Latest news with #artificialIntelligence


Mail & Guardian
10 hours ago
- Politics
- Mail & Guardian
From code to cooperation: How the G20 and Unesco can shape ethical AI
Bright future: Unesco's Gabriela Ramos focuses on social inclusion and an antidiscriminatory agenda and ethics of artificial intelligence. (Photo supplied) Imagine a world where technology helps cure diseases, close learning gaps and expand access to public services. Now imagine one where digital tools deepen inequality, automate discrimination and erode democratic values. Both futures are possible. Which one prevails depends on the choices we make today. Advancing at remarkable speed, artificial intelligence (AI) is no longer just a technical debate, it's a societal one. Generative AI reached millions in days, with ChatGPT adopted faster than any previous technology. Meanwhile, neurotechnology, quantum computing and synthetic biology are accelerating, often powered by AI that decodes neural data or drives biological simulations. Open-source models and falling costs have democratised access, with actors such as DeepSeek proving foundational AI is no longer exclusive to Big Tech. Yet many breakthroughs outpace our understanding, raising profound ethical issues. The real question is not what AI can do, but whether governments, youth and businesses are ready to guide it. The answer lies in our decisions. Responsible AI demands inclusive governance, strong safeguards and development centred on human and environmental well-being. That's why I am proud to have led Unesco's work in developing and deploying the The drafting process was led by Professor Emma Ruttkamp-Bloem of South Africa, which was among the Insights from this work are now informing the G20 agenda under the South African presidency, which prioritises inclusive outcomes. This is promising, because the G20 remains the leading forum for international economic cooperation. As a former G20 Sherpa, I am convinced of its potential to shape public policy that improves people's well-being and supports Unesco's core pillars: education, culture, science and communication. South Africa's strategic engagement is reflected in its leadership across several Unesco initiatives, including Minister Blade Nzimande's chairmanship of the Amid conflict, climate breakdown and digital disruption, Unesco, with strong support of members such as South Africa, must remain the ethical compass of a renewed multilateral system. My candidacy for director-general is rooted in this conviction, and built on three guiding pillars: impact, inclusion, and innovation.

Al Arabiya
12 hours ago
- Business
- Al Arabiya
Meta seeks $29 billion from private capital firms for AI data centers: Report
Meta Platforms is seeking to raise $29 billion from private capital firms to build artificial intelligence data centers in the US, the Financial Times reported on Friday. The Facebook-parent has advanced discussions with private credit investors including Apollo Global Management, KKR , Brookfield , Carlyle and PIMCO, the report said, citing people familiar with the matter. Meta is looking to raise $3 billion in equity and $26 billion in debt, the report said, adding that the company is debating how to structure the debt raising and may also seek to raise more capital. Such a fundraising comes at a time when Meta has doubled down its commitment to artificial intelligence, including a $14.8 billion investment in startup Scale AI. Meta CEO Mark Zuckerberg had said in January the company would spend as much as $65 billion this year to expand its AI infrastructure, seeking to strengthen its position against competitors OpenAI and Google in the race to lead the AI technology landscape. Meta and Carlyle declined to comment, while Apollo Global, KKR, Brookfield and PIMCO did not immediately respond to Reuters' requests for comment. Meta was working with its advisers at Morgan Stanley to arrange the financing, and it was considering ways that could make the debt more easily tradeable once it was issued, the FT report said. Major tech companies are investing heavily to secure the vast computing power needed to run AI models, fueling demand for specialized data centers that link thousands of chips into high-performance clusters. Microsoft has planned a capital expenditure of $80 billion in fiscal 2025, with most of it aimed at expanding data centers to ease capacity bottlenecks for AI services. Bloomberg News reported in February that Apollo Global Management is in talks to lead a roughly $35 billion financing package for Meta to help develop data centers in the United States.


CNA
a day ago
- Business
- CNA
Meta seeks $29 billion from private capital firms for AI data centers, FT reports
Meta Platforms is seeking to raise $29 billion from private capital firms to build artificial intelligence data centers, the Financial Times reported on Friday.


