Germany Archives - globaltimes.pk

Gas supply much better than in 2022: German regulator

Business6 months ago

Gas supply much better than in 2022: German regulator

Nine students from Pakistan nominated to attend 73rd Nobel Laureate's meeting in Germany

pakistan6 months ago

Nine students from Pakistan nominated to attend 73rd Nobel Laureate’s meeting in Germany

Selected candidates will interact with 30 to 40 Nobel Laureates

BP commits to Germany with $11bn low-carbon investment push

Business7 months ago

BP commits to Germany with $11bn low-carbon investment push

BP (BP.L) plans to invest up to 10 billion euros ($10.7 billion) in low-carbon fuels, renewables and EV charging in Germany by the end of the...

Scholz announces 'Germany pact' to cut bureaucracy, digitalise economy

World8 months ago

Scholz announces ‘Germany pact’ to cut bureaucracy, digitalise economy

German Chancellor Olaf Scholz on Wednesday called on the ruling coalition, democratic opposition and local authorities to pull together to overcome the “mildew of red tape,...

German economy stagnates in Q2 after winter recession

Business8 months ago

German economy stagnates in Q2 after winter recession

Germany’s economy stagnated in the second quarter from the previous three months, showing no sign of recovery from a winter recession and cementing its position as...

Germany's property sector is in the dumps. Should we care?

Business9 months ago

Germany’s property sector is in the dumps. Should we care?

Germany has long benefited from an era of cheap money that fuelled a decade-long boom in real estate, but now the sector is grappling with a...

German defence minister wants Polish tank hub talks done

World10 months ago

German defence minister wants Polish tank hub talks done

n agreement on extending the deployment of three German air defence units to Poland is being held up by fraught separate negotiations on the establishment of...

German recession will be sharper than expected: Ifo Institute

Business10 months ago

German recession will be sharper than expected: Ifo Institute

The German economy will contract more than previously expected this year as sticky inflation takes its toll on private consumption, the Ifo Institute said on Wednesday...

The group of Seven advanced nations should adopt "risk-based" regulation on artificial intelligence, their digital ministers agreed on Sunday, as European lawmakers hurry to introduce an AI Act to enforce rules on emerging tools such as ChatGPT. But such regulation should also "preserve an open and enabling environment" for the development of AI technologies and be based on democratic values, G7 ministers said in a joint statement issued at the end of a two-day meeting in Japan. While the ministers recognised that "policy instruments to achieve the common vision and goal of trustworthy AI may vary across G7 members", the agreement sets a landmark for how major countries govern AI amid privacy concerns and security risks. "The conclusions of this G7 meeting show that we are not alone in this," European Commission Executive Vice President Margrethe Vestager told Reuters ahead of the agreement. Governments have especially paid attention to the popularity of generative AI tools such as ChatGPT, a chatbot developed by Microsoft Corp-backed (MSFT.O) OpenAI that has become the fastest-growing app in history since its November launch. "We plan to convene future G7 discussions on generative AI which could include topics such as governance, how to safeguard intellectual property rights including copyright, promote transparency, address disinformation" including information manipulation by foreign forces, the ministerial statement said. Italy, a G7 member, took ChatGPT offline last month to investigate its potential breach of personal data rules. While Italy lifted the ban on Friday, the move has inspired fellow European privacy regulators to launch probes. EU lawmakers on Thursday reached a preliminary agreement on a new draft of its upcoming AI Act, including copyright protection measures for generative AI, following a call for world leaders to convene a summit to control such technology. Vestager, EU's tech regulation chief, said the bloc "will have the political agreement this year" on the AI legislation, such as labeling obligations for AI-generated images or music, to address copyright and educational risks. Japan, this year's chair of G7, meanwhile, has taken an accommodative approach to AI developers, pledging support for public and industrial adoption of AI. Japan hoped to get the G7 "to agree on agile or flexible governance, rather than preemptive, catch-all regulation" over AI technology, industry minister Yasutoshi Nishimura said on Friday ahead of the ministerial talks. "Pausing (AI development) is not the right response - innovation should keep developing but within certain guardrails that democracies have to set," Jean-Noel Barrot, French Minister for Digital Transition, told Reuters, adding France will provide some exceptions to small AI developers under the upcoming EU regulation. Besides intellectual property concerns, G7 countries recognised security risks. "Generative AI...produces fake news and disruptive solutions to the society if the data it's based on is fake," Japanese digital minister Taro Kono told a press conference after the agreement. The top tech officials from G7 - Britain, Canada, the EU, France, Germany, Italy, Japan and the United States - met in Takasaki, a city about 100 km (60 miles) northwest of Tokyo, following energy and foreign ministers' meetings this month. Japan will host the G7 Summit in Hiroshima in late May, where Prime Minister Fumio Kishida will discuss AI rules with world leaders.

Tech12 months ago

G7 should adopt ‘risk-based’ AI regulation, ministers say

The group of Seven advanced nations should adopt "risk-based" regulation on artificial intelligence, their digital ministers agreed on Sunday, as European lawmakers hurry to introduce an...

Microsoft wants to cut up to 120 jobs in Germany - WiWo

Tech1 year ago

Microsoft wants to cut up to 120 jobs in Germany – WiWo

Microsoft wants to cut up to 120 jobs in Germany, business news outlet WirtschaftsWoche reported on Thursday, citing sources, as part of the tech company’s global...