Technology

Banking Central | India needs a much higher deposit insurance for its bank customers

the financial -
India’s deposit insurance framework needs an urgent recalibration. The threshold of Rs 5 lakh is inadequate in the current economic landscape where deposit sizes...
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MENA startups secure new investments, acquisitions across fintech, AI and e-commerce

the financial -
RIYADH: Startups across the Middle East and North Africa continue to attract significant investment, with funding rounds and acquisitions shaping the region’s growing tech...
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Corporate activities drive Saudi bank loans to highest growth rate in 18 months

the financial -
Corporate lending dominated the sector, making up around 54 percent RIYADH: Saudi bank loans reached SR2.82 trillion ($753.27 billion) in August, representing an annual growth...
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Technology

Google what our chatbot tells you… says Google

the financial -
Google says people should use its search engine to check whether information provided by its chatbot, Bard, is actually accurate. Some have suggested chatbots like...
Technology

Dubai Assembly for Generative AI set for October 2023

the financial -
Under the directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of...
Technology

SDAIA, NTDP Launch Groundbreaking AI Accelerator GAIA

the financial -
Saudi Data and Artificial Intelligence Authority (SDAIA) and the National Technology Development Program (NTDP), in cooperation with New Native Inc., launched Tuesday GAIA, the...
Technology

Meta Remains Committed to the Metaverse Despite $13.7B Loss in 2022, Mark Zuckerberg Says

the financial -
Meta's pivot cost the social media giant over $20 billion since 2021, but the company’s founder and CEO Mark Zuckerberg says the firm isn't...
Technology

Google is building an AI tool for journalists

the financial -
Google is developing an artificial intelligence tool for news publishers that can generate article text and headlines, the company said, highlighting how the technology...
Technology

Saudi Aramco VC fund joins Thiel to back AI-powered emissions monitor

the financial -
Riyadh: Saudi Aramco’s venture capital arm has invested in Tenderd, a UAE-based firm backed by Peter Thiel, which uses AI-generated insights to monitor and...
Technology

e& launches its metaverse ‘e& universe’ with Samsung’s Unpacked event

the financial -
Abu Dhabi: UAE's telecommunications giant e& made its official entry into the metaverse on Wednesday with the launch of 'e& universe' and collaborated with...
Technology

Tired of proving you’re not a robot? Say goodbye to Captcha boxes

the financial -
You have probably seen Captchas - puzzles that ask you to pick out all the bicycles in an image or to decipher letters that...
Technology

Google, Microsoft and other tech giants form AI group focused on ensuring safety

the financial -
San Francisco: Four US leaders in artificial intelligence (AI) announced Wednesday the formation of an industry group devoted to addressing risks that cutting edge...
Technology

Apple faces $1 billion UK lawsuit by app developers over App Store fees

the financial -
More than 1,500 app developers in the United Kingdom brought a £785 million ($1 billion) class action lawsuit against Apple Tuesday over its App Store...
Technology

WhatsApp rolling out channels to more countries

the financial -
San Francisco: Meta-owned messaging platform WhatsApp on Tuesday announced that it is rolling out channels to more countries. The company made the announcement on Twitter...
Technology

Soon, AI tech will monitor UAE waters to prevent drowning incidents

the financial -
Soon, cameras put up on UAE beaches will be equipped with a new artificial intelligence-based technology that can help lifeguards monitor swimmers and identify...
Technology

Dubai: Al-Futtaim Group embarks on digital transformation

the financial -
Dubai-headquartered Al-Futtaim Group has embarked on a digital transformation journey, aiming to become data-driven intelligent organisation, that is adaptive to the evolving needs of...
Technology

Seven AI companies agree to safeguards in the US

the financial -
Seven leading companies in artificial intelligence have committed to managing risks posed by the tech, the White House has said. This will include testing the...
Technology

Elon Musk: Twitter rebrands as X and kills off blue bird logo

the financial -
Twitter has changed its brand and logo from its famous blue bird to "X". The new white X on a black background has replaced the...
Technology

OpenAI’s Sam Altman launches Worldcoin crypto project

the financial -
Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday. The project's core offering is its World ID, which the company describes...
Technology

With the rise of AI, social media platforms could face perfect storm

the financial -
Last month, a video posted to Twitter by Florida Gov. Ron DeSantis’ presidential campaign used images that appeared to be generated by artificial intelligence showing former President Donald...

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Banking

Banking Central | India needs a much higher deposit insurance for its bank customers

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India’s deposit insurance framework needs an urgent recalibration. The...
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MENA startups secure new investments, acquisitions across fintech, AI and e-commerce

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RIYADH: Startups across the Middle East and North Africa...
Business

Corporate activities drive Saudi bank loans to highest growth rate in 18 months

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Corporate lending dominated the sector, making up around 54...
Banking

UPI Autopay soars to new heights blazing past card transactions in recurring payments

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The share of cards in recurring payments went down...
Finance

Closing Bell: Saudi main index closes in red at 12,317

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RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Wednesday,...
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