Abu Dhabi Islamic Bank (ADIB) has made a huge advancement in the banking sector by launching Spatial Banking on Apple Vision Pro. This initiative marks ADIB as the first bank in the UAE to introduce a banking experience using Apple’s mixed-reality operating system, VisionOS. This launch aligns with ADIB’s strategic vision for 2035, which focuses...
A recent study has highlighted concerns regarding the reliance on artificial intelligence (AI) tools in the workplace, suggesting that such dependence could hinder individuals’ cognitive abilities. The research involved over 300 participants employed in cognitive roles, revealing a significant drop in cognitive effort among many respondents. The study team evaluated more than 900 examples of...
Omnispay, a fintech company based in the UAE, has successfully raised $1.5 million in a seed funding round led by Mercatus Capital Pte. Ltd., a Singapore-based venture capital firm. This funding round attracted participation from various regional and international investors and aims to empower small and medium-sized enterprises (SMEs) with an all-in-one platform for collecting,...
Parkin Compan, which runs the most paid public parking lots and services in Dubai, has released a new mobile app that should make parking easier for both locals and tourists. This app has many features that are meant to make driving easier, make things more accessible, and help people get around cities more quickly. Three...
AI is making big changes in the fashion business by letting models like Alexsandrah Gondora, who lives in London, be in “two places at the same time.” Gondora said that her AI copy can do picture shoots, which saves her time and money while still letting her take part in events like London Fashion Week....
The Integrated Transport Center (Abu Dhabi Mobility) and GIGATONS have joined forces to improve electric transportation options in the city. The goal of this partnership is to come up with new ideas that will help the transportation sector reach net-zero pollution. The two groups will work together to find environmentally friendly ways to get around...
Since December, when it had only 300 million users, OpenAI has grown a lot. As of February, it had over 400 million weekly active users, which is a 33 percent rise. This information comes from COO Brad Lightcap, who said that the rise shows that ChatGPT is becoming more useful and well-known among its users....
Proofpoint, Inc., a top cybersecurity and compliance company, has grown its relationship with CyberGate Defense LLC, a well-known UAE-based cybersecurity group. A Memorandum of Understanding (MoU) was signed between the two companies to improve human-centered safety solutions for businesses in the UAE. During Proofpoint’s Protect Tour event in Dubai, this deal was made with the...
Abu Dhabi is quickly becoming a major player in the field of artificial intelligence (AI). This is because it recently launched MGX, a specialized fund that has recently joined Donald Trump’s Stargate project to improve American AI capabilities. Many people are calling this project the start of a new golden age for the Gulf area....
A healthcare business in Abu Dhabi called Aspen Medical has teamed up with BlueRoom Simulations in Melbourne to create a mixed reality (MR) feature that will be used for training defense healthcare workers. This new platform combines Aspen Medical’s training experience with BlueRoom Simulations’ cutting-edge MR technology. It was created to help medics and first...