Geeky Gadgets
a day ago
- Business
- Geeky Gadgets
China's $138 Billion Bet on Embodied AI : The Future of Robots Is Here
What if robots could not only think but also move, adapt, and physically interact with their surroundings just like humans? This is no longer the realm of science fiction—it's the bold frontier of embodied AI, a field where China is emerging as a global powerhouse. With a staggering $138 billion in government funding and a manufacturing ecosystem that leads the world, China is redefining what artificial intelligence can achieve. From humanoid companions to industrial robots navigating hazardous environments, the nation's advancements in physical AI are poised to transform industries and reshape everyday life. But as these intelligent machines blur the line between human and robot capabilities, they also raise profound questions about the future of work, ethics, and global competition. In this perspective, Bloomberg Technology explore how China's strategic investments and technological breakthroughs are pushing the boundaries of embodied AI. You'll discover why this fusion of robotics and advanced algorithms is more than just a technological leap—it's a fantastic force with far-reaching implications for industries, economies, and societies worldwide. From the rise of humanoid agents in consumer homes to the deployment of robots in disaster zones, the possibilities are as exciting as they are disruptive. As we delve into this rapidly evolving field, one question lingers: how will the world adapt to a future where machines are no longer confined to virtual spaces but are fully integrated into the physical world? China's Embodied AI Leadership Understanding Embodied AI Embodied AI represents the convergence of advanced algorithms and robotics, allowing machines to physically interact with their environment. Unlike traditional AI systems that operate in virtual or digital spaces, embodied AI powers robots capable of performing tasks that require physical engagement and adaptability. These robots are already making a tangible impact across various sectors, including: Industrial Automation: Robots are optimizing manufacturing processes, increasing efficiency, and reducing operational costs. Robots are optimizing manufacturing processes, increasing efficiency, and reducing operational costs. Diagnostics and Safety: AI-driven robots are inspecting hazardous environments, minimizing risks for human workers while making sure precision and safety. AI-driven robots are inspecting hazardous environments, minimizing risks for human workers while making sure precision and safety. Consumer Applications: Humanoid robots are assisting with household tasks, providing companionship, and supporting educational activities. This fusion of intelligence and physical capability is driving innovation in both commercial and personal robotics, setting the stage for a new era of technological progress. By allowing robots to interact with the physical world, embodied AI is unlocking possibilities that were previously unattainable with traditional AI systems. China's Competitive Edge in Embodied AI China currently dominates approximately 70% of the global embodied AI market, a testament to its advanced manufacturing capabilities and efficient scaling of production. The country's well-established supply chain infrastructure and expertise in robotics development provide a significant competitive advantage. This dominance is further reinforced by the ability to produce high-quality robotics at competitive costs, making Chinese innovations highly attractive on the global stage. Leading companies such as Unitary exemplify this trend by developing consumer-oriented humanoid robots like the G1 humanoid agent. These robots are designed to assist with personal tasks and enhance human-robot interaction, showcasing China's ability to combine innovative technology with practical applications. The rapid deployment of such innovations highlights the country's strategic focus on maintaining its leadership in the robotics sector. Physical AI China's Next AI Breakthrough Watch this video on YouTube. Unlock more potential in Artificial Intelligence (AI) by reading previous articles we have written. Government Investments Fueling Progress The Chinese government has allocated an impressive $138 billion to advance robotics and AI technologies, with a particular emphasis on humanoid robot development. This substantial investment is driving research, development, and commercialization efforts, making sure that China remains at the forefront of embodied AI innovation. Key government initiatives include: Encouraging collaboration between academic institutions and private enterprises to accelerate technological breakthroughs. Providing financial incentives, such as grants and subsidies, to robotics companies to enhance their market readiness. Supporting state-backed research programs aimed at exploring advanced applications of AI in robotics. These strategic measures are not only fostering technological advancements but also solidifying China's position as a global leader in embodied AI. By prioritizing innovation and commercialization, the government is creating an ecosystem that supports sustained growth and development in the robotics sector. Impact on the Job Market The rise of embodied AI is reshaping the global job market, creating new opportunities while transforming traditional roles. As demand for skilled professionals in fields like algorithm engineering, robotics design, and system integration grows, salaries in these areas are increasing. This trend reflects the expanding need for expertise in developing, maintaining, and deploying advanced robotics systems. While automation may lead to the displacement of some traditional jobs, the robotics sector is expected to generate a net positive impact on employment. Emerging career paths in this field include: AI development and programming, focusing on creating intelligent algorithms for robotics. Robotics maintenance and system integration, making sure the seamless operation of advanced systems. Design and testing of innovative robotic solutions tailored to specific industries or consumer needs. This shift underscores the importance of upskilling and adapting to the evolving technological landscape. By embracing these changes, workers can position themselves to thrive in a future shaped by embodied AI. Applications Across Consumer and Industrial Sectors Embodied AI is demonstrating its versatility and value through applications in both consumer and industrial domains. In the consumer sector, humanoid robots are being developed to assist with everyday tasks, provide companionship, and support educational initiatives. These robots are designed to integrate seamlessly into daily life, enhancing convenience and quality of living. In the industrial sector, robots like Lenovo's Daystar are being deployed for critical tasks such as inspection and diagnostics in challenging environments. These include power plants, disaster zones, and other hazardous locations where human intervention may be risky or inefficient. By addressing complex challenges and improving operational efficiency, embodied AI is proving to be a fantastic force across diverse industries. Global Implications of China's Advancements China's progress in embodied AI is poised to have far-reaching implications for the global robotics market. The country's policies promoting cost-effective production and high-value innovation are allowing Chinese robotics to penetrate international markets at competitive prices. This global integration is expected to: Accelerate the adoption of robotics technologies across industries worldwide. Enhance productivity and operational efficiency in sectors ranging from manufacturing to healthcare. Make advanced robotics solutions more accessible to businesses and consumers globally. As Chinese robotics continue to gain traction internationally, the widespread adoption of embodied AI technologies is likely to shape the future of global industries. By driving innovation and reducing barriers to entry, China is playing a pivotal role in advancing the global robotics ecosystem. Shaping the Future of Robotics China's focus on embodied AI marks a critical juncture in the evolution of robotics. By combining advanced AI technologies with physical robotics, the country is addressing domestic challenges while positioning itself as a global leader. With robust government support, a skilled workforce, and a well-developed supply chain, China is shaping the future of robotics in ways that promise to redefine industries, enhance productivity, and improve lives worldwide. These advancements underscore the fantastic potential of embodied AI, offering a glimpse into a future where intelligent machines seamlessly integrate into human environments. Media Credit: Bloomberg Technology Filed Under: AI, Technology News, Top News Latest Geeky Gadgets Deals Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.
