Latest News for: Abu dhabi hardware

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Microsoft to invest $1.5bn in Abu Dhabi AI group G42

The Irish Times 16 Apr 2024
Microsoft has agreed to invest $1.5 billion in Abu Dhabi artificial intelligence group G42, its latest big bet on the technology that underscores deepening collaboration between the US and United Arab Emirates.
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ME emerges as a big player on global crypto scene

Gulf Today 17 Mar 2024
 More specifically, Oman and Abu Dhabi seem to be well positioned to expand in the Bitcoin mining sector from a hardware standpoint as they have recently acquired a stake in Crusoe Energy ...
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Drone traffic light and 'smart hat' unveiled at World Police Summit in Dubai

The National 06 Mar 2024
“Both hardware and software components of this technology were developed in-house by Abu Dhabi Police,” said Maj Mohammed Al Hosani from Abu Dhabi Police’s innovation section.
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Magnati enters into partnership with Oxinus Holdings

GCC Business News 03 Jan 2024
Oxinus Holdings is an Abu Dhabi-based technology group specialized in innovative software and hardware solutions for consumers, businesses, and governments ... Ramana Kumar. CEO – MagnatiF&B payment solutions in UAE ... Mr ... Pilafas added. Top Picks .
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Phoenix Group secures $380M deal for sustainable Bitcoin mining equipment

Cryptoslate 07 Dec 2023
Bitcoin (BTC) miner Phoenix Group secured a $380 million hardware deal from Whatsminer less than two days after its stock debuted on the Abu Dhabi Securities Exchange (ADX).
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Bitcoin hovers above $43,000 after 'jet-fueled' 16% six-day jump

Gulf News 06 Dec 2023
Its 2023 rebound from last year's crypto rout now stands at 163 per cent ... BlackRock Inc ... 'Kimchi Premium' ... In Abu Dhabi, crypto mining hardware retailer Phoenix Group Plc jumped 35 per cent on its debut on Tuesday ... .
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Bitcoin briefly passes $44,000 as 'jet-fuelled' jump continues

The National 06 Dec 2023
Its rebound from last year’s crypto rout now stands at 165 per cent ... READ MORE. Has Bitcoin risen from the dead - again? ... In Abu Dhabi, crypto mining hardware retailer Phoenix Group jumped 35 per cent on its debut on Tuesday ... December 06, 2023, 4.46 AM.
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Middle East’s crypto revolution begins with Phoenix Group’s stunning market entry

Cryptopolitan 05 Dec 2023
Phoenix Group Plc, a prominent name in cryptocurrency mining hardware, experienced a meteoric rise in its stock value on the Abu Dhabi Securities Exchange (ADX) ... on the Abu Dhabi Securities Exchange.
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Dubai restarts privatizations after a year with Taxi IPO

Live Mint 13 Nov 2023
Phoenix Group, a cryptocurrency mining hardware retailer, announced its Abu Dhabi IPO of as much as $370 million on Friday.Also Read.
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Fine Hygienic Holding earns Guinness World Record for its paper mill in Abu Dhabi

Gulf News 26 Oct 2023
In fact, Fine Hygienic Holding was recently recognised by Guinness World Records for operating the fastest and most efficient tissue paper mill in the world, at our factory premises in Abu Dhabi.
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Saudi-Israeli romance? It’s complicated

The Electronic Intifada 05 Sep 2023
Abu Dhabi’s reputation in the region – where normalization with Israel is still deeply opposed – has also taken a hit ... Such criticisms may carry little weight in Abu Dhabi, but they might carry a little more weight in Riyadh.
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Crypto mining hardware retailer Phoenix Technology mulls IPO in UAE: Report

The Coin Telegraph 28 Jul 2023
A mainstream media report highlighted that the mining hardware firm Phoenix Technology is planning to go public in Abu Dhabi, UAE ....
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Giant 6.5 Feet AI Supercomputer Breaks Ground For Silicon Valley Startup

Cryptopolitan 22 Jul 2023
The supercomputer, operational for just a month, was built for G42, an AI company based in Abu Dhabi ... G42, the Abu Dhabi-based AI company, partnered with Cerebras in 2021, utilizing a Cerebras system to train an Arabic version of ChatGPT.
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An AI supercomputer whirs to life, powered by giant computer chips

The Spokesman-Review 22 Jul 2023
Cerebras, which is based in Sunnyvale, California, was founded in 2016 by Feldman and four other engineers, with the goal of building hardware that speeds up AI development ... G42, the Abu Dhabi company, started working with Cerebras in 2021.

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