Tech titans announced better-than-expected earnings.

Doha, Qatar-- Qatar has recorded a 70 percent growth in annual foreign direct investment (FDI) between 2019 and 2022. Just last year alone, the country received $29.78 billion in foreign investments, resulting in 13,972 jobs across sectors such as business services, technology, financial services and other industries. Investment Promotion Agency...

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...

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.

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...

The new, more powerful version of Meta's model, called Llama 2, would be available to any business for download or through Microsoft's Azure cloud service in a special partnership with the Windows maker. The Microsoft tie-in comes on top of that company's major partnership with OpenAI, signaling Microsoft is attempting...

Dubai, UAE-- Seeking to forge partnerships around the world, Dubai Chambers will host a two-day event in November this year called Dubai Business Forum, bringing together key public and private sector stakeholders. The event will be hosted at the city’s Madinat Jumeirah on 1st and 2nd November, 2023, under the...

"The Emirati-Indian economic cooperation is gaining increasing momentum in sectors of the circular economy, tourism, aviation, entrepreneurship, small and medium enterprises, renewable energy, technology, digital transformation and transportation, in light of their economic partnership and the capabilities," he adds.

Customs spokesman Lyu Daliang also pointed to outside forces having a "direct impact" on Chinese trade, with Beijing engaged in a long-running stand-off with the United States on a number of issues including trade and technology.

The US tech giant unveiled Bard in February but delayed its release in the European Union as the bloc plans to regulate artificial intelligence amid concerns about risks associated with the rapidly growing technology. The company said it would incorporate user feedback and take steps to protect people's privacy and data as...

New York, United States - Wall Street stocks mostly rose early Tuesday amid signs of greater broadening in the equity market beyond technology. Briefing.com analyst Patrick O'Hare pointed to greater momentum for industrials and other "cyclical" sectors tied to economic growth "suggesting that there was a rotation of money within the...

For years, Facebook's algorithm automatically moved posts lower in the feed if they were flagged by one of the platform's third-party fact-checking partners, including AFP, reducing the visibility of false or misleading content. Under a new "content reduced by fact-checking" option that now appears in Facebook's settings, users have flexibility...

Paris, France - Twitter has announced that TweetDeck, a popular program that allows users to monitor several accounts at once, will be available only to "verified" users from next month. The social media firm, bought by billionaire Elon Musk last year, has been thrashing around for ways to make a profit,...

The UN hopes to lay out a clear blueprint on the way forward for handling AI, as development of the technology races ahead the capacity to set its boundaries. The "AI for Good Global Summit", being held in Geneva on Thursday and Friday, will bring together around 3,000 experts from...

WASHINGTON, US-  Google revealed seven new features to be added to Google Chat, a communication and collaboration tool, to enhance the user experience on the app. The upcoming additions include the integration of Gmail features, improved editing, quoting options, and the ability to include apps in personal conversations. One of...

Geneva, Switzerland - United Nations Conference on Trade and Development (UNCTAD) said the COVID-19 pandemic, Ukraine crisis and the climate crises are having a devastating effect on progress towards the SDGs. The UNCTAD released the fifth edition of its annual SDG Pulse, a global reference for tracking progress towards achieving...

"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.

While younger generations in Israel no longer share their predecessors' farming ambitions, the country's agricultural experience wed with its innovative and powerful tech sector yield "many agriculture technologies" that can support farmers into the future, Friedman, a former agriculture ministry official said. One of the biggest challenges facing agriculture, according...

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.

SANTA CLARA, US -  The CEO of Nvidia said that the world's most valuable chipmaker is "extremely likely" to invest in Europe. Nvidia's Jensen Huang told reporters that expanding in Europe was a "wonderful idea." By investing money in Europe, Nvidia would join other semiconductor giants like Intel that are also...

Executive education in GCC countries is being driven by economic diversification and technological trends, Peter Zemsky, Deputy Dean of INSEAD, tells TRENDS in an interview.

GCC banks see continued growth on the back of innovation, tech focus and sustained government support. TRENDS Special Report analyzes factors that shape the sector.

The first phase works, costing $200m, likely to completed in 30 months.

The move fits in with its plan to reorganize business operations.

The "agreement in principle" would see the semiconductor firm build the facility in southern city Kiryat Gat that would open by 2027 and operate at least until 2035, Israel's finance ministry said. As part of the deal, Intel's taxes to Israel would rise from five to 7.5%, the finance ministry...

