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World Blockchain Summit Dubai: Empowering Visions, Uniting Realties and Redefining the Decentralized Frontier

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Dubai preparing for a web3 future with new regulatory frameworks for digital assets and issuance of commercial licenses for web3 projects.

Wednesday, 14 September 2023: World Blockchain Summit, an event by Trescon, returns to Dubai on 1-2 November 2023 at the Address Dubai Marina, with strategic partners like Dubai AI & Web3 Campus by DIFC, the largest cluster of Artificial
Intelligence and Web3 companies in MENA.

World Blockchain Summit serves as the nucleus of blockchain and Web3 innovation, bringing together leading investors, innovators, enterprises, thought leaders, founders, and influencers under one roof to discuss the latest innovations and technologies that are reshaping the blockchain and Web3 ecosystem.

With an established digital landscape, fertile investment ecosystem and innovative workforce, Dubai offers the perfect foundation for blockchain innovators and founders as we look past the 2022 crypto winter. The UAE government is also taking significant
steps with initiatives like, Central Bank Digital Currency Strategy – the Digital Dirham, establishment of Virtual Assets Regulatory Authority (VARA) Dubai, Dubai Blockchain Strategy and Dubai AI & Web3 Campus by DIFC, which announced specialised
commercial licenses for AI and Web3 projects, that further boost the implementation of blockchain-based solutions and digital asset proliferation in the economy.

The summit is bringing together 2,000+ web3 decision makers and also features the regional finale of the Startup World Cup organised by globally renowned US-based venture capital firm Pegasus Ventures, giving the winner the opportunity to pitch at the
global finals hosted in San Francisco and a chance to win US$ 1 million in funding.

#WBSDubai boasts engaging keynote speeches, use-case presentations by leading blockchain visionaries and experts, and insightful panel discussions on critical topics that dominate the space today. The key pillars of discussion at the summit include Web3 regulations, NFTs in music and entertainment, Web3 gaming, privacy in blockchain, tokenomics and more.

Amongst the notable speakers at the event are:
• Julian Banks, CEO, Univox
• Amna Al Owais, Chief Registrar, DIFC Courts
• William Bao Bean, Managing Director, Orbit Startups
• Miriam Kiwan, Vice President, MEA, Circle
• Hasnae Taleb, Member of The American Chamber of Commerce| Partner & CIO – Ento Capital |TV Personality & Influencer, AmCham Abu Dhabi
• Arpit Sharma, Managing Director, Middle East, India, South East Asia
• Bill Qian, Chairman, Cypher Capital
• Aly Madhavji, Managing Partner, Blockchain Founders Fund

“Dubai has proven itself as a global hub of innovation and technology, and the encouragement and implementation of key blockchain-based solutions are set to drive the national economy forward. At Trescon, we are committed to supporting our global
cohort of founders, startups and innovators and facilitating their access to qualified investors, enterprise stakeholders and regulators though initiatives like the World Blockchain Summit. This summit is the perfect opportunity for top blockchain leaders
and experts to share their insights and latest innovations that can redefine the blockchain landscape.” notes Sharath Ravi, CMO, Trescon.

The registration for the World Blockchain Summit Dubai is now open. Don’t miss the opportunity to book the early bird tickets today and gear up for yet another exciting blockchain and crypto event of the year.

About World Blockchain Summit (WBS)
World Blockchain Summit (WBS) is an event by Trescon that supports the growth of the blockchain, crypto and Web3 ecosystem globally.

WBS is the world’s longest-running blockchain, crypto, and web 3-focused summit series. Since our inception in 2017, we have hosted more than 20 editions in 11 countries as we strived to create the ultimate networking and deal flow platform for the Web3
ecosystem. Each edition brings together global leaders and emerging startups in the space, including investors, developers, IT leaders, entrepreneurs, government authorities, and others.

About Trescon
Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership. With a deep understanding of the realities and requirements of the growth markets we operate in – we strive to deliver innovative and high-quality business platforms for our clients.
To book your tickets, visit: https://bit.ly/special-access-wbs-dxb-pr1
For inquiries, Contact: comms@worldblockchainsummit.com

For media inquiries and further information, please contact:
Shadi Dawi
Director, Public Relations & Partnerships – MENA
shadi@tresconglobal.com
+971 55 498 4989

SOURCE: Trescon

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Elon Musk says xAI’s chatbot ‘Grok’ will launch to X Premium+ subscribers next week

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The introduction of ‘Grok’ by xAI, spearheaded by Elon Musk, marks a pivotal moment in AI conversational technology. Unveiled initially to a select group of testers on November 4, Grok is engineered to exhibit a distinct personality, infused with wit and a rebellious nature, distinguishing it in the competitive landscape of AI chatbots.

