In less than a week, the stock market value of UK chip designer Arm Holdings nearly doubled as investors jumped on the artificial intelligence (AI) boom. According to financial results reported by ARM, the demand for AI-related technology is boosting
Meta’s CEO, Mark Zuckerberg, is set to pocket $175 million from the company’s first-ever dividend, benefiting top shareholders too. Mark Zuckerberg surprised everyone last week by apologizing during the Senate’s online kid safety session. A few days later, he made
In a political clash, tech lobbyists, Republican lawmakers, and conservative groups are intensifying efforts to dismantle key aspects of President Joe Biden’s executive order on artificial intelligence (AI). This order, leveraging the Defense Production Act (DPA), compels tech companies to
Abu Dhabi’s Advanced Technology Research Council (ATRC) has introduced an AI company known as AI71, a competitor to other big AI firms like OpenAI. This comes as Abu Dhabi is fighting for a significant share of the global AI market,
The reliance on artificial intelligence (AI) for educational assistance has become increasingly prevalent. However, recent reports and studies have highlighted a disturbing trend: students using AI tools, such as ChatGPT and Google Bard, are often receiving incorrect information. This phenomenon,
Dubai, UAE – Genesis XBT, EMEA’s premier Bitcoin/crypto event, will take place from 15-16 November 2023 at Arjaan by Rotana Dubai Media City, which offers a spectacular Skylight Ballroom. This prestigious event gathers blockchain entrepreneurs, crypto enthusiasts, and industry leaders
Abu Dhabi has legalized decentralized autonomous organizations (DAOs), rolling out a comprehensive distributed ledger technology (DLT) framework. This progressive step not only lays the groundwork for Web3 entities to flourish with legal clarity but also empowers them with the authority
In a recent move for the AI sector, the King Abdullah University of Science and Technology (KAUST) in Saudi Arabia has joined forces with two prestigious Chinese institutions. Their collaborative product, an Arabic-focused AI system named AceGPT, is reportedly poised
According to a recent report, school teachers in the United States use generative AI more than students. The trend-setter ChatGPT of OpenAI was adopted in the education sector immediately after its release in November 2022. While many people were stunned
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
The Middle East has always acted as a friend of the crypto industry, and one more country is making headlines this time by investing $1.1 billion in Bitcoin mining. H.E. Sheikh Mansour Bin Taleb Bin Ali Al Hinai, Chairman of
Facebook parent company Meta Platforms Inc. has released a new set of Metaverse youth safety guides to ensure their security in the virtual platforms they join. The new toolkit is also a move towards addressing cases of cyberbullying and creating
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