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Lebanon Launches 1st “AI” Academy

June 10, 2024
Lebanon Launches 1st “AI” Academy
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Comin has announced the launch of an Entrepreneurship Academy aimed at training students in communication and artificial intelligence (AI) in Lebanon.

The announcement was made during a ceremony honouring top students from the Business Administration College at Saint Joseph University in Beirut.

The event was attended by numerous professors, students, media representatives, and prominent social figures.

According to a company press release, the ceremony marked the official launch of the “Comin Entrepreneurship and Training Academy,” unveiled by General Manager Roger Zakkar.

The academy’s mission is to establish a comprehensive training program for students, offering courses in public relations, media, communication skills, AI, and an introduction to the world of insurance.

The statement highlighted that the courses and training sessions will be conducted by experts in their respective fields, covering public relations, media, and communication.

The new initiative by Comin is set to provide valuable skills and knowledge to students, preparing them for future careers in various industries by equipping them with essential tools in communication and AI.

Sam Altman’s ambitious target of securing approximately $7 trillion for the development of artificial intelligence (AI) chips highlights the extreme challenges and high stakes in the AI industry.

The introduction of ChatGPT in late 2022 ignited fierce competition and led to a surge in new companies entering the generative AI space.

However, it’s anticipated that many of these newcomers will either cease operations or merge with established entities soon.

Consider the example of Sasha Haco, CEO of Unitary, a company that monitors videos on social platforms for content violations.

The expense for Unitary to utilize OpenAI‘s video analysis AI tools would be a hundredfold higher than its client fees. Consequently,

The company relies on leasing specialized AI chips through cloud services provided by giants like Microsoft Corp. and Amazon’s AWS, which have seen their prices double since 2020 and are often hard to secure.

Tags: AILebanon
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