Dubai Media Academy, the specialized training and research arm of Dubai Media Incorporated, has launched the “Artificial Intelligence Initiative in Arab Media.” This initiative was unveiled during Dubai AI Week, which runs from April 21-25, and is held under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince...
Infinite Reality™ (iR), an innovative company specializing in digital media and e-commerce through extended reality (XR) and artificial intelligence (AI), has announced a definitive agreement to acquire Touchcast, a leader in agentic AI technology, for $500 million in cash and stock. This acquisition marks Infinite Reality’s largest transaction to date and values the company at...
Multiply Group has formed a partnership with Saudi Media Company (SMC) by signing a memorandum of understanding to create an advanced advertising technology (AdTech) platform. This collaboration aims to foster innovation in AI-powered advertising solutions, enhance digital capabilities, and penetrate high-growth markets within the MENA region. The partnership will focus on improving the advertising sector...
The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) in Abu Dhabi has launched a new tool designed to identify persuasion tactics used in media reports. According to The National, this innovative system, named Frappe, aims to analyze various techniques found in articles and reports to combat the spread of misinformation. The Frappe system seeks...
NKN Media, a prominent integrated media company, has successfully raised Dh35 million and is planning to secure an additional Dh50 million to enhance its global expansion and intellectual property development. The company is celebrating five years in Dubai and has established itself as a significant player in the region’s media and events sectors. Following the...
Gushcloud International has announced plans to establish its regional headquarters for Europe, the Middle East, and Africa (EMEA) and India in Abu Dhabi. This strategic move follows a multi-year partnership with the Abu Dhabi Investment Office (ADIO) aimed at enhancing the emirate’s rapidly growing digital creator economy. The establishment of Gushcloud’s headquarters is expected to...