Deloitte Middle East and KAUST signed an MoU linking Deloitte's AI Institute with the university's research base. The collaboration aims to turn academic AI breakthroughs into commercial applications, offering Gulf businesses access to cutting-edge tools grounded in scientific research.
IMF Managing Director Kristalina Georgieva says AI infrastructure investment is keeping global growth at 3 percent, delivering a positive demand shock. Advanced Asian economies could gain 0.5 percentage points of growth; emerging markets up to 0.8 percent, signaling where supply chains and capital are flowing.
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AlphaProof Nexus solved dozens of math problems, including nine Erdős challenges—two unsolved for 56 years. Results were peer-reviewed and published in Science, contrasting with OpenAI's criticized approach. The milestone shows AI moving from experimental claims to verified scientific contribution.
Trista Sun, former HSBC managing director, launched Equora, an AI-agent wealth platform seeking a billion-dollar valuation. It offers proactive portfolio management as technology adoption accelerates in finance, giving Gulf investors a window into how AI is reshaping wealth advisory beyond traditional banks.
StepFun made its Step 5 Preview model available in Tencent's WorkBuddy office agent, free until October 25. Users gain an additional model choice within a tool handling documents and scheduling. StepFun has not disclosed pricing or access terms beyond that date.
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