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Is US export controls on semiconductors to China ineffective and counterproductive?
Jan 22,2024
The US Department of Commerce has implemented stricter restrictions on the sale of American semiconductors to China. However, Nvidia, the world's leading chipmaker, has responded by developing a new AI chip slightly below the threshold of these restr...
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UN head warns against Big Tech putting profit from AI above all else | World Economic Forum 2024
Jan 19,2024
The head of the UN, Ant
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India partners with Google Pay to expand reach of Unified Payment Interface
Jan 18,2024
India's National Payments Corporation of India (NPCI) announced in a press release on 17th January that it has entered into a partnership with Google Pay to expand the Unified Payments Interface (UPI) globally. Currently, UPI is widely regarded as on...
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South Korea to boost semiconductor industry with tax credit benefits
Jan 15,2024
South Korean President Yoon Suk Yeol has unveiled a substantial plan to extend tax benefits for investments in the nation's semiconductor industry, aiming to stimulate employment and attract top talent. With major players like Samsung Electronics and...
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Microsoft temporarily surpasses Apple in market valuation
Jan 12,2024
Microsoft temporarily surpassed Apple in market valuation, signalling a shift in the tech industry landscape. Microsoft's stock closed 0.5% higher, reaching a market capitalisation of$2.859 trillion, while Apple closed 0.3% lower at$2.886 trillion. T...
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OpenAI claims that it is impossible to develop AI tools without utilising copyrighted material
Jan 09,2024
OpenAI has emphasized the crucial role copyrighted material plays in developing sophisticated AI tools like ChatGPT. With increased scrutiny on AI companies regarding the data utilized for training their models, OpenAI highlighted the impossibility o...
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Italy plans to prioritize Africa's development and AI during its G7 presidency
Jan 05,2024
Italian Prime Minister Giorgia Meloni has outlined the key themes for Italy's presidency of the G7, which include supporting African development and addressing the challenges posed by AI. Meloni also expressed Italy's continued support for Ukraine in...
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EU expands support for AI startups with access to supercomputers
Dec 21,2023
The European Union is stepping up its backing of homegrown AI startups by allowing them access to the bloc's supercomputers for model training. This initiative, launched in September and recently put into action, aims to aid AI startups in effectivel...
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Diplo Academy 2023: E-learning excellence and global inclusivity
Dec 21,2023
Diplo Academy, a trailblazer in digital policy and diplomacy online training, has achieved excellent results in the field of e-learning in 2023. The academy orchestrated 20 courses, boasting a noteworthy 92% course completion rate, attended by 492 p...
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US Lawmakers raise concerns over EU Tech regulations allegedly targeting American firms
Dec 20,2023
A bipartisan coalition of 21 US legislators, including Representative Lou Correa and Thomas Massie, authored a letter to President Joe Biden expressing apprehensions about the European Union's Digital Markets Act (DMA). They argue that the DMA unfair...
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India's financial sector embraces technology to boost country's economy
Dec 20,2023
India is taking significant steps to build a robust technology infrastructure to support its financial services sector. Over 60,000 small rural lenders, known as Primary Agriculture Cooperative Credit Societies (PACS), have signed up to join a nation...
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EU Commission unveils policy paper to boost AI integration in European Science and Innovation
Dec 19,2023
The EU Commission published a policy brief underscoring AI's crucial role in advancing European science and innovation. Acknowledging AI's transformative influence on research, the brief calls for a customised European Research Area (ERA) policy to a...
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