SAN FRANCISCO, US - Google CEO Sundar Pichai has warned employees that more layoffs are in store at the search engine giant as it focused on new priorities, including artificial intelligence. "These role eliminations are not at the scale of last year's reductions and will not touch every team. But I...

The Middle East's oil and gas sector also stays on hit list of of cyberattackers, Trellix CEO Bryan Palma tells TRENDS, stressing the need for widespread cybersecurity investments.

"By leveraging advanced data analysis techniques to process extensive datasets from diverse sources, including genomic data, scientific literature, and clinical trials, AI algorithms can identify potential drug candidates, predict their efficacy, and optimize their design," he adds.

Artificial intelligence poses risks to job security around the world but also offers a "tremendous opportunity" to boost flagging productivity levels and fuel global growth, the IMF chief told AFP. AI will affect 60 percent of jobs in advanced economies, the International Monetary Fund's managing director, Kristalina Georgieva, said in...

The IMF sees an important opportunity for policy prescriptions to help address these concerns, Georgieva told AFP. "We must focus on helping low-income countries in particular to move faster to be able to catch the opportunities that artificial intelligence will present," she said.

In the GCC's evolving cybersecurity realm, AI integration is crucial, driving economic growth and transforming defense strategies against complex cyber threats.

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) announced that its customers conducted around 12.5 million digital transactions in 2023, compared to around 10 million digital transactions in 2022, an increase of about 25 percent. This reflects DEWA’s leading role in supporting the leadership’s vision to make Dubai the...

The upcoming Davos summit is set to become a melting pot of discussions on critical global issues, including the conflicts in Gaza and Ukraine, and the rapid rise of AI.

DUBAI, UAE - The Artificial Intelligence (AI) revolution is upon us, with AI becoming a pervasive force in our daily lives, an expert has said. Igor Tulchinsky, Founder, Chairman and Chief Executive Officer, WorldQuant, wrote for the World Economic Forum that while AI brings tremendous potential benefits — from diagnosing...

Dubai, UAE -- Regulations alone will not safeguard the public against nefarious uses of Artificial Intelligence, people also need to be educated on how generative AI is used, what can be gained and what they should look out for while consuming it, an expert has said. Victor Riparbelli, cofounder and...

Models on which AI is built have improved dramatically since last CES and the debut of OpenAI's ChatGPT, and they are being applied in meaningful ways for consumers, according to Greengart. "There is little doubt that the tech ecosystem gathering in Las Vegas will focus on AI everywhere and on-device...

"Most of the global trends are positive if analyzed in terms of economic value. Countries have developed and lifted millions out of poverty. Artificial Intelligence is doubling productivity, in addition to medical breakthroughs, social, economic, and political stability that many countries are enjoying,” adds Al Gergawi.

Companies in the region are leveraging artificial intelligence to enhance customer experiences, streamline operations, and stay competitive in the dynamic marketplace.

"The United Nations will keep rallying the world for peace, sustainable development and human rights. Let’s resolve to make 2024 a year of building trust and hope in all that we can accomplish together. I wish you a happy and peaceful New Year," the United Nations Secretary-General adds.

“To ensure AI makes ethical, inclusive, and prosperous decisions, we must educate ourselves on its workings. It’s crucial to manage how and what AI learns, rather than just its outcomes and repercussions,” he adds, underscoring AI’s potential in technological advancement and sustainable development.

NEW YORK, US - Artists under siege by artificial intelligence (AI) that studies their work, then replicates their styles, have teamed with university researchers to stymy such copycat activity. US illustrator Paloma McClain went into defense mode after learning that several AI models had been "trained" using her art, with no...

Several companies specialising in so-called "ghost bots" have emerged in the United States in recent years. But the industry is booming in China, according to Zhang Zewei, the founder of the AI firm Super Brain and a former collaborator with Wu.

Gina Raimondo unveiled a series of  restrictions on the export of advanced chips to China, including those used in the development of AI, to prevent their use by Beijing for its military. She said that Nvidia had developed a product that performs just below the limit set by her department...

ABU DHABI, UAE - CEO and Co-Founder of Astra Tech Abdallah Abu-Sheikh said that the company will launch its first financial services empowered by artificial intelligence (AI) in 2024. In statements to the Emirates News Agency (WAM) on the sidelines of the Abu Dhabi Financial Week (ADFW), Abu-Sheikh said that...

Spanish energy company Iberdrola announced £7 billion of funding for offshore wind infrastructure while US tech giant Microsoft plans to invest £2.5 billion in artificial intelligence (AI) infrastructure, including data centers.

“We would like the UAE to be a partner in our current process of investing in infrastructure. It is a marriage that pleases both parties. They are interested in investing in long-term projects, lasting twenty or 30 years, such as ports, highways, airports, and the food security sector. And we...

The five-day saga began on Friday, when Altman was abruptly sacked by the board for reasons that are still unclear. The board said in a statement that it had sacked Altman because "he was not consistently candid in his communications with the board," without elaborating further.

Artificial intelligence automates tasks and boosts capabilities, leading to transformative changes in job roles, productivity, and staff engagement dynamics.

New York, United States - Wall Street stocks resumed their upward climb early Wednesday following strong results from artificial intelligence player Nvidia as US Treasury yields retreated. Nvidia said it made a profit of $9.2 billion on revenue of a whopping $18.1 billion in the third quarter, compared with $5.9 billion...

