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Countdown to World Blockchain Summit Dubai 2023 Begins!

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Dubai is paving the way for a Web3 future by implementing a robust regulatory framework for digital assets and offering commercial licenses for Web3 projects.

{29 October 2023, DUBAI}: The countdown has begun as the World Blockchain Summit returns, scheduled for November 1st-2nd, 2023, at the Address Dubai Marina, hosted by Trescon. This highly anticipated summit is set to become a major focal point for global web3 and blockchain innovators to take note of the region’s efforts towards a web3-driven future.

With strategic partners, like Dubai AI & Web3 Campus by DIFC, the largest cluster of Artificial Intelligence and Web3 companies in MENA, the summit offers a platform for top-tier web3 investors, enterprises, industry leaders, and entrepreneurs to explore collaboration and investment opportunities while discussing the emerging trends and innovations shaping the industry.

Dubai’s established digital landscape, flourishing investment ecosystem, and innovative workforce create the perfect foundation for innovators and founders as we move beyond the challenges of the 2022 crypto winter. The UAE is playing a pivotal role by implementing initiatives such as the Central Bank Digital Currency Strategy, known as the Digital Dirham, establishing the Virtual Assets Regulatory Authority (VARA) in Dubai, advancing the Dubai Blockchain Strategy, and launching the Dubai AI & Web3 Campus by DIFC. Notably, the campus announced specialised commercial licences for AI and Web3 projects, further accelerating the adoption of blockchain solutions and the proliferation of digital assets within the economy.

The summit will unite over 2,000 web3 decision-makers and will also include the regional finale of the Startup World Cup, organized by the globally acclaimed US-based venture capital firm Pegasus Ventures. The winner of this competition will have the opportunity to present at the global finals held in San Francisco, with the chance to secure a funding prize of US$ 1 million.

Don’t miss out on the opportunity to be a part of #WBSDubai, where forward-thinking ideas and transformative solutions will be shaping the future of the global web3 ecosystem. Engage with leading experts, visionary entrepreneurs, and industry pioneers who are shaping blockchain innovation. This summit will unveil the latest trends and advancements in the field, offering a platform for accessing funding opportunities, expert guidance, and invaluable networking.

Amongst the notable names attending the event:

–       Charles Hoskinson, CEO & Founder, Input Output Global | Cardano

–       Frederik Gregaard, CEO, Cardano Foundation

–       Shogo Ishida, Co-CEO, Middle East & Africa, EMURGO

–       Julian Banks, CEO, Univox

The Summit features engaging keynote speeches, panel discussions, and presentations from some of the leading voices from the blockchain and web3 space. The agenda will cover key topics, including:

–       Value creation in the metaverse

–       NFT market overview: Trends & opportunities

–       Bridging DeFi and CeFi

–       DAOs: A business-building opportunity

–       Regulation of crypto assets and more

Speaking about metaverse and web3 gaming being more than technological shifts but major societal evolutions, Zara Zamani, Chief Solutions Officer, ChoramaWay, Co-Founder of MultiMetaverse and Neoki, said, “As we chart this new territory, let’s ensure our compass is set on innovation, inclusivity, and responsible governance.”

Sharing their excitement about the Summit, Naveen Bharadwaj, CEO, Trescon said, “Dubai’s emergence as a global tech hub is a testament to its forward-thinking approach. At Trescon, we’re at the forefront of this transformation. The World Blockchain Summit is the perfect platform where thought leaders converge, investments flourish, and groundbreaking blockchain projects take flight, defining the global digital economy.”

Registration for the World Blockchain Summit Dubai is still open. Seize the chance to book your slots today and prepare to be a part of another thrilling blockchain and crypto event of the year. Don’t let this opportunity slip away!!

The Dubai edition of the World Blockchain Summit is presented by:

– Lead Sponsor: – Unicoin

– After Party Sponsor: – Legacy Network

– Platinum Sponsor: – Zeebu

– Silver Sponsors: – Qlindo, Core, Sui Galileo Protocol

– Bronze Sponsors: Innes Global, Sastanaqqam, Yardhub, Mimo

– Pitch Partners: Cryptounity, Umma Life

– Association Partner: Arabs in Blockchain

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/get-passes-wbs-dxb-pr3

For inquiries, Contact: wbscomms@tresconglobal.com

For media inquiries and further information, please contact:

Shadi Dawi

Director, Public Relations & Partnership’s – MENA

+971 55 498 4989| shadi@tresconglobal.com

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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