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Global AI Summit Calls for Global Action to Guarantee AI Innovation is for the "Good of Humanity"

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Global AI Summit Calls for Global Action to Guarantee AI Innovation is for the "Good of Humanity"
Business

Business

Global AI Summit Calls for Global Action to Guarantee AI Innovation is for the "Good of Humanity"

2024-09-14 22:16 Last Updated At:22:35

RIYADH, Saudi Arabia, Sept. 14, 2024 /PRNewswire/ -- The Global AI Summit (GAIN) in Riyadh concluded on a high, after the summit welcomed more than 30,000 delegates from across the globe over three days. The live stream of the summit, organized by the Saudi Data and AI Authority (SDAIA), received 3.7m views.

Building on the success of previous editions, GAIN 2024 featured more than 450 speakers from 100 countries, participating in 150 sessions. It also witnessed over 25 launches and announcements, and facilitated the signing of over 80 agreements and Memoranda of Understanding (MoUs).

The summit has grown exponentially since its inception in 2020. Its growing prominence reflects the Kingdom of Saudi Arabia's role in advancing AI capabilities as it positions itself as a global leader in this space.

The key output from the summit was the need for governments and policy makers to take global action to ensure that AI technology evolves for the good of humanity. Central to responsible evolution is an ethical framework and robust governance.

To support the advancement of AI ethics and governance, SDAIA announced the Riyadh Charter of Artificial Intelligence for the Islamic World in collaboration with the Islamic World Educational, Scientific, and Cultural Organization (ICESCO). This promotes ethical AI grounded in Islamic values and principles, as well as sustainable development through international cooperation.

SDAIA has played a pivotal role in forging key collaborations to strengthen local and regional AI solutions, signing MoUs with Microsoft Arabia to develop Arabic language models, IBM for a Center of Excellence in Generative AI technologies, and NVIDIA to scale AI infrastructure across the Kingdom.

The summit also marked several major milestones. Alongside the unveiling of ALLaM, the world's most advanced Arabic Language Model, other diverse initiatives such as the Global AI Community, the THAKAI Platform, and guidelines for addressing deepfake technology.

Furthermore, the launch of the Generative AI Center of Excellence by the Digital Cooperation Organization (DCO), the agreement to open an International Center for AI Research and Ethics (ICAIRE) as a UNESCO Category 2 Center, further underscored the impact of GAIN 2024.

The summit itself provided the platform for companies from all over the world to showcase the latest AI technologies and innovations, including AI generated avatars, AI generated artwork, and even Robotic bar staff serving beverages.

The summit closed with an inspirational speech from the Director of Saudi Arabia's National Information Center, His Excellency Dr. Esam Alwagait, in which he thanked participants:

"Your candid perspectives have not only inspired us with the vision of what lies ahead, but have also grounded us in the realities we must face. Together, we have not only imagined the future of AI, but have also made it real by addressing the challenges and identifying the enablers needed to truly unlock its potential."

He added:

"It has been incredibly inspiring to see the world come together here in Riyadh, united by momentum to make AI work for everyone. The commitment to collaborative action has been evident throughout the summit." 

The success of GAIN 2024 ensures that the Kingdom's AI infrastructure will be significantly strengthened and has cemented Saudi Arabia position at the center of global AI.

Media@GlobalAISummit.org

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Global AI Summit Calls for Global Action to Guarantee AI Innovation is for the "Good of Humanity"

Global AI Summit Calls for Global Action to Guarantee AI Innovation is for the "Good of Humanity"

Global AI Summit Calls for Global Action to Guarantee AI Innovation is for the "Good of Humanity"

Global AI Summit Calls for Global Action to Guarantee AI Innovation is for the "Good of Humanity"

Global AI Summit Calls for Global Action to Guarantee AI Innovation is for the "Good of Humanity"

Global AI Summit Calls for Global Action to Guarantee AI Innovation is for the "Good of Humanity"

Next Article

Reshaping Finance: Huawei's Commitment to 4-Zero and Resilient Infrastructure

2024-10-16 02:12 Last Updated At:02:35

DUBAI, UAE, Oct. 16, 2024 /PRNewswire/ -- On the first day of GITEX GLOBAL 2024, the Huawei Finance Forum was held under the theme of Boost Resilience, Reshaping Smarter Finance Together. This forum explored how to build resilient financial infrastructure for the future, as well as digital transformation and ecosystem development to help financial institutions gain a new competitive edge.

Over the past 15 years, China's finance industry has undergone a significant transformation, largely driven by FinTech giants. As Chinese banks embarked on their digital transformation journey, Huawei developed an FSI solution framework, which focuses on reshaping customers' resilience, agility, and intelligence.

"The value Huawei brings to our customers is not only in our products and solutions, but also in our unique capabilities, such as best practices worldwide, a global ecosystem, and an extensive digital talent system in China. These capabilities are crucial for customers' successful transformation." Shared by Alvin Feng, Director of Global Marketing and Solution Sales, Huawei Digital Finance BU.

Huawei has proposed reshaping resilient financial infrastructure with 4 Zeros: Zero Downtime, Zero Wait, Zero Touch, and Zero Trust. To achieve this, we need to coordinate cloud, network, storage, and computing infrastructure to develop an end-to-end resilient system.

Application modernization is vital for reshaping agility. Huawei has successfully supported many banks in transforming their legacy centralized architecture towards a cloud-native distributed architecture.

In terms of reshaping intelligence. Huawei supports banks in enhancing real-time data operations, a fundamental step for data intelligence. Meanwhile, we actively boost Generative AI adoption in banks through joint innovations in various scenarios.

"Huawei is pioneering the future of intelligent finance, seamlessly blending AI innovation with enduring infrastructure. Their vision for All Intelligence and commitment to building resilient, secure, and efficient financial ecosystems is transforming the industry, creating smarter, more inclusive services for the AI era." Said Dr. Jassim Haji, President of the International Group of Artificial Intelligence, Executive Advisor of HH (His Highness) Nasser Artificial Intelligence Research and Development Center.

"Huawei is continuously collaborating with global and local ecosystem partners to deliver value to customers by developing competitive scenario-based solutions", stated by Roger Wang, Director of Partner Development & Sales, Digital Finance BU, Huawei. We consistently add value to our customers' success through our global best practices, business and architecture innovation, and excellent service and support.

For more details, please visit: https://e.huawei.com/en/industries/finance 

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Reshaping Finance: Huawei's Commitment to 4-Zero and Resilient Infrastructure

Reshaping Finance: Huawei's Commitment to 4-Zero and Resilient Infrastructure

Reshaping Finance: Huawei's Commitment to 4-Zero and Resilient Infrastructure

Reshaping Finance: Huawei's Commitment to 4-Zero and Resilient Infrastructure

Reshaping Finance: Huawei's Commitment to 4-Zero and Resilient Infrastructure

Reshaping Finance: Huawei's Commitment to 4-Zero and Resilient Infrastructure

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