Search results for "ai systems"

du and Huawei aim for net zero

The customer-facing name of Emirates Integrated Telecommunications Company, du, is making headlines again as a model corporate citizen. In collaboration with Huawei, the UAE’s challenger telco brand is upgrading diesel generators to significantly reduce carbon footprint. Despite some network problems that dogged its introduction in 2007 as a competitor to Etisalat, du has evolved as […]

EU's Groundbreaking Draft to Reign in AI Giants like ChatGPT 

BRUSSELS, BELGIUM: The European Parliament has taken a significant step towards regulating artificial intelligence (AI) products with the passage of the first draft of the EU AI Act regulations. The proposed law aims to ensure a safe development and application of AI systems, all while ensuring they respect international human rights laws.   The EU’s initiative sets […]

Is Generative AI Ready for Banks to Dive In? 

 Prominent big banks at the Money 20/20 fintech conference in Amsterdam are carefully exploring the potential of generative artificial intelligence (AI) technology. Despite recognizing its transformative power, these financial institutions, including the Netherlands’ ABN Amro, exercise caution due to the inherent risks involved. Executives and industry experts gathered in Amsterdam’s conference center to discuss the […]

Wake-up Call for Europe: Ukraine's Kakhovka Hydroelectric Power Plant disaster 

On Tuesday, June 6, the Kakhovka Hydroelectric Power Plant, situated in Nova Kakhovka in Southern Ukraine, was struck by a calamitous event, now recognized as the largest technological disaster in Europe in decades. The severity of the incident cannot be understated, as the plant’s dam, turbines, and generators were completely devastated, leading to significant repercussions […]