Global Scans · Genetics · Weekly Summary

• [New] The UAE nuclear power program will reduce its oil dependence and the impact of climate change and fits within the UAE's 2050 net zero ambition to dramatically enhance clean energy generation. New Lines Institute
• [New] Greater contribution from direct taxes beyond the hydropower sector, coupled with a more effective tax administration system, could bolster Bhutan's ability to generate increased revenues essential for its development. World Bank
• [New] Utility-scale solar installations are now cheaper than all other forms of power generation in many parts of the world and will continue to replace older, dirtier power plants that run on coal and natural gas. solar.com
• [New] Expanded partnership with Microsoft that will leverage Microsoft Copilot and Cognizant's advisory and digital transformation services to help employees and enterprise customers operationalize generative AI and realize strategic business transformation. News | Cognizant Technology Solutions
• [New] Offshore wind has the potential to generate more than 420,000 TWh per year worldwide, equivalent to 14 times today's global electricity generation. PR Newswire
• [New] The EU will implement its AI Act, Biden recently issued an Executive Order to create A.I. safeguards, and China has published rules for generative AI. SpringerLink
• [New] The state of AI 2024, 95% of technology leaders are concerned that using generative AI to create code could result in data leakage and improper or illegal use of intellectual property. Dynatrace news
• [New] FDA has adopted intentional genomic alteration or IGA in animals as the term it will use to refer to intentional genomic alterations in animals regardless of whether they are developed with genetic engineering, including genome editing, or some other modern molecular technology. Federal Register
• [New] When compared globally, in the United States is expected to generate the highest revenue in 2024, with an estimated amount of US$42.98bn. Statista
• [New] Data center systems spending, which declined by 6.4% in 2023, is forecasted to rebound with 5.1% growth in 2024, driven by investments in Secure Access Service Edge (SASE) technologies and generative AI. Splunk
• [New] Asian nations are seizing the chance offered by online outsourcing and remote gig work to generate millions of job opportunities for their people. The Star
• [New] One Northern California startup called Profluent is expected to present its new paper at a gene-editing conference next month, which describes its work using AI to analyze biological data and create new gene-editing systems. GZERO Media
• [New] A primary benefit is efficiency, as generative AI can automate many tasks; Accenture research shows that generative AI could automate or augment up to 58% of supply chain processes. Inbound Logistics
• [New] Gartner predicts increased funding for data literacy and AI literacy programmes by 2027, driven by enterprises' struggles to realise the expected value from generative AI. CNBCTV18
• [New] Ginkgo Biosecurity is building and deploying the next-generation infrastructure and technologies that global leaders need to predict, detect, and respond to a wide variety of biological threats. Yahoo Finance
• [New] Artificial Intelligence stands as a current siren lure, with projections suggesting generative AI could create $13 trillion in economic value with a clear call to businesses: Evolve with AI or risk falling behind. WTW
• [New] DHS is giving its workforce the opportunity to experiment with AI tools, including generative AI tools like ChatGPT. Federal News Network
• [New] The ANC will lose its parliamentary majority for the first time as a new generation of South Africans make their voices heard. Los Angeles Times
• Generative AI holds immense potential to revolutionise education systems in the Global South, offering opportunities to bridge educational gaps, support teachers, and provide personalised learning experiences. South African Generative AI Specialist
• The urge to improve efficiency and invest in cutting-edge technologies such as generative AI could provide the global economy with both a cyclical and structural tailwind. MIT OpenCourseWare
• In the coming years, the world will witness a significant rise in the usage of generative AI in banks and finance firms. Quytech

Last updated: 05 May 2024