- San Francisco, United States - Amazon's share price skyrocketed by more than ten percent on Thursday after the online retail behemoth reported better than expected earnings, powered by surging demand for its cloud computing services. Quarterly sales rose 13 percent to $180.2 billion across the company, it said. Net income...
Celebrities, AI giants urge end to quest for superintelligence capable of outsmarting humans
Signatories include the "Godfather of AI" and 2024 winner of the Nobel Prize in Physics Geoffrey Hinton; Computer Sciences Professor at the University of California in Berkeley Stuart Russell; and the world's most-cited AI scientist Yoshua Bengio of the University of Montreal.OpenAI signs multi-billion dollar chip deal with AMD
OpenAI signed a multi-year partnership Monday with chipmaker Advanced Micro Devices as the ChatGPT-maker continues an investment spree to secure massive amounts of computing power for rolling out generative artificial intelligence.AI in an ‘industrial bubble’ but will benefit society: Bezos
Turin, Italy - Artificial intelligence technology is in an "industrial bubble," Amazon founder Jeff Bezos told a tech conference in Italy on Friday, but the benefits to society will be "immense". "Investors don't usually give a team of six people a couple billion dollars with no product... and that's happening...Amazon adds AI muscle to connected home lineup
New York, United States - Amazon on Tuesday unveiled the latest generation of connected products, featuring enhanced artificial intelligence capabilities designed to make interactions with AI more frequent and natural. Nearly 20 years after the launch of the Kindle e-reader, the Seattle-based online retail giant now offers a family of...Why hotel direct wins in the agentic AI future of distribution
The USD$1.6tn global travel market is about to get the greatest shakeup since the dawn of the internet. The major Online Travel Agents (OTAs) like Booking.com, Expedia and Airbnb are bracing themselves for a quantum change and it’s one they cannot control. As consumers move from booking travel through these...UNGA80: World leaders to discuss framework for inclusive, accountable AI governanc
As there is no recognised body to govern AI on a global level, world leaders will gather in New York on 25 September as part of the 80th session of the UN General Assembly (UNGA80) to discuss a framework for inclusive and accountable AI governance.AI giant Anthropic to pay $1.5 bn over pirated books
San Francisco, United States - Anthropic will pay at least $1.5 billion to settle a US class action lawsuit over allegedly using pirated books to train its artificial intelligence models, according to court documents filed Friday. "This landmark settlement far surpasses any other known copyright recovery," said plaintiffs' attorney Justin...Google and Australia’s national newswire strike AI deal
Sydney, Australia - Australia's national newswire has agreed to provide content to Google's Gemini artificial intelligence to improve its responses, the two firms said. Financial details of the agreement, which was announced Tuesday, were not provided. The deal would help deliver real-time information to "enhance" responses in the Gemini app,...AI search pushing an already weakened media ecosystem to the brink
New York, United States - Generative artificial intelligence assistants like ChatGPT are cutting into traditional online search traffic, depriving news sites of visitors and impacting the advertising revenue they desperately need, in a crushing blow to an industry already fighting for survival. "The next three or four years will be...Saudi Arabia, UAE rank among top 20 nations globally for AI talent density
With the goal of becoming one of the world’s top 10 countries in AI research and application by 2030, Saudi government aims to attract USD 20 billion in AI investments while creating 200,000 high-tech jobsChina says balance between AI development, security ‘urgently requires consensus’
China's Premier Li Qiang warned Saturday that artificial intelligence development must be weighed against the security risks, saying global consensus was urgently needed even as the tech race between Beijing and Washington shows no sign of abating.Trump to unveil investments to power AI boom
Washington, United States - US President Donald Trump heads to Pennsylvania on Tuesday to announce energy and infrastructure deals intended to meet big tech's soaring demand for electricity needed to fuel the AI boom. Trump will make the announcement at the inaugural Pennsylvania Energy and Innovation Summit at Carnegie Mellon...Meta spending big on AI talent but will it pay off?
