Current and Ex-AI firms’ Staff Raise Risk Concerns

Posted by - June 6, 2024

A group of current and former employees at artificial intelligence (AI) companies, including Microsoft-backed OpenAI and Alphabet’s Google DeepMind have raised concerns about risks posed by the emerging technology. An open letter by a group of 11 current and former employees of OpenAI and one current and another former employee with Google DeepMind said the

Google to Invest $2b in Malaysia, Build Data Centre

Posted by - June 4, 2024

Tech giant Google has said that it will invest $2 billion in Malaysia, with part of the funds going toward building its first data centre and cloud region in the country, as the demand for AI and cloud services rises. “This investment builds on our partnership with the Government of Malaysia to advance its ‘Cloud

China’s Unmanned Craft Lands on Moon’s Far Side

Posted by - June 4, 2024

China has landed an uncrewed spacecraft on the far side of the moon, overcoming a key hurdle in its landmark mission to retrieve the world’s first rock and soil samples from the dark lunar hemisphere. The landing elevates China’s space power status in a global rush to the moon, where countries including the United States

Apple Set to Open First Store in Malaysia

Posted by - May 30, 2024

Apple plans to open its first store in Malaysia next month, the company has said, underscoring a bigger push into the Asia region beyond China. The store will be located at The Exchange TRX mall in the Malaysian capital of Kuala Lumpur. It will open on June 22 at 10 am local time, Apple said.

Kingdom Holding Among Investors in xAI

Posted by - May 29, 2024

Saudi Arabia’s Prince Alwaleed Bin Talal and Kingdom Holding Company (KHC) have doubled down on Elon Musk, emerging as backers of the tech billionaire’s start-up, xAI. In a blog post on the official xAI website, names of key investors included the chairman of KHC, along with the company, which is listed on the Saudi stock

Luna Systems Launches Camera for Bike Safety

Posted by - May 28, 2024

Luna Systems, a specialist in AI-powered safety solutions for micromobility, has announced a crowdfunding campaign for what it claims is a groundbreaking product. Launching on June 5, Luna Oculus consists of a compact, rear-mounted camera that seamlessly connects to a smartphone app. The system functions as an AI-powered “rear view mirror”, alerting riders when rear

China Forms Third Fund to Prop Semiconductor Sector

Posted by - May 28, 2024

China has set up its third planned state-backed investment fund to boost its semiconductor industry, with a registered capital of 344 billion yuan ($47.5 billion), according to a filing with a government-run companies registry. The hundreds of billions of yuan invested in the sector is part of President Xi Jinping’s drive to achieve self-sufficiency for

Benchmark EU Rules on AI to Take Effect in June

Posted by - May 23, 2024

Europe’s landmark rules on artificial intelligence will enter into force next month after EU countries recently endorsed a political deal reached in December, setting a potential global benchmark for a technology used in business and everyday life. The European Union’s AI Act is more comprehensive than the United States’ light-touch voluntary compliance approach while China’s

PolyAI Raises 46m Euros in Series C Funding

Posted by - May 21, 2024

, backed by new investors Hedosophia, NVentures (NVIDIA’s venture capital arm) and Zendesk, with follow-on investments from Khosla Ventures, Georgian, Point72 Ventures, Sands Capital and Passion Capital. With this raise, PolyAI has now secured over €110 million in funding. The up round indicates VCs are sharing this enthusiastic vision. Vinod Khosla, the founder of Khosla

Driving Change with Responsible Leadership

Posted by - May 20, 2024

In a rapidly evolving landscape where technology and leadership intersect to shape the future, Jayanta Lahiri emerges as a beacon of clear vision and pragmatic insights into technology’s societal impact. As the CEO and Global Chief Advisor of CIOAdvisory.ai, he has successfully navigated numerous leading consulting and technology-service firms through the intricate journey of digital

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