FPT and Nvidia to build AI factory
Nvidia had invested around $250 million in Vietnam.
The fight over a ‘dangerous’ ideology shaping AI debate
Paris, France - Silicon Valley's favorite philosophy, longtermism, has helped to frame the debate on artificial intelligence around the idea of human extinction. But increasingly vocal critics are warning that the philosophy is dangerous, and the obsession with extinction distracts from real problems associated with AI like data theft and biased...AI revolution in video games has industry players treading warily
The ultra-connected industry is eyeing the innovation warily, with fears growing that jobs could be made redundant and artistic creations usurped. Responsive non-playable characters or the automatic generation of images, code and game scenarios are among the possible uses for developers using AI.AI risks repeating social media mistakes, says Microsoft president
NEW DELHI, INDIA - Breakneck development of artificial intelligence risked repeating mistakes made by the tech industry at the start of the social media era, Microsoft president Brad Smith told a business forum on Friday. Rapid advancements in AI have stoked global alarm over the technology's potential for disinformation, misuse and...Bing, LinkedIn vow more ads transparency
It comes as EU rules on tech platforms enter into force.AI chips revenue to reach $53bn in 2023: study
Dubai, UAE – The global semiconductor industry is set to witness a significant revenue boost in the coming year, with artificial intelligence (AI) chips taking center stage. According to the latest report from Gartner, Inc., AI chip revenues are projected to reach a staggering $53.4 billion in 2023, marking a...Markets surge as traders await Powell speech, Nvidia results
A rally in Nvidia helped propel gains in global markets earlier this week, though traders could not keep up the buying owing to ongoing rate worries.Generative AI likely to supplement than destroy jobs: ILO
Geneva, Switzerland -- Generative Artificial Intelligence (AI) is more likely to augment than destroy jobs by automating some tasks rather than taking over a role entirely, a new study from the International Labour Organization (ILO) has found. The study, "Generative AI and Jobs: A global analysis of potential effects on...Bahrain supports AI tendering platform, Procural, to create jobs
Manama, Bahrain - Tamkeen, a semi-autonomous government agency, tasked with developing Bahrain's private sector has decided to support the Bahrain-based business-to-business (B2B) tendering platform, Procural, as part of its effort to create new jobs for Bahrainis. The support will enable Procural to enhance its ability to use cloud-based technology and...Use of technology, innovation crucial in daily life
"Multi-carrier aggregation is a proven method to enhance both the peak and average throughputs of wireless networks. This deployment underscores our unwavering commitment to the UAE's vision of fostering greater technological and innovative integration in every facet of our lives in the country," he adds.Rise of the machines: AI spells danger for Hollywood stunt workers
The lack of guarantees over the future use of AI is one of the major factors at stake in the ongoing strike by the Screen Actors Guild (SAG-AFTRA) and Hollywood's writers, who have been on the picket lines 100 days. SAG-AFTRA last month warned that studios intend to create realistic...Alibaba quarterly revenue up 14 percent
Alibaba's revenue amounted to 234.1 billion yuan ($32.5 billion).Generative AI brings challenges and opportunities
"New technologies like generative AI bring both opportunities and risks. A holistic AI strategy ensures privacy, security, and compliance, considering beneficial AI use cases, resources, governance framework, and evaluating artificial intelligence's impact on employees and customers," she adds.AI anxiety: workers fret over uncertain future
Legal assistants, programmers, accountants and financial advisors are among those professions feeling threatened by generative AI.Iran guards launch naval drills near Gulf islands claimed by UAE
Tehran, Iran - Iran's Revolutionary Guards launched naval drills on Wednesday near strategic Gulf islands controlled by Iran but claimed by the United Arab Emirates, state media said. The manoeuvres, which were being held mainly near Abu Musa island but also around Greater and Lesser Tunb, came two weeks after the...Middle East will spend $3bn on Artificial Intelligence in 2023: study
Dubai, UAE - The International Data Corporation (IDC) has forecasted that the Middle East will spend $3 billion on AI in 2023, with this figure expected to more than double to $6.4 billion by 2026. CEOs in the region are recognizing the significance of AI for their businesses, with over...Upskilling key to offset AI banking job losses
Increasing adoption of Artificial Intelligence in banking operations could lead to automation of nearly 52 percent of jobs by 2025. Experts recommend upskilling, training and continuous learning to adapt to the change.UAE newsrooms lagging in adoption of AI: study
Ras Al Khaimah, UAE: While the global news media world is being disrupted by Artificial Intelligence (AI) led by bigtime players, news organisations in the UAE have been slow in the use and adoption of AI in newsrooms, according to a paper authored by three university researchers. The findings suggest...Tech titans promise watermarks to expose AI creations
Representatives from Amazon, Anthropic, Google, Inflection, Meta, Microsoft, and OpenAI were to join US President Joe Biden later Friday to announce the commitments, which include developing "robust technical mechanisms" such as watermarking systems to ensure that users know when content is AI-generated, according to a White House official. Worry that...Security, trust: Tech titans promise watermarks on AI creations
