open data through a comprehensive national...
Economy
Company News
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Risks are interconnected, need collaborative solutions, says WEF’s Mark Elsner
World Economic Forum
Norway nears 100% goal of all-electric cars
Geostrategy
Readying for jobs of tomorrow: WEF’s Till Leopold stresses upskilling
World Economic Forum
Lithium-sulfur batteries will transform energy storage, says Lyten’s Horvath
Lyten, a Silicon Valley-based company, is revolutionizing the energy storage market with its groundbreaking lithium-sulfur battery technology. These batteries offer...
World Economic Forum
Samsung reshuffles leadership amid challenge in AI chips
Seoul, South Korea - Samsung Electronics reshuffled its leadership on Wednesday as it looks to gain an edge in the production...
Geostrategy
TikTok makes AI driven ad tool available globally
San Francisco, United States - TikTok on Thursday began letting all marketers on its platform use an artificial intelligence-powered tool for...
Business
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Science
Major tech companies turn to nuclear energy to power data centers and AI initiatives
Firms such as Amazon, Microsoft, and Google are now looking to outgun each other to tap atomic energy, while Goldman...
- Amazon, Microsoft, and Google are now looking to outgun each other with announcements on atomic energy
- According to Goldman Sachs research, data centers will consume 8 percent of US power by 2030, up from 3 percent in 2022
“Sextortion” of teens puts Instagram in trouble; Meta announces new combat measures
Instagram and Facebook's parent company Meta accepts the rise of child/teen predators on Instagram and subsequently announces measures to battle...
- New measures to fight sextortion, a form of online blackmail where criminals coerce victims, often teens, into sending sexually explicit images of themselves
- In some countries, Instagram will show teens a video in their feeds about how to spot sextortion scams
AI adoption in GCC surges as governments and the private sector embrace technology
With 93% of Saudi workers considering generative AI essential, alongside 95% in the Middle East and 79% globally, the region's...
- 68% of Saudi workers use generative AI weekly, compared to 55% globally, while an overwhelming 93% consider it an essential tool at work
- The New York Times reported that representatives from Saudi Arabia's PIF have discussed potential partnerships with leading Silicon Valley venture capital