Economy

The World Defense Exhibition announces the reservation of the entire exhibition space for the second edition, 5 months before its opening ceremony.

Published

2 weeks ago

September 14, 2023

Nadia Barnett

The World Defense Exhibition announces the reservation of the entire exhibition space for the second edition, 5 months before its opening ceremony.

65 countries participated, a 50% increase compared to the first edition

Registration is open to participate in the events and programs of the World Defense Expo 2024

There is an opportunity for startups and investors who want to participate in the Future of Defense platform

London, United Kingdom: As the exhibition is to be presided over by Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, the World Defense Expo announced that it will sell out the entire space allocated for the exhibition in the second edition, 5 months before its opening. – May God protect him – in the capital city of Riyadh from 4 to 8 February 2024, adding a third arena and increasing the exhibition space by 25% as part of meeting the growing demand for this event. attention

For his part, Andrew Percy, CEO of the World Defense Exhibition, said: “We are pleased to announce that the designated halls for our exhibition are completely sold out, and I invite all parties and companies that are unable to participate as exhibitors, to expedite and complete the registration procedures as visitors once the registration for visitors opens.” This is to ensure their participation in special content programs, exhibition activities and live performances and to benefit from the exclusive and exceptional experience that World Defense Expo offers. , within the framework of the “Journey to the Future” project, Percy expressed his delight at the international representation in the second edition, as the number of countries participating in the exhibition included 65 countries, including 23 countries. first time.

Percy added: “These numbers reflect the leading position of the World Defense Exhibition and enhance its efforts to achieve a better future for the defense and security sector, as the first edition saw success that exceeded expectations. Despite the Corona epidemic and the difficulties in travel and transport at the time, the exhibition was attended by people from all over the world. Attracting around 600 exhibitors and 65,000 visitors, the first edition saw contracts worth more than 29.6 billion Saudi riyals ($7.89 billion) in four days and in light of the new developments in the World Defense Expo. We expect a significant increase in the number of participants and visitors in the 2024 edition.

Exhibitors and visitors will be able to take part in the “Bilateral Meeting Program”, Percy said: “Visitors and exhibitors alike will be able to participate in the “Bilateral Meeting Program”, which will take place over three days and is a unique. Opportunity for suppliers to interact and interact with global buyers and official representatives.” The second edition will witness the organization of the “Meeting Program of Saudi Government Companies”, which will inform investors who wish to enter the Saudi market with the latest developments and guidelines in the business sector in the Kingdom, investment requirements and conditions and partnership and employment mechanisms in line with the general objectives of the Defense and National Defense Department.

During the exhibition there are various opportunities to develop relationships and partnerships between various organizations working in the field of safety and security, as the “Official Delegates Program” comes as one of the most important activities to meet the aspirations of the exhibitors. Expand their business in Saudi market or international markets.

One of the most important new additions to the exhibition is the “Space Platform”, which showcases the latest space capabilities, innovations and technologies and tracks their role in shaping a better future in the field of defense and security. Saudi Arabia’s strategic ambitions in the space sector and to identify future opportunities and international partners in the space sector.
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Nadia Barnett

“Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator.”

Economy

4 new AI tools you can use to edit photos on Instagram

Published

8 hours ago

September 30, 2023

Nadia Barnett

4 new AI tools you can use to edit photos on Instagram

As part of Meta’s Connect conference last Wednesday, Mark Zuckerberg revealed several creative AI features that will be useful for some content creators and influencers. For example, users will be able to use Meta’s AI technology, revealed as Emu. In the Instagram app.

Zuckerberg said Meta will begin rolling out these photo-editing and generative AI tools to Instagram “in about a month,” and Meta’s Emu technology will take seconds to generate images, Zuckerberg said during the Connect conference.

In addition to photo editing tools, Meta is already releasing AI stickers that use Emu and Llama 2 technology, and advanced applications of AI will soon appear in Meta apps in the form of chatbots or AI-powered assistants. Meta will begin testing the beta feature immediately.

Here’s a full rundown of the new AI features Meta brings to Instagram:

– New photo editing tools in the Instagram app:

Like many apps and generative AI filters that are ubiquitous on TikTok, Instagram is adopting its own generative AI tools. Users can also edit photos by “re-styling”, which changes the artistic style of the photo, similar to altering the photo. A watercolor, or “background,” that allows users to replace the background of the image with an illustration.

Any image edited using these tools “represents the use of artificial intelligence,” Mitta wrote in a blog post.

