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Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Trump expands Apple tariff threat to all smartphones

Washington, United States -- US President Donald Trump on Friday threatened Apple and other smartphone manufacturers with a 25 percent...
  • Trump initially said the tariff would apply only to Apple -- an unusual move to single out a specific company in trade policy.
  • While Apple designs its products in the United States, most iPhone assembly occurs in China, which remains embroiled in a trade war with the United States.

Anthropic’s Claude AI gets smarter — and mischievious

San Francisco, United States -- Anthropic launched its latest Claude generative artificial intelligence (GenAI) models on Thursday, claiming to set...
  • "Claude Opus 4 is our most powerful model yet, and the best coding model in the world," Anthropic chief executive Dario Amodei said.
  • Opus 4 and Sonnet 4 were described as "hybrid" models capable of quick responses as well as more thoughtful results that take a little time to get things right.

Global anti-malware crackdown leads to 20 arrest warrants, Europol says

Authorities took down more than 300 servers worldwide, neutralized 650 domains and seized 3.5 million euros ($3.9 million) in cryptocurrency,...
  • The software taken down, known as "initial access malware", is used "for initial infection, helping cybercriminals to enter victims' systems unnoticed.
  • In total, "3.5 million euros in cryptocurrency" were seized, the agencies added, bringing the total amount of cryptocurrency seized during Endgame to 21.2 million euros.

Ads pressured to evolve as AI changes Google search

San Francisco, United States -- As Google races to lead in artificial intelligence, it faces the challenge of making sure...
  • The internet giant is dabbling with ads in its new AI Mode for online search, a strategic move to fend off competition from ChatGPT.
  • A new AI Mode enables conversational interaction with Google during search queries, providing answers in diverse formats, such as video, audio or graphs.

OpenAI offers to help countries build AI system

OpenAI on Wednesday announced an initiative to help countries build their own artificial intelligence (AI) infrastructures, with the US government...
  • The OpenAI for Countries initiative was launched under the auspices of a Stargate drive announced by US President Donald Trump
  • OpenAI, in "coordination" with the US government, will help countries build datacenters and provide customized versions of its ChatGPT AI

Experts seek to legitimize AI mental health care

Researchers at Dartmouth College believe artificial intelligence can deliver reliable psychotherapy, distinguishing their work from the unproven and sometimes dubious...
  • Their application, Therabot, addresses the critical shortage of mental health professionals.
  • The Dartmouth team recently published a clinical study demonstrating Therabot's effectiveness in helping people with anxiety, depression and eating disorders.

AI companions present risks for young users, US watchdog warns

New York, United States -- AI companions powered by generative artificial intelligence present real risks and should be banned for...
  • The watchdog, Common Sense, tested several of these platforms, namely Nomi, Character AI, and Replika, to assess their responses.
  • While some specific cases "show promise," they are not safe for kids, concluded the organization, which makes recommendations on children's use of technological content.

Meta releases standalone AI app, competing with ChatGPT

San Francisco, United States -- Social media behemoth Meta unveiled its first standalone AI assistant app on Tuesday as it...
  • Zuckerberg said the app "is designed to be your personal AI" and would be primarily accessed through voice conversations with the interactions personalized to the individual user.
  • The release comes as OpenAI stands as a leader of straight-to-user AI through its ChatGPT assistant that is regularly updated with new capabilities.

Screens, drones, massages: Shanghai flaunts the future of cars

Shanghai, China -- At the huge Auto Shanghai industry show this week, the chatter was less about powerful engines and...
  • Chinese consumers place more value on interior comfort compared to other markets, according to European carmakers.
  • Visitors at Auto Shanghai queued to sit in luxurious minivans with chrome radiator grilles and reclining rear seats.

Chinese firms extend EV range with petrol generators

The generator, known as a range extender, is connected to the cars' batteries and feeds them only when needed. Since...
  • This technology grew faster in China last year than any other type of powertrain, the system that propels a vehicle forward.
  • More than one million EREVs were sold, representing a total market share of six percent, according to the McKinsey consultancy.

Amazon’s Starlink rival lands first major airline deal

Washington, United States -- JetBlue Airways will become the first airline to use Amazon's Project Kuiper satellite network to power...

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Urgent need for ‘global approach’ on AI regulation: UN tech chief

Geneva, Switzerland -- The world urgently needs to find a global approach on regulating artificial intelligence, the United Nations' top...

91% of new renewable projects now cheaper than fossil fuels alternatives

Abu Dhabi, UAE --  Renewables maintain their cost leadership in global power markets, IRENA’s new report on Renewable Power Generation...

Humans beat AI gold-level score at top maths contest

Sydney, Australia -- Humans beat generative AI models made by Google and OpenAI at a top international mathematics competition, despite...

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AI needs to be smaller, reduce energy footprint: UNESCO study

Paris, France -- The potential of artificial intelligence is immense -- but its equally vast energy consumption needs curbing, with...
  • OpenAI CEO Sam Altman recently said that each request sent to ChatGPT consumes on average 0.34 Wh of electricity, which is 10-70 times a Google search.
  • UNESCO calculated that AI energy demand is doubling every 100 days as generative AI tools become embedded in everyday life.

Use of eco-friendly rice bricks surges in water-scarce Kyrgyzstan

Rice blocks require less cement, which is responsible for approximately eight percent of global carbon dioxide emissions, according to 2023...
  • Nursultan Taabaldyev is one of the pioneers of the technology in Central Asia hailed as an environmentally friendly alternative to water-intensive concrete.
  • They are "made of 60 percent rice husks. The rest is clay, cement and a chemical-free glue," Taabaldyev told AFP.

AI robots pluck weeds in California fields, make up for shortage of laborers

Los Banos, United States -- Oblivious to the punishing midday heat, a wheeled robot powered by the sun and infused...
  • As farms across the US face a shortage of laborers and weeds grow resistant to herbicides, startup Aigen says its robotic solution -- named Element -- can save farmers money.
  • Element the robot resembles a large table on wheels, solar panels on top. Metal arms equipped with small blades reach down to hoe between crop plants.