Hong Kong, mainland China sign ‘milestone’ MOU on promoting digital economy
Hong Kong authorities have signed a memorandum of understanding (MOU) with mainland China’s top internet regulator to promote the digital economy, with the city’s leader pledging to contribute to building a strong technological nation. The MOU was signed on Sunday by Secretary for Innovation, Technology and Industry Sun Dong and Wang Jingtao, deputy director of the Cyberspace Administration of China (CAC), and covers topics including artificial intelligence (AI) promotion, cross-boundary data...
The AI That Is Too Dangerous to Release: What It Means for Moroccan Businesses
A few days ago, Anthropic, one of the world’s leading artificial intelligence companies, did something unprecedented: it built what may be the most powerful AI model in history and then refused to release it to the public. Not because it failed. Because it succeeded too well. The model is called Claude Mythos. And whether Moroccan business owners know it or not, what happens with this technology in the next 12 months will directly shape the competitive landscape of every sector in Morocco, from...
How the Gulf conflict recast risks for Asian investors in Dubai
Asian digital entrepreneurs that once saw Dubai as a safe, well-connected base for global expansion are now reassessing that view after the US-Israel war on Iran exposed vulnerabilities in the city’s appeal as a financial and technology hub. For many investors and founders from India, China and Southeast Asia, the strain is not just about physical security but also about what disruption around the Strait of Hormuz has revealed about liquidity, credit and market confidence. Dubai has in recent...
Record 25 countries take part in Russian Venture Forum in Kazan
Damir Galiev, Director of the Investment and Venture Fund of the Republic of Tatarstan, emphasized that invitations were also extended to representatives from EAEU, BRICS, and SCO member states, as well as international technology and investment organizations
Gen Z workers are so fearful AI will take their job they’re intentionally sabotaging their company’s AI rollout
AI’s capabilities are growing more sophisticated by the day, and business leaders are rushing to adopt the technology to remain competitive. But one obstacle to AI adoption is catching companies off guard: their own workers. A new report published Tuesday from enterprise AI agent firm Writer and research firm Workplace Intelligence finds a significant share of employees are actively trying to sabotage their company’s AI rollout. The report—a survey of 2,400 knowledge workers across the U...
Cross-border partnerships usher in new era of economic expansion across GCC
The unique convergence of innovation and dynamism is reshaping the growth story of Gulf Cooperation Council (GCC) economies as the focus shifts to strengthening non-oil sectors like tourism, renewable energy and technology. Cross-border industrial partnerships are leading this transformation, reflecting a shared vision to achieve economic diversification, attract global investments and build a sustainable future.Get updated faster and for FREE: Download the Gulf News app now - simply click here...
Sam Altman says AI superintelligence is so big that we need a ‘New Deal’—critics say OpenAI’s policy ideas are a cover for ‘regulatory nihilism’
OpenAI says the world needs to rethink everything from the tax system to the length of the work day in order to prepare for the wrenching changes of superintelligence technology—the point at which AI systems are capable of outperforming the smartest humans. On Monday, in a 13-page paper titled Industrial Policy for the Intelligence Age, OpenAI said it wanted to to “kick start” the conversation with a “slate of people-first policy ideas.” How much faith to put in Open...
Eligibility conditions for fuel subsidy announced
ISLAMABAD: Federal Minister for Information Technology Shaza Fatima Khawaja has announced that fuel subsidies will only be provided to vehicles registered with the Excise Department, as part of the government’s relief package, ARY News reported. The federal government, under the direction of Prime Minister Shehbaz Sharif, has begun implementing the relief measures ahead of schedule to ease public hardship. The digital transfer system for subsidies was officially launched last night to ensure tra...
US tech firm Oracle cuts thousands of jobs as it steps up AI spending
Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay offOracle is cutting thousands of jobs as the US technology company seeks to reassure investors that its bet on AI infrastructure will pay off.The $420bn firm, headquartered in Austin, Texa...
ITIDA, Plug and Play support 61 Upper Egypt startups, unlock $3.7M in funding
Egypt’s Information Technology Industry Development Agency (ITIDA), in partnership with Plug and Play, has supported 61 startups in Upper Egypt through the Aswan Bootcamp Series. Participating startups have collectively secured $3.7 million (EGP 200 million) in investments, reflecting growi...
FASTag annual pass price increase to Rs 3,075 from April 1: All you need to know
The TOI Tech Desk is a dedicated team of journalists committed to delivering the latest and most relevant news from the world of technology to readers of The Times of India. TOI Tech Desk’s news coverage spans a wide spectrum across gadget launches, gadget reviews, trends, in-depth analysis, exclusi...
Victory Giant Is Said to Gauge Investor Interest for HK Listing
Victory Giant Technology (Huizhou) Co. has started gauging investor interest for a Hong Kong listing, according to people familiar with the matter, getting the ball rolling for what may be among the city’s largest deals this year.
How China’s EV makers think they can outrun disastrous price wars
The era of price wars in China’s electric vehicle (EV) market is giving way to a new contest: who can deliver better technology at the same price. On a cloudy evening in March, Shenzhen-based BYD put forward its answer with the unveiling of a battery capable of charging from 10 to 70 per cent in jus...
Oracle’s Credit Risk Measure Nears Record High on AI-Debt Fears
A gauge of Oracle Corp.’s credit risk is nearing an all-time closing high on Friday, the latest sign that investors are growing increasingly wary about the technology giant’s heavy debt load amid rising oil prices and falling stock prices.
Fox News AI Newsletter: Family turns down $26M from AI giant to keep farmland
The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.
Chinese market regulator tells firms to focus on healthy competition overseas
China’s market regulator has told companies including electric vehicle maker BYD and battery giant Contemporary Amperex Technology Ltd (CATL) to compete healthily when expanding overseas, amid mounting accusations of unfair competition, subsidies and dumping levelled at Chinese companies in global m...
Microsoft Set for Worst Quarter Since 2008 as AI Takes Two Bites
Microsoft Corp. is at the intersection of two troubling trends roiling the technology sector, which has the stock on track for its worst quarterly performance since the global financial crisis two decades ago.
WeRide CEO: Path to Profitability Clearer This Year
WeRide Founder & CEO Tony Han says the company’s share price is “heavily undervalued,” as its path to profitability becomes clearer this year. Han adds that key regulatory hurdles have been removed, helping to smooth WeRide’s overseas expansion as demand for autonomous driving technology grows. He s...
Taiwan’s Largest ETF Set for Record Inflow, Defying War Angst
Taiwan’s largest equity exchange-traded fund is on track for record inflows this month, as domestic investors defy the global turmoil sparked by the Iran war and pile into the technology-heavy product.
Blackstone leads $250 million investment in UAE payments platform ADGT
ADGT, a UAE-based payments and data intelligence platform, has secured a $250 million investment from Blackstone alongside Raya Holding, NRT Technology, and Sightline Payments. Founded by Michael Dominelli, ADGT aims to build next-generation payments infrastructure supporting regulated digital ma...