Author: Ahmed

As the world’s premier hybrid platform for data, analytics, and Artificial Intelligence company, Cloudera is hosting its EVOLVE24 conference in Dubai. The event which aims at inviting top professionals and customers and partners, deals with one of the most important questions regarding the application of generative AI – how to drive smart data insights, and enhance productivity. The breakout sessions and keynote speeches that will be presented in EVOLVE24 Dubai will include; Foundation breakout sessions: Modern data architecture: The value proposition of the true hybrid cloud: Zi’s vision. The AI summit will be co-hosted by IBM, Amazon web services and…

Orbital Space, a start-up based in the UAE, has signed with the China’s aggressive lunar plan to create strategic technology for the next mission to the Moon. This mission will help China in achieving its International Lunar Research Station program of construction of a lunar base in the next decade. The deal, which was inked between Orbital Space, and China’s Deep Space Exploration Lab, was unveiled at the International Deep Space Exploration Conference that was held in China. This one is going to entail the options of developing payloads and lunar exploration technologies with future launches envisioned as part of…

Private equity firm Blackstone Group, along with its Canadian counterpart CPP Investments, is in the process of finalizing loan of a great amount equivalent of A$5. 5 billion(approx $3. 7 billion) to fund the acquisition of AirTrunk which is Asia Pacific’s largest hyperscale data center company founded by Robin Khuda. The deal, worth A$24bn, forms a continued strategy of Blackstone to ramp up operations in the Asia region especially in domains that are fundamentally powered by artificial intelligence and escalating demand for capacity. Authors of the article have established that K-ratings the package contains of A$ 2 billion term loan…

AirTrunk, the largest data center firm which was established by Bangladeshi-Australian – Robin Khuda (born: 1980) has been sold in what can be regarded as the biggest deal of USD 16. 1 billion (AUD 23 billion). This deal spearheaded by the Blackstone, an American based patron of alternative investment and Canada Pension Plan Investment Board (CPP Investments), is the largest buyout deal in Australia this year as well as one of the biggest in recent past. Khuda was born in Bangladesh and later moved into Sydney. The latest deal will involve Blackstone and CPP Investments buyout of AirTrunk from both…

To serving the amnesty seeking Bangladeshi nationals in Al Awir, consular general of Bangladesh to Dubai has opened a help desk. On 05th September 2024 Consul General BM Jamal Hossain and other officials of the Consulate met with the authorities at Al Awir immigration centre to assess the services being offered to the people seeking help under the amnesty program being implemented by the UAE. While in Dubai, Hossain called on Lt. Gen. Mohammad Ahmed Al Marri, Director General of the General Directorate of Residency and Foreign Affairs (GDRFA) and thanked him for the unending services towards the expatriate Bangladeshies.…

In the latest list published in this year’s TIMES 100 AI, TIME magazine presents major movers of the AI systems. This year’s list captures the growth of AI at a very dynamic pace; currently, 91 new companies entered the list, varying by industries and regions. Starting from Francesca Mani who at the age of 15 became the deepfake protection advocate and ending with one of China’s most famous computer scientists – Andrew Yao – the list catalyzes a vast spectrum of inventors. The process was done by the editors and correspondent of TIME with interviews and consultation with members included…

The competition in the artificial intelligence field is getting stiffer as two tech giants, OpenAI and Meta reveal increased performances in their AI tools. Active monthly users of the OpenAI’s chatbot it developed and deploying under the name ChatGPT have also risen to 200 million, up from November figures. In an earlier interview with the company’s CEO, Sam Altman noted that 92 percent of Fortune 500 firms are now clients of the company. Similarly, this brings a sharp increase in adoption to help offset blasted concerns by pundits concerning slow revenue business from the AI technologies as they are highly…

Given that AI technology is creeping into our everyday digital lives, Meta’s unveiling of Meta AI on Instagram and other interfaces raises extensive privacy issues. Meta AI which was released in April this year is comprised of intelligent search, image generation and complex task management. However, this has raised concern over users’ personal data being used to develop Artificial Intelligence models. Since July 2024, Meta AI has been launched across 22 countries on Instagram, facebook, WhatsApp and messenger. Some features, such as AI studio and Ray-Ban Meta Smart Glasses integration, are still in the experimental stage, nonetheless, Meta’s intentions to…

More than investors, myco, the Web3 streaming platform headquartered in the UAE, has managed to attract $10 million in its Series A round from as many MENA, North American, and European venture capitalists. The funding round has been trailed by participants on Tuesday, including Daman Investments, Aptos Labs, B Digital, Mocha Ventures, Art3 Foundation, Ghaf Capital Partners, Mix Media Network, Factor6 Capital Partners and Enjinstarter. Moreover, 88 accredited investors invested through Republic. com, which proves that this platform is gaining popularity progressively. The funding round valued myco at $80 million post money, quite a feat for the company and more…

Therefore, it would be worthwhile to try to disentangle all pros and cons of AI when it comes to Hollywood. With the advancement in technologies, AI has slowly and gradually started to invade the entertainment industry especially in the areas such as writing scripts and dialogues, some part of production and even in post-production editing along with voice translation. Nonetheless, the inclusion of AI in Hollywood is a promising and worrying affair at the same time. On the one hand, AI is incredibly efficient on the other hand it is Incredibly Efficient. Indeed, as Sandy Climan stressed, AI technology can…