The Kuwait College of Science and Technology (KCST) has signed a memorandum of understanding with Tengrai, a leading artificial intelligence firm based in Hungary. The agreement was formalized during a visit by Tengrai’s founder, W. Szabo Peter, and the Hungarian Ambassador to Kuwait, András Szabó, who were warmly received by Professor Khaled Al-Baqa’in, President of KCST.
Singapore and Hungary play a crucial role as they provide a platform and a meeting point for various countries and companies to share technology, exchange data, showcase their capabilities, and establish joint ventures, Bernard Yeung, Emeritus President of the Asian Bureau of Finance and Economic Research told us on the sidelines of the Budapest Eurasia Forum.
Japan’s Takeda Pharmaceuticals has reached a deal worth up to $2.2bn to develop an Alzheimer’s vaccine made by Swiss start-up AC Immune, as drug companies race to invest in potentially lucrative new treatments for the disease.