AI and NLP are revolutionizing workplace efficiency by enabling employees to swiftly access essential information, thereby augmenting customer and personal convenience. Invisible virtual assistants streamline tasks, such as directly emailing the service desk for ticket creation or speeding up purchase requisitions and expenses, he adds.

His dismissal caught the tech world by surprise, with rumors rife on social media as to the cause of the sudden sacking. A statement about the firing by OpenAI referred to its stated mission of making sure AI benefits everyone, and said that new leadership is needed for the company...

AI and data stakeholders will gather at Global Data Dialogue 2023 -- to be hosted in Dubai next week by DataLEADS -- to discuss AI's sector-wide transformative potential.

Observers say Beijing is massively investing in AI, to the point where it may soon be able to change the balance of power in the Asia-Pacific, and perhaps beyond. And that has profound implications for a world order that has long been dominated by the United States.

Paris, France - Russia has been spreading "disinformation" about the situation in the Middle East, the president of Microsoft said on Saturday, as tensions soar in the region due to the Israel-Hamas war. Brad Smith, Microsoft vice chair and president, was asked about the role of the US tech giant in...

BONN, GERMANY - Artificial intelligence (AI) can make substantial contributions to climate-resilient and low-emissions development. UN Climate Change’s Initiative on Artificial Intelligence for Climate Action (#AI4ClimateAction) explores the role of AI as a powerful tool for advancing and scaling up transformative climate action in developing countries. In line with the...

WASHINGTON, US - Elon Musk said his new artificial intelligence company would release a new AI model on Saturday to a "select group" of users as he looks to rival industry leaders OpenAI and Google. The release would be the first from Musk's new startup, xAI, that he launched in July...

London, United Kingdom – UK Prime Minister Rishi Sunak on Thursday hosts political and tech leaders at the inaugural global AI safety summit, predicting the technology will radically alter society for generations to come. The release of ChatGPT and other generative AI systems, which are capable of quickly producing text,...

"The PSA should champion digital transformation in Qatar by equipping the national statistics system with comprehensive, accurate, and reliable data. This data should cater to diverse beneficiaries and enable Qatar to fulfill its commitments towards achieving national development goals," he adds.

Cities like Dubai and Riyadh are harnessing AI to redefine every facet of property dealings, from development to management, Tripler CEO Sam Singh tells TRENDS.

New York, United States-- United Nations Secretary-General António Guterres Friday announced the selection of Saudi Arabia to the UN Advisory Body on Artificial Intelligence (AI), which consists of 39 members representing government and private and civil-society organizations and the academic community from various countries around the world.Shura Council member Dr....

They will deploy AI in Thuraya and Yahsat satellites

The emirate's pro-business policies, dedicated trade zones, and emphasis on tech innovation position it as a premier financial hub, George Pavel of Capex.com tells TRENDS in an interview.

"With the ICA's theme, 'Enriching Knowledge Societies,' we're poised to delve into myriad topics, including the pivotal role of artificial intelligence (AI) in archiving and record-keeping," she adds while expressing eagerness to explore AI's impact on their work and to foster collaborative strategies for the profession's future.

In landmark developments, Saudi Arabia and Pakistan have taken significant strides to enhance their bilateral relations, especially in the economic and technological arenas.

"The Summit acts as a nexus, uniting government officials, international organizations, business magnates, community institutions, scholars, and innovators. This collective aims to set trends, foresee changes, and proactively tackle challenges with innovative solutions," Al Olama adds.

The company launched AI-infused chatbots with personalities at the gathering, along with tools for creating images or written content using spoken prompts. It has been seen as lagging rivals like Microsoft and Google, which have pushed out generative AI products and invested heavily in the technology seen as a force...

The financial services sector is witnessing transformative changes, driven by rising demands for personalized services and the integration of cutting-edge technologies.

The estimated worth for the company behind generative artificial intelligence platform ChatGPT is nearly triple that of just a year ago, according to the report in the financial daily citing unnamed people familiar with the discussions. Microsoft has invested billions of dollars in OpenAI, kicking off an AI race among...

Facing challenges like varied categorization and technical standards, GCC economies are turning to innovative solutions. With digital technologies and unified planning, the Gulf region aims to unlock the full potential of their industrial sectors, add the experts from Kearney.

NEW YORK, US - The United Kingdom will be holding a summit on artificial intelligence (AI) so that nations can come together to “understand it, govern it, harness its potential and contain its risks”, Deputy Prime Minister Oliver Dowden told the UN General Assembly. Dowden said the so-named AI Safety...

About 23% of global jobs will transform within five years due to LLMs and AI advancements, according to the World Economic Forum's 'Future of Jobs Report 2023'.

Google has for years discreetly developed AI powers but was caught off guard when OpenAI late last year released ChatGPT and teamed up with Microsoft to make its capabilities available to users worldwide. Google then raced out its own Bard chatbot earlier this year, making it available in more than...

Benjamin Netanyahu announced his meeting with Elon Musk through a post and told that they will discuss artificial intelligence. The tech billionaire launched his own artificial intelligence company, xAI, in July as he seeks to compete with ChatGPT's creator OpenAI.

Fashion innovator Calvin Wong, who has developed the world's first designer-led AI system, says 'we must treasure the designer's original creativity'.

While speaking at the International Government Communication Forum in Sharjah, he emphasized that it's essential to regulate technology and overall policies to ensure cybersecurity and ethical AI use, stressing the necessity of local regulations in addition to international standards.