Tech does what we tell it, Dell founder tells Future Investment Initiative Priority summit in Miami

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MIAMI: “Technology doesn’t wake up in the morning and say, ‘I’m going to be good or bad today’… it does what we tell it to do,” Michael Dell, the founder and CEO of tech company Dell told the Future Investment Initiative Priority summit in Miami on Thursday. “And so we have to have it reflect … Read more

World leaders in business, finance and tech gather in Miami for the 2nd FII Priority Summit

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MIAMI: From conflict and climate change to the rise of disruptive new technologies like artificial intelligence, humanity faces an array of challenges. That is why world leaders in business and finance are meeting in Miami this week to discuss potential solutions. The second edition of the Future Investment Initiative Priority Summit kicks off in the … Read more

PIF’s Alat to help Saudi Arabia develop tech ecosystem, official explains  

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RIYADH: Saudi Arabia’s capital market sector is progressing in the right direction, enabling the Kingdom to achieve its goals outlined in Vision 2030, said an expert.  In an interview with Arab News on the sidelines of the Capital Market Forum in Riyadh, the European Director of Bloomberg, Constantin Cotzias, said that the Kingdom’s plans to … Read more

Egypt, Brazil sign deals on meat exports, science and tech cooperation

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SAO PAULO: During his official visit to Cairo on Thursday, Brazilian President Lula da Silva witnessed the signing of two key agreements with the Egyptian government. President Abdel Fattah El-Sisi also attended the signing ceremony. The first agreement is a protocol that simplifies the export process for Brazilian beef, poultry and pork to Egypt. It … Read more

US sanctions Iran Central Bank subsidiary for US tech procurement and violating export rules

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WASHINGTON: The US on Wednesday imposed sanctions on three people and four firms — across Iran, the United Arab Emirates and Turkiye — for allegedly helping to export goods and technology purchased from US companies to Iran and the nation’s central bank. Treasury’s Office of Foreign Assets Control said the procurement network transferred US technology … Read more

AI tech is in TV equivalent of monochrome but future is ‘bright’: CEO of OpenAI

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DUBAI: Artificial intelligence technology is currently in television’s equivalent of “black and white” but the coming decade “will be remarkable,” said Sam Altman, CEO of OpenAI, on Tuesday. Speaking via video on the second day of the World Governments Summit underway in Dubai, Altman said the “bright future” promised by AI would transform education and … Read more

Modern tech use leads to 50% reduction in road accidents in 5 years, Saudi minister says

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RIYADH: Saudi Arabia plans to stimulate urban policies to ensure coordinated services for residents by 2025 as part of its efforts to boost quality of life, says top minister.  Speaking during the opening remarks of the first Global Smart City Forum held in Riyadh, the Kingdom’s Minister of Municipal and Rural Affairs and Housing Majid … Read more

8 global tech firms commit to ethical AI in collaboration with UNESCO

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‘Journalistic malpractice’: CNN staff rebel over network’s pro-Israel coverage DUBAI: Staffers at CNN are rallying against the network’s coverage of the Israel-Hamas conflict over claims that editorial policies are censoring Palestinian perspectives and promoting Israeli propaganda. Journalists in CNN newsrooms in countries including the US said that the network’s story-approval process and management edicts have … Read more

Focus on generative AI for economic growth at Riyadh tech conference

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RIYADH: The third LEAP 2024 tech conference, commencing on March 4 at the Riyadh Exhibition and Convention Center, will see participants focus on the use of generative artificial intelligence as a driver of economic growth.  More than 172,000 visitors and 120 firms are expected at the four-day event, which is being held in collaboration with … Read more

KACST, ACWA Power to establish clean tech research facility 

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RIYADH: The King Abdulaziz City for Science and Technology and ACWA Power have signed a deal to establish a research center for clean energy and desalination technologies, the Saudi Press Agency reported on Sunday. The Center for the Development of Clean Energy Technologies and Water Desalination marks a pivotal step toward advancing eco-friendly energy and … Read more