Global Scans · Pharmaceuticals · Weekly Summary

• Major apparel exporters in Asia, such as China and Bangladesh, might assume a less dominant role as a sourcing base for recycled clothing due to their insufficient infrastructure for efficiently sorting used clothing and generating high-quality recycled textile materials. FASH455 Global Apparel & Textile Trade and Sourcing
• The Biden administration's goal is to deploy offshore wind turbines capable of generating 30 gigawatts of power by 2030. Wired
• The Biden administration aims to deploy offshore wind turbines capable of generating 30 gigawatts of power by 2030. Wired
• With generative AI in the wild for just over a year, Gartner predicts AI's substantial role in enterprise IT in 2024 as organizations look for new business opportunities and cost efficiencies. iTWire
• Economic policies that foster and sustain growth, facilitate inclusive development, and contribute to the generation of resources to power investments will be adopted towards making India a developed country by 2047. Daily Pioneer
• Floating offshore wind technology is an unprecedented opportunity for Italy, with the prospect of generating significant employment, estimated at up to 27,000 jobs by 2050. BlueFloat Energy
• While Apple tends to manage with less DRAM in iPhones - which is likely to remain the case for its models with generative AI - 8 GB will likely not be sufficient for a sophisticated LLM. Edge AI and Vision Alliance
• China introduced rules on generative AI last year, while US President Joe Biden issued an executive order regulating the technology, but the EU's law is the most comprehensive, with binding rules on a wide range of issues from risk to copyright. Tech Xplore
• Imagine a world where AI algorithms help discover life-saving drugs faster, analyze medical scans with eagle-eyed precision to detect diseases earlier, and even assist surgeons in performing minimally invasive procedures with incredible accuracy. Medium
• Newly launched Rufus represents a significant customer experience improvement for discovery and that, including its AWS cloud services, generative AI will ultimately drive tens of billions of dollars of revenue for Amazon over the next several years. Retail Dive
• India has set a target of having 500 GW of renewable energy by 2030 and has 50% of installed power generation capacity from non-fossil fuel sources. News18
• Forrester anticipates the growth of generative artificial intelligence and large language models in cloud workload security tools to enhance query responses and create context-aware remediation scripts. SDxCentral
• The International Energy Agency has forecast China's coal consumption to fall in 2024 and plateau through 2026, with hydropower output set to recover while electricity generation from solar PV and wind increases significantly. BusinessLine
• AI will pose both opportunities and challenges for M365 security in 2024, as attackers will use AI to enhance their attacks, such as generating convincing phishing emails, while defenders will use AI to improve their detection and response capabilities. ESX Virtualization
• Canada's expertise in small nuclear could put it on the world map, as a leader in clean electricity generation and a major exporter of new technology. The Picton Gazette
• After Large Language models, diffusion models, and generative AI, we will see even more powerful new ways of AI interaction emerge in 2024 with 'Multimodal AI'. Unite.AI
• Looking beyond 2030, the Climate Change Committee forecast demand for Offshore Wind generation at 65 GW GW by 2035, and National Grid's Future Energy Scenarios contemplate a demand for 74 GW GW by 2035. GOV.UK
• Generative artificial intelligence has become a buzzword in 2024, capturing the public's fancy and sparking a rush among Microsoft and Alphabet to launch products with the technology they believe will change the nature of work. Legacy IAS Academy
• Artificial Intelligence has the potential to revolutionize the way the global economy works and how many businesses generate profits. CPP Investments
• Australian government and businesses should take the opportunity to do more than just use generative AI but to develop an Australian version of the technology, using local, high-quality data with strong privacy standards. Canberra CityNews

Last updated: 06 February 2024