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Morgan Stanley Forecasts Space As A Trillion-Dollar Industry By 2040

It’s been nearly half a century since humans left footprints on the moon and during that time human space exploration has largely centered on manned low-Earth orbit missions and unmanned scientific exploration. But now, high levels of private funding, advances in technology, and growing public-sector interest is renewing the call …

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Future Space Wars: Japan To Create Military SSA Unit, Incorporate AI Into Self-Defence Forces

The Japanese government will establish a command centre within the Self-Defence Forces (SDF) to monitor space debris and traffic in Earth orbit as well as to carry out surveillance on foreign satellites as they orbit over Japanese territory. The SDF command centre could be established as early as fiscal year …

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Australia’s CSIRO Boosts Earth Observation And AI Budgets

Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) has announced it is investing AUS$35 million (U.S.$25.5 million) in space technology and Artificial Intelligence development. This investment will be used toward the development of advanced imaging of Earth from satellites, as well as cutting-edge data science to support the growth of …

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Singapore And UK To Jointly Build Quantum Key Distribution Test Satellite

Singapore’s National University of Singapore (NUS) and the United Kingdom’s Science and Technology Facilities Council’s (STFC) RAL Space have signed an agreement that paves the way for the joint building of a Quantum Key Distribution (QKD) test satellite to be launched by late 2021. Early demonstration of new quantum space …

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South Korea To Invest $4.4 Billion In Blockchain and AI Technologies

The South Korean government is spearheading investment in its country’s Artificial Intelligence (AI), Big Data, and Blockchain sectors to the tune of 5 trillion Won (U.S.$4.4 billion) starting in 2019. The investment is expected to spur similar funding from South Korean private industry, and Kim Dong-yeon, the Finance Minister, indicated …

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Japan Study Suggests Corporate AI Investments Will Outstrip Competitors By 20% In Productivity

A Japanese government white paper submitted to the Japanese cabinet on 3 August 2018 claims that Japanese companies that invest in Artificial Intelligence (AI) technologies that develop employee skills, and result in labour-saving innovations, stand to out-compete their non-AI competitors by up to 20 per-cent in terms of productivity. Toshimitsu …

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UAE’s Etisalat Digital And Dubai Future Accelerators Developing AI To Tackle Crime And Congestion

Etisalat Digital, a unit within the UAE’s largest telecommunications provider Etisalat, announced on 30 July 2018 that it is working with Dubai Future Accelerators on using Artificial Intelligence (AI) via video surveillance systems to tackle crime and road congestion in the UAE. The company said that the AI will be …

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Saudi Arabia And Pakistan Explore Possible Cyber And AI Cooperation

Pakistan’s Ambassador to the Kingdom of Saudi Arabia, Khan Hasham Bin Saddique, met with Haitham A. Al-Ohali, the Saudi Arabian vice minister of communications and information technology, at his office in Riyadh on 24 July 2018, according to a report in the Saudi Gazette. The meeting included discussion on the …

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