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💰UAE and Mastercard Partner to Boost AI Capabilities in the Middle East

💻PM Modi Stresses Need for Ethical AI at B20 Summit

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Spencer Schneider, Max Stone & Evan Lindahl
August 28, 2023

💻Hello there, AI fans! 🤖 Let’s jump right into the latest 🗞 in the world of artificial intelligence! Find a comfortable seat 🪑 and prepare for a healthy dose of updates delivered with no shortage of creativity, art 🖼, and wit 😂!

📰WHAT’S NEW!

  • The UAE government and Mastercard have signed a Memorandum of Understanding to increase AI capabilities and readiness in the region.

  • Mastercard has opened a new global Center for Advanced AI and Cyber Technology in Dubai. The center will develop AI-powered solutions to fight financial crime, secure the digital ecosystem, and drive inclusive growth. It will also serve as a hub to nurture and hire local AI talent.

  • The Middle East is undergoing a rapid technological shift, and AI has the potential to address some of the region's most pressing challenges. Mastercard is investing in AI to enhance cybersecurity and user experiences, and to develop new and groundbreaking use cases for generative AI.

  • Indian Prime Minister Narendra Modi called for a global framework for cryptocurrency and artificial intelligence at the B2O summit. He stressed the need for ethical AI and said that technology disruption is happening at a rapid speed.

  • India has been a relatively latecomer to the AI race, but the country is now making rapid progress in this area. The government has launched a number of initiatives to promote AI development, and Indian companies are increasingly investing in AI research and development.

  • The B20 Summit was attended by over 1700 business leaders and experts from across the world. The theme of the summit was R.A.I.S.E., which represents Responsible, Accelerated, Innovative, Sustainable and Equitable Businesses.

  • Museums that focus on racial violence and antisemitism are using holograms, artificial intelligence and virtual reality to allow visitors to have simulated "conversations" with Holocaust survivors and hear the words of enslaved people.

  • The use of technology such as generative AI to create immersive displays is aimed at fighting bigotry, but it also comes amid rising concern that AI can fuel racism by amplifying bias from human-generated content on the internet.

  • The Illinois Holocaust Museum & Education Center in Skokie, Ill., and The Legacy Museum: From Enslavement to Mass Incarceration in Montgomery, Ala., are among the institutions aggressively deploying new technology to vividly tell harrowing aspects of history.

🛠️AI Tools of the Week

 👨‍💻 Notion AI - AI Assistant within Notion Platform

  • Notion AI uses AI to amplify productivity and organization, excelling in summarizing content, brainstorming ideas, and editing drafts.

  • With abundant examples, it aids in creating writing frameworks for diverse formats like blogs, captions, emails, and poems. It also offers seamless translation for content conversion into different languages.

🤳Anyword - Marketing and Content Creation

  • Data-driven tool for marketers, creating ads, emails, landing pages (Facebook, Google, LinkedIn, Twitter).

  • Simplifies content creation for blogs, products, YouTube. Offers predictive metrics for effective messages and audience targeting.

🐝Beehiiv - Newsletter (IM USING BEEHIIV RIGHT NOW!!) 🐝

  • Newsletter tool created by one of the first employees of Morning Brew

  • Recently implemented incredible AI writing and text to image creation tools!

🎨AI Art Corner

Check out the new inpaint feature from MidJourney’s generative AI, shared by @mreflow!

🎤Upcoming AI Event

How to earn using AI Technology

Looking to add a source of income? Learn how to leverage AI to make you more money!

This event will be held online.

Thursday, August 31 from 2-3 pm EDT

🤣AI Joke of the Day

Why did the presentation cross the road?… To get to the other slide! 🛝

🔝Your Request, Our Priority: Let’s get Started!

That's all for today, folks. If you enjoyed please share with any friends you think might enjoy as well!

If there’s anything you want to see more don’t hesitate to comment below or email us back!

Thanks for the Support,

Start AI Team 😁

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