Business

Abu Dhabi sets up investment firm to achieve AI ambitions
-
17 March, 2024

Abu Dhabi sets up investment firm to achieve AI ambitions

UAE's newly formed investment company, MGX, has three core objectives to drive AI adoption and innovation—develop AI infrastructure, explore AI...
Sony Bank unveils US green security token, CONNECT app for NFTs and Web3
-
17 March, 2024

Sony Bank unveils US green security token, CONNECT app for NFTs and Web3

Sony Bank's NFT and Web3 app will be commercially available for Android users and will rely on Sony's private blockchain;...
BNY Mellon, Goldman Sachs lead 45 institutions in testing interbank blockchain network
-
16 March, 2024

BNY Mellon, Goldman Sachs lead 45 institutions in testing interbank blockchain network

Developed by Digital Asset Holdings, the Canton Network simulated 350 transactions on blockchain across tokenization, securities lending, digital cash, and...
AI makes significant foray into agriculture, expected to reach $10B by 2032
-
16 March, 2024

AI makes significant foray into agriculture, expected to reach $10B by 2032

While AI adoption is being seen in enterprises, it is also gradually growing in the global agricultural sector, which is...
Russia: New law greenlights digital assets use for cross-border payments
-
16 March, 2024

Russia: New law greenlights digital assets use for cross-border payments

The provisions of the newly minted law reveal that only tokenized assets issued by the Bank of Russia are authorized...
Meta lays out predictions on enterprise applications for metaverse and AI in 2024
-
15 March, 2024

Meta lays out predictions on enterprise applications for metaverse and AI in 2024

In a blog post, Meta outlines several use cases of metaverse and AI in fitness and wellness while keeping an...
Advertisement