An artificial intelligence company from the UAE known as G42 is working on several ChatGPT-powered platforms. The organization’s CEO Peng Xiao announced during a recent press conference that they were “working on the largest Arabic-language model” and noted that although “Arabic is a major body of language in the world, it is not served at all by the big players in the industry”.
G42 has also begun work on GovGPT, a chat service that will help find answers to government-related search queries, and ClimateGPT, a tool to “help the population be more engaged and participate in the climate programs we’re championing”.
Although Xiao didn’t reveal an exact date for the release of the new ChatGPT platforms, he did address AI’s potential impact and future regulation.
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“The way to better regulate it is not to say ‘stop, don’t do anything, let’s figure this out’. The way to do this is to do more sandboxes, more cutting-edge experiments, with transparency, like we’re about to do with Toto Wolff’s F1 team, and involve regulators and governments to see what we are doing”.
Founded in Abu Dhabi, G42 has a global footprint and a team of 2,700 AI experts who provide solutions for molecular medicine, space travel, and more. The company recently made headlines when it partnered with Mercedes-AMG Petronas F1 to provide data and insights to improve the team’s performance.
Yalla!Hub Forms New Partnership With WEE Marketplace
The collaboration will accelerate e-commerce digitalization and allow for speedy deliveries across the Gulf countries.
After raising $6 million to expand into Saudi Arabia and Qatar, Yalla!Hub is now set to collaborate with WEE to facilitate the sale of products through both YallaMarket and the WEE marketplace. The companies plan to enhance the GCC e-commerce market using a range of innovative solutions for sales and delivery, presenting new opportunities for Emirati-based and foreign suppliers.
“This collaboration with WEE Marketplace signifies a major step forward in our mission to revolutionize e-commerce through digitalization in the UAE and GCC, making market entry and operations smoother both for customers and businesses. With this partnership, we’re able to extend the reach of brands to a wider audience,” explained Leo Dovbenko, CEO of Yalla!Hub.
Meanwhile, new partner WEE is uniquely positioned in the UAE and already well known for fast delivery services. The company’s WEE Marketplace will soon feature goods from Yalla!Hub on their platform, empowering Dubai shoppers with 1-hour delivery windows and a next-day service across the rest of the Emirates.
“WEE Marketplace and Yalla!Hub are absolute leaders of the UAE fast e-commerce market, and this partnership opens new horizons for brands, allowing them to enter at once both platforms. We choose the brands very carefully, aiming to give the best products to our customers,” said Anastasia Kim, CEO and co-founder of WEE marketplace.
The Emirati e-commerce market has now reached a value of nearly $13 billion and is expected to grow to $20 billion by 2027. Express deliveries account for 5.5% of total merchandise turnover, which currently stands at around $700 million. Among the express delivery categories, cosmetics, pharmaceuticals, flowers, and groceries lead the way.