The Nobel Prize in Physics has been awarded to John Hopfield and Geoffrey Hinton, known as the "godfather of artificial intelligence", for "foundational advances in machine learning with artificial neural networks".
Hans Ellegren, secretary general of the Royal Swedish Academy of Sciences, announced the winners on Tuesday in Stockholm.
American Hopfield, an emeritus professor at Princeton University, created an associative memory that can store and reconstruct images and other types of patterns in data, the academy said.
Hinton, a British-Canadian professor at the University of Toronto, in the 1980s helped to develop a technique that has been instrumental in training machines how to “learn”, and has previously raised concerns about AI's risks.
Speaking at the ceremony in Sweden, Prof Hinton said he was “flabbergasted”, adding: “I had no idea this would happen. I’m very surprised.”
"I think it will have a huge influence. It will be comparable with the industrial revolution. But instead of exceeding people in physical strength, it's going to exceed people in intellectual ability."
He also said the advancement in AI would result in "huge improvements in productivity" but humanity had to worry about possible "bad consequences, particularly the threat of these things getting out of control."
Prof Hinton, born in London in 1947, spent a decade at Google but quit in 2023 to speak freely about the risks of AI.
In 2018, he was awarded the Turing Award in recognition of his research breakthroughs.
When asked whether he had any regrets about his work on AI, Prof Hinton said: “There are two kinds of regret – there is regret where you feel guilty because you did something you knew you should not have done, and then then there is regret where you did something that you would do again in the same circumstances.”
He said that he “would do the same again” but was “worried that the overall consequence of this might be systems more intelligent than us that eventually take control”.
Machine learning is a key component of AI – a technology that allow machines to perform tasks that mimic human intelligence, such as learning, reasoning and problem-solving.
"This year’s physics laureates’ breakthroughs stand on the foundations of physical science", the academy said. "They have showed a completely new way for us to use computers to aid and to guide us to tackle many of the challenges our society face.
"Thanks to their work humanity now has a new item in its toolbox, which we can choose to use for good purposes. Machine learning based on artificial neural networks is currently revolutionising science, engineering and daily life."
Ellen Moons, chairwoman of the Nobel Committee for Physics, said: “The laureates’ work has already been of the greatest benefit. In physics we use artificial neural networks in a vast range of areas, such as developing new materials with specific properties.”
Previous physics prize winners include Marie Curie in 1903 for her work on the discovery of radiation, and Albert Einstein who won in 1921 for his advances in the understanding of theoretical physics.
On Monday, Nobel Prize week kicked off when US citizens Victor Ambros and Gary Ruvkun were awarded the Nobel Prize in Medicine for their discovery of microRNA.
Their research was based around studying the make-up of a 1mm-long roundworm, known as C.elegans, which despite being tiny possesses cell types such as nerves and muscles found in larger, more complex animals.
Last year, the physics prize was jointly awarded to three scientists - Pierre Agostini, Ferenc Krausz and Anne L'Huillier - from USA, Germany and Sweden respectively, who study electrons in atoms during the tiniest of split seconds.
The prize carries a cash award of 11 million Swedish kronor ($1 million) from a bequest left by its creator, the Swedish inventor Alfred Nobel.
Nobel announcements continue with the chemistry prize on Wednesday and literature on Thursday. The Nobel Peace Prize will be announced on Friday and the Nobel Memorial Prize in Economic Sciences on October 14. The laureates are invited to receive their awards at ceremonies on December 10th, the anniversary of Alfred Nobel’s death.
Naga
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Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
FORSPOKEN
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The%20Legend%20of%20Zelda%3A%20Tears%20of%20The%20Kingdom
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Starfield
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The%20Mother%20
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First-round leaderbaord
-5 C Conners (Can)
-3 B Koepka (US), K Bradley (US), V Hovland (Nor), A Wise (US), S Horsfield (Eng), C Davis (Aus);
-2 C Morikawa (US), M Laird (Sco), C Tringale (US)
Selected others: -1 P Casey (Eng), R Fowler (US), T Hatton (Eng)
Level B DeChambeau (US), J Rose (Eng)
1 L Westwood (Eng), J Spieth (US)
3 R McIlroy (NI)
4 D Johnson (US)
Electric scooters: some rules to remember
- Riders must be 14-years-old or over
- Wear a protective helmet
- Park the electric scooter in designated parking lots (if any)
- Do not leave electric scooter in locations that obstruct traffic or pedestrians
- Solo riders only, no passengers allowed
- Do not drive outside designated lanes
GYAN’S ASIAN OUTPUT
2011-2015: Al Ain – 123 apps, 128 goals
2015-2017: Shanghai SIPG – 20 apps, 7 goals
2016-2017: Al Ahli (loan) – 25 apps, 11 goals
Blackpink World Tour [Born Pink] In Cinemas
Starring: Rose, Jisoo, Jennie, Lisa
Directors: Min Geun, Oh Yoon-Dong
Rating: 3/5
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
Uefa Nations League: How it works
The Uefa Nations League, introduced last year, has reached its final stage, to be played over five days in northern Portugal. The format of its closing tournament is compact, spread over two semi-finals, with the first, Portugal versus Switzerland in Porto on Wednesday evening, and the second, England against the Netherlands, in Guimaraes, on Thursday.
The winners of each semi will then meet at Porto’s Dragao stadium on Sunday, with the losing semi-finalists contesting a third-place play-off in Guimaraes earlier that day.
Qualifying for the final stage was via League A of the inaugural Nations League, in which the top 12 European countries according to Uefa's co-efficient seeding system were divided into four groups, the teams playing each other twice between September and November. Portugal, who finished above Italy and Poland, successfully bid to host the finals.
COMPANY%20PROFILE%3A
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Biog
Mr Kandhari is legally authorised to conduct marriages in the gurdwara
He has officiated weddings of Sikhs and people of different faiths from Malaysia, Sri Lanka, Russia, the US and Canada
Father of two sons, grandfather of six
Plays golf once a week
Enjoys trying new holiday destinations with his wife and family
Walks for an hour every morning
Completed a Bachelor of Commerce degree in Loyola College, Chennai, India
2019 is a milestone because he completes 50 years in business
MADAME%20WEB
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Profile
Company name: Jaib
Started: January 2018
Co-founders: Fouad Jeryes and Sinan Taifour
Based: Jordan
Sector: FinTech
Total transactions: over $800,000 since January, 2018
Investors in Jaib's mother company Alpha Apps: Aramex and 500 Startups
UK-EU trade at a glance
EU fishing vessels guaranteed access to UK waters for 12 years
Co-operation on security initiatives and procurement of defence products
Youth experience scheme to work, study or volunteer in UK and EU countries
Smoother border management with use of e-gates
Cutting red tape on import and export of food
MOUNTAINHEAD REVIEW
Starring: Ramy Youssef, Steve Carell, Jason Schwartzman
Director: Jesse Armstrong
Rating: 3.5/5