Tag: Abu Dhabi
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Abu Dhabi AI institute releases fully open-source models with training data, code
Sept 3 : Abu Dhabi-based research institute IFM on Thursday released six artificial intelligence models together with the data and methods used to build them, challenging an industry trend toward increasingly secretive AI development.The K2 Horizon release includes model weights, training data, code, methodol
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UAE says one of its ships was targeted by missile as U.S.-Iran tensions over Strait of Hormuz remain high
Iran’s military stressed that the crucial waterway would only be reopened when the U.S. accepts Iran’s conditions.
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Abu Dhabi approves $6.2 billion gas project to boost UAE supply
Abu Dhabi’s National Oil Company will invest $6.2 billion to develop the Umm Shaif Gas Cap to expand natural gas production and liquefied natural gas exports.
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UAE’s MGX raises one of the biggest AI funds ever as it closes at $49 billion
The company is a backer of major AI companies including OpenAI and Anthropic, alongside Elon Musk’s xAI, prior to its merger with SpaceX.
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New train line connecting Dubai and Abu Dhabi to launch
Etihad Rail will start its route between the UAE capital and Fujairah in late June, with further stations opening in the coming months.
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Iraq and UAE race to establish alternative oil pipelines as exports through Hormuz dry up
Last week, the Iraqi cabinet approved plans to accelerate crude exports through the Kurdistan-Turkey pipeline network.
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Former Barclays CEO Bob Diamond says Middle East is primed for tokenized finance
Middle Eastern banks are at an advantage as they are more agile with less worries about legacy systems, according to Diamond.
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