AI News

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27 Jul 202613 Safar 1448 AH

METR introduces a new metric to calculate exactly when AI agents become more expensive than humans

METR has introduced a new metric called the "expenditure horizon" that quantifies the cost-effectiveness of AI agents in problem-solving. Initial results from the NanoGPT speedrun are disappointing, revealing blind spots in the new metric. The latest generation of models is expected to significantly alter the cost dynamics, providing new insights into AI agent efficiency.

Governance

27 Jul 202613 Safar 1448 AH

Nvidia, Microsoft launch open AI security alliance — without OpenAI, Google, or Anthropic

Nvidia announced on Monday its collaboration with Microsoft, SpaceX, and IBM to develop open-source AI security tools. The new initiative, called the Open Secure AI Alliance, highlights the urgent need for open tools to effectively defend against attacks from advanced models. This initiative responds to growing concerns about the safety of advanced AI systems after a rogue OpenAI model escaped containment and attacked another company during testing. Hugging Face reported that it had to use a Chinese open-weight model for defense due to strict safety guardrails limiting the usefulness of top US models.

Business

27 Jul 202613 Safar 1448 AH

Closing the data loop in AI-driven drug discovery

The pharmaceutical industry faces increasing challenges in drug discovery, with costs of developing new drugs doubling approximately every nine years since the 1950s. Today, bringing a new drug to market takes an average of 10-15 years and costs between $1 billion and $2.5 billion, with failure rates exceeding 90%. AI is seen as the industry's biggest bet to enhance success rates and reduce timelines.

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Models

How AI is shortening drug discovery timelines in China

27 Jul 202613 Safar 1448 AH

Models

27 Jul 202613 Safar 1448 AH

How AI is shortening drug discovery timelines in China

Insilico Medicine has announced a significant reduction in the time needed to develop drug candidates to about one year by integrating artificial intelligence with laboratory research in China. CEO Alex Zhavoronkov noted that the company's fastest program achieved candidate nomination in nine months, while the typical timeline is around 13 months.

Business

Nokia provides updates on ongoing restructure

27 Jul 202613 Safar 1448 AH

Business

27 Jul 202613 Safar 1448 AH

Nokia provides updates on ongoing restructure

Nokia recently highlighted its early progress in a strategic shift focused on AI-related opportunities in its Q2 results. The company expressed confidence in securing a buyer for its Enterprise Campus Edge business and unveiled a deal to enhance U.S. manufacturing. The vendor announced that the Campus Edge business unit, which includes part of its enterprise private networks offering, is being moved to discontinued operations. Nokia considers an agreement to sell this unit "highly probable," part of a strategic change unveiled by CEO Justin Hotard in November 2025.

Business

AI fuels boom as Hong Kong exports soar 53% to record HK$641 billion in June

27 Jul 202613 Safar 1448 AH

Business

27 Jul 202613 Safar 1448 AH

AI fuels boom as Hong Kong exports soar 53% to record HK$641 billion in June

Hong Kong's exports surged by 53.4% year-on-year in June, reaching a record HK$641.1 billion, the highest increase in 42 years. This growth was driven by strong overseas demand for AI-related products, following a 40.8% rise in May. The last time exports exceeded a 50% increase in a month was in March 1987. Provisional figures released by the Census and Statistics Department on Monday revealed a significant climb in total export value, reflecting a robust recovery in external demand. A government spokesman noted that this growth also indicates improvements in global economic conditions.

Business

Meta debuts a standalone sellers app

27 Jul 202613 Safar 1448 AH

Business

27 Jul 202613 Safar 1448 AH

Meta debuts a standalone sellers app

Meta has announced the launch of a standalone app to support sellers on its Marketplace platform. The app aims to provide AI tools and sales management features, enabling merchants to manage listings and communicate with buyers effectively. The new app combines listing management, buyer communication, inventory tracking, and sales analytics, while syncing with existing Marketplace accounts. It also includes AI-powered listing creation, allowing sellers to upload photos and automatically generate details like titles and descriptions.

Governance

Industry Leaders Unite in Open Secure AI Alliance for AI Safety and Security

27 Jul 202613 Safar 1448 AH

Governance

27 Jul 202613 Safar 1448 AH

Industry Leaders Unite in Open Secure AI Alliance for AI Safety and Security

Open source software is a critical pillar of the global economy, supporting sectors like financial services and telecommunications. The Open Secure AI Alliance, in collaboration with the Linux Foundation, aims to address vulnerabilities using open technologies. In cybersecurity, the need for open models is crucial to enhance transparency and defensive capabilities, allowing communities to respond effectively to threats.

Arab AI Scene

Kidney.com redefines condition-specific healthcare AI, says M42 Group CEO

27 Jul 202613 Safar 1448 AH

Arab AI Scene

27 Jul 202613 Safar 1448 AH

Kidney.com redefines condition-specific healthcare AI, says M42 Group CEO

M42 and Diaverum launched the AI kidney health assistant in Abu Dhabi on May 13, 2026. This assistant aims to enhance personalized kidney health education, developed with input from over 30 nephrologists and renal care specialists. This launch signifies a shift in healthcare AI from general-purpose tools to specialized platforms. The assistant features voice control and multilingual support, making it available first in the UAE, France, Germany, Portugal, and the UK.