INSEAD Day 4 - 728x90

AI

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.
  • Securing the digital future: AI and global cooperation foster cyber resilience

    While AI accelerates the detection and management of threats, cybercriminals also leverage this technology for sophisticated attacks, says WEF's cybersecurity expert Filipe Beato.
  • 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 Computer Science at the University of California, Berkeley told TRENDS in an exclusive interview.
  • Expected impact of the U.S. election on business 

    35 percent of CEOs worldwide identify #inflation as the most critical #economic issue facing their countries, followed by boosting #consumer #confidence, a global CEO report said
  • ‘Amazing’ AI de-ages Tom Hanks in new film ‘Here’

    Los Angeles, United States - Tom Hanks has praised the "amazing" use of artificial intelligence to de-age him "in real time" on the set of new movie "Here," even as he accepted that the technology is causing huge concern in Hollywood. "Here," out in theaters Friday, stars Hanks and Robin Wright...
  • Bridging skills gap: UAE, Singapore lead the way

    The two countries have adopted a people-centric and collaborative upskilling approach, says Till Leopold, Interim Head of Knowledge Communities at WEF.
  • WEF Dubai: UAE fosters global dialogue

    The UAE has agile governance and it is not beholden to short-termism, Maroun Kairouz, Head of Regional Agenda for the MENA region at WEF, tells TRENDS.
  • Microsoft unveils autonomous AI agents for business tasks

    San Francisco, United States - Microsoft on Monday said it was enhancing its AI offerings with new autonomous agent capabilities as the tech titan aims to accelerate business adoption of artificial intelligence. AI agents are specialized programs designed to perform routine tasks autonomously, such as sifting through sales leads or handling...
  • Rising needs of electricity by tech companies to manage powerful data centers are pushing them toward nuclear power. (Pexels: Photo by Christina Morillo)

    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 Sachs says that data centers will consume eight percent of the US power by 2030, up from three percent in 2022.
  • Nobel-winning physicist ‘unnerved’ by AI technology he helped create

    Washington, United States - A US scientist who won the 2024 Nobel physics prize for his pioneering work on artificial intelligence said Tuesday he found recent advances in the technology "very unnerving" and warned of possible catastrophe if not kept in check. John Hopfield, a professor emeritus at Princeton, joined co-winner...
  • Dubai tourism shines: 25 percent repeat visitors, rising AI use

    Dubai, UAE -- Dubai Corporation for Tourism and Commerce Marketing (DCTCM) has confirmed that 25 percent of visitors to Dubai are repeat visitors, reflecting their satisfaction with the experience the city has to offer. Speaking at a keynote session on the second day of the Dubai AI and Web 3...
  • 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 prioritization of AI is evident.
  • Apple unveils new iPhone built for AI, looks to boost sales

    Cupertino, United States - Apple on Monday unveiled new iPhones built for generative artificial intelligence as it seeks to boost sales and show it is keeping up in the technology race. The tech giant has a lot riding on the new iPhone 16 and hopes that customers are enticed to buy...
  • Nuclear power will help in reducing carbon emissions

    Real-time carbon footprint data crucial for effective actions, reducing emissions

    AI-powered tools are crucial for measuring emissions accurately, enhancing accountability in achieving climate goals, Naim Yazbeck, the General Manager of Microsoft UAE, told TRENDS in an exclusive interview.
  • After AI, quantum computing eyes its ‘Sputnik’ moment

    Cambridge, United Kingdom - Quantum computing promises society-changing breakthroughs in drug development and tackling climate change, and on an unassuming English high street, the race to unleash the latest tech revolution is gathering pace. The founder of Cambridge-based Riverlane, Steve Brierley, predicts that the technology will have its "Sputnik" breakthrough within...
  • AI startups swap independence for Big Tech’s deep pockets

    Washington, United States -- It's the case of the vanishing startup: some of Silicon Valley's most promising names in the fast-developing generative AI space are being gobbled up by or tied to the hip of US tech giants. Short on funds, in the past few months promising companies like Inflection AI...
  • Chip giant TSMC briefly joins trillion-dollar club

    New York, United States -- Chip-making juggernaut Taiwan Semiconductor Manufacturing Co. briefly surpassed $1 trillion in market capitalization on Monday as the AI frenzy continues to power tech stocks. TSMC controls more than half the world's output of chips and supplies them for everything from Apple's iPhones to Nvidia's cutting-edge artificial...
  • Is Artificial Intelligence a major drain on the world’s energy supply?