New York, United States - Mark Zuckerberg and Meta are spending billions of dollars for top talent to make up ground in the generative artificial intelligence race, sparking doubt about the wisdom of the spree. OpenAI boss Sam Altman recently lamented that Meta has offered $100 million bonuses to engineers...Million-plus pilgrims to begin hajj under blazing sun
About 1.4 million pilgrims arrived in Saudi Arabia ahead of the multi-day hajj, one of the five pillars of Islam that must be performed at least once by all Muslims with the means.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 new standards for reasoning but also building in safeguards against rogue behavior. "Claude Opus 4 is our most powerful model yet, and the best coding model in the world," Anthropic...Travel Agencies of Tomorrow: Blending AI Efficiency with the Warmth of Human Touch
For travel and tourism companies based out of the Middle East, utilizing technology to optimize the content creation process, and enabling content editing for Arabic language is crucial. This empowers them to target their core segment and showcase their fluent communication to specific micro markets, leading to better dividends.AI tool selfies predict biological age, cancer survival
FaceAge, a deep learning algorithm described Thursday in The Lancet Digital Health, converts a simple headshot into a number that more accurately reflects a person's biological age rather than the birthday on their chart.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 tries to take on ChatGPT by giving users a direct path to its generative artificial intelligence models. "A billion people are using Meta AI across our apps now, so we...EU to probe use of personal data by X’s AI chatbot
Ireland's data protection watchdog, acting on behalf of the European Union, launched an inquiry Friday into the use of personal data by Elon Musk's platform X to train its AI chatbot, Grok.OpenAI files counterclaims against Musk as feud deepens
San Francisco, United States -- Artificial intelligence giant OpenAI has filed counterclaims against multi-billionaire Elon Musk, accusing its former co-founder of waging a "relentless campaign" to damage the organization after it achieved success without him. In legal documents filed Wednesday in northern California's federal court, OpenAI alleges Musk became hostile...OpenAI says it raised $40 bn at valuation of $300 bn
San Francisco, United States - OpenAI on Monday said it raised $40 billion in a new funding round that valued the ChatGPT maker at $300 billion, the biggest capital-raising session ever for a startup. The infusion of cash comes in a partnership with Japanese investment giant SoftBank Group and "enables...AI’s impact on jobs, technology’s touchy topic sparks unease
New York, United States - "Stop Hiring Humans" read a provocative sign at an AI conference in Las Vegas, where the impact of new artificial intelligence models on the world of work had sparked some unease. "We're not worried about tiptoeing around. We're sparking the conversation," said Fahad Alam of...Italian paper prints fully-AI edition, but not to ‘kill’ journalism
Rome, Italy -- In a world first, an Italian newspaper is printing a fully AI-generated edition for a month in what its director said Thursday was an experiment to "revitalize journalism, not to kill it". Il Foglio, a daily broadsheet with an irreverent touch and a circulation of about 29,000,...Real challenges of digital transformation
Blockchain enhances security and efficiency by decentralizing data storage, and reducing fraud, David Boast tells TRENDS in an exclusive interview.China’s Baidu releases new, free AI model to compete with DeepSeek
Baidu announced in a WeChat post that its latest X1 reasoning model -- which the company claims performs similarly to DeepSeek's but for lower cost -- and a new foundation model, Ernie 4.5, were available via its AI chatbot Ernie Bot.A new era of economic growth and productivity with AI
The technology will likely automate millions of jobs, Mark J. Penn, a US businessman, political strategist, and author tells TRENDS in an exclusive interview.Building an anticipatory governance strategy for an increasingly risky world
Anticipatory governance is crucial in navigating today’s risks. While AI tools enhance forecasting, early warning does not always lead to early action. Bureaucratic inertia and political hesitation often delay responses. Governments, businesses, and NGOs must integrate risk intelligence into decision-making, ensuring proactive measures and resilience-building to prevent crises from escalating...The backbone of the digital economy is upskilling: Jayney Howson
AI won't replace jobs, but reskilling will unlock its true potential—lifelong learning is the key, Jayney Howson, SVP of Learning and Development at ServiceNow tells TRENDS in an exclusive interview.Renewed sense of renaissance for humanity in the digital economy
Like the Internet revolution before it, AI and the new digital economy are overwhelmingly positive forces for change, Laurent Ross tells TRENDS in an exclusive interview.New-Age Growth Comes Home to the GCC
The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading role in the 4IR.OpenAI board rejects Elon Musk-led $97.4 billion buyout offer
San Francisco, United States -- OpenAI's board chairman on Friday said it has unanimously rejected an Elon Musk-led offer to buy the hot artificial intelligence company for $97.4 billion. "OpenAI is not for sale, and the board has unanimously rejected Mr. Musk's latest attempt to disrupt his competition," chairman of the...UAE to launch DeepSeek-inspired AI models: Faisal Al Bannai
