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Microsoft bets on AI as the ‘next wave’

  Bloomberg Microsoft Corp is investing heavily in artificial intelligence (AI), but don’t expect the magic of OpenAI’s ChatGPT to show up in its signature Word program quite yet. The software giant announced a $10 billion investment in OpenAI, whose AI tool ChatGPT is trained on troves of data to generate human-like responses to prompts in seconds. Microsoft plans to ...

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Oil buoyed for a third week on optimism over China demand

Bloomberg Oil rose along with many other commodities as optimism over Chinese demand countered concerns over a global economic slowdown. West Texas Intermediate increased as much as 1.5% on Friday, and were heading for a third straight weekly gain. Trafigura group sees “a lot of upside” for oil markets as pent-up demand is unleashed, esp cially as Chinese consumption rebounds. ...

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‘Extreme Weekends’ begins at Sheikh Zayed Festival

  Abu Dhabi / WAM “Extreme Weekends” has started at the Sheikh Zayed Festival in Al Wathba area. Attended by an intense crowd, the annual event is set to become another hit for visitors this year. The first day of the show welcomed motor cross and car drifting sports fans with impressive stunts and routines performed by international motorcyclists and ...

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