    Paris, France -- When Google announced this week that its climate emissions had risen by 48 percent since 2019, it pointed the finger at artificial intelligence. US tech firms are building vast networks of data centres across the globe and say AI is fuelling the growth, throwing the spotlight on the...
  • Beyond Nvidia: the search for AI’s next breakthrough

    Toronto, Canada -- For a few days, AI chip juggernaut Nvidia sat on the throne as the world's biggest company, but behind the its staggering success are questions on whether new entrants can stake a claim to the artificial intelligence bonanza. Nvidia, which makes the processors that are the only option...
  • Oil and gas industry hops on generative AI bandwagon

    In recent years the downstream industry, which includes refineries that process crude oil into gasoline, has increasingly relied on so-called digital twins -- computer-modeled replicas of actual facilities. They allow companies to run simulations to assess operational issues in real-life facilities, mitigate potential hazards and do predictive maintenance (PdM).
  • Tunisian Muslim community turns to AI to save heritage

    Djerba, Tunisia - In an unassuming house on the Tunisian island of Djerba, Said al-Barouni embarked on a mission to safeguard his Muslim community's little-known heritage, using technology and AI to save age-old religious manuscripts. The 74-year-old librarian and member of the Islamic offshoot Ibadism took up the reins of his...
  • Saudi Arabia partners with Microsoft Arabia for AI use in media

    Riyadh, Saudi Arabia - The Ministry of Media and Microsoft Arabia signed a memorandum of understanding (MoU) in Riyadh on Tuesday to collaborate in several areas, including developing technical aspects in data analysis, machine learning, artificial intelligence, security and privacy solutions, and software and service development solutions. The goal is...
  • What can employers do to combat STEM talent shortages?

    Employers must prioritize retention by understanding employee preferences for benefits, hybrid working, and workplace culture, as effective retention strategies enhance recruitment, boost positive ratings, and strengthen the employer brand, creating a virtuous cycle of talent acquisition and retention, he adds.
  • France and UAE sign AI cooperation deal

    France and the United Arab Emirates on Tuesday signed a "strategic partnership" on artificial intelligence (AI) aimed at boosting cooperation between them, French Finance Minister Bruno Le Maire told AFP.
  • Microsoft unveils ‘AI-ready’ PCs

    The company's pivot to AI has been celebrated by Wall Street.
  • OpenAI disbands team devoted to artificial intelligence risks

    San Francisco, United States -- OpenAI on Friday confirmed that it has disbanded a team devoted to mitigating the long-term dangers of super-smart artificial intelligence. OpenAI weeks ago began dissolving the so-called "superalignment" group, integrating members into other projects and research, according to the San Francisco-based firm. Company co-founder Ilya Sutskever...
  • Qatar banking on AI with nearly $2.5 bn in investments

    Qatari Prime Minister and Minister of Foreign Affairs H E Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani delivered on May 15 the opening speech of the fourth edition of Qatar Economic Forum (QEF), Powered by Bloomberg, Zawya reported. He stated that as Qatar is moving towards a comprehensive digital...
  • Apple’s latest iPad signals the company’s AI-powered future

    San Francisco, United States - Apple on Tuesday announced a line of new iPad tablets revamped with a powerful AI chip that signaled the company is ready to introduce artificial intelligence across its devices. The latest version of the iPad Pro uses a new chip called the M4, which is stronger...
  • AI is revolutionizing news ecosystem: Expert

    Generative AI has removed barriers in the previous generation of AI such as news devices, new hardware and technical expertise, an expert says.
  • Japanese AI tool predicts when recruits will quit jobs

    Tokyo, Japan -- Bosses worried about turnover or wondering how long a new hire will stick around can now turn to AI for a heads-up on who might be next out the door. The artificial intelligence tool was developed by Japanese researchers to try and help managers provide targeted support to...
  • Meta releases beefed-up AI models

    The models are built on new versions of publicly available Llama 3.
  • OpenAI comes to Asia

    The ChatGPT creator opens first Asian office in Tokyo.
  • Meta to label AI-generated content

    It seeks to reassure users over the risks of deepfakes.
  • CBI, zypl.ai ink partnership

    The pact aligns with CBI’s plan to support innovation in UAE.
  • FAB, Microsoft forge partnership