Representatives from Amazon, Anthropic, Google, Inflection, Meta, Microsoft, and OpenAI were to join US President Joe Biden later Friday to announce the commitments, which include developing "robust technical mechanisms" such as watermarking systems to ensure that users know when content is AI-generated, according to a White House official.G42, Cerebras unveil world’s largest supercomputer for AI training, deal worth $100m
Sunnyvale, CA: G42, the UAE-based technology group and Cerebras Systems, the company specializing in accelerating generative AI on Thursday announced Condor Galaxy, a network of nine interconnected supercomputers, offering a new approach to AI compute that promises to significantly reduce AI model training time. Cerebras Systems said that it has...Harness AI opportunities, assess threats to peace
"AI development is now outpacing Moore's Law and moving at breakneck speed, and governments are unable to keep up. This is the wake-up call we need," asserts Sharaf, urging for a balanced outlook towards AI, emphasizing the need for "optimistic realists" who assess the possible threats posed by AI to...DEWA, Huawei ink deal to bolster digital change, decarbonization
Guangdong, China - A DEWA delegation led by Al Tayer, MD and CEO DEWA, discussed enhancing cooperation and exchanging experiences in energy storage, smart grids, digital transformation, cloud computing, and electric vehicle charging station with Huawei in China. Digital DEWA and Huawei signed an MoU which focuses on accelerating digital...OECD urges wealthy nations to prepare for ‘AI revolution’ impact
Paris, France - The world's wealthiest nations must urgently prepare for the impact of an imminent "AI revolution" that will change jobs, create new ones and make others disappear, the OECD said Tuesday. The rapid development of artificial intelligence -- with tools that can generate essays, create images and even pass...UAE bolsters AI integration to boost competitiveness
"The UAE government prioritizes keeping pace with global advancements to proactively address opportunities and challenges," adds Al Olama. "This priority includes fostering collaboration among government entities, aiming to expedite the UAE's digital transformation, and harnessing technology to design innovative models for a sustainable economy."Israel parliament adopts key clause of controversial judicial overhaul
Tel Aviv, Israel - Israel's parliament adopted in a first reading a controversial bill that would limit court powers, in a new offensive to push ahead with a judicial overhaul that has split the nation. The changes, proposed by the hard-right government of Prime Minister Benjamin Netanyahu, have sparked one...AI ‘disrupts economy’ but Middle East optimistic
The Boston Consulting Group survey found that 58 percent of Middle East employees, managers, and leaders believe that AI will have a positive impact on their work.French startup bets on kitesurf to blow away shipping pollution
The shipping sector is under fresh pressure to reduce its reliance on fossil fuels as the International Maritime Organization sealed a deal on Friday that raises its emissions-reduction targets. In Arcachon Bay in southwest France, the startup Beyond The Sea tested a blue inflatable kite sail to pull a specially-designed...AI robots at UN say they could run the world in a better way
GENEVA, SWITZERLAND - A panel of AI-enabled humanoid robots told a United Nations summit on Friday that they could eventually run the world better than humans. But the social robots said they felt humans should proceed with caution when embracing the rapidly-developing potential of artificial intelligence. And they admitted that they...Twitter undergoes complex changes as Meta all set to unveil rival app
PARIS, FRANCE- Elon Musk spent the weekend further alienating Twitter users with more drastic changes to the social media giant, and he is facing a new challenge as tech nemesis Mark Zuckerberg prepares to launch a rival app this week. Zuckerberg's Meta group, which owns Facebook, has listed a new app...Facebook owner Meta to launch Twitter-like ‘Threads’ app
Thread's launch comes after a period of uncertainty at Twitter since Tesla owner Elon Musk took over in October, with the billionaire restructuring the company, firing thousands and placing many features behind a subscription paywall. Threads will enable users to "connect directly with your favorite creators and others who love...AI helps KSA rule Global Government Strategy Index
Saudi Arabia's impressive performance in the 2023 Global AI Index is attributed to its comprehensive National Strategy for AI and dedicated government agency.In AI tussle, Twitter restricts number of posts users can read
The decision was made "to address extreme levels of data scraping" and "system manipulation" by third-party platforms, Musk said in a tweet Saturday afternoon, as some users quickly hit their limits. The company is limiting verified accounts to reading 10,000 tweets a day and non-verified users are limited to reading...Hajj pilgrims continue rituals on third day of Eid Al-Adha in Mina
Mina, Saudi Arabia – Pilgrims were continuing with their religious rites on Friday, the third day of Eid Al-Adha, participating in the stoning ritual at the Jamarat facility. Upon completion of this ritual, the faithful were moving towards the Grand Holy Mosque for the farewell circumambulation. Bahrain’s Minister of Information,...Greater data access and control for users as EU modifies digital policy
"Once the data act enters into force, it will unlock the economic and societal potential of data and technologies and contribute to an internal market for data," said Sweden's minister for public administration Erik Slottner.Will Artificial Intelligence really destroy humanity?
