While many of its clauses are still to be updated in light of the changing situation, the European Union’s Artificial Intelligence Act as the first comprehensive regulation on AI sets a precedent for efforts to put the flourishing technology under control. By classifying AI models into four categories, namely those with unacceptable risk, high risk, limited risk and minimal risk, the EU AI Act has set standards for the AI models in the market and respective guidelines in principle for them to follow. The legislation offers food for thought for the other countries, regions or organizations of the world in…
Author: News Agencies
Africa is expecting deepened exchanges and cooperation with China as the latter advances toward modernization, a progress that will continue to benefit not only Africa but also the entire world, said African experts and entrepreneurs following a key meeting recently held in China. Hope Papo, deputy spokesman of South Africa’s African National Congress party, congratulated the Communist Party of China on the successful third plenary session of the 20th CPC Central Committee. He said the outcomes of this session indicate a strengthening of China-South Africa cooperation across various sectors, including infrastructure development, technological advancement and economic growth. “The plenum’s decisions…
Uasin Gishu County Administration has launched the Eldoret City Micro Small and Medium Enterprises (MSMEs) Expo 2024, themed “MSEs: Pioneers of a Green, Technologically Competitive Future,” as it anticipates the awarding of the City Charter by President William Ruto this week. In his speech during the launch of the event at the County Headquarters, Eldoret Town, Uasin Gishu Governor, Dr. Jonathan Chelilim, cited the occasion as a testament to the vibrant spirit and innovative drive of the Micro, Small, and Medium Enterprises (MSMEs) and their commitment to making Eldoret a shining example of economic growth and innovation by showcasing what…
Africa is the most energy-intensive region in the world, in terms of power used to produce one unit of economic output, as per the 2024 World Development Indicators by World Bank. By Jeremy Stevens The China-Africa Dar es Salaam Consensus specifically speaks of aligning international initiatives and national plans to strengthen high-quality and sustainable development of China-Africa ties, including, and prioritizing, the development of renewable energy in Africa. Climate change figures as one of the important thematic areas that represent a new frontier of global governance underscored in the consensus, presenting China with the occasion to display its willingness and…
England’s fans, who had been bored into silence in their previous three games, were shocked by what they were seeing and responded to win the singing war despite being massively outnumbered by the massed ranks of orange shirts. By Mitch Phyllips Substitute Ollie Watkins scored a stoppage-time winner to send England deservedly through to their second successive European Championship final on Wednesday as they finally turned on the style to beat Netherlands 2-1 on a memorable night in Dortmund. With the match looking set for extra time, Watkins received a pass from fellow sub Cole Palmer and fired a sweet…
Even without the mask, Kylian Mbappe was outclassed by a 16-year-old wonderkid. Against Spain in the semifinals on Tuesday, Mbappe ditched the vision-restricting facial covering that he had been wearing since breaking his nose in France’s opening match, only to watch Les Bleus fall to a 2-1 loss, as Lamine Yamal became the youngest goal scorer in the history of the European Championship. Yamal is heading to the Euro 2024 final on Sunday — the day after his 17th birthday — while Mbappe will be on holiday, before joining new team Real Madrid. “I had the aim of being European…
Hosts Germany take on Spain in the first of two blockbuster quarter-final ties at Euro 2024 on Friday, July 5, with Kylian Mbappe’s France up against Cristiano Ronaldo’s Portugal in the late match. Germany and Spain will clash in Stuttgart at 19:00pm East African Time with the host nation putting their hopes on the line against probably the best-performing side at the tournament thus far. Spain, with the thrilling duo of Lamine Yamal and Nico Williams on the wings, have reached the quarter-finals with four wins in as many games, nine goals scored and just one conceded. Germany, meanwhile, have…
While China is set to enhance global AI cooperation, it is important to put more efforts on chips and algorithms By Ouyang Shijia, Yang Cheng in Tianjin and Wang Qingyun China is ready to work with other countries to promote the healthy development of artificial intelligence (AI), facilitate global growth and help improve the well-being of people from all countries, President Xi Jinping said on Thursday, June 20. Xi made the remarks in a congratulatory message sent to the World Intelligence Expo 2024, which opened on the same day in Tianjin under the theme of “Intelligence: Extensive Development Space, Sustainable…
Germany has experienced an increase in corporate bankruptcies as 5,209 companies filed for insolvency in the first quarter, according to the Federal Statistical Office, Destatis. The first three months of this year, China Daily reports, saw a 26.5-per cent increase in bankruptcies compared to the same period last year and an 11.2-per cent increase compared to 2020 before pandemic-related closures. Experts told the German press agency dpa they believe the number of corporate insolvencies in Germany would likely rise to approximately 20,000 cases this year, following a consistent long-term trend. In May 2024, there was a 25.9-percent increase in regular…
China’s economy is witnessing an upward trajectory, driven by the momentum in its manufacturing sector and the increasing potential of the consumer market, People’s Daily said on Wednesday, June 5. Data from the National Bureau of Statistics showed that major industrial enterprises have generated 2.09 trillion yuan ($288.44 billion) in total profits in the first four months of this year, a 4.3 percent year-on-year increase, while retail sales of consumer goods rose by 2.3 percent to 3.57 trillion yuan in April. Analysts said that China’s growth gains new momentum and advantages as industrial production has exceeded expectations, and demand for…