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India and the UAE on Thursday signed a Memorandum of Understanding on increasing cooperation in the field of industries and advanced technologies. The MoU aims at strengthening and developing industries in both nations through investments, technology transfer and deployment of key technologies in industries, by benefitting from joint funds and mutual efforts. It was signed between Indian Commerce and Industry Minister Piyush Goyal and Minister of Industry and Advanced Technology of UAE Sultan Al Jaber. Goyal is here for the 11th meeting of India-UAE High-Level Task Force on Investments. The MoU also aims to build institutional and corporate capabilities, and skills. According to the MoU, the two countries will cooperate in the development and advancement of industries and technologies in sectors of strategic interest for the growth and diversification of their economies. This can be achieved through industrial and academic collaborations; collaborative research and development ..
French President Emmanuel Macron called on Wednesday for boosting the development of artificial intelligence in Europe while putting in place smart regulations that don't impede tech companies' growth. Macron, who visited Europe's biggest startup and tech event Vivatech, said we're too far behind in terms of innovation and we're regulating too slowly. He said France and the EU are lagging behind UK and the world's biggest players, the US and China. His comments came as lawmakers in Europe signed off on Wednesday on the world's first set of comprehensive rules for artificial intelligence. It could be years before the rules fully take effect. Three-way negotiations involving EU member states, the Parliament and the European Commission, are still to take place. Macron praised EU talks as a good debate but said that by the time rules are released, "we'll have regulated on presuppositions and knowledge that are almost already obsolete." He added he was very cautious about making ...