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Dubai Plans 100,000 Square Foot AI & Web 3.0 Campus
The initiative will bring $300 million in investment and create more than 3,000 jobs over the next five years.
On Monday, Dubai International Financial Centre (DIFC) announced plans to create the largest cluster of artificial intelligence companies and tech startups in the MENA region. The initiative will be known as the “Dubai AI & Web 3.0 Campus” and has been given the go-ahead through directives by the First Deputy Ruler of Dubai, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, who also acts as Deputy Prime Minister and Minister of Finance for the UAE, and President of the DIFC.
Over the next five years, the Dubai AI & Web 3.0 Campus will expand to over 100,000 square feet and become a haven for entrepreneurs, tech disruptors, developers, and anyone passionate about emerging technologies. The campus will be constructed with a world-class digital infrastructure while including R&D facilities, shared workspaces, and giving access to accelerator programs to build and scale AI companies.
Governor of the DIFC, Essa Kazim, was enthusiastic about the recent announcement, noting that: “DIFC’s 2030 strategy is central to shaping the future of finance and innovation. AI is expected to inject Dh103 billion into the UAE economy by 2035 and contribute 14 percent to the country’s GDP by the decade’s end. The Dubai AI & Web 3.0 Campus will significantly contribute to this growth as a global nexus for R&D, investment, and innovation by attracting over $300 million in collective funds, 500+ global AI and Web 3.0 startups, and creating 3000+ jobs by 2028”.
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Investors and government officials hope the new initiative will catalyze local growth, attracting global startups, innovators, and industry leaders to the site and establishing a thriving local tech industry.
By seamlessly integrating physical and virtual infrastructures, the Dubai AI & Web 3.0 Campus could eventually become a preferred headquarters for leading Web 3.0 and AI companies and venture capitalists operating in the MENA region.
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Meet Yango Play’s My Vibe: A Real-Time Personalized Music Stream
The entertainment super app now boasts a unique feature that adapts to user music preferences during listening.
Yango Play, the AI-driven super app combining video streaming, music, and games, has introduced a feature in its music section known as My Vibe. The new playlist tool dynamically adapts to a listener’s song choices in real time, identifying changing preferences and mood shifts immediately.
My Vibe works by harnessing an advanced AI algorithm that analyzes over a thousand variables about a user’s behavior and the content. The result is a potentially endless stream of curated tracks, artists, and genres that align perfectly with a user’s preferences, mood, and historical song choices. The new feature can identify when a track is skipped or not completed and continually refines the listening experience in real time.
Roman Shimansky, Yango’s MENA Region Business Director, explained the benefits of the new feature: “My Vibe excels at sparking a range of emotions, providing that delightful surprise when you encounter a track for the first time and instantly know you’ll love it. With My Vibe, there’s no need to toggle between your favorite tunes and new tracks or waste time choosing playlists. Everything you need is accessible with just one touch”.
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My Vibe uses neural models to understand the evolving musical interests of its users. The sophisticated tool studies track, analyzing their spectrograms, frequency ranges, rhythm, vocal tone, and much more. With all that information in place, the algorithm then searches for tracks with similar parameters, suggesting them to listeners based on likes, dislikes, and even other users with similar tastes.
Since being released in the MENA region in February, the Yango Play app has proved popular across the region. The service boasts music for every mood and genre imaginable and streams the latest Arabic and Khaleeji hits in expertly curated playlists, helping users discover rising local talent across genres.
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