Here’s the latest AI news from today’s Algorithm Bulletin. You can sign up for the newsletter here. Google announced that it will add several new features to the Arabic “part” form, including the ability to use images in requests. Tesla’s CEO, Elon Musk, denied the validity of a report published by the American newspaper “The Wall Street Journal” that the company is in talks to build a factory in Saudi Arabia. Should you invest in ARM or NVIDIA? An expert reveals what’s best. Artificial intelligence startup Bird Buddy has launched a new feature on its mobile app called Bird Buddy Explore, which allows anyone to access photo and video feeds…
Economy
Google launches artificial intelligence tool “Bold” to compete with “GBT Chat” in 50 countries.
On Thursday, Google introduced the “Cool” program. For artificial intelligence A competitor to “Chat GBT” has banned it for regulatory reasons in about 50 countries, including Brazil and the European Union.
According to Google, which launched the project in February in response to the “Chat GPT” project developed by the “Open AI” company, the “Bard” project is available in most countries of the world and in the most widely used languages. “Microsoft” is in charge. Mainly funded.
Google said: “We have worked actively with experts and authorities at regulatory agencies to expand the program’s use.”
Google has delayed the launch of “Bolt” in the EU as a precautionary measure in the face of Brussels’ desire to regulate artificial intelligence methods that raise many concerns in terms of privacy, misinformation and respect for intellectuals. Property.
And the company “Alphabet” (Google’s parent company) launched a campaign against the plan to regulate content on the Internet in the spring in Brazil.
After being available in only three languages – English, Japanese and Korean – Google says Bart can now create content in around 40 languages, including Arabic, German, Chinese, Spanish, French and Hindi.
The program provides its answers verbally, professionally or informally, or extracts information from the photograph.
Cool allows you to continue old conversations with artificial intelligence, an existing feature of GBT Chat.
Introduced as an alternative to traditional online search, chatbots have been a huge success since the launch of ChatGBT in November 2022.
France 24/AFP
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By the end of yesterday’s trade, local bourses attracted liquidity of about 1.75 billion dirhams, while the market capitalization of the Dubai Financial Market gained more than 12.14 billion dirhams, surpassing its highest level in eight years, supported by gains. Leading stocks and “Banks” in “Real Estate” sectors.
After 410.29 million shares were traded by executing more than 24.38 thousand transactions, liquidity was distributed in the Abu Dhabi Securities Market of 986.8 million dirhams and 768.32 million dirhams in the Dubai Financial Market.
The Dubai Financial Market General Index rose 1.56%, or 63.68 points, to end at 4138.4 points, its highest level since August 2015, and the Abu Dhabi General Market Index (FADGI) edged up 0.003%. 9822.56 points level.
The Dubai financial market’s performance strengthened, with shares of “Emaar Properties” rising 5.2% to close at a 9-year high, and shares of “Emirates NBD” rising 3.9% and shares of “Emaar Development” up around 5.5%. , and “Dubai Islamic” shares. 0.7%.
Emaar Properties shares topped the performance, attracting more than Dh337.3 million in liquidity.
Responding to this, General Manager of Al Ansari Financial Services Company, Abdul Qader Shad told “Emirates Today”: “It can be said that the financial markets were remarkable yesterday due to the rise of the Dubai Financial Market. Over the past 8 years, Emaar Properties has been heavily supported by the company’s share price rise.” A rally in shares of ADNOC Logistics supported the Abu Dhabi securities market yesterday and pushed it to close in the green zone. 4%, and ADNOC Drilling 1.84%.
Aaron Leslie John, Chief Market Analyst, Century Financial, said, “The Dubai Financial Market Index hit an 8-year high in early trade and crossed 4100 points, supported by gains in leading stocks. Light of the real estate boom the emirate is witnessing.” “Confidence in the country’s economic growth in general has increased according to recently announced indicators.”
In the same context, equity investment expert Mahmoud Atta pointed out that one of the most important reasons for improving the gains of the Dubai financial market is that listed companies have recorded consistent and good profits compared to stock markets in the region. The banking and real estate sectors, which are characterized by strong financial and operational fundamentals, are attractive stocks for portfolio investors in addition to foreign investment funds.
Organizing World Investors Conference in Singapore
The Dubai Financial Market yesterday announced the third session of the 2023 Global Investors Conference in Singapore, giving investors an opportunity to meet senior representatives of the Dubai market in Singapore.
The conference will be held on September 27 and 28 in collaboration with Goldman Sachs within the framework of the Singapore Corporate Days 2023 initiative, the market said in a statement, confirming Dubai Financial Market’s commitment to expanding the scope of global communication and interaction. Investors, to demonstrate the strength of the capital markets in the Emirate of Dubai.
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Here are the AI highlights for September 20.
September 20, 2023
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According to Reuters, major indexes fell on Wall Street on Tuesday as investors risk aversion ahead of the Federal Reserve’s two-day monetary policy meeting.
All three indices ended the session lower amid widespread selling ahead of the announcement of the central bank’s interest rate decision, which is expected to remain unchanged.
According to preliminary data, the S&P 500 index fell 9.84 points, or 0.22 percent, to end at 4,443.69, while the Nasdaq Composite lost 32.05 points, or 0.23 percent, to 13,677.80. The Dow Jones industrial average was down 106.46 points, or 0.31 percent, at 34,517.84.
Gulf markets
Most stock markets in the Gulf region ended higher on Tuesday, with the Egyptian stock market closing higher ahead of the US Reserve’s decision on interest rates.
The U.S. Federal Reserve is expected to keep borrowing costs unchanged at 5.25 percent to 5.5 percent on Wednesday. Traders will be looking for signs of how long the central bank will keep interest rates at current levels.
Monetary policy in the six Gulf Cooperation Council countries is generally guided by that of the US Federal Reserve, as most currencies in the Gulf countries are pegged to the dollar.
The Saudi index was up 0.3 percent, with shares in Alinum Bank up 1.9 percent and Saudi Arabian Mining Company (MADEN) shares up 4.9 percent for two sessions of losses.
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