Latest news with #AI)Summit
United News of India
3 days ago
- Business
- United News of India
Manipur technocrat discusses AI in UN
Imphal, July 19 (UNI) Manipur marked a proud milestone with its representation at the Artificial Intelligence (AI) Summit held at the United Nations Headquarters in Vienna, Austria. State information official today said the summit brought together representatives from over 100 countries, discussing critical issues including digital sovereignty, ethical AI, and the role of AI in empowering developing countries and the Global South. Among the global participants was Joyremba, Managing Director of a private company who played a significant role not only as a delegate but also as a member of the speaker selection committee. Over a period of three months, he took part in more than eight rounds of interviews, helping evaluate over 160 speaker applications from around the world. His involvement directly contributed to shaping the diverse and impactful lineup of voices featured at the summit. In his remarks during the summit, Joyremba highlighted the pressing challenges faced by smaller regions like Manipur in adopting AI-driven transformation. These include the lack of adequate computing infrastructure, gaps in consistent and reliable data, frequent disruptions due to conflict situations, and a shortage of high-end skilled professionals in fields like AI, machine learning, and data science. He emphasized the need for global cooperation, inclusive investment, and policy support to ensure these gaps are addressed meaningfully. 'It was an honour to represent not just Manipur but also the aspirations of many similar regions that are rich in potential but often overlooked in global conversations on technology,' Joyremba stated. 'AI should not just be powerful — it must be inclusive, accessible, and ethical.' The summit emphasized the need for stronger regional representation in global tech policy frameworks, particularly from developing regions. Joyremba's presence at such a high-level platform reflects the growing contribution of professionals from Manipur and the North East in international technology and governance conversations. UNI NS RN
Observer
05-04-2025
- Business
- Observer
Oman, Rwanda forge digital ties at Global AI Summit
KIGALI: The Sultanate of Oman has taken a significant step towards strengthening international digital collaboration by signing a memorandum of understanding (MoU) with the Republic of Rwanda on the sidelines of the Global Artificial Intelligence (AI) Summit held in Kigali, Rwanda. The summit, themed 'Artificial Intelligence and Africa's Demographic Dividend: Reimagining Economic Opportunities for Africa's Workforce', brought together more than 1,000 participants from 95 countries, including global policymakers, researchers, investors and over 100 AI companies. It served as a platform to explore the latest innovations in artificial intelligence, promote investment opportunities and align strategic policies to enhance Africa's AI capabilities. The MoU, signed by Dr Ali bin Amer al Shaithani, Under-Secretary of the Ministry of Transport, Communications and Information Technology for Communications and Information Technology, and Yves Iradokunda, Permanent Secretary of Rwanda's Ministry of Communications, Information Technology and Innovation, outlines a framework for cooperation in key digital areas. These include the digitisation of government services, AI development, digital transformation, cybersecurity, and fostering innovation through private sector partnerships. It further includes collaboration in research and development across emerging technologies such as blockchain, the Internet of Things (IoT), and AI, while also emphasising the development of small and medium-sized enterprises (SMEs), talent upskilling and data protection initiatives. Oman, Rwanda forge digital ties at Global AI Summit Oman's participation in the summit underscored its commitment to advancing its digital economy and creating global partnerships in ICT. The Omani delegation, led by Dr Al Shaithani, featured representatives from prominent tech companies including ITCHA Group, Omantel and Oman Data Park, who used the platform to present Oman's growing capabilities and potential as a hub for digital innovation. On the sidelines of the summit, Dr Al Shaithani met with Paula Ingabire, Rwanda's Minister of Communications, Information Technology and Innovation, where both parties discussed expanding bilateral cooperation in the ICT sector and shared insights on Rwanda's progress in digital transformation. The summit also marked the official launch of the Africa AI Council, aimed at steering the continent's collective AI development strategies and fostering inclusive growth. This strategic engagement between Oman and Rwanda marks a milestone in digital diplomacy, positioning both nations at the forefront of the global push for innovation and sustainable digital transformation. - ONA
Yahoo
10-02-2025
- Business
- Yahoo
Amazon.com, Inc. (AMZN) – AI-Powered Logistics and Cloud Innovation Fueling Growth
