Indonesia Plans Sovereign Fund to Boost AI Ambitions
Indonesia is set to establish a sovereign artificial intelligence fund to support its ambitions of becoming a leading regional hub for this rapidly evolving technology, according to an official government document.
The plan is part of the country's first national AI roadmap, which aims to attract foreign investment and strengthen Indonesia's position in the global AI and semiconductor race.
The initiative follows significant progress by neighboring Malaysia, which has secured billions of dollars from global technology companies to build vital infrastructure for cloud computing and AI services.
The Indonesian strategy, detailed in a 179-page white paper, recommends creating a sovereign AI fund to be managed primarily by the country's newly established sovereign wealth fund, Danantara Indonesia, which oversees assets exceeding 900 billion US dollars. Although the document does not specify the amount required, it outlines a timeline for launching the fund between 2027 and 2029.
The roadmap also
addresses
key challenges facing Indonesia, including a shortage of skilled professionals, limited research funding, and other barriers to AI development.
Major technology companies such as Nvidia and Microsoft have already expressed interest in Indonesia's AI ambitions, signaling the potential for significant international collaboration and investment in the coming years.
read more
Gold prices rise, 21 Karat at EGP 3685
NATO's Role in Israeli-Palestinian Conflict
US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria
Shoukry Meets Director-General of FAO
Lavrov: confrontation bet. nuclear powers must be avoided
News
Iran Summons French Ambassador over Foreign Minister Remarks
News
Aboul Gheit Condemns Israeli Escalation in West Bank
News
Greek PM: Athens Plays Key Role in Improving Energy Security in Region
News
One Person Injured in Explosion at Ukrainian Embassy in Madrid
Videos & Features
Story behind Trending Jessica Radcliffe Death Video
News
Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters
Arts & Culture
"Jurassic World Rebirth" Gets Streaming Date
News
China Launches Largest Ever Aircraft Carrier
News
Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia
Business
Egyptian Pound Undervalued by 30%, Says Goldman Sachs
Videos & Features
Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall
Arts & Culture
South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle
Lifestyle
Get to Know 2025 Eid Al Adha Prayer Times in Egypt
Arts & Culture
Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
See - Sada Elbalad
3 hours ago
- See - Sada Elbalad
Perplexity AI Makes $34.5 Billion Play for Google's Chrome
H-Tayea AI startup Perplexity has stunned the tech world with a $34.5 billion all-cash bid to acquire Google's Chrome browser, the most widely used web browser on the planet. The offer, made public on August 12, 2025, comes as Google faces mounting antitrust pressure in the U.S., where regulators and the Justice Department are weighing remedies that could force the tech giant to divest Chrome. The move follows a landmark ruling last year by U.S. District Judge Amit Mehta, who found that Google violated antitrust law by unlawfully maintaining its search dominance through default agreements with device makers and browser developers. Chrome, which serves as a crucial gateway to Google Search and its vast data ecosystem, is now a prime target for structural remedies. Perplexity, valued at $18 billion and known for its AI-native Comet browser, says it can operate Chrome as an independent entity and restore real competition to the search sector. The company's offer includes: $34.5 billion in cash—a figure close to analyst estimates of Chrome's standalone value. A commitment to keep Chrome's open-source Chromium engine intact. Google as the default search engine—while preserving users' ability to switch freely. $3 billion in development investment over two years to expand Chrome's capabilities. Guaranteed 100 months of continued Chrome availability after the deal closes. Perplexity says it has secured backing from major venture-capital firms to fully finance the acquisition. If approved, the deal could transform the browser and search landscape. Perplexity has signaled plans to integrate AI-driven features and privacy tools, potentially challenging Google's traditional search model. Regulators have argued that only major divestitures like Chrome will meaningfully reduce Google's market power. Google has yet to comment on the offer, and analysts caution the bid remains a long shot—Chrome is not formally for sale, and Google is expected to contest any forced breakup. Other potential suitors, including OpenAI and Yahoo, have also expressed interest if Chrome is put on the market. Judge Mehta's decision on remedies could come within weeks, making Chrome's future—and the balance of power in internet search—one of the most closely watched developments in global tech. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid Videos & Features Story behind Trending Jessica Radcliffe Death Video News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani
Al-Ahram Weekly
6 hours ago
- Al-Ahram Weekly
DR Congo army accuses M23 of 'multiple attacks' despite ceasefire deal - Africa
