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xAI's $6 Billion Raise and Elon Musk's AI Ambitions

Elon Musk’s artificial intelligence venture, xAI, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission. This brings the total funding raised by the company to $12 billion, after an earlier round earlier this year. The funding came from 97 investors, each......

Morocco Prepares for AI Transformation with GenAI Summit 2024

Morocco is taking significant strides in transforming its economy through Artificial Intelligence (AI), with the GenAI Summit Maroc 2024 scheduled to take place at the Sofitel Rabat Jardin des Roses on December 10-11. The two-day event will bring together industry leaders, experts, and innovators to......

Meta Reports Modest Impact of AI on Global Elections in 2024

Despite widespread concerns that artificial intelligence (AI) might have a significant influence on global elections, Meta, the US technology giant, has reported only modest effects across its platforms in 2024. Meta attributed this minimal impact to various defensive measures, particularly those designed......

ByteDance Terminates Intern Over Alleged Sabotage of AI Project

In a striking incident within the tech industry, ByteDance, the parent company of TikTok, has dismissed an intern accused of deliberately sabotaging an internal artificial intelligence (AI) initiative. The company announced the termination occurred in August after the intern allegedly engaged in "malicious......

Nvidia's AI Chip Dominance Faces Investor Scrutiny Despite Strong Earnings

In a testament to the surging demand for artificial intelligence technology, chipmaker Nvidia reported impressive second-quarter earnings that exceeded Wall Street expectations. However, the company's stock price dipped in after-hours trading, signaling that investors may be recalibrating their lofty......

The Promise and Pitfalls of AI-Powered Public Services: Governments Tread Cautiously

As the world marvels at the capabilities of generative AI like ChatGPT, governments around the globe are exploring the potential of these cutting-edge technologies to revolutionize public services. However, amidst the excitement, a cautious approach prevails as officials grapple with the inherent risks......

IBM Executive Unveils the Transformative Potential of Generative AI at GITEX Africa 2024

At GITEX Africa 2024, an IBM executive seized the spotlight to unveil a visionary perspective on the impending generative AI revolution. Saad Toma, the General Manager of IBM Middle East & Africa (MEA), delivered a keynote address that mesmerized attendees, delineating a compelling narrative of how......

Microsoft Unleashes Clandestine AI for U.S. Intelligence Agencies

In a groundbreaking move, Microsoft has unveiled a new generative AI model tailored exclusively for American intelligence agencies. This advanced technology is designed to analyze highly classified information, marking a significant milestone in the intersection of artificial intelligence and national......

GITEX Africa's Certified Trainings Drive Technological Innovation

In today's ever-evolving digital landscape, staying ahead of the curve is crucial. GITEX Africa, the premier technology event, is set to empower individuals and propel regional progress through its comprehensive lineup of certified training sessions. From May 29-31, attendees can embark on an immersive......