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The UAE Has Launched A Program To Assist 100 Startups

The Future 100 program marks the start of a series of government initiatives aimed at improving the UAE’s future preparedness across multiple sectors.

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the uae has launched a program to assist 100 startups

The United Arab Emirates is already making a name for itself as a startup hub for global tech companies. Now, however, a program has been launched to ensure that the region’s economy is fully future-proofed.

The program, known as Future 100, aims to help 100 prominent startups across a diverse range of technology sectors, including space travel, renewable and carbon-neutral energy, and other emerging tech. As the program develops, it’s hoped that a new economic model will emerge, aligning the UAE with emerging trends and creating a lasting, 50-year impact.

“The Ministry of Economy continues to support innovative future projects that promote the UAE’s global leading position on competitiveness indicators and supports it as an attractive destination for future projects from all over the world. It further enhances its position as a permanent hub for creativity and innovation, securing sustainable growth for the UAE’s national economy and creating new jobs through startups, especially in sectors pertaining to the new economic fields, such as space, renewable energy, fintech, and AI,” says Abdullah bin Touq Al Marri, UAE Minister of the Economy.

Also Read: Hub71’s Startup Ecosystem Now Boasts Over 200 Members

According to other government sources, the UAE Future 100 roadmap emphasizes the improvement of future preparedness. The initiative is meant to symbolize the future orientation of the UAE leadership, focusing on the economic growth of the region, raising the GDP, and boosting the performance of new economic sectors.

Over the past couple of years, the UAE has initiated several programs of this nature with the goal of creating a robust, future-focused economy. The National Program for Artificial Intelligence 2031, the Green Growth Strategy, the Energy Strategy 2050, the Emirates Blockchain Strategy and the Strategy for the Fourth Industrial Revolution are just a few of the initiatives that highlight the region’s lofty goals.

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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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