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Amazon steps up AI race with $4bn Anthropic investment
PARIS: Amazon said on Monday it would invest up to $4 billion in AI firm Anthropic, as the online retail giant steps into an AI race dominated by Microsoft, Google and OpenAI. The success of OpenAI’s ChatGPT, a chatbot released last year that is able to generate poems, essays and other works with just a short prompt, has led to billions being invested in the field.Amazon had already announced it aimed to soup up its Alexa voice assistant with...
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ECB must not do ‘too much’ on rates: French central banker
PARIS: The European Central Bank should maintain its interest rates at their current high levels long enough to control inflation but avoid more hikes that could torpedo the economy, the French central bank chief said Monday. The ECB raised rates for a 10th straight time earlier this month, taking its deposit rate to a record four percent, but analysts believe the bank may now pause its hiking cycle.The ECB, the US Federal Reserve and other...
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Germany’s housing sector slumps into crisis as mortgage costs jump
BERLIN: Valeriy Shevchenko felt like he made the purchase of his lifetime when he beat a queue of prospective buyers to secure a two-bedroom apartment in one of Berlin’s most popular districts. Two years on, the 33-year-old’s housing dreams have come crashing down after the developer of his new home, Project Immobilien, went bankrupt. Hit by a sudden jump in interest rates and raw material costs, twice as many developers have filed for...
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Mubarak Hospital celebrates World Pharmacist Day
KUWAIT: The director of Hawally Medical Zone, Dr. Mona Abdul Samad, stressed that the development of health services and the provision of health care to all the members of the community fall within the goals of social progress and economic development. Abdul Samad said in a press statement on Monday as Mubarak Hospital celebrated World Pharmacist Day.She added that pharmaceutical services play a key role in the prevention and treatment of...
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Abdullah Al-Salem University receives first batch of students
KUWAIT: Abdullah Al-Salem University received the first batch of its new students in various academic programs, numbering 605 students, for the academic year 2023-2024 at the campus in the Khalidiya area.The university said in a press release on Monday that the day marked the first academic day for students at a time when the university has completed all the necessary preparations for the beginning of the academic year, which is considered a...
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Kuwait artists, media syndicate launch first public exhibition
KUWAIT: The Kuwaiti artists and media syndicate launched its first public exhibition on Sunday with the participation of a group of artists and photographers under the patronage of the Minister of Information and Minister of Awqaf and Islamic Affairs Abdul Rahman Al-Mutairi.The representative of the sponsors of the exhibition, assistant secretary general of the arts sector at the National Council for Culture, Arts, and Letters, Assistant Zamil,...
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Giorgio Armani closes Milan Fashion Week with good vibes
Giorgio Armani closed Milan Fashion Week on Sunday with good vibes. Armani’s Spring-Summer 2024 collection mirrored a sky’s shifting colors and light at dusk, an idea conveyed with changing colors on the back wall of the showroom in his historic, central Milan headquarters. The 89-year-old designer employed translucent, diaphanous fabrics alongside silks and satin to create lightness and movement.The palette captured the mood, moving from...
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'One day I said stop’: Models describe pressure to stay thin
Maud Le Fort won’t be seen on the runways of Paris Fashion Week, which kicks off on Monday, having chosen her health over a career on the catwalk. Now in her 30s, Le Fort came to Paris when she was 18 to pursue a career in modeling and was immediately labeled a “commercial model”—i.e. not thin enough for the top-end fashion shows.“I had a 36.6 cm waist, 85C chest so I was ‘curvy’,” she told AFP. “In Paris, I was told that I was...
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Picasso masterpiece begins pre-auction tour in Dubai
A Pablo Picasso masterpiece expected to fetch at least $120 million at auction went on show Monday in Dubai, kicking off a set of rare viewings outside the United States. The 1932 portrait of Marie-Therese Walter, Picasso’s mistress and “golden muse”, is being exhibited for two days before heading to Hong Kong and London, a boon for the United Arab Emirates’ bid to establish itself as a cultural powerhouse.The viewing “marks the first...
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From K-pop to sales girls: AI goes mainstream in South Korea
Her face is a deepfake. Her body belongs to a team of similar-sized actors. But she sings, reads the news, and sells luxury clothes on TV as AI humans go mainstream in South Korea. Meet Zaein, one of South Korea’s most active virtual humans, who was created by Pulse9, an artificial intelligence company that is working to bring corporate dreams of the perfect employee to life. Pulse9 has created digital humans for some of South Korea’s largest...
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‘Break down walls’: Tunisia dance show celebrates diversity
A performer on a wheelchair, another who is blind and a third with Down syndrome share the stage for a pioneering new dance show seeking to push the boundaries in Tunisia. Choreographer Andrew Graham says “the show is not about disability at all” but rather a celebration of diversity and inclusion that also involves migrants and other artists. “The idea is to break down all the walls,” said Graham, 35, whose production “Lines”...
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Hollywood writers, studios reach tentative deal to end strike
Striking writers whose industrial action has paralyzed Hollywood said Sunday they had reached an “exceptional” deal with studios that could see them go back to work. The apparent breakthrough will raise hopes that striking actors can also reach terms with studios to end a months-long impasse that has seen film and TV production largely halted, costing the California economy billions of dollars.“We have reached a tentative agreement on a new...
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KUWAIT: Minister of Public Works Noura Al-Mashaan and a Chinese delegation visit the site of the Mubarak Al-Kabeer Port project on Boubyan Island on Aug 31, 2024. – KUNA
Minister, Chinese delegation visit Mubarak Port
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Guests and dignitaries gather at Marina Hotel to celebrate the 102nd anniversary of Turkey's Victory Day.
Kuwait-Turkey defense partnership bolsters regional peace and security
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Kuwait Times Summer Program students pose for a group photo with Kuwait Times/Kuwait News and Gulf Bank teams. - Photos by Yasser Al-Zayyat
Gulf Bank and Kuwait Times successfully conclude 3rd edition of Summer Program
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US ambassador Karen Sasahara
US media roundtable: Spotlight on US-Kuwait military, economic ties
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TRIPOLI: Libya's Central Bank headquarters in Tripoli. -- AFP
Libya central bank head flees country over ‘threats’