European Union Lawmakers Face Obstacles in Defining AI Rules

1 min read

EU lawmakers are currently facing challenges in reaching an agreement on new rules pertaining to artificial intelligence (AI). As of now, consensus remains elusive, and crucial decisions on AI regulations may be deferred until December, according to sources familiar with the situation. The proposed AI rules require approval from both the European Parliament and member states within the European Union. These rules have already undergone three rounds of discussion in

The Synergy Between Filecoin and AI: Unpacking the Benefits

3 mins read

The intersection of substantial fiat money printing and the rapid ascent of artificial intelligence (AI) is poised to create a financial bubble of unprecedented proportions. According to Arthur Hayes, founder of BitMEX, the ever-expanding realm of AI applications necessitates a decentralized storage solution, and here’s where Filecoin, with its blockchain-based network, steps into the spotlight. As the largest decentralized data storage project in terms of storage capacity and total bytes

COMEX Bahrain 2023: An Exceptional Tech Event Draws Over 5,000 Global Visitors

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The COMEX Bahrain 2023 event has cemented its place in the tech world as a groundbreaking spectacle of innovation and progress. With over 5,000 attendees from around the globe, the event witnessed the active participation of luminaries like the Bahrain Ministry of Interior, tech giants like i-Blockchain and GFX Securities, the SMEs Development Authority, Ziwo, Silah, Dell Technology, and VMWARE Computer, and groundbreaking discussions on the role of Artificial Intelligence

Huawei’s Pangu Large Models steal the limelight at AI Everything

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At AI Everything, Dr. Zhu Shenggao, Vice President of AI Business for Huawei Cloud Middle East and Central Asia, delivered a keynote on ‘Pangu Large Models Accelerate AI for Industries’.  Dubai, UAE, October 19, 2023: AI Everything, co-located with the world’s largest technology show – GITEX GLOBAL 2023, played host to a groundbreaking keynote presentation featuring Dr. Zhu Shenggao, Vice President of AI Business for Huawei Cloud Middle East, and

GITEX Impact Raises the Bar for Climate Tech and Sustainability Leadership

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Kristina Kallas, Minister of Education and Research of Estonia said AI can improve access to education for various social groups facing barriers today Akis Evangelidis, Co-Founder of Nothing, explained how his company is rethinking the smartphone by focusing on design differentiation, innovation and user interaction  Dubai, UAE, October 18, 2023: Building on the momentum of COP28, GITEX GLOBAL debuted GITEX Impact, the region’s largest climate tech catalyst for sourcing clean

H.E. Omar Sultan Al Olama Highlighted AI Governance and Regulations in the UAE

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Expand North Star hosted an unfiltered panel discussion to challenge the conventional narratives surrounding unicorn companies Asian founders explored how increasing public-private partnerships are driving the growth of next-generation startups Dubai, UAE, October 17, 2022:  The rapidly evolving AI industry poses a challenge for regulators as they seek to foster public trust and confidence in AI while promoting innovation and competitiveness for local industry. A session titled ‘Leaders of Change Through the AI Lens’ underscored the potential impact of

EU and Japan Find Common Ground on AI, Says Official

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The European Union and Japan are increasingly seeing eye to eye on how to regulate generative AI, a rapidly developing technology that can create text, images, and other creative content. In an interview with Reuters on Monday, European Commission Vice-President for Values and Transparency Vera Jourova said that she sees “a lot of convergence in how we look at AI and generative AI” with Japan. This is significant because the

Visa Unveils $100 Million Initiative to Drive Generative AI Development

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Visa, the global payment giant, is doubling down on its commitment to artificial intelligence (AI) in the realm of commerce and settlements. They’ve unveiled a fresh initiative, committing a substantial $100 million to fund generative AI ventures. The primary focus of this initiative is to support companies dedicated to advancing generative AI technologies and their applications in the fields of commerce and payments. This investment endeavor will be spearheaded by

Black Box to Showcase AI-Enhanced Solutions for Unified Customer Experience at GITEX GLOBAL

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DALLAS — Oct. 3, 2023 — At GITEX GLOBAL, Oct. 16-20 at the Dubai World Trade Center (DWTC), Black Box® (booth H8-30) will showcase customer experience (CX) solutions and consulting services that leverage Conversational AI, Generative AI, and other cutting-edge tools to help businesses dramatically improve customer experiences, reduce costs and ensure optimal ROI from their CX technology investments. With a focus on how AI can improve efficiency and improve employee and

Tom Hanks Issues Warning About AI Impersonator Promoting Dental Plan

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Tom Hanks has issued a cautionary message to his fans regarding an advertisement featuring what appears to be him but is, in fact, an artificial intelligence (AI) fake. In an Instagram post, the renowned actor stated, “There’s a video out there promoting some dental plans with an AI version of me. I have nothing to do with it.” Hanks has previously expressed concerns about the artistic and ethical challenges posed

Meta Unveils AI Assistant Trained on Public Facebook and Instagram Content

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Meta, the parent company of Facebook and Instagram, has revealed that its new Meta AI virtual assistant was trained using public posts from these social media platforms. The company, however, assured that it excluded private posts shared only with family and friends to protect user privacy. Meta’s President of Global Affairs, Nick Clegg, emphasized the company’s commitment to respecting user privacy during the training process. He stated that private chats

Spotify CEO Ensures AI-Made Music Won’t Be Banned

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Daniel Ek, the CEO of Spotify, has stated that the music streaming platform has no plans to ban content created by artificial intelligence (AI). While discussing the use of AI in music, Ek mentioned that AI should not be used to impersonate human artists without their consent. He emphasized the importance of distinguishing between various applications of AI in music, categorizing them into three “buckets”: Although AI is not entirely