A Quantum Leap in Artificial Intelligence: Revolutionary Models and Major Investments Shaping the Future.

OpenAI recently announced the upcoming launch of a new AI model, codenamed "Orion," set to release by December. This model is expected to be up to 100 times more powerful than the current GPT-4 model, with preliminary access granted to select partner companies before its public release.

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Meanwhile, Google has expanded its "AI Summaries" feature in its search engine to over 100 countries worldwide. This feature relies on the Gemini model to generate summaries of various topics, making information retrieval quicker and more accurate.

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Additionally, Doha is preparing to host the first Global Artificial Intelligence Summit for the Middle East and North Africa on December 10-11. The summit is expected to attract over 2,000 participants, where Qatar will launch its new national AI strategy for 2024, focusing on placing humanity at the core of AI developments.

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In the investment sphere, Meta (formerly Facebook) has allocated at least $38 billion for long-term investments in AI and virtual worlds this year, aiming to enhance its technological capabilities and offer innovative experiences for users.

Regionally, Wa'ed Ventures, a fund associated with Saudi Aramco, has announced a $100 million initiative to invest in global AI startups, aiming to localize these technologies and foster innovation within the Kingdom.

These developments reflect the continuous progress and growing global interest in artificial intelligence technologies and their crucial role in shaping the future of technology and the economy.