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Saudi Arabia’s landmark Global AI Summit to address harnessing AI for the good of humanity

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RIYADH, Saudi Arabia, Sept. 8, 2024 /PRNewswire/ — Ahead of the Global AI Summit (GAIN) this week, H.E. Dr. Abdullah bin Sharaf Alghamdi, Chairman of the Saudi Data and AI Authority (SDAIA), gave a preview of Saudi Arabia’s landmark AI event, which will address the Now, Next and Never for this rapidly evolving technology.

In a press conference at the King Abdulaziz International Conference Center, H.E. revealed that the third edition of the summit will tackle pressing challenges in AI development, ensuring that its potential is fully realized for the benefit of all. GAIN will address issues such as human capacities, technical infrastructure, ethics, bias and fairness, national security, information security, and the economic and social impacts of AI.

The event will feature over 450 speakers from more than 100 countries, and host 150 sessions. It will revolve around the latest generative AI technologies and algorithms, the applications of big data and how to invest in it across various fields, building technical human capacities, and addressing the needs and infrastructure requirements for AI and technology, as well as AI ethics and governance.

It will also witness the launch of over 25 local and global initiatives, the signing of more than 70 agreements and Memorandums of Understanding (MoUs), as well as events such as the International AI Olympiad, an AI competition with participation from 25 countries. It will additionally feature an international consultation session on AI governance in partnership with the United Nations and ICESCO.

The Summit is being hosted by SDAIA, one of the leading entities that integrates data management and AI technologies. It aligns with the aspirations of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the SDAIA Board of Directors, in placing Saudi Arabia at the forefront of countries leading AI innovation and achieving the goals of Vision 2030.

H.E. Dr. Alghamdi stated:

“The Global AI Summit, from its first edition in 2020 to the second in 2022, and now the third edition, showcases the flourishing progress and remarkable technological advancements of Saudi Arabia. It is a testament to the Kingdom’s active contribution in leveraging AI technologies for the good of humanity and supporting efforts to achieve the Sustainable Development Goals locally and globally.”

H.E. Dr. Esam Alwagait, Director of the National Information Center, noted that AI’s contribution to the global economy is expected to reach $15 trillion, with the AI market projected to grow to $1 trillion by the end of this decade. He also pointed to the critical importance of AI to business. Reports by global consultancies like McKinsey have noted that organizations utilizing AI to analyze data and make decisions have reduced their operating costs by 20-25%.

Dr Yaser Al-Onaizan, CEO of the National Center for Artificial Intelligence (NCAI) at SDAIA, also said:

“This summit highlights the importance of these advanced technologies from a societal perspective, focusing on their significance for humanity. Given the rapid developments in data and AI technologies that are impacting all aspects of human life, becoming an integral part of it, it was crucial to address this.”

Notes to editors

For more information about the GAIN Summit, please visit: https://globalaisummit.org/en/default.aspx   

 

View original content:https://www.prnewswire.com/news-releases/saudi-arabias-landmark-global-ai-summit-to-address-harnessing-ai-for-the-good-of-humanity-302241345.html

SOURCE SDAIA

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STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

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October 24, 2026

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

View original content:https://www.prnewswire.com/news-releases/stephen-a-smith-addresses-white-house-dinner-attendance-reaffirms-commitment-to-hbcus-and-protecting-corporate-investment-in-black-education-302918547.html

SOURCE Straight Shooter Media

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Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

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October 24, 2026

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TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

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Club Offers for Travel Enthusiasts in Canada

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1 hour ago

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October 23, 2026

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TORONTO, Oct 23, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces three of many new Club Offers for Club Members in Canada.

Rigorously vetted and negotiated for us travel enthusiasts:

$799—COSTA RICA WEEK WITH FLIGHTS & CAR
We think fall is an ideal time to visit Costa Rica; the scenery is lush and the crowds are gone. Drive between volcanic Arenal and the idyllic beaches of Tamarindo on this seven-night trip. Since it’s not as busy, we were able to negotiate a price that saves members up to $648 on departures through mid-December.

$899—BARCELONA: 5 NIGHTS WITH FLIGHTS
Explore Barcelona’s world-class museums and architectural masterpieces in the quieter winter months to pack more into your trip. You won’t waste hours in lines and can access top restaurants that are fully booked in summer. We save $300 on travel this January and February, when temperatures are still spring-like. Roundtrip flights from Toronto, hotel and daily breakfast are included.

$999—ST. KITTS GETAWAY FOR 2, REG. $2083
Most visitors to St. Kitts book months in advance, but when we pointed out that travel enthusiasts are more spontaneous, this resort gave us a terrific rate for stays this November and December. Spend four nights in Frigate Bay and get an upgraded Oceanview room, too.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Media Contact: 
Amanda Ieraci – Toronto
+1 437 866 8540
aieraci@travelzoo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-for-travel-enthusiasts-in-canada-302918543.html

SOURCE Travelzoo

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