Yahoo
a day ago
- Business
- Yahoo
Got $5,000? These 3 Artificial Intelligence Stocks Are Absurdly Cheap Right Now.
The stocks listed here have all benefited from opportunities related to artificial intelligence. There is still much more room for these businesses to rise in value due to growth in the tech sector. Moreover, these stocks all trade at low earnings multiples and look incredibly cheap now. 10 stocks we like better than Taiwan Semiconductor Manufacturing › If you have $5,000 to invest in the market, one way to make the most of that money is to invest in stocks that have a lot of room for long-term growth, such as those involved in artificial intelligence (AI). Another way you can expand the potential of your investment is to focus on stocks that are also trading at cheap valuations, since they may be undervalued and possess even greater potential to generate significant returns. Three stocks that check off both boxes are Taiwan Semiconductor Manufacturing (NYSE: TSM), Alibaba Group Holding (NYSE: BABA), and Dell Technologies (NYSE: DELL). With their modest valuations and plenty of exposure to AI, these can be excellent stocks to buy with $5,000 today. A big player in the chipmaking world is Taiwan Semiconductor Manufacturing, or TSMC. The company is responsible for making the vast majority of the advanced chips in the world, supplying 90% of them. These include AI chips. And this leadership position makes it a crucial company for AI's present and future growth. Through the first three months of this year, sales totaled $25.5 billion, up 35% year over year. It generates high profit margins of around 40% as low-cost production in Taiwan gives it an advantage over chipmakers in North America. And the expertise it has developed over the years and economies of scale make its operations highly efficient. TSMC is an integral player in the AI world, and it would be hard to replace its production. As AI spreads, the company is likely to experience a significant uptick in demand. The stock currently trades at less than 23 times its future earnings (based on analyst estimates), which is an absurdly cheap valuation given that's roughly about the same multiple of the average S&P 500 stock. But TSMC is not an average stock, and it arguably deserves much more of a premium given its huge growth potential due to AI. Given the possible upside, this can be a great place to invest $5,000. China-based Alibaba Group is another tech company in the same part of the world that can make for a compelling AI investment. It has a broad business in China that encompasses cloud computing, e-commerce, digital media, and entertainment. Revenue for the first three months of 2025 rose by 7% to $32.6 billion. That growth rate may look unimpressive, but certain segments are growing much faster than others. Its cloud computing business, for example, rose by 18%. And its international digital commerce expanded by 22%. The company says AI has accelerated its growth, and for a seventh straight quarter, revenue related to the technology grew by triple digits. It was reported earlier this year that Alibaba had partnered with Apple to help the iPhone maker develop AI features. The stock is even cheaper than TSMC's shares, at a forward price-to-earnings (P/E) multiple of less than 12. Although it's up more than 30% this year, there is still plenty of room for the stock to move even higher. Alibaba has a diverse business, and with AI injecting more growth into its operations, this can be an underrated stock to invest $5,000 into right now. Rounding out this list of underrated AI stocks is Dell Technologies. The company is known for making personal computers, but its business has been experiencing a lot of growth due to high demand for its AI-optimized servers. In its most recent quarter, ended May 2, revenue totaled $23.4 billion, up by a modest 5% year over year. But in its servers and networking business, the increase was much higher at 16% and totaled $6.3 billion. For the current year, the company is projecting AI system sales of about $15 billion. One area to watch is on the consumer side, however. That business experienced an 19% drop in revenue during the quarter but that may present an attractive growth opportunity since AI-powered PCs are in their early innings and may be in hot demand later on. Unfortunately, due to a challenging economy, consumers aren't eager to upgrade to an expensive computer, even if it has cutting-edge technologies. But that could change. Dell can benefit from AI-powered growth in multiple segments of its business, which makes it a compelling place to invest $5,000 and just sit and wait. The stock trades at a forward P/E of less than 13, making this another absurdly cheap growth stock to add to your portfolio for the long haul. Before you buy stock in Taiwan Semiconductor Manufacturing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Taiwan Semiconductor Manufacturing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $687,731!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $945,846!* Now, it's worth noting Stock Advisor's total average return is 818% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 David Jagielski has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Alibaba Group. The Motley Fool has a disclosure policy. Got $5,000? These 3 Artificial Intelligence Stocks Are Absurdly Cheap Right Now. was originally published by The Motley Fool