US Secretary of State Antony Blinken is in Beijing for key discussions, marking the first top-level US visit in five years. Amid rising tensions and conflicts over trade, technology, and security, both countries display cautious optimism for better communication and a potential easing of bilateral strains.

Dubai, UAE -- Abu Dhabi's Department of Economic Development (ADDED) has joined forces with Valeo, a global automotive technology company, to establish a technology hub in Abu Dhabi for the production of autonomous and electric car components. The partnership aims to accelerate the growth of the automotive industry in the...

Dubai, UAE-- Dubai Airshow 2023 will show off the latest trends in the advanced aerial mobility (AAM) market as disruptive methods of aerial transportation are becoming the future of aviation. Set to take place from 13-17 November 2023 at Dubai World Central, Dubai Airshow Site, the show will give a...

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.

The EU's plans date back to 2021, the draft rules took on greater urgency when ChatGPT exploded onto the scene last year, showing off AI's dizzying development and the possible risks. There is also growing clamour to regulate AI across the Atlantic, as pressure grows on Western governments to act fast...

The new unit is headed by former SVB UK boss Erin Platts.

ChatGPT has captured the world's imagination with its capacity to generate human-like conversations, writing and translations in seconds. But it has raised concern across many sectors, including in education, where some worry students will abuse the tool or turn to it rather than producing original work.

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 --...

Sharjah, UAE-- The Sharjah Electricity Water and Gas Authority (SEWA) has held talks with a US consulate-general delegation to explore efforts in promoting innovation in energy and water and developing sustainable solution for energy production using advanced technologies. In this regard, Abdullah Abdul Rahman Al Shamsi, Director-General of SEWA, hosted...

Investment agreements between the two sides covered diverse sectors such as technology, renewables, agriculture, real estate, minerals, supply chains, tourism, and healthcare.

DUBAI, UAE - Dubai’s Roads and Transport Authority (RTA) has signed a strategic partnership agreement with Al-Futtaim Automotive to deploy 360 vehicles, including electric and hybrid variants, for use in conferences and events over a three-year period. As part of the agreement, which supports RTA's sustainable transport network and the...

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.

A new-generation Quest 3 with improved performance and slimmed design will be available later this year at a starting price of $500. Zuckerberg described the coming model as Meta's "most powerful headset yet" and promised it would provide the best wireless way to experience mixed and virtual reality.

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...

Tehran, Iran-- With the restoration of diplomatic ties between Iran and Saudi Arabia, the talk in government circles in Tehran is now focused on cooperating with Riyadh on peaceful nuclear technologies. A hint of the potential cooperation between the two former adversaries came in a tweet by a media outlet...

CUPERTINO, California: Apple on Monday unveiled Apple Vision Pro, a spatial computer that seamlessly blends digital content with the physical world, while allowing users to stay present and connected to others. Vision Pro creates an infinite canvas for apps that scales beyond the boundaries of a traditional display and introduces...

Tourism and Finance were the next flourishing sectors named in the poll in which the majority of the respondents were in the 20-29 age group and mostly from Egypt.

DUBAI, UAE - US special climate envoy John Kerry has met senior Emirati officials in Abu Dhabi, including the head of the United Nations' upcoming climate change conference, official media reported on Sunday. The choice of Sultan Al Jaber, chief executive of the Abu Dhabi National Oil Company (ADNOC), to head...

In March, alarmed that ChatGPT creator OpenAI was releasing its latest and more powerful AI model with Microsoft, Marcus signed an open letter with more than 1,000 people including Elon Musk calling for a global pause in AI development. But last week he did not sign the more succinct statement...

The Middle East headquarters has been set up in Riyadh.

Dubai, UAE--Dubai held the first trial of medical delivery by drones at the Dubai Silicon Oasis (DSO), in yet another unique public-private sector partnership. The completion of the trial makes Fakeeh University Hospital, an academic-focused smart healthcare facility based in DSO, the first healthcare provider in the Middle East to...

Dubai, UAE-- The UAE government has launched an AI-powered chatbot that allows users to access information about government services in one place in Arabic and English. The “U-Ask” platform, a unified AI-powered chatbot, is now available on the official portal of the UAE government. Using generative AI technology, the platform...

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".

The company will follow it up with a listing on QSE.

The UAE's strategic allure for global talent through enticing policies clashes with Saudi Arabia's ambitious Vision 2030, diversifying economy and broadening talent avenues.