Oil-rich Abu Dhabi wants to be an AI leader. Aligning with the US is just the start
CNN
The United Arab Emirates is having to choose sides as it vies to become a key player in artificial intelligence.
The world’s first minister dedicated to developing artificial intelligence (AI) strategy is already becoming embroiled in a global power struggle for tech supremacy. In April, Microsoft (MSFT) announced a $1.5 billion investment in G42, an AI group based in Abu Dhabi, capital of the United Arab Emirates (UAE), and chaired by an influential member of the ruling royal family. The deal, which analysts say was motivated by the Biden administration’s desire to limit Beijing’s influence in the region as the US battles to maintain its lead over China in the AI race, firmly pulled the firm into the orbit of the United States. “I think the UAE and the US really see eye to eye with regards to how these technologies are pushed forward,” UAE AI Minister Omar Al Olama, who was appointed in 2017, told CNN in a recent video interview. “I think we’re going to see more alignment there.” G42, a holding firm, is comprised of seven companies that work across data centers, energy, healthcare, surveillance and biotechnology. Its controlling shareholder is Tahnoun bin Zayed Al Nahyan, who also serves as the UAE national security adviser. The UAE is one of the world’s largest producers of fossil fuels, and Abu Dhabi sees its AI push as crucial for diversifying away from oil. AI could contribute $96 billion to the UAE economy by 2030, equivalent to nearly 14% of its gross domestic product, according to a report by PwC Middle East.
China’s richest man has hit out at online shopping platforms, accusing them of starting price wars that have damaged a wide range of companies and industries as the country tackles an economic slump.
When the CEO of Indian delivery app Zomato advertised for a chief of staff on social media, it came with two large caveats.
The Jeep Gladiator was unveiled to great fanfare by then-owner Fiat Chrysler in 2018, the first pickup model for the hot brand in more than a quarter of a century. And at first it seemed like it might live up to the hype.
In between his posts on Truth Social announcing nominees for his incomingadministration, President-elect Donald Trump urged Republicans Wednesday to nix a bipartisan bill that would give journalists greater protections under federal law.
A coffee shop in Middleborough, Massachusetts, went viral overnight for offering free coffee to customers who entered the shop while dancing.
President-elect Donald Trump’s promise to further restrict immigration and roll out “mass deportations” has not been finalized, but the specter of looming policy changes is already reverberating throughout the US job market.
A recent lawsuit alleges Linda McMahon, who President-elect Donald Trump tapped to lead the Department of Education, knowingly enabled the sexual exploitation of children by a World Wrestling Entertainment (WWE) employee as early as the 1980s — allegations she denies.
Months into President Donald Trump’s first term in the White House, his Justice Department sent shockwaves through the media industry by suing to block AT&T’s takeover of CNN owner Timer Warner.
Social Security is by far one of the most popular government programs in the United States because it is critical for so many retirees’ financial security.
The US government formally proposed a partial breakup of Google on Wednesday, urging a federal judge to force a sale of the company’s Chrome web browser after a landmark ruling this year finding that Google had violated US antitrust law with its search business.
Indian billionaire Gautam Adani and other executives were indicted in New York for roles in a multi-billion-dollar fraud scheme, the US Department of Justice said Wednesday.