UAE

Technology Innovation Institute Launches AI Model With Vision-to-Language Capabilities
Technology Innovation Institute Launches AI Model With Vision-to-Language Capabilities
May 13, 2024  |  artificial intelligence

The United Arab Emirates (UAE)-based Technology Innovation Institute (TII) has announced a new iteration of its large language model (LLM). The new Falcon 2 includes a model with image-to-text...

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Digital Stagnation Pressures UAE Merchant Growth
Digital Stagnation Pressures UAE Merchant Growth
May 13, 2024  |  VISA

In the United Arab Emirates, 71% of consumers actively use digital features to enhance their shopping experiences. Yet valuable opportunities to build on this robust...

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Reem Finance and Visa Partner on Digital Payments in UAE
Reem Finance and Visa Partner on Digital Payments in UAE
April 29, 2024  |  Partnerships

Reem Finance, a financial services provider in the United Arab Emirates (UAE), has partnered with Visa to expand its offering of digital payment solutions. With the new...

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Report: US Looks to Forge AI Partnerships With UAE
Report: US Looks to Forge AI Partnerships With UAE
April 21, 2024  |  artificial intelligence

The White House reportedly wants U.S. artificial intelligence (AI) companies to form partnerships in the United Arab Emirates (UAE). By launching operations in the UAE,...

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Microsoft Invests $1.5 Billion in UAE AI Firm G42
Microsoft Invests $1.5 Billion in UAE AI Firm G42
April 16, 2024  |  Investments

Microsoft has invested $1.5 billion in Abu Dhabi-based artificial intelligence (AI) firm G42. The investment is the latest in a series of collaborations for the company and...

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Adyen and Cleeng Partner on Subscriber Retention Management in UAE
Adyen and Cleeng Partner on Subscriber Retention Management in UAE
March 26, 2024  |  Partnerships

Adyen and Cleeng have expanded their partnership into the United Arab Emirates (UAE) market. This expansion comes as Cleeng, a Software-as-a-Service (SaaS) platform for subscriber retention management (SRM)...

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How AI Investments Could Change the Middle East
How AI Investments Could Change the Middle East
March 25, 2024  |  artificial intelligence

Saudi Arabia’s reported $40 billion artificial intelligence (AI) investment fund represents a leap to redefine the Middle East’s role in the global technology landscape.  The...

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OpenAI‘s Sam Altman Says UAE Could Test Potential Global Rules for AI
OpenAI‘s Sam Altman Says UAE Could Test Potential Global Rules for AI
February 13, 2024  |  artificial intelligence

The United Arab Emirates (UAE) is reportedly positioning itself as a leader in regulating and testing artificial intelligence (AI) technologies. Sam Altman, CEO of OpenAI, said...

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UAE Escapes ‘FinTech Winter’ as Investments Jump 92%
UAE Escapes ‘FinTech Winter’ as Investments Jump 92%
January 10, 2024  |  Fintech Investments

Last year’s FinTech funding drought didn’t touch the United Arab Emirates (UAE). Investments in that sector fell by half all over the world as investors were scared...

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