by Jennifer George | September 17, 2024 | Industry, News, Stocks & Bonds, Technology
Apple Intelligence marked another light bulb moment for Apple, or so they thought. Despite the promising launch of the iPhone 16 series on September 9th, the tech mogul failed to entice tech enthusiasts with its recycled “better camera and improved battery...
by Priyanka Sharma | September 16, 2024 | Consumer Goods, Lifestyle, News, Products, Technology, Trending Now
Apple users are set to receive software updates for their iPhones, iPads, Mac and smartwatches later today. All eligible Apple gadgets will be able to install the update once released. Which gadgets will get a refresh? All iPhones from 2018’s iPhone XS or newer...
by Jibran Munaf | September 16, 2024 | Expert Analysis, Technology
Gartner, Inc. forecasts that 40% of generative AI (GenAI) solutions will be multimodal—handling text, images, audio, and video—by 2027, a sharp increase from just 1% in 2023. This transition from single to multimodal models is expected to enhance human-AI interaction...
by Jibran Munaf | September 16, 2024 | Technology
The Dubai International Financial Centre (DIFC) has launched a first-of-its-kind AI License aimed at attracting more companies to Dubai, positioning the emirate as a global leader in artificial intelligence and emerging technologies. In addition to the AI License,...
by Jennifer George | September 13, 2024 | Industry, News, Technology
MGX, a UAE-owned technology investment company, has entered talks with OpenAI to explore potential funding prospects in the AI giant’s recent multibillion-dollar fundraising round. The Wall Street Journal spoke to sources close to the matter, who emphasized...
by Jibran Munaf | September 13, 2024 | Corporate Finance, Technology
OpenAI is reportedly in discussions with investors to raise $6.5 billion in new funding at a pre-money valuation of $150 billion, according to sources cited by Bloomberg. This figure marks a significant jump from the AI company’s last reported valuation of $86...