Microsoft laid out $1.5 billion for a stake in UAE-based G42 in a deal that gave the tech giant a seat on the AI company’s board.
JERUSALEM (JNS) – Incitement on the internet has become a hot topic in the wake of Oct. 7, but as we all know, violence doesn’t always stay online—extremist activists in Europe and the U.S., mostly Muslims, are actively hatching plots to target Israeli and Jewish sites around the world, posing a clear and immediate threat. […]
At a time when AI is the buzzword on everyone’s lips — from businesses to governments — where does India standon adoption of the technology? The Artificial Intelligence Index Report 2024 published by Stanford University sheds some light. India is number one in the world in terms of relative AI skill penetration, and is in the top four globally when it comes to relative AI hiring rate. 109476217The country’s AI talent concentration remains low but the rate of growth has been the fastest in the...
Several major players in the artificial intelligence field pledged to protect children online, marking another chapter in the progression of AI safety. [Read More]
Apple has reportedly acquired France-based AI startup Datakalab, specializing in AI and computer vision technology. It is expected to help Apple bolster the AI features it is readying for iOS 18.
Alphabet and Microsoft ignited a rally in technology stocks on Friday with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft forecast from Meta Platforms. Alphabet rose 10%, crossing $2 trillion in market value with a gain of about $180 billion as it sweetened the pot for investors with its maiden dividend and a $70 billion stock buyback. The world's fourth most valuable firm flirted with the milestone on...
Dr Maureen Tamuno has assumed office as the Group Managing Director of the Abuja Investments Company Limited. The company, in a statement on Wednesday, said it was pleased to welcome Tamuno, who assumed duties as the group managing director of AICL, effective April 8. The announcement came on the heels of the announcement made by Read More
Artificial intelligence (AI) is accelerating new discoveries across industries, from video production to medicine -- and now, it's expanding what we know about antiquity. On Tuesday, researchers at the University of Pisa in Italy announced that they have successfully used AI to decipher a papyrus scroll found in Herculaneum, a town near Pompeii that was also destroyed when Mount Vesuvius erupted in AD 79. The scroll is one of 1,800 scrolls preserved in the Villa of the Papyri -- once owned by...
India has deferred approval of Paytm's Rs 50 crore ($6 million) investment in its Paytm Payment Services arm in part due to concerns about a Chinese shareholding in the parent company, according to three government officials and a document seen by Reuters. One 97 Communications, popularly known as Paytm, is already under the scrutiny of India's banking regulator and financial crime-fighting agency after the central bank ordered it to wind down its payments bank in January. The sources indicated...
Sheeva.AI has announced that its in-vehicle payment technology is now available in Citroën vehicles in India. The solution powered by the company’s SheevaConnect product suite is available in Citroën C3 Aircross SUV AT vehicles that are in showrooms across the country, the company said in a Tuesday (April 16) press release emailed to PYMNTS. Sheeva.AI described the vehicle in […]
LinkedIn has released its eighth annual list of top companies to work for in India. Companies that prioritized its employees' experience and growth dominated.
The boom of artificial intelligence has spurred a regulatory frenzy across the globe — and Europe is at the forefront of the developments. Both the EU and the UK are attempting to find the elusive balance between leveraging AI’s growth and mitigating potential risks — but their approaches differ significantly. The former has opted for a hands-on, risk-based approach, whereas the latter has promised a "pro-innovation" stance. However, with news emerging that the UK government is now...