In the wake of the technological industry, information technology and artificial intelligence are mere buzzwords that are often applied interchangeably. There's no doubt that artificial intelligence has proven its supremacy by reviving the space of information technology. After all, isn't it amazing how integration has revolutionized the IT industry into smart systems in the blink of an eye? Presently, the scope of Information Technology is unbeatable since it's all about software, data transmission systems and digital gadgets. Whether it's an LED display at Hikvision in Dubai or video wall suppliers in another state, this incorporation needs no introduction.
Cruise is making good on its promise to launch an autonomous driving service in Dubai. Just a few weeks after the General Motors-backed AV company officially launched its commercial driverless operations in San Francisco, Cruise has sent two of its autonomous Chevrolet Bolt electric vehicles to Dubai to begin mapping the city in preparation for a planned launch in 2023, according to Dubai's Roads and Transport Authority (RTA). Last April, Cruise signed a partnership agreement with the RTA to open a robotaxi service there as part of UAE ruler Sheikh Mohammed bin Rashid Al Maktoum's vision to convert 25% of total transportation trips in Dubai to self-driving trips by 2030. After a "comprehensive, multi-year process to choose the best possible partner," Cruise was chosen as Dubai's exclusive robotaxi provider until 2029. The two Chevy Bolts, which began mapping operations Sunday, will initially be deployed in the Jumeirah area of the city, a residential strip along the beach, and driven by humans with special training.
The Dubai Metaverse Strategy was launched with the goal of making Dubai one of the top ten metaverse economies and a global hub for the metaverse community. His Majesty Sheikh Hamdan bin Mohammed emphasised the importance of consolidating Dubai's status as a hub offering the most advanced metaverse ecosystem and as a global leader in adopting digital solutions, which reflects His Highness Sheikh Mohammed bin Rashid Al Maktoum's ambitious vision of transforming the emirate into a global capital of advanced technologies, primarily artificial intelligence (AI) and Web3. The strategy aims to build on Dubai's success in attracting over 1,000 blockchain and metaverse companies. It also promotes Dubai's goal of supporting over 40,000 virtual jobs by 2030. This would further boost Dubai's economy and support the UAE government's goal of tripling the current number of blockchain companies.
Realiste, a leading AI developer in the real estate market has finally launched in the Middle East, changing the real-estate and housing landscape using the latest advanced technologies within all operations. Realiste is an AI-based real estate market development company committed to providing users with accurate and timely market value appraisals. The company's mission is to digitise the real estate market of every major city across the world, while offering free access to appraisals and personalised recommendations. Since launching in December 2021 it has established operations in Riyadh, Dubai, London, New York, and Moscow and are planning more expansions in the next year. Realiste has successfully fielded an application capable of monitoring the market round-the-clock and displaying the true value of real estate, as well as predicting price movements of properties for the next 6 to 12 months.
Dubai: In the last decade the MENA region has proved to be one of the world's most lucrative fields for the deployment of AI technologies. Realiste, a leading AI developer in the real estate market has finally launched in the Middle East, changing the real-estate and housing landscape using the latest advanced technologies within all operations. Realiste is an AI-based real estate market development company committed to providing users with accurate and timely market value appraisals. The company's mission is to digitize the real estate market of every major city across the world, while offering free access to appraisals and personalized recommendations. Since launching in December 2021 they have established operations in Riyadh, Dubai, London, New York, and Moscow and are planning more expansions in the next year.
With a GDP of AED 1.5 trillion in 2020, the UAE's economy is the fifth-largest in the Middle East. The UAE economy, which was once reliant on oil exports, is now increasingly dependent on earnings from petroleum and natural gas. Economic diversification has occurred in recent years, particularly in Dubai. According to studies, the worldwide number of internet-connected devices is predicted to reach 1 trillion by 2030, with the UAE alone expected to achieve this amount by 2050. As a transit country between the East and the West with a pro-business environment, the UAE has become a technology powerhouse for the Internet of Things in all fields, enabling digital transformation in airports, freight, and logistics.
DUBAI: Six years after the Dubai Roads and Transportation Authority laid the roadmap for driverless vehicles by 2030, smart mobility has swept the landscape with intelligent concepts that are changing the region's social infrastructure. The move has already spurred sustainable cities into high gear with smart transportation such as autonomous shuttles, e-bikes and e-buggies set to own the roads. An excellent example of a fully-integrated residential project is Sharjah Sustainable City. This eco-friendly concept is powering a net-zero energy community with energy-efficient villas that promise to offer sustainable living at no extra cost. Developed by Sharjah Investment and Development Authority in partnership with Diamond Developers, the sustainable city will host the best green technology, including solar-powered smart homes, bio-domes for vertical farming, electric vehicle chargers, driverless shuttles and a biogas plant. "The UAE is the first country in the Gulf Cooperation Council to commit to net-zero by 2050; all growth and development must align with that commitment, which means we have to do our bit," Karim El-Jisr, chief sustainability officer, SSC, told Arab News.
During the meeting, a presentation was made featuring the City Brain system for developing the public transport network planning, which RTA intends to implement this year in cooperation with Alibaba. The system, which is meant for managing urban traffic systems, uses AI and advanced algorithm to analyse a massive number of big data captured from nol cards, buses and taxis in operation as well as the Enterprise Command and Control Centre. Then it converts the data into information useful in sending instant notifications about the revised bus schedules and routes. The system is expected to improve the bus ridership by 17 per cent, reduce the average waiting time by 10 per cent, and shorten the journey time and the average bus use by five per cent.