European Union Strikes Landmark Deal on Comprehensive AI Regulations
The historic deal signifies the world's inaugural comprehensive set of rules governing AI, laying the groundwork for legal oversight on technologies utilised in widely-used generative AI services such as ChatGPT.
Microsoft Believes Indian Tech Firms Will Play A Key Role In AI Development, Adoption Globally
The world's largest vendor of computer software, Microsoft is working with India's IT and ITeS companies in multiple markets to facilitate AI implementation.
US Stocks Extend Rally, Yen Retreats Against Dollar
Wall Street stocks rose Monday ahead of a deluge of key economic news, extending a rally while the yen retreated from a recent advance.
Microsoft President Meets Chinese Government To Discuss AI, Trade Relations, More
The meeting between Microsoft's President and China's Minister of Commerce shows China is still favourable to American businesses.
New Google AI Model "Outperforms" ChatGPT in Most Tests
Described by Google as "its most capable model yet", Gemini is the first to be announced since last month's global AI safety summit.
EU Proposes Three-year Delay On UK Electric Car Tariffs
Brussels proposed Wednesday a three-year delay on tariffs on the sale of electric vehicles between Britain and the EU that was meant to kick in from January, in a major reversal of its previous position.
US Oil Prices Slide Below $70 A Barrel; Mixed Day For Global Stocks
US oil prices finished below $70 a barrel for the first time since July on Wednesday on a mixed day for global equities, as traders pondered hopes for interest rate cuts from the European Central Bank and the US Federal Reserve.
Iran Slammed For Alarming Number Of Executions
In the first 10 months of 2023, more than 600 people have been sentenced to death and executed in Iran.
Formula 1 To Take Sprint Weekends To China And Miami For The First Time Next Season
The six venues for the 2024 Formula 1 sprint events have been announced whilst changes are set to be made to the sprint schedules.
Bank of England To Assess Risks AI Poses To UK Financial Stability
AI and machine learning have been used across the financial sector for at least a decade, such as to help detect fraud and money laundering.
Global Stocks Mixed As US Crude Prices Slips To Five-month Low
Global stocks were mixed Tuesday as investors digested data suggesting a slowing US labor market, while US crude prices sank to a five-month low amid lingering concerns about demand.
AstraZeneca Partners With AI Company to Find Cure For Cancer
Absci, a drug and target discovery company, has been harnessing the power of deep learning AI to develop new and existing disease treatments.
At COP28, Al Gore Takes Aim At Host UAE's Emissions
Armed with satellite images of pipelines, former US vice president and climate champion Al Gore singled out the emissions of the United Arab Emirates at the COP28 talks in the oil-rich monarchy on Sunday.
UK Becomes the First Country To Sign an Online Fraud Charter With Tech Companies
The UK government has signed an Online Fraud Charter with 11 tech companies to tackle online frauds including fake dating profiles and peer-to-peer marketplaces in social media platforms
Shein Applies For New York Listing Despite Forced Labour Allegations
Although the fast-fashion brand has been criticised for exploiting its factory workers, Shein has confidentially filed for an IPO in New York.
Air Pollution From Fossil Fuels Kills 5 Million People Every Year: Study
The disease burden due to air pollution is now estimated to be on par with other major global health risks.
COP28 President Denies Using Climate Talks To Push Oil Deals
The Emirati host of the UN climate conference in Dubai denied Wednesday reports that he used his presidency of the crucial talks on global warming to pursue fossil fuels deals.
AI Will Take "Decades" to Reach Human-Level Intelligence, Says Godfather of AI
Leading technology experts, scholars and industry leaders from around the world converged at a symposium in Hong Kong this week to share their insights on AI.
Wing Go Co-Founder & CEO Raymond Zhu: 'I'm super bullish about Dubai - nowhere else does business better'
The world is full of highly capable engineers and technologists, but many are still waiting for a 'big idea' to strike them
N.Korea Defends Satellite Launch At UN As Kim Takes Images Of White House
North Korea's ambassador made a rare appearance at the UN Security Council on Monday to defend his country's launch of a spy satellite, as leader Kim Jong Un studied images including of the White House and Pentagon.
UAE Sought To Use COP28 To Advance Oil Deals: Report
The United Arab Emirates planned to exploit meetings with foreign governments arranged due to its COP28 hosting role to strike fossil fuel deals, according to leaked documents obtained by the BBC.
UK and US Develop New Global Guidelines for AI In An Attempt To Raise The Cybersecurity Levels
The National Cyber Security Centre (NCSC) drew up the Guidelines for Secure AI System Development with help from industry experts and 21 other international agencies and ministries.
Asian Markets Ease As US Inflation Comes Into View
Asian markets dipped Monday as investors look ahead to the release this week of key US inflation data that could provide a guide for the Federal Reserve's plans for interest rates going into the new year.
COP28 President 'Cautiously Optimistic' On Success Of Key Climate Conference
The UAE's Sultan Al Jaber, the president of the forthcoming UN climate conference in Dubai, is "cautiously optimistic" that the pivotal talks will be successful, he told AFP in an interview on Saturday.
Oil Prices Drop Further After OPEC+ Delay
Oil prices sank further Thursday after the shock decision by OPEC+ to delay a key policy meeting, suggesting fresh discord in the bloc.
China Accused Of Genocide As Hundreds Of Mosques Are Destroyed
As part of its policy that sets out to "sinicise" religious minorities, the Chinese government has ordered the destruction of thousands of mosques.
Xi Critic Who Fled China On A Jet Ski Faces Death, Claims His Father
The dissident was once put behind bars for criticising President Xi Jinping.
The Fallen Kings Of Crypto
Binance boss Changpeng Zhao has become the most powerful cryptocurrency figure to fall in a two-year period chaotic even by the standards of the notoriously volatile industry.
Oil Prices Fall After OPEC+ Postpones Meeting
International oil prices fell Wednesday after a key ministerial meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies was pushed back from Sunday to November 30.
Staff Protest Leads to Sam Altman Return as OpenAI CEO Less Than One Week After Being Fired
The tech entrepreneur, who was ousted from his own company after being accused of "not being candid" with the board, was poised to start a new position at Microsoft as leader of a new in-house AI team.