We recently published a list of . In this article, we are going to take a look at where Inc (NASDAQ:AMZN) stands against other AI stocks dominating Wall Street. Representatives from around the world are going to be attending the Artificial Intelligence (AI) Summit at the Grand Palais on 10–11 February 2025. The summit will focus on harnessing the power of AI systems as well as the risks posed by them. From heads of state and government and leaders of international organizations to business leaders, as well as representatives from academia, civil society, and the arts, it would seem everyone related to the artificial intelligence world is to attend. However, that's not quite true. READ ALSO: and Reuters has recently reported that the U.S. delegation to the AI Summit will not include technical staff from the country's AI Safety Institute. Vice President JD Vance is leading the U.S. contingent to France, with attendees including members of the White House Office of Science and Technology Policy: Principal Deputy Director Lynne Parker and Senior Policy Advisor for Artificial Intelligence Sriram Krishnan. However, Homeland Security and Commerce Department officials are not going to be there, particularly the representatives of the U.S. AI Safety Institute trips have been canceled. The AI Safety Institute, created under former President Joe Biden, was created to mitigate certain risks from AI, having signed agreements with U.S. startups OpenAI and Anthropic for safety testing. The absence of these representatives implies that the Commerce Department, in which the Safety Institute resides, is still in the transition phase after Trump's inauguration. Regarding the discussion on AI, Prof Gina Neff from the Minderoo Centre for Technology and Democracy said that there is currently 'a vacuum for global leadership on AI'. Another professor from Southampton University seems to agree: 'DeepSeek made everybody realize that China is a force to be reckoned with,' says the computer scientist. We don't have to just go along with what the big companies on the West Coast are saying. We need global dialogue.' For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (). A customer entering an internet retail store, illustrating the convenience of online Inc (NASDAQ:AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions. Some of the biggest analyst calls for Friday, February 7th, were for Amazon Inc. Several analysts remain bullish on the stock despite the company's disappointing guidance for the current period. The company reported better-than-expected earnings and revenue for the fourth quarter, but guidance for Q1 was well short of the midpoint of Wall Street's outlook. The company said it sees Q1 revenue of between $151 billion and $155 billion, while analysts were anticipating $158 billion. The company's lackluster cloud revenue growth further intensified investor concerns that Big Tech's massive artificial intelligence investments are taking longer to deliver returns. Nevertheless, analyst Brian Nowak of Morgan Stanley has maintained a 'Buy' rating and retained the price target of $280.00. Nowak's rating stems from the company's strategic advantages and potential for growth. The firm anticipates logistics and cost efficiency improvements due to advancements in robotics and GenAI (Generative AI) technologies. This will in turn boost Amazon's retail operations significantly. Similarly, Amazon Web Services (AWS) is displaying profitable growth and tends to boost even further as the demand for GenAI inference expands. Even though current investments are impacting near-term free cash flow, the emphasis on long-term returns and Amazon's leadership in GenAI applications render the company favorable for future success. 'We now turn to AMZN, which, in our view, is still the most under-appreciated GenAI winner of our mega-caps'. Overall, AMZN ranks 1st on our list of AI stocks dominating Wall Street. While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMZN but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
10-02-2025
- Business
- Yahoo
Amazon.com, Inc. (AMZN) – AI-Powered Logistics and Cloud Innovation Fueling Growth
We recently published a list of . In this article, we are going to take a look at where Inc (NASDAQ:AMZN) stands against other AI stocks dominating Wall Street. Representatives from around the world are going to be attending the Artificial Intelligence (AI) Summit at the Grand Palais on 10–11 February 2025. The summit will focus on harnessing the power of AI systems as well as the risks posed by them. From heads of state and government and leaders of international organizations to business leaders, as well as representatives from academia, civil society, and the arts, it would seem everyone related to the artificial intelligence world is to attend. However, that's not quite true. READ ALSO: and Reuters has recently reported that the U.S. delegation to the AI Summit will not include technical staff from the country's AI Safety Institute. Vice President JD Vance is leading the U.S. contingent to France, with attendees including members of the White House Office of Science and Technology Policy: Principal Deputy Director Lynne Parker and Senior Policy Advisor for Artificial Intelligence Sriram Krishnan. However, Homeland Security and Commerce Department officials are not going to be there, particularly the representatives of the U.S. AI Safety Institute trips have been canceled. The AI Safety Institute, created under former President Joe Biden, was created to mitigate certain risks from AI, having signed agreements with U.S. startups OpenAI and Anthropic for safety testing. The absence of these representatives implies that the Commerce Department, in which the Safety Institute resides, is still in the transition phase after Trump's inauguration. Regarding the discussion on AI, Prof Gina Neff from the Minderoo Centre for Technology and Democracy said that there is currently 'a vacuum for global leadership on AI'. Another professor from Southampton University seems to agree: 'DeepSeek made everybody realize that China is a force to be reckoned with,' says the computer scientist. We don't have to just go along with what the big companies on the West Coast are