Crosses $130 million in first close within four months of launch
Founded by seasoned business leader and investor, Vikas Choudhury, who has backed multiplecompanies to become unicorns – from India’s first ever (inMobi in 2011) to its latest one (Rapido in 2024).
An operator-driven fund with the senior leadership team having unparalleled experience in building and scaling some of the largest businesses (Jio, McKinsey, Asian Paints and others).
Playbook will partner with tech enabled businesses targeting large market opportunities that have demonstrated positive unit economics, digital scalability, and sustainable growth.
The announcement was made in the presence of His Highness Sheikh Khaled bin Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi during his state visit to India
Mumbai/Abu Dhabi, September 10, 2024: — G42, the UAE-based leading technology holding group, today announced that it will soon launch NANDA – a cutting-edge Hindi Large Language Model.
NANDA is a 13-billion parameter model trained on approximately 2.13 trillion tokens of language datasets, including Hindi.
With a name inspired by one of India’s highest peaks, NANDA is the result of a collaboration between Inception (a G42 company), Mohamed bin Zayed University of Artificial Intelligence – the world’s first graduate research university dedicated to AI – and Cerebras Systems. The model was trained on Condor Galaxy, one of the world’s most powerful AI supercomputers for training and inferencing built by G42 and Cerebras.
Dubai, UAE – The 4th PPP MENA Forum kicked off today, bringing together senior PPP regulators, policymakers, and industry leaders from across the Middle East and North Africa. Held at the Jumeirah Emirates Towers in Dubai, the event began with an insightful welcome address by Great Minds Event Management, followed by opening remarks from Nasser Massoud, WAPPP Chair for Social Sector PPPs Chapter, UAE.
The forum’s opening session, a cross-country panel discussion, set the stage for the day’s agenda by focusing on catalyzing economic advancement in the MENA region through strategic PPP initiatives. Leaders from KSA, UAE, Oman, Jordan, and Morocco exchanged valuable insights on scaling PPP projects, fostering South-South cooperation, and attracting foreign direct investment (FDI). Attendees gained key takeaways on structuring innovative, scalable solutions and enhancing cross-border partnerships.
Dubai, September 5, 2024: A Memorandum of Understanding (MOU) was signed between CEO Clubs UAE represented by Dr. Tariq Nizami, Founder & CEO of CEO Clubs Network Worldwide and the Turkish Business Council, Dubai and Northern Emirates represented by President, Mr. Kanat Kutluk, during CEO Clubs recent CEO Clubs Lunch Meeting and 3rd Shark Tank event on september 5, 2024. The goal of the MOU is to invite the business community from Turkiye to attend the most anticipated event of the year, The 7th Edition Burj CEO Awards & Business Awards 2024.
CEO Clubs UAE is an organization that develops business relations and provides assistance in establishing business contacts between business community locally and internationally, whereas turkish business council aims to provide a platform for its members to network, encourage and promote business links with other organizations, likeminded business men and women, business councils in the GCC region and the Austria.
9th September, 2024, Dubai, United Arab Emirates: iACCEL Gulf Business Incubator (iACCEL GBI), a leading go-to market accelerator based in Dubai, has announced a strategic partnership with TrustIn, Middle East’s first regulated digital escrow platform. The collaboration aims to democratize and simplify escrow services, making them more accessible through a user-friendly digital platform.
iACCEL Gulf Business Incubator has onboarded over 20 startups from across the globe over the last 17 months. With a strong value proposition, the company offers comprehensive support to startups to facilitate their growth and expansion in the UAE and GCC region.
UAE News 24/7 