News
Meta & Microsoft Release AI Language Tool For Commercial Use
The open-source AI model, called Llama 2, will be available through the Azure AI catalog and Amazon Web Services, as well as in a standalone Windows version.
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Meta and Microsoft have partnered to create Llama 2, a “next-generation large language AI model” for commercial and research applications. Llama 2’s open-source code places greater importance on responsibility and includes a reasonable use guide, plus an acceptable use policy to prevent criminal applications, misleading information, and spam.
Meta is releasing pre-trained and conversation-oriented versions of Llama 2 for free. Meanwhile, Microsoft is making the AI tool available through the Azure AI catalog to use with cloud tools, including content filtering. Llama 2 can also run directly on Windows PCs and will be available through outside providers such as Amazon Web Services and Hugging Face.
Major rivals like the popular OpenAI GPT-4 are often locked down for greater subscription or licensing revenue, but Llama 2’s Open Source code lets companies customize the AI technology for their own purposes — such as chatbots and image generators — while providing a way for outsiders to check for biases, inaccuracies, and operating flaws.
Also Read: The Largest Data Breaches In The Middle East
For Microsoft, Llama 2 is an important project in the fight against AI rivals — notably Google. Microsoft already uses OpenAI systems in Azure and Bing, so the latest Meta collaboration should give business customers greater choice, especially if they’re interested in fine-tuning an AI model to suit more specialist needs.
News
Yabi Introduces AI Financial Coach For Smarter Money Moves
The app provides real-time, personalized financial guidance, helping UAE residents manage money smarter, reduce debt, and build wealth effortlessly.
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Imagine having 24/7 access to an expert financial advisor — someone who understands your spending habits, helps you save more effectively, and offers guidance for every financial decision. That’s the vision behind Yabi’s revamped platform, an AI-driven finance app designed to transform personal finance management in the UAE.
Unlike traditional budgeting tools, Yabi acts as an always-available AI advisor, analyzing your unique spending patterns and offering real-time, tailored financial advice. Whether you’re making everyday purchases, planning a big trip, or saving for a major milestone, Yabi keeps you on track and helps you make informed financial choices.
Rakhil Fernando, CEO of Yabi, explains the mission behind the platform: “Financial literacy is not optional — it’s essential. But most financial tools today feel outdated and overly complex. Yabi is here to change that by offering AI-powered financial coaching that’s smart, simple, and accessible to everyone in the UAE”.
Here are some of the updated app’s new features:
- AI-Powered Financial Coach: A 24/7 digital advisor providing real-time financial guidance based on your spending habits and available in multiple languages.
- Live Insights: Connect your bank accounts for a detailed breakdown of your expenses.
- Tailored Budgeting: Yabi creates a budget that fits with your actual spending habits rather than generic financial advice.
- Interactive Financial Education: Learn the essentials of saving, investing, and credit management through engaging content integrated into the AI experience.
- Automated Expense Tracking: Receive instant alerts on overspending, identify hidden charges, and cut unnecessary subscriptions with ease.
- Credit Score & Financial Health Monitoring: Get free credit score checks and AI-driven recommendations to enhance your financial standing.
Also Read: A Guide To Digital Payment Methods In The Middle East
Finally, Yabi is also gearing up to introduce its own debit card and a suite of financial products, making it easier to save, spend, and invest within a single platform.
Want to try Yabi for yourself? You can download the app on the Apple App Store and Google Play Store.
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