- Brazil, the current G20 Presidency, today endorsed the UAE Declaration of Leaders on a Global Climate Finance Framework launched at COP28, building significant momentum towards developing a new international architecture for climate finance.
- The Framework, launched by world leaders at last year’s COP28 in Dubai, sets out a 10-point plan to help make climate finance more available, accessible, and affordable.
- The announcement by Brazil, who will host COP30 in 2025, represents significant alignment between the G20 and COP agendas on sustainable finance, with Brazil being the sixth G20 country to endorse the Framework.
- The endorsement “will advance the climate finance agenda” and “help align the agenda of the G20 and COP Presidencies,” said Majid Al Suwaidi, COP28 Director General.
- To date, 15 countries have joined as signatories to the Framework, representing diverse constituencies and a significant share of global GDP.
- The announcement was made at a sustainable finance event, co-hosted by G20 Presidency Brazil, the UAE COP28 Presidency and the Ministries of Finance of both countries.
- The event brought together key stakeholders, including representatives from Multilateral Development Banks (MDBs), the private sector, and foundations, to assess the linkages between the COP28 Global Climate Finance Framework and the G20 Brazil 2024 agenda on sustainable finance.
- It also aims reinforce the relevance of the G20 deliverables this year to push for change and to strengthen the finance outcomes connecting COP and the G20 processes.
- The Brazilian G20 Presidency has set an ambitious agenda on sustainable finance, well-placed in the G20 Sustainable Finance Working Group (SFWG), but also at the Task Force for Mobilization Against Climate Change, that is aligned to the principles of the COP28 Global Climate Finance Framework.
Daily Archives: July 25, 2024
Snowflake Teams Up with Meta to Host and Optimize New Flagship Model Family in Snowflake Cortex AISnowflake’s AI Research Team,
Snowflake Teams Up with Meta to Host and Optimize New Flagship Model Family in Snowflake Cortex AISnowflake’s AI Research Team, in collaboration with the open source community, launches a Massive LLM Inference and Fine-Tuning System Stack — establishing a new state-of-the-art solution for open source inference and fine-tuning systems for multi-hundred billion parameter models like Llama 3.1 405B
July 25, 2024 – Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced that it will host the Llama 3.1 collection of multilingual open source large language models (LLMs) in Snowflake Cortex AI for enterprises to easily harness and build powerful AI applications at scale. This offering includes Meta’s largest and most powerful open source LLM, Llama 3.1 405B, with Snowflake developing and open sourcing the inference system stack to enable real-time, high-throughput inference and further democratize powerful natural language processing and generation applications. Snowflake’s industry-leading AI Research Team has optimized Llama 3.1 405B for both inference and fine-tuning, supporting a massive 128K context window from day one, while enabling real-time inference with up to 3x lower end-to-end latency and 1.4x higher throughput than existing open source solutions. Moreover, it allows for fine-tuning on the massive model using just a single GPU node — eliminating costs and complexity for developers and users — all within Cortex AI.
Continue reading Snowflake Teams Up with Meta to Host and Optimize New Flagship Model Family in Snowflake Cortex AISnowflake’s AI Research Team,
Zaatar w Zeit opens its 25th store at Al Ghurair Centre in Dubai
Zaatar w Zeit opens its 25th store at Al Ghurair Centre in Dubai and introduces several new outlets across the UAE
Dubai, 25 July 2024- Renowned Lebanese urban eatery, Zaatar w Zeit, opens its 25th branch in the UAE. Operating in Dubai since 1999, the popular chain of restaurants hits another milestone with the unveiling of its new outlet at Al Ghurair Centre in a prime ground floor location next to the Gate 4 entrance.
The all new Zaatar w Zeit flagship store unveils a novel design featuring contemporary interiors complete with a spacious dining area, and floor-to-ceiling windows bathing the outlet in natural daylight .Additionally, the store introduces a Grab n’ Go section featuring retail convenience items. its inception, the brand has continuously strived to grow and innovate taking in its customers’ interests. The new Grab n’ Go concept does just that by catering to the urban, casual lifestyle of its customers today.
Continue reading Zaatar w Zeit opens its 25th store at Al Ghurair Centre in DubaiGPCA to Recognize Young Talent in Agri-Sustainability as part of 3rd Innovation Competition
University students from across the GCC are invited to submit their entry by 31 July 2024
Dubai, UAE,25July2024– The Gulf Petrochemicals and Chemicals Association (GPCA), the voice of the chemical industry in the Arabian Gulf, will recognize outstanding talent among GCC university studentsin agri-nutrient sustainability as part of the 3rd GPCA Innovation Competition. Set to take place on the sidelines of the 14thGPCA Agri-Nutrients Conference from 10-12 September 2024 in Riyadh, Saudi Arabia, the prestigious competition will reward both undergraduate and postgraduate students from all universities, vocational and research institutes in Saudi Arabia, the UAE, Qatar, Kuwait, Bahrain and Oman.
CURRIES, COCKTAILS AND COOL AT CLAYPOT
Popular Homegrown Indian Restaurant Launches Delectable New Menu
Dubai, United Arab Emirates
Discover why Claypot at Citymax Bur Dubai is the ultimate dining destination this summer, where every dish tells a story of flavor, tradition, and innovation.
Whether you’re celebrating a special occasion, craving a curry or simply seeking a memorable meal, the revamped menu at this popular homegrown Indian restaurant promises to elevate your dining experience to new heights with a fusion of traditional flavors and modern twists.
UAE News 24/7 