The integration of Grok into xAI’s web application was discovered through app research, indicating its readiness for launch. This integration aligns with Musk’s strategy to enhance X’s Premium subscription service, now segmented into three tiers to attract a diverse user demographic.

Also Read : New Phishing Scam in China Targets Crypto Users Through Bogus Skype App

Grok’s unique selling point is its capability to access real-time knowledge through the X platform. However, this feature brings into question the accuracy of its responses. The timing of Grok’s launch is particularly notable, coinciding with a period of significant changes within the AI industry, including leadership shifts at OpenAI and Musk’s subsequent departure from the company. Musk’s venture into AI with xAI and the launch of Grok underscore the escalating competition in this sector. Grok stands at the cusp of potentially transforming the conversational AI platform landscape.

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Sam Altman Joins Microsoft: A New Era of Innovation Begins

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In a significant development for the tech industry, Sam Altman, a renowned expert in artificial intelligence and machine learning, has officially joined Microsoft. This move signals a strengthening of Microsoft’s commitment to innovation and technology leadership in the digital age.

Satya Nadella, Microsoft’s CEO, warmly welcomed Altman on Twitter, expressing enthusiasm for the expertise and vision he brings to the company. In his tweet, Nadella emphasized that Altman’s deep understanding of AI and machine learning will be instrumental in driving Microsoft’s initiatives forward, particularly in areas like cloud computing, enterprise solutions, and AI-driven applications.

Altman’s career has been marked by substantial contributions to the field of AI, with a focus on ethical and responsible AI development. His work has spanned both academic and industrial spheres, making him a respected figure among peers and industry leaders alike.

At Microsoft, Altman is expected to play a pivotal role in shaping the company’s AI strategy. This includes enhancing Microsoft’s Azure AI capabilities and integrating AI more deeply into Microsoft 365 and other key products. There’s also anticipation that Altman will be instrumental in advancing Microsoft’s sustainability initiatives, leveraging AI for environmental solutions.

The tech community has reacted positively to this news, with many seeing Altman’s appointment as a step towards more innovative and ethically conscious AI development. Analysts predict that his influence will extend beyond Microsoft, setting new standards in the tech industry for responsible AI practices.

Altman’s joining comes at a time when Microsoft is aggressively expanding its AI portfolio, recently marked by significant acquisitions and partnerships. With his expertise, the company is poised to accelerate its growth and redefine the boundaries of what’s possible in AI and technology.

Also Read : Sam Altman Departs from OpenAI Amidst Board Concerns

In conclusion, Sam Altman’s arrival at Microsoft is more than just a high-profile hiring; it’s a testament to the company’s vision for the future of technology, where innovation and ethical responsibility go hand in hand. As the industry watches closely, Microsoft is set to embark on a new chapter of technological excellence and leadership.

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Sam Altman Departs from OpenAI Amidst Board Concerns

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In a surprising turn of events, Sam Altman, the CEO of OpenAI and a prominent figure in the artificial intelligence (AI) arena, has been ousted from his position. The announcement comes following a period of intensive scrutiny and review by the OpenAI board, which expressed concerns over Altman’s transparency in his communications with them.

The decision, detailed in a recent OpenAI blog post, indicates that the board’s confidence in Altman’s leadership waned due to inconsistencies in his communication. This issue reportedly hindered the board’s ability to effectively oversee the company’s operations and strategic direction. “Following a thorough and deliberate review process, the board concluded Mr. Altman was not consistently forthright in his interactions, leading to a loss of trust,” stated the post.

In the wake of this development, Altman has been active on social media, particularly on Twitter, sharing his thoughts and reflections on the situation. His tweets, often reflective and philosophical, have sparked conversations among the tech community and his followers, shedding light on his perspective on the unfolding events.

Apart from his role at OpenAI, Altman has been a key figure in influencing AI policy at the national level. He has actively engaged with government officials, including personal meetings with President Joe Biden and other influential CEOs. Altman’s testimony in a Senate Judiciary subcommittee earlier this year was particularly noteworthy, where he emphasized the need for legislative measures to control the risks associated with AI. His advocacy for a licensing regime for entities developing advanced AI models has been a significant part of his efforts to shape AI policy.

This legislative push aligns with bipartisan efforts in the Senate Judiciary, which introduced a framework in August for an independent licensing system for sophisticated general-purpose AI models. Altman’s involvement in these policy discussions underscores the critical intersection of AI technology and regulatory frameworks.

Also Read: OpenAI Temporarily Suspends ChatGPT Plus Registrations Amid Overwhelming Demand

The departure of Altman from OpenAI marks a significant shift in the leadership of one of the leading organizations in the AI field. It also highlights the complex challenges that companies face in balancing innovation with governance and ethical considerations. As the AI landscape continues to evolve, the role of leaders like Altman in shaping both technological advancement and public policy remains crucial.

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