A group of scientists who were using AI to help discover new drugs ran an experiment where they tweaked their AI to search for harmful molecules instead. They managed to generate 40,000 potentially poisonous agents in less than six hours, as reported in the Nature Machine Intelligence journal.Tech-driven sustainability focus of banks
Financial institutions in the Gulf region are also focusing on sustainable practices like renewable energy investments, reducing their carbon footprint, and supporting sustainable businesses, say experts,GCC banking’s tech shift saves time, money
GCC banks started adopting online and mobile banking, and ATMs, in the 1990s and 2000s. More recently, they've integrated advanced technologies like AI, blockchain, and big data, enhancing customer service and fraud detection.Rise of AI voice scams causes alarm in the US
The biggest peril of Artificial Intelligence, experts say, is its ability to demolish the boundaries between reality and fiction, handing cybercriminals a cheap and effective technology to propagate disinformation. In a new breed of scams that has rattled US authorities, fraudsters are using strikingly convincing AI voice cloning tools --...Arab-China summit will bolster bilateral economic ties
The event is aimed at bolstering trade and economic alliances between Arab and Chinese business communities and to explore a variety of investment opportunities. The sectors in focus include technology, renewable energy, agriculture, real estate, minerals, and supply chains.UK to hold first AI summit, says Sunak on his US visit
Opening his two-day trip, the prime minister announced that Britain would hold the world's first summit on artificial intelligence in the second half of the year. "AI has an incredible potential to transform our lives for the better. But we need to make sure it is developed and used in...AI meets VR to keep Holocaust memory alive
Through AI, users of a VR headset can have a "conversation" with Holocaust survivor Inge Auerbacher, asking about her encounters with loss and occasional heroism.Global action needed to reduce ‘extinction risk’ from AI, say experts
A one-line statement signed by dozens of specialists, including Sam Altman whose firm OpenAI created the ChatGPT bot, said tackling the risks from AI should be "a global priority alongside other societal-scale risks such as pandemics and nuclear war".Falcon 40B, UAE’s open-source AI model ranks No 1 on Hugging Face’s Leaderboard
Abu Dhabi, UAE - Falcon 40B, the UAE’s first large-scale open-source, 40-billion-parameter AI model launched by Abu Dhabi’s Technology Innovation Institute (TII) last week, soared to the top spot on Hugging Face’s latest Open Large Language Model (LLM) Leaderboard. Hugging Face, an American company seeking to democratize artificial intelligence through...World at tipping point of new computer era: Nvidia chief
Jensen Huang unveiled a raft of AI-related products in his first public speech in four years at Taiwan tech trade show, which included an AI supercomputer platform called DGX GH200, which he said is now "in full production".AI disinformation potential sparks fears for US 2024 race
Campaigns on both sides of the political divide are likely to harness this technology -- which is cheap, easily accessible and whose advances have vastly outpaced regulatory responses -- for voter outreach and to churn out fundraising newsletters within seconds. But technologists also warn of bad actors exploiting AI to...TRENDS Poll: 38% feel AI threatens their jobs
New job opportunities are expected to emerge, but only individuals with advanced technological skills and education would be eligible for them.ÂMusk secures approval for direct brain-computer interface technology
Neuralink said clearance from the US Food and Drug Administration (FDA) for its first in-human clinical study is "an important first step" for its technology, which is intended to let brains interface directly with computers. Members of the Neuralink team have shared a "wish list" that ranged from technology returning...G7 to focus on ‘responsible’ use of artificial intelligence
The world must assess the impact of generative artificial intelligence, G7 leaders said, announcing they will launch discussions this year on "responsible" use of the technology. A working group will be set up to tackle issues from copyright to disinformation, the seven leading economies said in a communique during a...Elon Musk says Microsoft broke its rules for developers
Twitter called on Microsoft to identify all Twitter content that has been in its control during the past two years; how it is stored and what has been done with it, according to the letter sent to Nadella. Microsoft confirmed receiving a letter from a law firm representing Twitter with...Digital literacy to boost UAE’s tech, AI revolution
The goal is to create a prosperous digital economy, built upon a robust digital infrastructure and a regulatory and legislative framework, says UAE Minister of State for AI.