News Snapshot:
While the US may have a monopoly over AI as it stands today, mainly thanks to AI models from OpenAI, Google, Microsoft and Meta, there is a strong possibility that this monopoly may be short-lived. With Saudi Arabia partnering up with Chinese AI studios and tech companies, the US’ grip over AI in general, and generative AI models faces a serious challenge. Saudi Arabia, like most countries in West Asia, is investing heavily in developing an indigenous AI model. In such a situation, China is more than happy to provide its technical expertise. UAE’s new AI is better than ChatGPT...