Dubai Telegraph - Tech chiefs address India AI summit as Gates cancels

EUR -
AED 4.184217
AFN 71.778596
ALL 94.26058
AMD 418.558169
ANG 2.039871
AOA 1044.771654
ARS 1684.037898
AUD 1.652409
AWG 2.052229
AZN 1.941395
BAM 1.955605
BBD 2.29677
BDT 140.265982
BGN 1.926481
BHD 0.429957
BIF 3386.861518
BMD 1.139336
BND 1.475553
BOB 7.880212
BRL 5.89839
BSD 1.140386
BTN 107.036303
BWP 15.497451
BYN 3.307369
BYR 22330.988246
BZD 2.293471
CAD 1.616661
CDF 2583.449152
CHF 0.922605
CLF 0.026705
CLP 1051.03496
CNY 7.745378
CNH 7.752824
COP 3917.408495
CRC 517.748256
CUC 1.139336
CUP 30.192408
CVE 110.253981
CZK 24.27816
DJF 203.069705
DKK 7.480658
DOP 67.003304
DZD 152.015808
EGP 56.43136
ERN 17.090042
ETB 183.850126
FJD 2.581854
FKP 0.861788
GBP 0.863297
GEL 3.01359
GGP 0.861788
GHS 12.857715
GIP 0.861788
GMD 83.171943
GNF 9992.001402
GTQ 8.700131
GYD 238.656149
HKD 8.935301
HNL 30.511951
HRK 7.539903
HTG 149.045104
HUF 354.163079
IDR 20349.226973
ILS 3.420345
IMP 0.861788
INR 107.508332
IQD 1493.850705
IRR 1566872.020062
ISK 144.115067
JEP 0.861788
JMD 179.602051
JOD 0.807834
JPY 184.293362
KES 147.565252
KGS 99.635383
KHR 4577.542521
KMF 494.472282
KPW 1025.40292
KRW 1749.029518
KWD 0.35275
KYD 0.950305
KZT 553.304703
LAK 25030.498458
LBP 102119.294221
LKR 383.321691
LRD 207.719241
LSL 18.745127
LTL 3.364164
LVL 0.689173
LYD 7.320268
MAD 10.693231
MDL 20.218979
MGA 4823.517939
MKD 61.628841
MMK 2391.906346
MNT 4077.580531
MOP 9.211779
MRU 45.511452
MUR 53.834064
MVR 17.603174
MWK 1977.402379
MXN 19.943172
MYR 4.65765
MZN 72.807828
NAD 18.745127
NGN 1567.875065
NIO 41.965806
NOK 11.31707
NPR 171.257885
NZD 2.016346
OMR 0.438256
PAB 1.140386
PEN 3.888611
PGK 5.0045
PHP 69.855021
PKR 317.362483
PLN 4.291823
PYG 6960.304389
QAR 4.156785
RON 5.244483
RSD 117.36827
RUB 88.591146
RWF 1670.033097
SAR 4.282472
SBD 9.173881
SCR 16.016599
SDG 683.602068
SEK 11.094411
SGD 1.474533
SHP 0.850629
SLE 28.259714
SLL 23891.313258
SOS 651.734866
SRD 42.70578
STD 23581.957684
STN 24.497552
SVC 9.978003
SYP 125.933213
SZL 18.734128
THB 38.028805
TJS 10.554045
TMT 3.987676
TND 3.379962
TOP 2.743248
TRY 53.039861
TTD 7.750225
TWD 36.299026
TZS 2999.100271
UAH 51.186584
UGX 4185.581694
USD 1.139336
UYU 45.775425
UZS 13697.631062
VES 707.246307
VND 29964.540351
VUV 136.297015
WST 3.167398
XAF 655.89145
XAG 0.019435
XAU 0.00028
XCD 3.079113
XCG 2.055195
XDR 0.815718
XOF 655.89145
XPF 119.331742
YER 271.874128
ZAR 19.354809
ZMK 10255.396502
ZMW 20.541947
ZWL 366.865771
  • CMSC

