Investment

Saudi Arabia is making remarkable strides in the realm of renewable energy, particularly through its heavy investments in solar energy technologies. With its abundant sunlight, the Kingdom has positioned itself as a significant player in the global renewable energy market, boasting an impressive 80% of its green energy capacity derived from solar power. As the
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During a recent all-hands meeting, OpenAI’s CEO, Sam Altman, addressed rumors surrounding his compensation structure, particularly the notion of him acquiring a “giant equity stake” in the artificial intelligence company that he co-founded nearly nine years ago. According to attendees of the meeting, Altman vehemently dismissed these claims, asserting, “That information is just not true.”
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The resignation of Mira Murati, former Chief Technology Officer of OpenAI, has sent ripples through the tech community, raising questions about the organization’s future trajectory and the broader implications for the artificial intelligence landscape. Her departure is significant not only because of her pivotal role in transforming OpenAI from a nonprofit research institution to a
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Meta Platforms, the parent company of Facebook and Instagram, has unveiled its “Responsible Business Practices Report,” a comprehensive document that spans various critical dimensions of its operations and future goals. This report does not just focus on statistics and financial outcomes; it delves into the ethical implications of technology, and how the company aims to
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The landscape of artificial intelligence (AI) funding is rapidly transforming, with Middle Eastern sovereign wealth funds emerging as pivotal players, particularly within Silicon Valley. Countries like Saudi Arabia, the United Arab Emirates (UAE), Kuwait, and Qatar are initiating significant investments in technology sectors, particularly as they diversify their economies away from oil dependence. This trend
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In a significant and potentially transformative development, Microsoft has reached an agreement with Constellation Energy to reactivate the Three Mile Island nuclear power station, a facility with a history marred by the infamous meltdown in 1979. This ambitious plan aims to reinstate the plant’s capabilities primarily to support Microsoft’s expanding artificial intelligence (AI) data center
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