Masdar, the UAE’s premier clean energy entity, has successfully launched its debut green bond issuance, raising net proceeds of US$750 million. This substantial financial injection is earmarked exclusively for investment in clean energy projects, reflecting Masdar’s commitment to fostering sustainable, renewable energy solutions. This bond issuance has been met with a resounding vote of confidence […]
Apple is making significant strides in the field of artificial intelligence (AI) with its active testing of generative AI tools. These tools are aimed at rivaling OpenAI’s ChatGPT and generating human-like text. The focus of Apple’s generative AI models lies in training them on large datasets to enhance their language generation capabilities. However, Apple understands […]
Artificial Intelligence (AI) has rapidly evolved over the years, revolutionizing various industries and transforming the way we interact with technology. One of the most significant advancements in AI has been the development of conversational AI models like ChatGPT. However, the AI landscape is constantly evolving, and new players are emerging. Meta, formerly known as Facebook, […]
Despite a marked increase in package deliveries, Amazon reported a decrease in carbon emissions for the first time since the company started tracking its carbon footprint. Total carbon emissions from Amazon dropped by 16% in 2022, falling to approximately 60.64 million metric tons from 72.08 million metric tons in 2021. This substantial decrease in carbon […]
The Future Sustainability Forum is set to take place in Dubai from 4-5 October 2023, marking a significant event in the Year of Sustainability in the UAE. The Forum is a key component of the Dubai International Financial Centre’s (DIFC) sustainability program targeted at the 28th annual Conference of the Parties (COP28). The Future Sustainability […]
Sylvera, a UK-based carbon data firm, has successfully raised $57 million in a Series B funding round. This significant financial boost is intended to expand the company’s presence in the U.S. and incentivize organizations to invest in climate impact. The funding round was led by Balderton Capital and saw participation from numerous high-profile investors. These […]
Gastroesophageal reflux disease (GERD) is a common condition that affects millions of individuals worldwide. Managing GERD can be challenging for clinicians due to its diverse range of symptoms and treatment options. However, with the advent of artificial intelligence (AI) technology, clinicians now have access to a powerful tool called ChatGPT that can assist them in […]
The rapid development of Artificial Intelligence (AI) in the financial industry has raised concerns about potential threats to financial stability, according to the Chairman of the U.S. Securities and Exchange Commission (SEC). In a recent statement, the SEC Chairman expressed worries about the risks associated with the increasing use of AI, including market volatility and […]
The UK government recently unveiled its third National Adaptation Program (NAP3), outlining a comprehensive strategy for dealing with the impacts of climate change. This ambitious plan includes a series of measures aimed at safeguarding food and energy supply chains, enhancing infrastructure regulations, and tripling adaptation funding to $1.9 billion by 2025 for vulnerable communities across […]
The G20 finance ministers recently gathered in India to discuss a range of pressing global economic challenges. From climate change to the growing debt burden in low-income countries, these issues require international coordination, as emphasized by Indian Finance Minister Nirmala Sitharaman and U.S. Treasury Secretary Janet Yellen. Among the key points of contention was the […]