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Category: WORLD NEWS
AI/Machine Learning could amplify future banking crises. – Chair Basel Committee.
As part of their daily governance, banks need to consider the risks associated with using artificial intelligence (AI) and machine learning (ML), according to a
Microsoft invests $1.5b in G42, a United Arab Emirates AI firm managed by the national security adviser.
Microsoft is putting $1.5 billion into a technology company run by the influential national security adviser of the United Arab Emirates. The company is headquartered
117 GW of new wind power installed globally in 2023, making it the highest on record.
An industry trade body recently released a report stating that 2023 was the best year ever for new wind projects, with 117 gigawatts of new
Saudi FM in Pakistan to actualize $5b investment in alleviating the economic crisis.
The foreign minister of Saudi Arabia led a high-level delegation to Pakistan on Monday for a two-day visit. Pakistan is looking for assistance in resolving
Samsung to invest $40b in the Texas chip plant and get $6.4b from the government.
An agreement has been reached by the Biden administration to give Samsung Electronics up to $6.4 billion in direct assistance to establish a computer chip
Huawei unveils laptop with new Intel AI chip, despite US sanctions.
Following Huawei’s announcement this week of a laptop equipped with an Intel AI chip, the embattled Chinese telecom equipment company came under fire from Republican
Medicinal cannabis: Police arrest international gang that defrauded investors of $686m.
A group that reportedly conned victims in 35 countries out of 645 million euros ($686.41 million) through a scheme focused on medical cannabis plants has
BlackRock assets reach a milestone of $10.5tr, profits surge as markets rally.
The world’s largest asset management, BlackRock, reported on Friday that its assets, which are open to the public, reached a record $10.5 trillion in the
Italy’s G7 summit to focus on Africa and the dangers of AI.
Italy intends to bring leaders of many African nations, as well as those from Argentina, Brazil, and India, to what are known as outreach sessions