The Congolese army accused the Rwanda-backed M23 militia on Tuesday of "multiple attacks" on its positions in the east, where several days of fighting have threatened a US-brokered ceasefire deal. The eastern Democratic Republic of Congo, a region bordering Rwanda with abundant natural resources but plagued by non-state armed groups, has suffered extreme violence for more than three decades. Since taking up arms again at the end of 2021 the M23 armed group has seized swathes of land in the restive region with Rwanda's backing, triggering a spiralling humanitarian crisis. A fresh surge of unrest broke out early this year when the M23 captured the key cities of Goma and Bukavu, setting up their own administrations. The Congolese government and the M23 signed a declaration of principles on July 19 in Qatar that included a "permanent ceasefire" aimed at halting the conflict. It followed a separate peace deal between the Congolese and Rwandan governments signed in Washington the previous month. But violence has continued on the ground, with fighting becoming more intense since Friday around the town of Mulamba in South Kivu province, where the front line had been relatively stable since March. The M23 attacked positions between held by pro-Kinshasa militia and army forces and pushed them back several kilometres, local and security sources said. The "almost daily" attacks constitute an "intentional and manifest violation" of the Washington peace deal and the declaration of principles agreed in Doha, Congolese army spokesman Sylvain Ekenge said in a statement. The army said it was ready to respond "to all provocations from this coalition, accustomed to violating agreements". M23 spokesman Lawrence Kanyuka said in a post on X on Monday that the DRC's government was continuing "offensive military manoeuvres aimed at full-scale war". Rwanda denials After a lull in the morning, fighting resumed in Mulamba on Tuesday afternoon, according to local sources. Both sides had rushed reinforcements to the territory on Sunday, the sources added. Any breakthrough by the M23 in the mountainous region would give the armed group control of many mining sites, most of them gold and run by Chinese businesses. Neither side has provided a toll from the clashes. Dozens of ceasefires and truces have been brokered and broken in recent years without providing a lasting end to the conflict. At the beginning of August, UN human rights chief Volker Turk accused the M23 of having killed at least 319 civilians in July, insisting the fighters were "backed by members" of the Rwandan army. Rwanda on Monday branded the UN's accusations its army had helped kill civilians "unacceptable". Kigali has consistently denied proving the M23 military support. A report from UN experts in July however found that Rwanda's army played a "critical" role in the M23's conquest of Goma and Bukavu, capital of the North and South Kivu provinces respectively. More than two million people have fled the violence in both North and South Kivu since the beginning of 2025, according to a late July report from the UN's Office for the Coordination of Humanitarian Affairs. Rwanda has long maintained that it faces an existential threat from the FDLR, a militia founded in the Congolese east by ethnic Hutu leaders involved in the 1994 Rwandan genocide of Tutsis. Follow us on: Facebook Instagram Whatsapp Short link:
See - Sada Elbalad
8 hours ago
- See - Sada Elbalad
The Jessica Radcliffe Orca Attack? 100% Fake and AI-Generated
By Ahmad El-Assasy The viral video claiming to show Jessica Radcliffe's death by an orca attack is entirely fabricated. It portrays an event featuring a marine trainer named Jessica Radcliffe at a made-up venue called Pacific Blue Marine Park, where she is supposedly killed during a performance. However, thorough investigations have debunked this video, highlighting several facts: - There is no evidence of Jessica Radcliffe's existence; no records, employment details, or credible accounts support the claim that she was a marine trainer or involved in such an incident. - The video in question is created using artificial intelligence, blending AI-generated voices with either manipulated or old footage to craft a false narrative. - It contains sensational details, such as the attack being provoked by menstrual blood, aimed at enhancing the emotional response and viral potential of the story. - This hoax draws on real-life tragedies, such as the deaths of trainers Alexis Martínez in 2009 at Loro Parque in the Canary Islands and Dawn Brancheau in 2010 at SeaWorld Orlando, which was featured in the documentary "Blackfish." These true events likely lent the video a semblance of credibility. - No credible evidence or official statements support the video's claims, underscoring its role as a stark example of how AI and social media can be used to propagate misinformation quickly. In essence, the story of Jessica Radcliffe's death is a fictional, AI-generated hoax without any factual basis, crafted to mislead and garner views by mimicking real orca attack incidents. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid Videos & Features Story behind Trending Jessica Radcliffe Death Video News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani
