Technology

Bitcoin mining: What is it and how does it work

Here’s everything you wanted to know about Bitcoin mining

MENA IT spending to grow 5.2 percent in 2024 to $193.7 billion: Report

Spending on data center systems to decline by 0.3 percent in 2024

AI Retreat 2024: Sheikh Hamdan plans to double AI’s positive impact to drive economic growth, improve quality of life in Dubai

H.H. said the retreat will serve as an annual platform to examine the transformative impact of AI across all sectors

What the Apple-ChatGPT integration means for users, and why Elon Musk is worried

Musk had sued ChatGPT-developer OpenAI, which he co-founded in 2015, and its CEO Sam Altman, saying they had abandoned the startup's original mission

Apple reveals new AI strategy, integrates ChatGPT into devices during WWDC 2024

Apple to utilize in-house chips and data centers to ensure privacy and security amid AI shift

Sheikh Hamdan appoints 22 Chief AI Officers across government entities in Dubai

The accelerated adoption of AI, alongside the development of its tools and applications, represents a cornerstone of the vision of Sheikh Mohammed

Fintech’s future is in the palm of users’ hands — literally

How Astra Tech’s Palm Pay is revolutionizing contactless payment

Consumer brands see a massive increase in CTR by personalizing website experiences

Behavior-based insights and purposeful personalization boost conversion rates, yielding higher brand revenues

Sheikh Mansour bin Zayed approves system for licensing stable cryptocurrencies

Board meeting also approves a series of policies that aim to support the banking and insurance sectors

Dubai’s DFSA enhances crypto token framework to foster innovation, development

Amendments address financial crimes through strict compliance guidelines

Oman launches digital platform Taqah to attract investment in energy and minerals sector

Platform aims to facilitate investment, enhance transparency and streamline ministry's internal operations

Oman’s digital transformation initiative reaches 53 percent completion rate by end of September 2023

In H1 2023, the country recorded over 30 million e-authentication transactions and nearly 1 million e-signature transactions

AI to add $15 trillion to the global economy, says Dubai’s flagship free zone DMCC

Generative AI and the surge in e-commerce and digital services trade will drive global trade resilience

UAE’s financial sector welcomes new Open Finance regulation

Open Finance is beneficial for both fintechs and their customers

Ethereum ETF approval is a game changer, believe experts

It could be a paradigm shift, not just for Ethereum, but cryptos in general

Worldwide AI chips revenue to grow 33 percent to $71 billion in 2024: Report

The value of AI accelerators used in servers is expected to increase to $33 billion by 2028

New avatar at AMF 2024 showcases transformative potential of AI in media

Digital avatars of literary and media figures from the Arab world were among the most notable attractions

Oman seeks to raise digital economy’s contribution to GDP to 10 percent by 2040

Investments in tech reached more than $2.5 billion since Oman launched National Program for Digital Economy

Saudi Arabia emerges as key investor in Elon Musk’s $24 billion startup xAI

The startup recently announced its $6 billion Series B funding round which it will utilize to launch xAI’s first products in the market

Public cloud spending projected to reach $675 billion globally by 2024: Report

SaaS spending is forecast to grow 20 percent to reach a total of $247.2 billion in 2024

UAE and France partner to boost global AI ecosystem

The partnership will cover various areas, including data centre and supercomputing infrastructure buildout

How Generative AI can both harm and heal cybersecurity

Researchers use GenAI to exploit 87% one-day vulnerabilities

Sheikh Hamdan inaugurates Dubai AI Campus cluster at DIFC Innovation Hub

The move is part of phase one of the DUB.AI programme launched to accelerate AI adoption across key sectors