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Abu Dhabi AI Company Aims To Create Global Tech Hub

Backed by the Advanced Technology Research Council, AI71 seeks to democratize access to AI using the UAE’s Falcon large language model.

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abu dhabi ai company aims to create global tech hub
Emirates News Agency

Abu Dhabi’s Advanced Technology Research Council has launched a new artificial intelligence company known as AI71 in a bid to become a global hub for the emerging technology.

The new entity will democratize access to AI and is built using the Falcon large language model developed by the research council’s Technology Innovation Institute.

abu dhabi ai71 launch event

AI71 will soon be taken to market by commercialization arm VentureOne and was formally launched by Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi.

abu dhabi ai71 launch event promo

The company is designed to cater to medical, legal, education, and government fields, with “many others” to come, according to Faisal Al Bannai, secretary general of the council:

“By creating AI71, [the company] becomes a major part of driving AI use across multiple sectors. So, it increases our efficiency and ability to be much more productive and competitive globally. We will not be shy in our objectives. We will not be humble in our goals. We are determined to be a key player in shaping where AI is going globally. AI71 will play a pivotal role in this journey”.

Also Read: How (And Why) To Start A Tech Business In Dubai

AI71 has already signed an agreement with the Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, Omar Al Olama, and local start-up ecosystem Hub71. Meanwhile, the company will join forces with major global corporations, including Amazon Web Services, PwC, World Wide Technology, and CNTXT.

Generative AI holds enormous economic potential. As investments in the sector continue to grow, Gulf countries are expected to generate $23.5 billion by 2030. The UAE has already made great strides in AI after recently unveiling the world’s largest Arabic natural language model.

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Adobe Teases New AI Editing Tools And Updates In Premiere Pro

The video editing app will be enhanced with a generative extend tool, text-to-video, improved timeline waveforms, and more.

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adobe teases new ai editing tools and updates in premiere pro
Adobe

After launching the generative AI model Firefly last year, Adobe is now showcasing how the technology will be used in upcoming versions of the editing app Premiere Pro. In an early sneak peek, the company demonstrated several new features, including Object Addition and Removal, Generative Extend, and Text to Video.

The first new feature, Generative Extend, targets a common video editing problem by using AI to “Seamlessly add frames to make clips longer, so it’s easier to perfectly time edits and add smooth transitions”.

Meanwhile, Premiere Pro’s Object Addition & Removal tool will leverage Firefly’s generative AI to “Simply select and track objects, then replace them. Remove unwanted items, change an actor’s wardrobe or quickly add set dressings such as a painting or photorealistic flowers on a desk,” Adobe states.

Adobe also showcased another new feature that can automatically generate new film clips using a text prompt. To use the content creation tool, editors can “Simply type text into a prompt or upload reference images. These clips can be used to ideate and create storyboards, or to create B-roll for augmenting live action footage,” Adobe explained. The company seems to be commercializing this particular feature extremely quickly, considering generative AI video only appeared a few months ago.

Also Read: UGREEN Unveils Nexode RG 65W Charger For Middle East

The new additions to Premiere Pro will be added later this year, but Adobe is also introducing smaller improvements to the editing app in May. The changes include interactive fade handles to enable easier transitions, an Essential Sound badge that uses AI to “automatically tag audio clips as dialogue, music, sound effects or ambience, and add a new icon so editors get one-click, instant access to the right controls for the job”, along with effect badges and a new look for waveforms in the timeline.

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