United Arab Emirates (UAE) stories - Page 4

Kore ai has partnered with Inception to develop AI-driven products for enterprises, enhancing solutions in key sectors across the UAE and beyond.

InDebted has appointed Nic Chin as its new Chief Financial Officer, succeeding Lachlan Heussler, to steer the company's ambitious growth plans.

Singapore-based Pepper Cloud has won the Google AI Trailblazers Transformation Award 2024 for its innovative WhatsApp Sales CRM, as it expands into global markets.

ClearGrid has secured USD $10 million to launch an AI-driven debt collection platform in MENA, aiming to transform inefficient practices in the region.

Binance has secured its first institutional investment, a groundbreaking USD $2 billion from Abu Dhabi's MGX, marking a pivotal moment in cryptocurrency.

Researchers from Proofpoint have revealed a sophisticated email-based cyberattack targeting key organisations in the UAE, employing stealthy malware called Sosano.

Dubai's Disrupt.com has unveiled plans to invest USD $100 million in AI startups globally, aiming to boost technological growth amid a challenging funding landscape.

Malabar Gold & Diamonds is set to expand into New Zealand with a NZD $75 million investment, opening three showrooms across the country.

Acronis has revealed a staggering 197% rise in email cyberattacks in H2 2024, highlighting serious vulnerabilities as ransomware groups escalate their tactics.

Kaspersky has uncovered a new Trojan, SparkCat, that stealthily steals sensitive data from app users by scanning image galleries on AppStore and Google Play.

Dubai International Arbitration Centre has teamed up with Opus 2 to launch an innovative arbitration platform, enhancing dispute resolution across the region.

XChain has launched its transaction monitoring services for Virtual Asset Service Providers in the UAE, enhancing compliance and risk management in the sector.

Meta has dismantled over two million accounts linked to global scam centres, collaborating with law enforcement to tackle sophisticated online fraud schemes.

Bain and Company's latest report predicts AI market to grow to $990 billion by 2027, driven by generative AI and sovereign AI ecosystems.

A new Interprefy report reveals that 94% of event planners would consider AI for live translation, indicating a trend towards multilingual support in corporate events.

NVIDIA unveils new NIM microservices for Japan and Taiwan, enhancing AI development with local language models. APAC AI revenue is set to soar to USD $48 billion by 2030.

iManage reports a stellar year with 142 new customers including Linklaters, opening two data centres, and introducing AI-powered features and Microsoft integration.

Freshworks' Global AI Workplace Report reveals that 55% of employees globally are using AI tools, with 70% in APAC region using AI weekly.

Endava has expanded its partnership with Google Cloud to offer tailored AI, cloud modernisation, and app migration services across Australia, New Zealand, and Southeast Asia.

Chatbot market set to surge, projecting USD $4.9 billion growth by 2033, fuelled by customer engagement focus and widespread industrial adoption.