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Monday, October 7, 2024

Tech and Innovation

Banking and FinanceTech and Innovation

Cooling Market in Developing Economies Set to Double by 2050: A $600 Billion Opportunity for Sustainable Solutions

The cooling market in developing economies is projected to grow from approximately USD 300 billion annually to over USD 600 billion by 2050, according to a report released today by the UN Environment Programme (UNEP)-led Cool Coalition and the International Finance Corporation (IFC). The report indicates that Africa will see...
Banking and FinanceTech and Innovation

Ports at the Heart of the Blue Economy – Ocean Economy to Grow to $3 Trillion by 2030

An overwhelming 80% of global goods trade relies on maritime transport, making ports essential hubs in the international trade network. In addition to traditional maritime activities like cargo handling and shipbuilding, ports also support marine industries such as fisheries, defense, tourism, and natural resource management. These sectors form part of...
Success and LeadershipTech and Innovation

CEOs from Microsoft, BlackRock & Nvidia Meet With Sheikh Mohamed bin Zayed and Strengthen UAE-U.S. Ties Through AI and Technology Partnerships

President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with Microsoft CEO Satya Nadella, BlackRock CEO Larry Fink, and Nvidia CEO Jensen Huang in Washington, D.C., to discuss the rapid advancements in technology and artificial intelligence (AI). These meetings were part of Sheikh Mohamed’s official visit to the United...
Banking and FinanceTech and Innovation

OpenAI Academy to Support AI Development in Low and Middle-Income Countries with $1 Million in API Credits

OpenAI has launched a new initiative called OpenAI Academy, aimed at empowering developers from low and middle-income countries by awarding $1 million in API credits. The program seeks to ensure that the transformative potential of artificial intelligence is shared across underserved communities worldwide, according to the company’s announcement. The blog...
CEO OpinionsTech and Innovation

AI and Innovation: Google CEO Sundar Pichai Praises PM Modi’s Vision for India’s Tech Future

Sundar Pichai, CEO of Google, was among several prominent tech leaders who met with Prime Minister Narendra Modi during a roundtable in New York, where the Indian leader emphasized the importance of ensuring that Artificial Intelligence (AI) benefits the Indian population. Pichai, reflecting on the discussions, highlighted that Prime Minister...
Education and CareerTech and Innovation

Indian Institute of Technology (IIT) Delhi Launches Advanced Program to Shape the Next Generation of AI Leaders

As businesses grapple with the rapid shift toward digital transformation, the need for technology leaders who can skillfully navigate the complexities of AI has surged. Korn Ferry’s research highlights that over 82% of top executives anticipate artificial intelligence will have a major impact on their operations, reflecting the increasing demand...
Special ReportsTech and Innovation

Generative AI Takes Center Stage for CEOs Amid Cautious Optimism, KPMG International’s annual CEO Outlook Survey Finds

Despite economic uncertainties, both Australian and global CEOs are increasingly prioritizing investments in generative AI (Gen AI), according to KPMG International's annual CEO Outlook survey. The survey, which gathered insights from 1,325 CEOs across 11 major economies, found that 58% of Australian CEOs and 64% of global CEOs view Gen...
Microsoft
Banking and FinanceTech and Innovation

Microsoft and BlackRock Among Major Companies on Global Partnership to Invest an Initial $30 Billion in AI Infrastructure with Plans to $100 Billion

A consortium of major companies, including Microsoft and BlackRock, has announced plans to raise up to $100 billion to fund the development of data centers designed for artificial intelligence (AI) and the energy systems needed to support them. This initiative, known as the Global Artificial Intelligence Infrastructure Investment Partnership (GAIIP),...
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