saying. We need global dialogue.' For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (). A customer entering an internet retail store, illustrating the convenience of online Inc (NASDAQ:AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions. Some of the biggest analyst calls for Friday, February 7th, were for Amazon Inc. Several analysts remain bullish on the stock despite the company's disappointing guidance for the current period. The company reported better-than-expected earnings and revenue for the fourth quarter, but guidance for Q1 was well short of the midpoint of Wall Street's outlook. The company said it sees Q1 revenue of between $151 billion and $155 billion, while analysts were anticipating $158 billion. The company's lackluster cloud revenue growth further intensified investor concerns that Big Tech's massive artificial intelligence investments are taking longer to deliver returns. Nevertheless, analyst Brian Nowak of Morgan Stanley has maintained a 'Buy' rating and retained the price target of $280.00. Nowak's rating stems from the company's strategic advantages and potential for growth. The firm anticipates logistics and cost efficiency improvements due to advancements in robotics and GenAI (Generative AI) technologies. This will in turn boost Amazon's retail operations significantly. Similarly, Amazon Web Services (AWS) is displaying profitable growth and tends to boost even further as the demand for GenAI inference expands. Even though current investments are impacting near-term free cash flow, the emphasis on long-term returns and Amazon's leadership in GenAI applications render the company favorable for future success. 'We now turn to AMZN, which, in our view, is still the most under-appreciated GenAI winner of our mega-caps'. Overall, AMZN ranks 1st on our list of AI stocks dominating Wall Street. While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMZN but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
09-02-2025
- Business
- Yahoo
MicroStrategy Incorporated (MSTR) – Bitcoin and AI Convergence Fuels Strategic Growth
We recently published a list of . In this article, we are going to take a look at where MicroStrategy Incorporated (NASDAQ:MSTR) stands against other AI stocks dominating Wall Street. Representatives from around the world are going to be attending the Artificial Intelligence (AI) Summit at the Grand Palais on 10–11 February 2025. The summit will focus on harnessing the power of AI systems as well as the risks posed by them. From heads of state and government and leaders of international organizations to business leaders, as well as representatives from academia, civil society, and the arts, it would seem everyone related to the artificial intelligence world is to attend. However, that's not quite true. READ ALSO: and Reuters has recently reported that the U.S. delegation to the AI Summit will not include technical staff from the country's AI Safety Institute. Vice President JD Vance is leading the U.S. contingent to France, with attendees including members of the White House Office of Science and Technology Policy: Principal Deputy Director Lynne Parker and Senior Policy Advisor for Artificial Intelligence Sriram Krishnan. However, Homeland Security and Commerce Department officials are not going to be there, particularly the representatives of the U.S. AI Safety Institute trips have been canceled. The AI Safety Institute, created under former President Joe Biden, was created to mitigate certain risks from AI, having signed agreements with U.S. startups OpenAI and Anthropic for safety testing. The absence of these representatives implies that the Commerce Department, in which the Safety Institute resides, is still in the transition phase after Trump's inauguration. Regarding the discussion on AI, Prof Gina Neff from the Minderoo Centre for Technology and Democracy said that there is currently 'a vacuum for global leadership on AI'. Another professor from Southampton University seems to agree: 'DeepSeek made everybody realize that China is a force to be reckoned with,' says the computer scientist. We don't have to just go along with what the big companies on the West Coast are saying. We need global dialogue.' For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (). A software engineer wearing a headset, collaborating with a remote team on a formerly known as MicroStrategy Incorporated (NASDAQ:MSTR), offers AI-powered enterprise analytics software and services. It is the largest corporate holder of Bitcoin and the world's first Bitcoin Treasury Company. On February 6th, Mark Palmer from Benchmark Co. reiterated a Buy rating on the stock with a price target of $650.00. Palmer's buy rating stems from Strategy's strategic focus and financial performance. The company has recently rebranded its name to 'Strategy', implying an increased focus on Bitcoin and artificial intelligence as the two main transformative technologies of the industry. The firm noted that the rebranding particularly reflects a commitment to aggressively acquiring Bitcoin, noted by the increased BTC Yield target for 2025. The introduction of new key performance indicators, namely BTC Gain and BTC $ Gain, reflects the value generated from MicroStrategy (NASDAQ:MSTR)'s bitcoin treasury operations. Even though there is a projected decrease in the BTC $ Gain target for 2025 compared to 2024, Strategy's focus on bitcoin acquisition remains intact. Overall, MSTR ranks 8th on our list of AI stocks dominating Wall Street. While we acknowledge the potential of MSTR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MSTR but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
