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OpenAI unveils AI model that turns text into video

Text to video: OpenAI announces new Sora model

The software is currently available for red teaming as well as for use by visual artists, designers and filmmakers to gain feedback on the model

nvidia-jensen-huang

Nvidia’s expected earnings is shaking up the options market

Nvidia is expected to post earnings of $4.56 a share, and a rise in quarterly revenue to $20.378bn

How the UAE is fostering fintech innovation

How the UAE is cementing its fintech hub status

Jason Hughes, senior executive officer of eToro Middle East tells us that Abu Dhabi offers a supportive business ecosystem and a fertile investment landscape that drives growth

DeepFest 2024: Bringing the global AI community to Riyadh

Through diverse tech and AI offerings, the event is accelerating the adoption of technology, as well as transforming Saudi Arabia’s economy

UTS AAII and Vadr Media partner to combat online chess cheating image supplied

Abu-Dhabi based VADR Media inks alliance to combat cheating in online chess

This collaboration follows VADR Media’s recent acquisition of Szuperchess, a company known for its disruptive computer vision anti-cheat technology used by Checkmate.live

Spotify MD MEA Akshat Harbola

Spotify’s Akshat Harbola is keen to support local talent, read to know more

The managing director for the MENA region and South Asia shares the key trends impacting the streaming platform, inclusive initiatives that are bringing fresh talent to the fore and his strategy to get everyone on Spotify

Riyadh Air announces partnership with Sabre

Riyadh Air, Sabre ink strategic deal, here’s what it involves

Riyadh Air has chosen Sabre’s comprehensive suite of solutions to optimise its network planning and drive revenue growth

AW Rostamani, Zeekr to launch premium EVs in UAE

Luxury EVs: AW Rostamani, ZEEKR unveil new cars for UAE

ZEEKR’s premium models will be available for test drives and bookings starting from March

KEZAD Titan Signing deal to build lithium processing plant

Abu Dhabi’s KEZAD to host Dhs5bn lithium processing plant

Titan Lithium Industries has signed a 50-year land lease agreement with KEZAD to build the plant in Khalifa Industrial Area (KEZAD Al Ma’mourah)

Sam Altman, OpenAI CEO (on screen) speaks in a videocall with Omar al-Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, during the World Government Summit in Dubai on February 13, 2024. (Photo by Ryan LIM / AFP)

OpenAI’s Altman reveals deepest AI fears, hopes to UAE audience

Sam Altman, the CEO of the world’s most well-known AI company, made a virtual appearance at the World Governments Summit in the UAE

UAE allots $200m to fund innovation in developing nations

WGS 2024: UAE launches $200m technology fund for developing nations

The newly launched platform serves as a channel for countries worldwide to tap into the UAE’s technological expertise

American University of Sharjah, Sui join forces to launch blockchain academy Getty Images for illustrative purposes

American University of Sharjah, Sui join forces to launch blockchain academy

Sui has also established a Web3 programme at the Wheeler Institute for Business and Development at London Business School

Bitcoin hits $50,000 level for first time in more than two years

Bitcoin hits $50,000 level for first time in more than two years

The cryptocurrency has risen 16.3 per cent so far this year, on Monday touching its highest since December 27, 2021

Sam Altman of OPENAI

OpenAI hits $2bn revenue milestone, looks for investors in UAE

Investors have valued the San Francisco-based startup at more than $80bn

Moussalam Dalati, General Manager, Liferay MEA on how DXPs are enhancing digital experiences in business

Eight trends shaping the future of digital experiences in business

Personalised, multi-channel experiences, digital transformation projects, and the growing importance of data analytics and security are driving the digital experiences space

Bayanat reports robust FY2023 performance AI-GettyImages-1481133084

Bayanat reports 47% revenue growth in 2023, reaches zero-debt position

Bayanat and Yahsat have announced a combined entity, Space42, which will be one of the world’s most valuable publicly listed space companies by market cap

Presight AI-FY2023 results _GettyImages-1194176305

Presight AI FY2023 net profit rises 5.1% driven by projects, global expansion

Presight AI’s Q4 performance saw revenues jumping by 23.3 per cent and net profit margin reaching 42.1 per cent

Amit Midha, Global CEO of Alat

Amit Midha to lead PIF-owned Alat as global CEO

Midha, a seasoned business leader with experience across Asia, the US, India, and Singapore, joins Alat from Dell Technologies

The impossible angle: Pushing the boundaries of network security

Security camera manufacturers are constantly enhancing their solutions, with the most prolific trend right now being the integration of AI-driven technologies and advanced data analytics

Apple - Vision Pro

Apple’s $3,499 Vision Pro: Is it the future or a geeky fad?

Vision Pro features multiple cameras and sensors built into the device, OLED displays, an external EyeSight display, internal stereo speakers, connectors, lens inserts and headbands, among other technology

Microsoft and DET sign deal to drive innovation in Dubai GettyImages

Dubai, Microsoft partner to power emirate’s digital economy

The joint effort will focus on logistics, technology enablement and adoption within the SME and education sectors

Will AI replace traditional jobs GettyImages-1319048433

Opinion: AI at the workplace – what does it mean for us?

Does the advent of AI herald the end of traditional jobs or the birth of new opportunities?

Amazon Rufus

Amazon launches AI chatbot Rufus: 5 ways to use it to shop better

The chatbot was launched in beta version to a small subset of customers in Amazon’s mobile app in the US and will be rolled out across the country in the coming weeks

Genetec Security Center

Cloud, collaboration, and analytics take centre stage in 2024, reveals Genetec

As technology adoption grows and remote access from external networks becomes more common, the partnership between IT and physical security will continue to develop, predicts Genetec

PIF launches ALAT a tech firm getty images

Alat: PIF’s new advanced tech firm to drive economic shift

Alat aims to create 39,000 direct jobs in Saudi Arabia by 2030, and achieve a direct non-oil GDP contribution of $9.3bn by the same year

Richard Smith is executive vice president of technology for Oracle’s Europe, Middle East, and Africa region.

Powering up GCC’s cloud: Oracle EMEA EVP talks growth, future plans

Richard Smith, Oracle’s Executive Vice President for Technology, EMEA, unpacks how cloud growth is surging in his region

Meta

As Facebook turns 20, Meta reports first-ever dividend

The social media giant is the first of its generation of internet juggernauts to issue a dividend, a milestone for the tech sector

AI

5 ways in which GenAI will change your work life in 2024

The trends of 2024 will shape a future, where AI is not just a tool, but a fundamental part of the GenAI experience

Dubai Trade crosses 300 million transactions, cuts huge carbon footprint

Dubai Trade crosses 300 million transactions, cuts huge carbon footprint

Dubai Trade, the digital arm of DP World in the GCC region, has consistently demonstrated robust growth since it was formed, with an average 8 per cent year-on-year increase in annual digital transactions since 2003

HID

HID: Why access control is only set to get bigger

With a presence across 100 countries, HID is leading the pack as the industry transitions to deal with post-pandemic trends such as a mobile-first world and a hybrid work model