    The two will work to develop AI-based banking capabilities.
  • 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 leadership of President Sheikh Mohamed bin Zayed Al Nahyan the Emirates is at the forefront of leveraging cutting-edge technologies like AI to drive sustainable growth and progress, particularly in the...
  • Microsoft, AI to set up data-center project

    It will cost US$100bn and will include an AI supercomputer.
  • UAE and Kenya sign agreement to enhance digital, tech cooperation

    Abu Dhabi, UAE--The UAE and Kenya have signed an investment memorandum establishing a framework for investment cooperation in digitalisation and technology. In addition to exploring investments in digital infrastructure and artificial intelligence (AI) services in Kenya, the cooperation may include developing data centre projects with a total capacity of up...
  • 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 vowed they would serve as a model for "global action." "When government agencies use AI tools, we will now require them to verify that those tools do not endanger the...
  • Bayanat, Yahsat shareholders to vote on merger and creation of SPACE42 on April 25

    ABU DHABI, UAE – Bayanat AI PLC and Al Yah Satellite Communications Company each issued a circular on Thursday calling for their General Assembly Meetings (GAMs) to be held simultaneously on April 25 2024. During the GAMs, respective shareholders of each entity will vote on the proposed merger of the...
  • Musk says will ‘open source’ Grok chatbot, a rival to ChatGPT

    Tech investors are increasingly in split camps on the development of AI and how the technology should advance. Companies such as Meta support an open source system in which researchers and other companies can access the technology's inner workings to develop new products or innovations.
  • AI in Saudi Arabia: Most companies have a plan, few are ready

    While 93 percent of companies in the kingdom have an AI strategy, only 8 percent feel fully prepared, according to the Cisco AI Readiness Index for Saudi Arabia. The biggest skills gap identified is comprehension of AI tools (31 percent). Thankfully, 82 percent of companies are investing in employee AI...
  • Saudi Arabia unveils its man shaped AI robot Mohammad

    Riyadh, Saudi Arabia - Saudi Arabia unveiled its first male humanoid robot ‘Muhammad’ during the second edition of DeepFast in Riyadh which kicked off at the Riyadh Exhibition and Convention Centre in Malham on Monday. A 7-second video of the robot is now viral. In it, the reporter Rawya Kassem,...
  • Abu Dhabi sees 67% annual rise in number of AI company registrations

    Abu Dhabi, UAE - The number of AI companies registered in Abu Dhabi grew at a compound annual rate of 67% between 2021 and 2023A, a new study developed by the Business & Economics Intelligence Sector at the Abu Dhabi Chamber of Commerce and Industry revealed. The increase further bolsters...
  • Chip giant TSMC shifts to Japan

    The company produces half the world's chips.
  • Saudi Arabia pursues AI hub future: PIF Governor

    Riyadh, Saudi Arabia - Governor of Saudi Public Investment Fund (PIF) Governor Yasir Al-Rumayyan on Thursday positioned Saudi Arabia as a potential global hub for AI and related industries, citing its competitive advantages, leadership in clean energy resources, political commitment, robust funding capabilities, and developing human talent. Delivering a speech...
  • Asian markets up, Tokyo hits record as US tech earnings jump

    Hong Kong, China - Asian markets rose on Thursday, with Tokyo's benchmark index posting a record high after greater-than-expected earnings from US chip giant Nvidia. Highly anticipated earnings results from Nvidia beat expectations late Wednesday, with the firm reporting a quarterly profit of $12.3 billion on record-high revenue driven by demand...
  • Nvidia profit soars to US$12.3bn

    The company's revenue spiked to US$22.1bn.
  • Google AI research hub in Paris to host 300 experts

    The new hub part of a trend for big tech firms to base teams in European centers.
  • South Korea presses for enhanced ties with UAE in high tech and AI

    Dubai, UAE--South Korea has pressed for boosting cooperation with the UAE in the field of advanced technology and artificial intelligence (AI) to enable digital government. This was stated by Dr. Koh Jean, Chairman of the Presidential Committee on the Digital Platform Government in the Republic of Korea, on the sidelines...
  • Bahrain to host ‘smart cities summit 2024’ in March

    Manama, Bahrain--Bahrain will hold the seventh edition of the "Bahrain Smart Cities Summit 2024" from March 5 to 6 under the theme"achieving progress through artificial intelligence", Wael bin Nasser Al Mubarak, the Minister of Municipalities and Agriculture announced. Al Mubarak affirmed the kingdom's keenness to adopt the best technologies and...