    -0.1160

    21.93

    -0.53%

  • CMSD

    -0.1600

    21.77

    -0.73%

  • RIO

    -1.3700

    93.74

    -1.46%

  • RBGPF

    3.7000

    65

    +5.69%

  • NGG

    -0.4100

    83.01

    -0.49%

  • BCE

    -0.2800

    22.92

    -1.22%

  • AZN

    2.7300

    188.41

    +1.45%

  • BTI

    0.2800

    62.76

    +0.45%

  • BP

    -0.5900

    37.13

    -1.59%

  • JRI

    0.2100

    12.79

    +1.64%

  • VOD

    0.0300

    13.89

    +0.22%

  • BCC

    1.2600

    81.02

    +1.56%

  • RELX

    0.4200

    31.34

    +1.34%

  • RYCEF

    0.3900

    18.39

    +2.12%

  • GSK

    0.6100

    52.5

    +1.16%

Tech chiefs address India AI summit as Gates cancels
Tech chiefs address India AI summit as Gates cancels / Photo: Arun SANKAR - AFP

Tech chiefs address India AI summit as Gates cancels

Indian leader Narendra Modi and tech chiefs including OpenAI's Sam Altman will speak Thursday on artificial intelligence's opportunities and threats at a summit in New Delhi, but Microsoft founder Bill Gates cancelled just hours before his speech.

Text size:

Gates, facing questions over his ties to late sex offender Jeffrey Epstein, withdrew just hours before his speech to "ensure the focus remains on the AI Summit's key priorities", the Gates Foundation said.

The AI Impact Summit is the fourth annual international gathering focused on the rapidly advancing field, following previous summits in Paris, Seoul and Britain's wartime code-breaking hub Bletchley.

Frenzied demand for generative AI has turbocharged profits for many companies, while fuelling anxiety about the risks to society and the planet.

Modi will speak on stage with French President Emmanuel Macron Thursday at the huge event that has drawn tens of thousands of attendees including dozens of world leaders and ministers.

Google DeepMind head Demis Hassabis, UN Secretary General Antonio Guterres and Meta's Alexandr Wang also on the bill.

Another Gates Foundation official will take the place of Gates, who said this month he regrets "every minute" he spent with Epstein.

The mere mention of someone's name in the Epstein files does not in itself imply any wrongdoing by that person.

- New investments -

As the first global AI meeting held in a developing country, the five-day summit, which wraps up Friday, has also been a chance for India to boost its position in the booming sector.

The nation expects more than $200 billion in investments over the next two years, and US tech titans have unveiled new deals, investments and infrastructure for the South Asian country this week.

On Thursday, ChatGPT maker OpenAI and Indian IT giant Tata Consultancy Services (TCS) announced a plan to build hyperscale AI data centre capacity in the South Asian country.

The previous day Google said it planned to build subsea cables as part of an existing $15 billion AI infrastructure investment.

"Since my childhood growing up in Chennai, India has undergone an incredible transformation," Google CEO Sundar Pichai said.

"India is going to have an extraordinary trajectory with AI and we want to be a partner," he added.

US chip behemoth Nvidia -- the world's most valuable company -- also said it was teaming up with Indian cloud computing providers to provide advanced processors for data centres that can train and run AI systems.

AI data centres are under construction worldwide on a massive scale, as companies race to develop super-intelligent systems.

The huge amounts of electricity needed to power them and water to cool hot servers has sparked alarm at a time when countries have pledged to decarbonise their grids to try and slow climate change.

- Gridlock -

Last year India leapt to third place in an annual global ranking of AI competitiveness calculated by Stanford researchers, although experts say it has a long way to go before it can rival the United States and China.

Brazil's President Luiz Inacio Lula da Silva is in town to attend the AI summit and hold talks with Modi, including on rare earths.

Leaders are expected to deliver a statement at the end of the week about how they plan to handle AI technology.

One fear is disruption to the job market, especially in India where millions of people are employed in call centres and tech support services.

"We are creating human imitators. And so of course, the natural application for that type of system is replacing humans," leading computer science researcher Stuart Russell told AFP.

Some say the broad focus of the event and vague promises made at previous global AI summits mean that concrete commitments are unlikely.

Many researchers and AI safety campaigners believe stronger action is needed to combat issues ranging from sexualised deepfakes to AI-enabled online scams and intrusive surveillance.

Siddharth Soni, the 23-year-old founder of an Indian AI-designed jewellery startup, said he could see both sides.

"We're losing artisans. We're losing the value of art, using AI, actually. That is one of the sad parts," he told AFP.

F.Chaudhary--DT