Saudi Arabia goes big in Davos as it looks to become a top AI tech hub

Saudi Arabia goes big in Davos as it looks to become a top AI tech hub

A pop-up showcasing Saudi Arabia’s Neom development features among the most prominent on the Davos promenade in 2024. CNBC DAVOS, Switzerland — For years, the United Arab Emirates has been the Middle East’s go-to tech hub, thanks partly to its lack of personal income tax, flexible visa policies, and competitive incentives for international businesses and …

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Google CEO says job cuts needed in 2024 to serve ‘ambitious goals’

Google CEO says job cuts needed in 2024 to serve ‘ambitious goals’

Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium, on Jan. 20, 2020. Yves Herman | Reuters Google CEO Sundar Pichai is warning employees that more job cuts are coming this year as the company continues to shift investments toward areas like artificial intelligence. …

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Generative AI dominates Davos discussions as companies focus on accuracy

Generative AI dominates Davos discussions as companies focus on accuracy

Sam Altman, chief executive officer of OpenAI, at the Hope Global Forums annual meeting in Atlanta, Georgia, US, on Monday, Dec. 11, 2023.  Dustin Chambers | Bloomberg | Getty Images DAVOS, Switzerland — The rise of generative artificial intelligence has dominated private and public discussion at the World Economic Forum as the world’s largest technology …

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Market likes AI technology for advertising, not health care

Market likes AI technology for advertising, not health care

CNBC’s Jim Cramer on Tuesday shared what he learned from his two days at JPMorgan’s health-care conference. He marveled at the myriad of uses for generative artificial intelligence in health care, but concluded that Wall Street is more concerned with using that new technology for advertising. Cramer told investors that “Magnificent Seven” members Amazon and …

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China and cybercriminals are targeting American AI companies

China and cybercriminals are targeting American AI companies

Wray, who was joined at the virtual roundtable by General Paul Nakasone, commander of U.S. Cyber Command, said that generative AI is a “significant amplifier, both in terms of quantity and sophistication, of the threats that are already out there,” adding that AI tools are helping criminals “make their attacks more sophisticated, more credible, more …

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Samsung Galaxy S24 Unpacked event promises AI phones

Samsung Galaxy S24 Unpacked event promises AI phones

A man walks past the Samsung logo displayed on a glass door at the company’s Seocho building in Seoul on April 7, 2023. Jung Yeon-je | Afp | Getty Images Samsung recently announced it will host a news conference in San Jose, California, on Jan. 17 where it will unveil its newest Galaxy phones. Samsung …

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