Dubai, United Arab Emirates -- The United Arab Emirates is planning to launch new artificial intelligence models inspired by China's DeepSeek, a senior official told AFP, calling the system's disruptive emergence "fantastic news". Faisal Al Bannai, the driving force behind the UAE's Falcon large language model, said DeepSeek's challenge to American...UAE, France discuss bilateral ties, sign AI cooperation deal
Paris, UAE - UAE President Sheikh Mohamed bin Zayed Al Nahyan and French President Emmanuel Macron of France explored various aspects of the longstanding and strategic partnership between the two countries and discussed opportunities to expand bilateral cooperation, particularly in the economic, investment, and cultural fields. The two sides also...Exclusive: ADP’s Nela Richardson on how AI is reshaping the global workforce
Davos Switzerland - The rapid adoption of AI and automation is redefining labor markets, reshaping industries, and transforming skills globally, Dr. Nela Richardson, Chief Economist and ESG Officer at ADP told TRENDS in an exclusive interview on the sidelines of the World Economic Forum at Davos. Dr. Richardson, spoke during...EXCLUSIVE: AI agents to reshape the future of work, says CEO Automation Anywhere
Davos, Switzerland: AI agents are set to revolutionize the way businesses operate, with tasks being divided into autonomous, AI-assisted, and manual processes. This transformative shift will redefine the future of work, Mihir Shukla, Chairman and CEO of Automation Anywhere, told TRENDS in an exclusive interview on the sidelines of the...Global workforce transformation by 2030: WEF predicts 78 million new jobs amid disruptive changes
The widening skills gap challenges employers, with over 59% of the workforce needing reskilling while millions risk redundancy due to insufficient training for future job market demands.Democratization of investments: Digital platforms open private equity to individual investors
The shift towards greater accessibility – which has accelerated particularly within the last five years – has opened up new opportunities for individual investors, allowing them to access sophisticated tools, strategies, and asset classes previously reserved for the wealthy elite, the author adds.UAE labour market transforms with AI revolution and growing demand for high-skill professions
The country is among the most attractive markets for skilled global professionals and talent, thanks to its competitive advantages, including advanced infrastructure, diverse opportunities, and forward-looking strategies emphasizing digital transformation and sustainability.Global markets rode AI, interest rate roller coaster in 2024
Paris, France - Despite political upheavals, stock markets and bitcoin smashed records in 2024, fuelled by investor enthusiasm for Artificial Intelligence (AI), falling interest rates, and hopes of tax cuts. Here are four of the most remarkable aspects of 2024 for financial markets: Stock records fall like dominoes Wall Street's three main...Musk’s AI startup raises $6bn more, Saudi and Qatari funds among investors
Paris, France -- Billionaire tech mogul Elon Musk's startup xAI said it had raised $6 billion from investors in its latest funding round, as it battles stiff competition in the artificial intelligence market. The firm, whose flagship product is the Grok chatbot, garnered support from US venture capitalists, chipmakers NVIDIA and...Google unveils its most advanced Artificial Intelligence model, Gemini 2.0
San Francisco, United States -- Google on Wednesday announced the launch of Gemini 2.0, its most advanced artificial intelligence model to date, as the world's tech giants race to take the lead in the fast-developing technology. CEO Sundar Pichai said the new model would be marking what the company calls "a...AI as the next frontier: Opportunities for channel partners to lead the way
AI offers an infinite number of selling and upselling opportunities. Resellers with the right strategic long-term approach will clearly develop. They only need to set a correct business planning with key milestones, priorities and build-up their skills accordingly. Mindware is here to support and help to convert those opportunities into...‘AI saved 1.5 billion liters of water, cut carbon emissions equivalent to 1 million trees in Saudi Arabia’
Riyadh, Saudi Arabia – Artificial intelligence (AI) has contributed to saving 150 million sheets of paper and conserving 1.5 billion liters of water, Saudi Data & AI Authority (SDAIA) President Abdullah bin Sharaf Alghamdi said on Wednesday.In a speech at the Saudi Green Initiative Forum 2024 held on the sidelines...Tech firms aiming for smaller, leaner AI models
Smaller AI models save energy, reduce costs, and enhance data security but work alongside large models for advanced solutions.Is AI front and center in the future of Aviation?
AI will play a key role in aviation but aircraft manufacturing troubles are casting darker shadows over profitability post-COVID-19. The sector's stigma as a climate polluter is also not going awayHow public-private partnerships can ensure ethical, sustainable and inclusive AI development
Public-private partnerships (PPPs) address AI bias by combining ethical guidelines with technological auditing tools. Governments set accountability frameworks, and companies implement bias-correction mechanisms, ensuring AI systems are fair, inclusive, and trusted by the public, the author adds.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.‘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...Global VC investment falls to lowest level in nearly seven years
Global VC investment fell from a five-quarter high of US$95.5 billion in Q2'24 to a nearly seven-year low of US$70.1 billion in Q3'24, amid ongoing geopolitical conflicts, the continued exit droughtMicrosoft 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...




















































