by Priyanka Sharma | October 9, 2024 | Technology
John Hopfield and Geoffrey Hinton have bagged the coveted 2024 Nobel Prize in Physics for their path-breaking discoveries in machine learning which have changed the way we all use artificial intelligence in our daily lives. Hopfield, a professor at Princeton...
by Jennifer George | October 8, 2024 | Economy, Industry, News, Technology
As preempted by jittery global markets and analysts, Samsung published underwhelming profits for the third quarter. The South Korean tech giant reported 9.10 trillion won in profits, marking a 274% uptick from last year’s 2.43 trillion Korean won. However,...
by Jennifer George | October 3, 2024 | Industry, News, Technology
In December 2023, OpenAI was on the steady path to a $100 valuation. Less than a year later, the AI behemoth sits on a $157 empire that aims to push the bounds of AI research and computing. In a record-breaking funding round, OpenAI raised $6.6 billion piggybacked off...
by Jennifer George | October 2, 2024 | Industry, News, Technology
In a recent interview, Indian Commerce Minister Piyush Goyal revealed that India is making steady progress in the chip fabrication space. By 2026, India hopes to fabricate the first of their kind, Made-in-India chips. India’s goal to transform into a frontrunner...
by Jibran Munaf | September 29, 2024 | Technology
Artificial intelligence (AI) has been identified as the top emerging technology fueling global foreign direct investment (FDI) growth, according to data presented at the World Free Zones Organization (FZO) 10th Annual World Congress in Dubai. AI is significantly...
by Jennifer George | September 27, 2024 | Economy, Industry, News, Regulations, Technology
A recent study by Dubai Design District (d3) and Dubai Media City highlights the UAE’s growing prominence in the global digital creative economy, which is projected to reach AED 27 trillion by 2030. The Digital Creative Economy 2024 White Paper, published in...
