AI making impact despite drought in Insurtech dealmaking
Insurance technology startups have been on a declining trend globally, but there has been an increase in AI-focused and pre-seed investments, with the United States…
Tag: AI
Key AI trends to reshape SME marketing in MENA
The AI market in the Middle East and North Africa (MENA) is growing rapidly. According to experts, AI integration across various sectors could contribute $30bn…
How AI is reshaping food security in MENA
The MENA region faces persistent food security challenges due to arid conditions, high import reliance, and inefficient agricultural practices. Artificial intelligence is emerging as a…
Unfair decisions by AI could make us indifferent to bad behaviour by humans
Artificial intelligence (AI) makes important decisions that affect our everyday lives. These decisions are implemented by firms and institutions in the name of efficiency. They…
AI that mimics human problem solving is a big advance – but comes with new risks and problem
OpenAI recently unveiled its latest artificial intelligence (AI) models, o1-preview and o1-mini (also referred to as “Strawberry”), claiming a significant leap in the reasoning capabilities of large language models…
How AI is fuelling uncertainty for game developers
“I’m very aware that I could wake up tomorrow and my job could be gone,” says Jess Hyland. The video game artist says the industry…
What is ‘AI washing’ and why is it a problem?
Amazon received critical headlines this year when reports questioned the “Just Walk Out” technology installed at many of its physical grocery stores. The AI-powered system…
Elon Musk launches AI firm xAI as he looks to take on OpenAI
Elon Musk, the billionaire entrepreneur, launched his long-teased artificial intelligence startup xAI on Wednesday, unveiling a team comprised of engineers from the same big U.S.…
China’s Alibaba unveils AI image generator to take on Midjourney, DALL-E
HONG KONG – Alibaba Group Holdings Ltd (9988.HK) announced on Friday an artificial intelligence (AI) image generator, initially available to enterprise customers in beta form, as it…
Thomson Reuters to acquire legal AI firm Casetext for $650 mln
Thomson Reuters (TRI.TO) said on Monday it had agreed to acquire Casetext, a legal startup with an artificial intelligence-powered assistant for law professionals, in a $650 million…