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.

Published

3 years ago

July 19, 2023

Nour Nasir

Meta

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.

Related Topics:Artificial Intelligence Meta Microsoft

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NEOPAY Wants To Follow Merchants Across Channels And Borders

A controlling 65% stake in noon payments would give NEOPAY access to marketplace sellers, online merchants and the payment flows they generate.

Published

1 day ago

October 5, 2026

Nour Nasir

neopay wants to follow merchants across channels and borders

It’s been a long time since checkouts were single defined places. A merchant might take payments at a physical register, on its own website and through an online marketplace, sometimes in more than one country. NEOPAY wants to follow those transactions wherever they happen.

The UAE payments company has entered into an agreement to acquire a 65% controlling stake in noon payments. NEOPAY already runs the acquiring infrastructure that lets merchants accept card payments, along with omnichannel acceptance and a merchant services platform. This new deal would add noon payments’ embedded payments platform, e-commerce gateway and merchant network across the UAE, Saudi Arabia and Egypt. That would considerably expand both NEOPAY’s digital commerce capabilities and its regional reach.

For merchants, the attraction is a single provider for online and in-store payments, plus faster settlements, data and analytics, and value-added financial services.

“Payments should be simple, reliable, and built for the markets they serve,” said Faraz Khalid, CEO of noon. His counterpart at NEOPAY, Vibhor Mundhada, added: “We have built a strong payments business in the UAE, and our ambition is now to take that capability across the region”. The acquisition, Mundhada added, would “expand our footprint into Saudi Arabia and Egypt” while reinforcing NEOPAY’s position at home.

Also Read: In Kuwait, Your Surgeon Might Be Operating From Another Country

NEOPAY is also keen to point out potential payment volume increases. The company says noon payments’ integrations with marketplace sellers and online merchants create high transaction density in some of the region’s fastest-growing digital commerce segments. It also believes control of the business would give it access to those merchant relationships and payment flows, and speed up the rollout of alternative payment methods and installment options.

The combined roadmap targets faster merchant onboarding, better payment performance, tighter fraud controls and embedded financial services. The deal could also strengthen cross-border payments and settlement along key regional commerce corridors.