TECHNOLOGY

The stock market has climbed since the outset of last year, driven in large part by a group of major tech companies propelled by enthusiasm over AI. Critics warn that profit-making uses of AI remain a far-off vision, risking a market downturn if the technology falls short of the watershed boosters have promised.
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2 years ago Read more at ABC News

The Kuwait International Hydrogen Technology Symposium officially commenced today, marking a significant step forward in the dialogue surrounding the future of hydrogen technology. This 2-day event, taking place at the Hilton, Kuwait, under the patronage of AMEENA RAJAB SALEH, Deputy CEO - Gas & Environment, Kuwait Oil Company, has successfully brought together more than 150 local, Regional and International Experts, industry leaders, policymakers, and technology innovators. The first day kicked off by the Opening and welcoming remarks delivered
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2 years ago Read more at TradingView

AWS will invest $5.3 billion in Saudi Arabia and establish two innovation centres. The new AWS Region will allow businesses, organisations and start-ups to serve their customers by using Amazon's data centres within the kingdom. In 2023, Amazon launched an academy in the kingdom to support its efforts to train 30,000 Saudis.
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2 years ago Read more at The National

Scientists at the University of Florida have pioneered a method for using semiconductor technology to manufacture processors that significantly enhance the efficiency of transmitting vast amounts of data across the globe. The innovation is poised to transform the landscape of wireless communication at a time when advances in AI are dramatically increasing demand. Traditionally, wireless communication has relied on planar processors, which, while effective, are limited by their two-dimensional structure to operate within a limited portion of electromagnetic spectrum.
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2 years ago Read more at Technology Networks

OPEC+ members have announced further voluntary cuts of 2.2 million barrels per day (mbpd) for another three months. At 14:22 GMT, Brent futures increased by $0.19 to $83.74 a barrel, following a 2.4% increase last week. The latest voluntary cuts have significantly reduced the combined production targets of member countries by around 2.2mbdpd amid rising global geopolitical tensions.
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2 years ago Read more at Offshore Technology

Tech companies are rushing AI-powered products to launch, despite extensive evidence that they are hard to control and often behave in unpredictable ways. This weird behavior happens because nobody knows exactly how—or why—deep learning, the fundamental technology behind today’s AI boom, works. The biggest mystery is how large language models such as Gemini and OpenAI’s GPT-4 can learn to do something they were not taught to do.
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2 years ago Read more at MIT Technology Review

In 2020, investments amounting to US$2.8 billion were channeled into adaptation strategies in agriculture, forestry, and land use. This strategic push aligns with national commitments under the Paris Agreement and highlights the prioritization of agricultural adaptation by all African countries. Addressing this gap by adopting software development strategies aimed at enhancing user experience could prove beneficial.
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2 years ago Read more at BNN Breaking

Thomas De Gendt's bike cut a sorry sight after his crash at UAE Tour Zipp. Vittoria insists hookless rims were not to blame for the crash. The tyre dismounted the rim after it collided with a rock.
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2 years ago Read more at Global Cycling Network

Huawei launches Medical Technology Digitalization Solution to Accelerate Intelligence in Healthcare Barcelona, Spain, During MWC Barcelona 2024. Huawei, as an ICT provider, builds a secure and sustainable digital foundation for the healthcare industry and helps it go intelligent. The medical technology digitalization solution focuses on pathology and medical imaging.
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2 years ago Read more at ANTARA English

Minister for Electronics and Information Technology Ashwini Vaishnaw Google has agreed to restore delisted Indian apps on its Play Store. The move was heavily criticised by the industry, with trade bodies urging Big Tech company to reinstate the delisted apps.
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2 years ago Read more at Moneycontrol