A team of academics, researchers, and engineers in the United Arab Emirates (UAE) unveiled a new generative AI chatbot called ‘Jais’ to cater specifically to people who speak the Arabic language around the world, according to CNN. The team argues
Prince Faisal Bin Bandar Bin Sultan is setting sights on eSports in Saudi Arabia, targeting growth in an industry worth 50 billion riyals ($13 billion) to his nation’s economy. The Saudi royal also revealed that the country wants to attract
Leading financial services hub Dubai International Financial Centre (DIFC) has completed its first cohort with 10 regional and global startups under its DIFC Metaverse Accelerator Programme. The program was done to promote metaverse inclusivity in accordance with Dubai Higher Committee for Future
Two Middle Eastern powerhouses are vying for the AI crown. With its cutting-edge AI chips, Nvidia finds itself at the center of an escalating race between Saudi Arabia and the UAE. With global chip shortages and surging demand from major
In a recent analysis by data agency CCData, the South Korean digital asset platform, Upbit has surpassed leading global exchanges, Coinbase and OKX, in spot trading volume. This shift coincides with the ongoing regulatory challenges faced by Binance, the largest
Abu Dhabi, often hailed as the financial hub of the United Arab Emirates (UAE), has once again demonstrated its forward-thinking attitude toward fintech. It’s been officially confirmed that the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority has granted
The British Computer Society CEO Rashik Parmar believes that AI threats to humanity are overstated. He said concerns being expressed “play to the fears that most of society has” and have been shaped by popular science fiction films like Terminator
The global metaverse market in finance is poised to grow by $107.06 billion between 2022 and 2027, according to a report by global tech research and advisory firm Technavio. Businesses are investing heavily in the metaverse, with the World Economic
Proper legislation is necessary to resolve legal disputes related to trademarks, patents, and intellectual property in the metaverse, according to experts. Businesses should ensure their trademarks are protected in the new virtual world and make sure unique assets are also
Saudi Arabia plans to build a ‘metaverse cube’ the size of 20 Empire State buildings in its capital as part of an ongoing bid to become the world’s #1 destination for eye-catching architecture. A 400-meter-wide cube – the Mukaab –
UAE, one of the forerunners in new technology from the Middle East, is planning to use AI-powered digital teachers to contribute to the development of teaching methods and boost academic performance, according to its Minister of Education. The minister, Ahmed
Abu Dhabi-based Venom Foundation announced on Tuesday the launch of a $1 billion venture capital fund aimed at investing in blockchain start-ups including web3 decentralized applications, or dApps, and metaverse projects. Venom Ventures Fund said it will prioritize projects “focused
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