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2nd Global AI Summit to Kick off in Riyadh on Tuesday

The Second Global AI Summit will kick off in Riyadh on Tuesday.
The Second Global AI Summit will kick off in Riyadh on Tuesday.
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2nd Global AI Summit to Kick off in Riyadh on Tuesday

The Second Global AI Summit will kick off in Riyadh on Tuesday.
The Second Global AI Summit will kick off in Riyadh on Tuesday.

The Second Global AI Summit will kick off in Riyadh on Tuesday under the patronage of Crown Prince Mohammed bin Salman, Deputy Prime Minister and Chairman of Board of Directors of the Saudi Data and AI Authority (SDAIA), reported the Saudi Press Agency.

Organized by SDAIA, the summit, “Artificial Intelligence for the Good of Humanity”, will witness the participation of more than 10,000 AI policymakers and specialists, senior government officials and major IT companies from around the world.

The event will be held between September 13 and 15.

It will tackle all aspects of AI, including the present, challenges and efforts to benefit from AI technologies.

Participants will provide various presentations that shed light on the latest research and innovations in the field, and exchange expertise and explore investment opportunities.

The summit will feature over 100 panel discussions and workshops.

It will highlight the impact of AI on top sectors, such as smart cities, capacity building, healthcare, transportation, energy, culture, environment, and economic mobility, with the aim of finding solutions to challenges and maximizing benefits from AI technologies.

The summit will witness the signing of more than 40 agreements and memorandums of understanding between the public and private sectors from Saudi Arabia and abroad.

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Facebook-Parent Meta Settles with Australia’s Privacy Watchdog over Cambridge Analytica Lawsuit

The logo of Meta Platforms' business group is seen in Brussels, Belgium December 6, 2022. (Reuters)
The logo of Meta Platforms' business group is seen in Brussels, Belgium December 6, 2022. (Reuters)
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Facebook-Parent Meta Settles with Australia’s Privacy Watchdog over Cambridge Analytica Lawsuit

The logo of Meta Platforms' business group is seen in Brussels, Belgium December 6, 2022. (Reuters)
The logo of Meta Platforms' business group is seen in Brussels, Belgium December 6, 2022. (Reuters)

Meta Platforms has agreed to a A$50 million settlement ($31.85 million), Australia's privacy watchdog said on Tuesday, closing long-drawn, expensive legal proceedings for the Facebook parent over the Cambridge Analytica scandal.

The Office of the Australian Information Commissioner had alleged that personal information of some users was being disclosed to Facebook's personality quiz app, This is Your Digital Life, as part of the broader scandal.

The breaches were first reported by the Guardian in early 2018, and Facebook received fines from regulators in the United States and the UK in 2019.

Australia's privacy regulator has been caught up in the legal battle with Meta since 2020. The personal data of 311,127 Australian Facebook users was "exposed to the risk of being disclosed" to consulting firm Cambridge Analytica and used for profiling purposes, according to the 2020 statement.

It convinced the high court in March 2023 to not hear an appeal, which is considered to be a win that allowed the watchdog to continue its prosecution.

In June 2023, the country's federal court ordered Meta and the privacy commissioner to enter mediation.

"Today's settlement represents the largest ever payment dedicated to addressing concerns about the privacy of individuals in Australia," the Australian Information Commissioner Elizabeth Tydd said.

Cambridge Analytica, a British consulting firm, was known to have kept personal data of millions of Facebook users without their permission, before using the data predominantly for political advertising, including assisting Donald Trump and the Brexit campaign in the UK.

A Meta spokesperson told Reuters that the company had settled the lawsuit in Australia on a no admission basis, closing a chapter on allegations regarding past practices of the firm.