Technology Archives | Gulf Business

Public cloud’s contribution to UAE economy could reach $181bn by 2033 – report

Divsha Bhat — Fri, 26 May 2023 12:39:04 +0000

Amazon Web Services commissioned a study to provide an econometrical method for calculating the aggregate productivity gains realised by economies that adopt cloud computing

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Abu Dhabi’s TII unveils its Falcon 40B AI model open source

Kudakwashe Muzoriwa — Thu, 25 May 2023 17:20:25 +0000

Falcon 40B is a foundational large language model with 40 billion parameters and trained on one trillion tokens

The post Abu Dhabi’s TII unveils its Falcon 40B AI model open source appeared first on Gulf Business.

Google teams up with UAE organisations for AI research and sustainability initiatives

Divsha Bhat — Thu, 25 May 2023 13:50:26 +0000

The announcement was made during an event at the MBZUAI campus, where Google introduced three significant initiatives

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Introducing TaxGPT, the AI-powered UAE corporate tax assistant

Neesha Salian — Thu, 25 May 2023 10:06:30 +0000

Virtuzone has launched TaxGPT to help UAE-based businesses get answers related to the upcoming corporate tax regime based on information from the UAE's MOF and FTA

The post Introducing TaxGPT, the AI-powered UAE corporate tax assistant appeared first on Gulf Business.

OpenAI raises $175m for startup investment fund

Bloomberg — Thu, 25 May 2023 05:23:20 +0000

The platform has been investing in startups working in artificial intelligence for a while

The post OpenAI raises $175m for startup investment fund appeared first on Gulf Business.

Redefining Mobility: Introducing the astonishingly lightweight ASUS Zenbook S 13 OLED

Divsha Bhat — Thu, 25 May 2023 05:20:57 +0000

Unmatched portability at 1cm thin and 1kg light

The post Redefining Mobility: Introducing the astonishingly lightweight ASUS Zenbook S 13 OLED appeared first on Gulf Business.

Franchise UAE: Khalifa Fund launches new portal to help businesses buy and sell franchises

Neesha Salian — Wed, 24 May 2023 13:17:32 +0000

Franchise UAE is designed to cater to both existing, homegrown businesses seeking to develop a franchise and aspiring entrepreneurs looking to invest in an established business concept

The post Franchise UAE: Khalifa Fund launches new portal to help businesses buy and sell franchises appeared first on Gulf Business.

Construction boom: UAE, Saudi Arabia expect surge in project numbers and values, says report

Divsha Bhat — Wed, 24 May 2023 08:46:11 +0000

Majority of construction decision makers in the two countries are confident about the market conditions over the next 12 months

The post Construction boom: UAE, Saudi Arabia expect surge in project numbers and values, says report appeared first on Gulf Business.

Meta unloads Giphy to Shutterstock at a loss of more than $260m

Marisha Singh — Wed, 24 May 2023 05:53:34 +0000

Facebook’s parent company Meta announced the sale of Giphy after its purchase of the GIF maker was blocked by competition regulators in the UK

The post Meta unloads Giphy to Shutterstock at a loss of more than $260m appeared first on Gulf Business.

Etihad Rail, Uber sign MoU to jointly bolster integrated mobility services

Neesha Salian — Tue, 23 May 2023 14:00:30 +0000

The companies will look at integrating e-hailing services and explore the possibility of creating an Uber dedicated pickup and drop-off area for passengers within stations

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