Embracing the incredible power of AI for unprecedented innovation and excellence

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Embracing the incredible power of AI for unprecedented innovation and excellence  Experts examine the transformative impact of artificial intelligence across various sectors, focusing on innovation, adoption challenges and key initiatives that are shaping the future of technology and society.  In partnership with Media City  READ MORE : http://www.euronews.com/2025/06/18/embracing-the-incredible-power-of-ai-for-unprecedented-innovation-and-excellence  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

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00:00Artificial intelligence, a term first coined in 1955, has reshaped almost every industry.

00:07How are businesses keeping up with AI advancements?

00:10We're diving into the multifaceted world of machine learning and its applications.

00:18Welcome to The Exchange from our studio here in Doha.

00:22Coming up on this episode, I speak to Tanuja Ranjuri from Amazon Web Services

00:26for a pulse check on how fast AI is being adopted in Europe.

00:31And we hear from Greg Fallon, CEO of Geminis AI,

00:34on how generative AI can solve complex challenges in large-scale industries.

00:41In health, education and the environment,

00:44artificial intelligence is solving real-world problems faster and more accurately than humans.

00:49By 2030, AI will turbocharge the global economy,

00:53contributing a remarkable $15.7 trillion.

00:57With 45% of economic gains stemming from AI-driven product enhancements,

01:03we're set to witness an explosion of variety, personalization and affordability,

01:09all tailored to meet consumer demand like never before.

01:13And with AI powering 40% of corporate decisions,

01:17the ethical development and regulation of this technology is critical.

01:20With machine learning and generative AI in the mix,

01:24experts anticipate that one day, AI may be able to think, reason and possess cognitive capabilities

01:31that could surpass human beings.

01:34And that's why UNESCO also advises developing and using AI to improve human well-being,

01:41protect our fundamental freedoms and sustain our planet.

01:44While businesses recognise the enormous economic potential of AI,

01:49they still face challenges in adopting and adapting to this transformative technology.

01:55I spoke with Tanuja Rannery, the Managing Director for Europe, Middle East and Africa at Amazon Web Services.

02:01She shared how the firm is overcoming those hurdles through investments.

02:08We have been investing in Europe for some time in cloud and AI infrastructure

02:15so that our customers can use our technology.

02:19We have very recently announced, you know,

02:22an investment of almost 16 billion euros into Germany,

02:26almost the same again in Spain.

02:28We've announced 8 billion euros of investment, further investment into the UK market as well,

02:34France, Italy.

02:35So it is that combination of both infrastructure,

02:38providing the choice of solutions,

02:42and then making sure that the cloud infrastructure is available to them

02:46on which they can actually build their businesses.

02:50Here in Qatar, the government is committed to investing in artificial intelligence,

02:55recently announcing 2.5 billion dollars in incentives for businesses.

03:00With AI expected to add 11 billion dollars to the country's economy by 2030,

03:06our reporter Mohamed El-Lashi highlights how global tech giants

03:10are fostering the country's tech-driven future.

03:14That's right, Laila.

03:16Qatar is making strides when it comes to the latest technologies.

03:19And you know Mohamed, the country is harnessing the power of AI to diversify its economic growth.

03:26And at the heart of this vision is a strategic partnership with Microsoft.

03:30The computing powerhouse is collaborating on state-of-the-art AI solutions

03:34to drive creativity, productivity, and prosperity.

03:38Microsoft's mission is to empower every person and every organization to achieve more.

03:43And this is 100% and fully aligned with Qatar vision towards a sustainable, diverse economic growth

03:50and sustainable living and high-class living for its people.

03:54Bringing Azure Open AI to Qatar is a major, major milestone in towards the AI economy.

04:02We're making sure every organization utilize AI,

04:06every person is utilizing co-pilot to improve productivity,

04:10skilling, re-skilling people for the future of AI is very critical for any country.

04:16Qatar's AI roadmap aims to capitalize on public and private partnerships

04:20to advance health care, energy, and finance

04:24with places like Qatar Science and Technology Park

04:27serving as a base for international technology companies.

04:31AI, of course, is like a key element of what we do here.

04:34And we support that by supporting young and aspiring startups

04:38and trying to position Qatar as a hub of technology and innovation.

04:42We start by working with younger generation

04:45to put this mindset of utilizing different technologies,

04:49AI to solve problems that they encounter in a day-to-day basis.

04:54Qatar is committed to innovation and connectivity

04:57as evidenced by entities like Microsoft and QSTP having a base here.

05:02It's not just tech giants.

05:07Many startups are building their businesses around AI.

05:11In fact, an FDI intelligence report found

05:14that half of last year's global venture capitalist funding

05:17went to AI-focused firms.

05:20One such company is Gemini's AI,

05:22which provides complex, high-precision AI solutions

05:25for large-scale industries.

05:27I spoke with CEO Greg Fallon,

05:30who shared insights on AI's impact

05:33in high-risk and intricate environments.

05:37Precision is important, right?

05:39Imagine that you're making a decision

05:41about how to operate a multi-billion dollar oil refinery.

05:45If you get it wrong, you could harm the refinery

05:47or worse, you could hurt people.

05:48We're showing industrial companies

05:50that they can increase production 5%, 10%.

05:53They can reduce their costs 40%.

05:54And so those are massive changes that AI has unlocked.

05:59I think the potential impact on humanity is massive.

06:02I would say there's an inherent conflict of interest

06:05between governments and those regulations.

06:07Ultimately, until we see governments globally

06:10kind of come together on a common set of regulations,

06:13I think that we will be in an era

06:16where AI may be unequally deployed

06:18and deployed in ways that could be nefarious.

06:20Now it's time for our regular feature,

06:24Business in 60 Seconds.

06:26Start the clock.

06:27Barnes & Noble is gearing up

06:29to announce its Q4 2025 financial results

06:32as it continues its remarkable turnaround.

06:35It plans to open at least 60 new stores this year.

06:39The largest bookseller in the US

06:40is focused on creating an engaging in-store experience,

06:44capitalizing on the rise of book content

06:47due to the book talk phenomenon.

06:48Oracle is gearing up to announce

06:51its full-year 2025 earnings release.

06:54The tech giant recently committed $5 billion

06:56to expand its cloud and AI footprints in the UK.

07:01The investment follows a similar $8 billion move

07:04in Japan last year to meet surging global demand.

07:08And Chinese automaker Geely

07:09is set to release its Q1 2025 financial results

07:12as it positions itself at the forefront

07:15of the autonomous driving market.

07:17With the launch of its advanced G-Pilot driver assistance system,

07:21the company aims to enhance its competitive edge

07:24against rivals like Tesla and BYD.

07:28So, artificial intelligence is a reality

07:31we all must get used to in a safe way,

07:34whether it's through regulations, education, or awareness.

07:38The key is to make AI work with us

07:41in a complementary way

07:42without over-relying on the technology.

07:46Well, that's all the time we have for

07:47on this edition of the show.

07:49Thanks for watching.

07:50Please do check out euronews.com

07:52for all your latest business news

07:53and join us again next time on The Exchange.

07:56Euronews

08:01.

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