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stc Group to Showcase Advanced Defense Solutions at World Defense Show 2024

stc Group is participating as a sponsor at the World Defense Show 2024 in Riyadh
stc Group is participating as a sponsor at the World Defense Show 2024 in Riyadh
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stc Group to Showcase Advanced Defense Solutions at World Defense Show 2024

stc Group is participating as a sponsor at the World Defense Show 2024 in Riyadh
stc Group is participating as a sponsor at the World Defense Show 2024 in Riyadh

stc Group is participating as a sponsor at the World Defense Show 2024, to take place from February 4 to 8 in Riyadh.
Held under the theme “Equipped for Tomorrow”, this second edition of the World Defense Show will showcase the future of defense through innovation and emerging technologies from around the world.
stc Group, along with its subsidiaries, participates in this year’s edition, showcasing its innovative products and solutions tailored for the defense and military sectors. These solutions include state-of-the-art communication systems, secure network infrastructure, satellite connectivity, AI, and advanced cybersecurity measures to ensure mission-critical operations remain resilient and secure.
In order to leverage the collective expertise and resources of key industry partners, and facilitate the development of innovative solutions that enhance security and defense capabilities, stc Group plans to establish strategic collaborations and ink memoranda of understanding. These partnerships will drive advancements in defense technology and enhance security capabilities through cooperation and innovation.
stc Group will participate in the panel session on Defense Innovation Units to explore and promote understanding of the role and impact of DIUs in the defense and military sectors. It will also discuss how DIUs facilitate collaboration and partnerships between the military, private sector, startups, and academia, to accelerate technology adoption.

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OpenAI Enters Google-Dominated Search Market with SearchGPT 

OpenAI logo is seen in this illustration taken May 20, 2024. (Reuters)
OpenAI logo is seen in this illustration taken May 20, 2024. (Reuters)
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OpenAI Enters Google-Dominated Search Market with SearchGPT 

OpenAI logo is seen in this illustration taken May 20, 2024. (Reuters)
OpenAI logo is seen in this illustration taken May 20, 2024. (Reuters)

OpenAI is venturing into a territory long dominated by Google with the selective launch of SearchGPT, an artificial intelligence-powered search engine with real-time access to information from the internet.

The move, announced on Thursday, also places the AI giant in competition with its largest backer Microsoft's Bing search and emerging services such as Perplexity — a search-focused AI chatbot firm backed by Amazon founder Jeff Bezos and semiconductor giant Nvidia.

Shares of Google's parent company Alphabet ended 3% lower on Thursday after OpenAI's announcement.

OpenAI said it has opened sign-ups for the new tool, which is currently in the prototype stage and is being tested with a small group of users and publishers. The company plans to integrate the best features from the search tool into ChatGPT in the future.

"AI-powered search tools from OpenAI and Perplexity re-affirm search as a content engagement model but pressure Google to be better at its own game," Canaccord Genuity analyst Kingsley Crane said.

Google dominates the search engine market with a 91.1% share as of June, according to web analytics firm Statcounter.

SearchGPT will provide summarized search results with source links in response to user queries, OpenAI said in a blog post. Users will also be able to ask follow-up questions and receive contextual responses.

The company will give publishers access to tools for managing how their content appears in SearchGPT results. News Corp and The Atlantic are publishing partners for SearchGPT.

SearchGPT signals a closer collaboration between publishers and OpenAI, following content licensing agreements with major organizations like Associated Press, News Corp and Axel Springer.

"Newer AI-powered search providers could face challenges of their own, with Perplexity already facing pending legal action from publishers like Wired and Forbes, and Condé Nast," said Crane.

Major search engines have been trying to integrate AI into search since ChatGPT first launched in November 2022. Microsoft, through its early investment, adopted OpenAI technology for its Bing search engine, while Google rolled out AI-powered summaries for the wider public at its developer conference in May.

Google did not respond to a Reuters query on the potential impact of SearchGPT on its business.

Reuters had earlier reported on OpenAI's plans around AI search in May.