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Driverless WeRide robotaxis for Uber. Courtesy: Uber Uber on Wednesday rolled out fully driverless rides in its fourth market, launching the service in Abu Dhabi in partnership WeRide, a Chinese autonomous vehicle company. The ride-hailing company said the launch in the United Arab Emirates capital represents the first driverless robotaxi service in the Middle East. … Read more
A year after launching a commercial robotaxi service in Abu Dhabi, Chinese autonomous vehicle technology company WeRide and partner Uber can finally call that service driverless. The companies said the commercial robotaxi service, which will no longer have a human safety operator behind the wheel, is open to the public and will start with routes … Read more
Animoca Brands has taken a new step in its regulatory plans after receiving early approval to pursue a fund management license in Abu Dhabi. Summary Animoca Brands received in-principle approval from ADGM’s FSRA to work toward becoming a regulated fund manager. The company will pursue full authorization after meeting capital, compliance, and operational requirements. The … Read more
Key Takeaways Abu Dhabi Airports partners with Al Hail Holding and fintech Xare to develop crypto payment solutions for travelers. The focus is on stablecoin-based payment systems to enhance cashless transactions and traveler convenience. Share this article Abu Dhabi Airports, the operator of major UAE aviation hubs including Zayed International Airport, has partnered with Al … Read more
Omer Taha Cetin | Anadolu | Getty Images A new challenger in the global artificial intelligence race has entered the ring. The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), an AI-focused research university established by the United Arab Emirates, announced on Tuesday the release of a new, low-cost reasoning model to rival OpenAI and … Read more
Hello and welcome to Eye on AI…In this edition: my chat with AI leader Eric Xing…Trump’s AI export plan…drama at the International Math Olympiad…Stargate update…transparency in reasoning. I was excited and curious to meet Eric Xing last week in Vancouver, where I was attending the International Conference on Machine Learning—one of the top AI research … Read more
OpenAI is poised to help develop a staggering 5-gigawatt data center campus in Abu Dhabi, positioning the company as a primary anchor tenant in what could become one of the world’s largest AI infrastructure projects, according to a new Bloomberg report. The facility would reportedly span an astonishing 10 square miles and consume power equivalent … Read more
Key Takeaways Mubadala Investment Company increased its holdings in BlackRock’s spot Bitcoin ETF to 8.7 million shares valued at $408 million. Citadel Advisors expanded its IBIT holdings to over 3 million shares worth approximately $147 million. Share this article New SEC filings reveal that Abu Dhabi’s Mubadala Investment Company and Citadel Advisors have increased their … Read more
A rendering of Disney’s new theme park on Yas Island in Abu Dhabi. Disney A new Disney theme park is coming to Abu Dhabi. The Walt Disney company announced Wednesday that it has reached an agreement with immersive destination and experiences company Miral to bring a park and resort to Yas Island in the United Arab … Read more
In one of the more surreal twists in the ongoing crypto-political soap opera, a $2 billion investment deal in Binance just got an extra dose of intrigue. An Abu Dhabi investment firm is buying a minority stake in the world’s biggest crypto exchange, and the deal is being done in a stablecoin backed by none … Read more
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