– AI-generated stickers for use in direct messages:

Instead of sticking with Instagram’s existing preloaded stickers or emojis, Meta is rolling out a new tool that lets users create unique stickers using AI. Meta wrote in his blog post that the feature will be rolling out to “select English users next month.”

AI stickers are also available in Instagram features like Live Messages and Stories, and other apps like WhatsApp, Messenger and Facebook’s Stories feature.

– Interactive AI bots – or characters:

In addition to its general AI assistant called “Meta AI,” Meta is working with celebrities and influencers to develop 28 AI chatbots. The first cast uses celebrities and popular influencers like Tom Brady and Kendall Jenner. MrBeast, LaurDIY, and Charli D. Amelio and the AI characters will have their own profiles on Instagram and Facebook.

– Creators will be able to build their own robots in the future:

“We’re building a platform to build AI that can help you do things or have fun,” Zuckerberg said. “The way it works is that people can interact with these AI systems across the entire product universe. .”

Zuckerberg pitched these AI bots as a potential way for creators to “engage” with their communities. The creator of these bots should be “authorized” and “directly controlled,” Meta wrote in a blog post. Already, many startups have released AI tools. Similar applications allow creators to create AI versions such as Afterparty or Render Media.

Nadia Barnett

“Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator.”

Economy

Inflation in the euro zone fell to its lowest level in a year

Published

16 hours ago

September 30, 2023

Nadia Barnett

Inflation in the euro zone fell to its lowest level in a year

Economic data released today on Friday showed that the euro zone’s core inflation rate fell to its lowest level in nearly a year this month, bolstering expectations that the European Central Bank will keep interest rates on hold at its next meeting to assess. The consequences of an unprecedented campaign to raise interest rates throughout the past.

European statistics agency Eurostat reported today that sales, excluding highly volatile items such as food and energy, fell to 4.5% this September, while analysts polled by Bloomberg News had expected a drop of 4.8%, compared with 5.3%. In the month, in the past.

At the same time, the headline inflation rate eased to 4.3% this month from 5.2% last August, the lowest level in nearly two years and well below expectations, thanks to a fall in energy prices. Accelerating rate of rise in prices of services.

The data released today is a strong indication that core inflation, a key measure for the central bank’s monetary policymakers, is on a downward path following a period of statistical deterioration over the summer months.

Despite the decline, general and core inflation rates have been more than twice the central bank’s target of 2% annually.

At the same time, there is a wide disparity in inflation rates between the euro zone’s twenty member states, with the inflation rate in Germany falling to its lowest level in two years this month, while the rate in Spain rose by more than 3. % again.

The current September consumer price inflation rate showed a new decline, reaching its lowest level in more than a year and a half, with the Italian statistics office saying the inflation rate fell to 5.3 for the current month. % y/y compared to 5.4% last month, while the core inflation rate, excluding highly volatile food and energy prices, fell to 4.6% this month, down from 4.8% last month.

Nadia Barnett

“Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator.”

Economy

Meta unveils new artificial intelligence products

Published

24 hours ago

September 29, 2023

Nadia Barnett

Meta unveils new artificial intelligence products

Mark Zuckerberg, CEO of MetaPlatforms, has introduced a group of new products powered by artificial intelligence, including smart glasses that can answer questions and broadcast live on Facebook, as well as “bot” programs to create images and an advanced headset for virtual reality. .

Zuckerberg described the products as bridging the virtual and real worlds, and asserted that low-cost or free artificial intelligence in what Meta offered could be integrated into daily routines.

The MetaQuest virtual reality headset is one of the most popular in the burgeoning virtual reality industry, and company executives described it as the best value in the industry, marking the imminent launch of an expensive headset from Apple.

Speaking from the central courtyard at Meta’s sprawling campus in Silicon Valley, Zuckerberg said Meta’s new generation of Ray-Ban smart glasses will launch on October 17 for $299.

The device will have a new assistant from Meta that works with artificial intelligence and will be able to live-stream what the user sees on Facebook and Instagram, a feat compared to the previous generation’s ability to take pictures.

Earlier during the presentation, Zuckerberg said that the latest mixed reality headset (Quest) will start rolling out on October 10.

Zuckerberg’s statements came at the MetaConnect conference, the social media company’s biggest event of the year and the first to be held in person since the start of the Covid pandemic.

It launched the first consumer-oriented generative artificial intelligence products, in which a chatbot (meta AI chatbot) can generate text responses and realistic images.

Zuckerberg emphasized: “It’s not just about answering inquiries. It’s about helping people do things for entertainment and interacting with the people around you.”