Fetch.ai called in administrators Resolve Advisory on Jan. 23 after the startup’s UK business ran into “financial difficulties” that made it impossible for the unit to “pay its debts,” the Evening Standard reports. The decision came after Fetch.ai’s UK arm
In a landmark decision, the United Arab Emirates President, Sheikh Mohamed bin Zayed Al Nahyan, announced the formation of the Artificial Intelligence and Advanced Technology Council (AIATC). In his capacity as Ruler of Abu Dhabi, the UAE President has issued
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
The United States has extended AI chip export restrictions beyond China to include some countries in the Middle East. The ban affects Nvidia and Advanced Micro Devices (AMD) chips. For China, the ban on chip exports was imposed in 2022.
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
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