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Microsoft temporarily surpasses Apple in market valuation
Jan 12,2024
Microsoft temporarily surpassed Apple in market valuation, signalling a shift in the tech industry landscape. Microsoft's stock closed 0.5% higher, reaching a market capitalisation of$2.859 trillion, while Apple closed 0.3% lower at$2.886 trillion. T...
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OpenAI claims that it is impossible to develop AI tools without utilising copyrighted material
Jan 09,2024
OpenAI has emphasized the crucial role copyrighted material plays in developing sophisticated AI tools like ChatGPT. With increased scrutiny on AI companies regarding the data utilized for training their models, OpenAI highlighted the impossibility o...
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Italy plans to prioritize Africa's development and AI during its G7 presidency
Jan 05,2024
Italian Prime Minister Giorgia Meloni has outlined the key themes for Italy's presidency of the G7, which include supporting African development and addressing the challenges posed by AI. Meloni also expressed Italy's continued support for Ukraine in...
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EU expands support for AI startups with access to supercomputers
Dec 21,2023
The European Union is stepping up its backing of homegrown AI startups by allowing them access to the bloc's supercomputers for model training. This initiative, launched in September and recently put into action, aims to aid AI startups in effectivel...
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Diplo Academy 2023: E-learning excellence and global inclusivity
Dec 21,2023
Diplo Academy, a trailblazer in digital policy and diplomacy online training, has achieved excellent results in the field of e-learning in 2023. The academy orchestrated 20 courses, boasting a noteworthy 92% course completion rate, attended by 492 p...
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US Lawmakers raise concerns over EU Tech regulations allegedly targeting American firms
Dec 20,2023
A bipartisan coalition of 21 US legislators, including Representative Lou Correa and Thomas Massie, authored a letter to President Joe Biden expressing apprehensions about the European Union's Digital Markets Act (DMA). They argue that the DMA unfair...
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India's financial sector embraces technology to boost country's economy
Dec 20,2023
India is taking significant steps to build a robust technology infrastructure to support its financial services sector. Over 60,000 small rural lenders, known as Primary Agriculture Cooperative Credit Societies (PACS), have signed up to join a nation...
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EU Commission unveils policy paper to boost AI integration in European Science and Innovation
Dec 19,2023
The EU Commission published a policy brief underscoring AI's crucial role in advancing European science and innovation. Acknowledging AI's transformative influence on research, the brief calls for a customised European Research Area (ERA) policy to a...
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US financial watchdog identifies AI as potential risk to financial stability
Dec 16,2023
The US Financial Stability Oversight Council (FSOC), has warned about the rapid adoption of AI in the country's financial system. In its annual financial stability report, the council acknowledged that AI has the potential to drive innovation and eff...
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South Korea to balance investor protection and innovation in cryptocurrency regulation
Dec 15,2023
Kim So-young, the vice chairman of the Financial Services Commission of South Korea, made an announcement that regulators will prioritize innovation in the next phase of cryptocurrency regulation, highlighting the importance of striking the right bal...
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Indonesia to review TikTok and GoTo e-commerce partnership trial
Dec 12,2023
China's TikTok and Indonesia's tech group GoTo are set to conduct a trial e-commerce partnership for an extended period. Indonesia's trade minister has confirmed that the regulators will be closely monitor this partnership. TikTok has already reached...
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Introducing Gemini, Google's response to ChatGPT
Dec 11,2023
Google`s Alphabet introduces Gemini, its state-of-the-art AI model adept at handling various data formats such as video, audio, and text. Gemini uses advanced reasoning and nuanced understanding, marking a substantial leap from previous Google techno...
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