A potential UAE investment in OpenAI’s plans to create in-house semiconductor chips is on the horizon, indicating a growing interest in AI ventures from investors in the region.
UAE News
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The United States and South Korea have been fighting for Kwon’s extradition since he was arrested in March 2023.
4621The memorandum of understanding includes the establishment of a Tencent Cloud training center for skill development and education at RAK DAO.
2206The Sui Foundation’s Greg Siourounis shared that seven out of 10 students in an idea presentation event had blockchain as a part of their solutions.
5064OpenAI is reportedly seeking trillions in funding for AI chip development, aiming to overcome the scaling constraints of the company and overall chip scarcity.
4563Abu Dhabi Global Market has been expanding rapidly. Solana isn’t doing badly lately, either.
12874Cointelegraph reached out to OTC service providers from two different areas of the world to learn more about the role of OTC crypto trading hubs in the crypto ecosystem.
2385The mBridge platform is a multinational collaborative effort using CBDCs for cross-border transactions.
12218The newly established council will develop and implement artificial intelligence policies applied to research, infrastructure and investments.
5700The deal to purchase mining machines from Bitmain Development PTI Ltd was made through a related party, Cypher Capital DMC.
9921UAE’s Financial Services Regulatory Authority has updated its AML and sanctions rules with new elements related to digital assets.
2612Ghaf Capital managing partner Feras Al Sadek argued that the UAE’s “regulation by education” sets it apart from other jurisdictions.
2343AYA is a climate-focused launchpad that supports innovations around sustainability, such as reforestation, nature credits, mangrove conservation and sustainable agriculture.
2160Former Binance CEO Changpeng Zhao, who pleaded guilty to one felony count in the U.S. in November, may not be able to return to the UAE before being sentenced.
2447Phoenix Group is acquiring hydro cooling mining equipment from WhatsMiner worth over $136 million, with the option of an additional $246-million purchase.
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