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UAE backs Sam Altman's vision, aims to lead the world on AI regulation; IBM report reveals 59% of Indian enterprises actively using AI; Microsoft pledges $3.44 billion investment in Germany, focusing on AI boost; Google unveils internal AI 'Goose' to accelerate employee coding efficiency- this and more in our daily roundup. Let us take a look.1. UAE aims to lead in AI regulationThe UAE aims to lead in AI testing and regulation, aligning with OpenAI's CEO Sam Altman's vision. UAE's Minister of State for AI, Omar Al Olama,…

While there's enough room to carry two or more bikes in the cargo area of most minivans (with the back seats removed), there's typically nothing to keep them securely in place. The Slide&Go system is designed to help, by providing floor-mounted wheel-attachment points.Created by Italian entrepreneurs Giovanni Mazzocchi and Paolo Briccoli Pontiggia, Slide&Go is currently the subject of a Kickstarter campaign. And while we're told that it should be adaptable to most van types, it's presently only guaranteed to work…

The 2024 US presidential election campaign, lacking any defining story to tell and with a prevailing lack of enthusiasm in a rematch of candidates in their eighth and ninth decades, last week settled on Taylor Swift – and an endorsement she may or may not make – as its defining obsession.On one side, expectations emanating from the Biden re-election camp were that the 34-year-old superstar would cast her influence over tens of thousands of Swifties their way; on the other, furious Republicans who at first sought to…

A Harvard College graduate trying to win a seat on a prestigious alumni council won backing from one of the school's most famous dropouts: Facebook founder Mark Zuckerberg. Sam Lessin, a venture capitalist who once worked at Zuckerberg's social media giant, began campaigning last month for the Board of Overseers — a group that counsels university leadership on plans, priorities and strategic initiatives. Lessin said Zuckerberg and his wife, Priscilla Chan, would join him on a Zoom call Friday to discuss his effort to get…

A fledgling Dutch startup wants to help companies extra data from large volumes of complex documents where accuracy and security is paramount — and it has just secured the backing of Google’s Gradient Ventures to do so. Send AI, as the startup is called, is taking on established incumbents in the document processing space such as UiPath, Abbyy, Rossum, and Kofax, with a customizable platform that allows companies to fine-tune AI models for their own individual data-extraction needs. For instance, a company operating…

Silicon Valley venture capital (VC) juggernaut Sequoia is backing a fledgling Danish startup to build a next-gen software composition analysis (SCA) tool, one that promises to help companies filter through the noise and identify vulnerabilities that are a genuine threat. For context, most software contains at least some open source components, many of which are out-of-date and irregularly — if at all — maintained. This has led to all manner of security flaws, such as Log4Shell which impacted the…

Deprived children are being robbed of a lifetime of reading for pleasure, by governments that are “simply blind” to the benefits of loving literature from an early age, according to the author Michael Morpurgo.Morpurgo and a coalition of leading authors, including Julia Donaldson, Malorie Blackman and Cressida Cowell, are backing a call by BookTrust to ensure that every child from a low-income family has access to books and reading activities by investing in a programme across schools and nurseries.“We have to acknowledge…

An official for the U.S. labor-relations agency has accused SpaceX of violating a federal workplace law by firing employees who circulated a letter criticizing founder Elon Musk. The former employees, along with around 400 other SpaceX workers, signed a letter in the summer of 2022 that called Musk’s public statements and behavior embarrassing and distracting. It asked SpaceX management to publicly separate the company from Musk’s personal brand. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.…

Updated Jan. 3, 2024 7:43 am ETActivist investor ValueAct reached a deal to back Walt Disney’s slate of board nominees at the coming 2024 shareholder meeting, bolstering the company’s position as it looks to fight off a proxy battle with rival activist Nelson Peltz.Disney signed a confidentiality agreement allowing it to share company information with shareholder ValueAct Capital Management and consult with the firm on strategic matters. The entertainment giant said Wednesday that the arrangement allows the activist…

Ford Motor 's decision to cut production of its electric pick-up allows the automaker to refocus its strategy around its highly profitable hybrid vehicles, which in turn should boost its underperforming stock. Ford said Monday it's cutting in half planned production of its all-electric F-150 Lightning pick-up truck next year due to moderating consumer demand. The new production plans call for an average volume of around 1,600 F-150 Lightnings a week, compared with previous plans to produce roughly 3,200 a week, at the…