Tech and Innovation

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...

Google is rolling out updated Street View imagery across nearly 80 countries, including Australia, Brazil, Denmark, Japan, the Philippines, Rwanda, Serbia, and South Africa. This update will also introduce Street View to several countries for the first time, including Bosnia and Herzegovina, Namibia, Liechtenstein, and Paraguay. The tech giant credits...

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...

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...

In a recent blog post, OpenAI's CEO Sam Altman shared his belief that superintelligent AI could emerge within the next few thousand days. Far from painting a dystopian future, Altman envisions a world marked by unprecedented prosperity. While he acknowledged that this transformation might take longer than anticipated, he remained...

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...

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...

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...

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),...

The satellite industry is undergoing a profound shift as major operators consolidate in response to the growing competition from SpaceX’s Starlink. During the operator panel at the World Space Business Week in Paris on September  16, Viasat CEO Mark Dankberg described the current landscape as a "quantum period of change,"...