Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Fintech PR

Abu Dhabi Media Features First Arabic Speaking AI News Anchor in the World

Published

on

Reading Time: 4 minutes

 

Abu Dhabi Media (“ADM” or the Company), one of the fastest growing, multi-platform media and entertainment organizations in the Middle East and Sogou Inc. (NYSE: SOGO), an innovator in search and a leader in China’s internet industry, today jointly announced the development of the first AI News Anchor that will present news in Arabic and English on ADM’s channels. This cements ADM’s ongoing efforts to utilize the latest technologies and Sogou’s leading AI capabilities. It follows the partnership agreement signed between ADM and Sogou, in cooperation with the UAE Minister of State for Artificial Intelligence. The AI News Anchor is the first Arabic-speaking in the world with the ability to interact through face expressions with the Arabic language.

This announcement was made during a special signing ceremony at ADM’s headquarters. The event was attended by His Excellency Omar Sultan Al Olama, Minister of Artificial Intelligence. The agreement was signed by His Excellency Dr. Ali Bin Tamim, Director General of ADM, and Wang Yanfeng, General Manager of Voice Interaction Technology Center of Sogou.

Noura Bint Mohammed Al Kaabi, Minister of Culture and Knowledge Development and Chairwoman of the Board of Directors of ADM, explained that this step aligns with the Company’s strategic plans which seek to keep up with digital advances in the media industry and adopt the latest available digital technologies, particularly in AI.

Noura Al Kaabi said the AI news anchor will support ADM’s efforts to provide guided and diverse content according to the highest international standards that meet the needs of the Company’s large audience base across the Arab world.

His Excellency Omar Sultan Al Olama, Minister of Artificial Intelligence, said: “The use of artificial intelligence and technological tools in the media sector will result in a qualitative leap forward within the media landscape in the UAE and the wider region. The use of these advanced solutions will benefit the industry by enriching media content, supporting media research, and providing new opportunities for young professionals to build new skillsets suited to future media channels. The deployment of this advanced technology presents us with the opportunity to further define the future of the sector in a way that benefits all members of society.”

“These new developments within the media sector are in line with the UAE Government’s strategy of developing unique new models and systems built around artificial intelligence and advanced technologies that support the nation’s transformation into a knowledge based society and economy,” added H.E. Al Olama.

Incorporating the industry-leading algorithms and latest advances in speech synthesis, image detection and deep learning, the AI news anchor presents a lifelike resemblance of a professional human anchor, providing an increasingly seamless experience for viewers. With Sogou’s technology, textual input can be transformed into corresponding lip movements, providing users with a highly customizable interactive experience. With a focus on natural language processing and machine learning, Sogou has developed industry-leading capabilities in real-time audio and video synthesis. Together, ADM and Sogou are working to explore how technological innovation can be better integrated across media platforms, providing high quality programming for audiences worldwide.

With the integration of the AI news anchor, ADM’s platform will be able to provide news broadcasts more efficiently, in a range of engaging formats, and potentially 24/7/365. Sogou’s technology not only provides innovative solutions for traditional media channels but also works to facilitate more natural interactions between humans and machines.

His Excellency Dr. Ali Bin Tamim, Director General of Abu Dhabi Media, said that by launching the AI news anchor, ADM is writing a new chapter in Arab media. It also keeps pace with the Company’s efforts to develop all its brands according to strategic plans that aim to realize a quantum leap in providing media content across digital, TV, print, and audio platforms.

Advertisement

HE Dr. Ali Bin Tamim also said: “Through this agreement, Abu Dhabi Media will develop this technology and present it to its audience, enhancing the company’s presence and the quality of its content, further bolstering its leading position as one of the most prestigious media establishments in the region and the world.”

Wang Yanfeng, General Manager of Sogou’s Voice Interaction Technology Center, said, “We are extremely pleased to partner with Abu Dhabi Media, a pioneering multi-platform media and entertainment organization. We look forward to sharing our AI News Anchor technology with an increasingly global audience. This marks the first time that Sogou’s AI News Anchor technology is being leveraged by an international media platform, and together we are thrilled to bring the AI News Anchor to Arabic-speaking viewers.”

Safe Harbor Statement

This announcement contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates, and projections, which involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, intense competition in the market for search and search-related services; our need to continually innovate and adapt in order to grow our business; our reliance on Tencent platforms for a significant portion of our user traffic; and uncertainty regarding the extent and reach of PRC governmental regulation of sponsored search. Further information regarding these and other risks is included in Sogou’s Annual Report on Form 20-F for the year ended December 31, 2018 filed with the Securities and Exchange Commission on March 28, 2019, and other documents Sogou files with or submits to the Securities and Exchange Commission.

 

SOURCE Sogou Inc.

Fintech PR

FXGiants Online Trading Platform Launches Bonus Initiative to Reward Traders

Published

on

fxgiants-online-trading-platform-launches-bonus-initiative-to-reward-traders

HAMILTON, Bermuda, Dec. 19, 2024 /PRNewswire/ — FXGiants has recently launched a series of exciting bonuses. Participants on the FXGiants online trading platform can now amplify their trading potential with a broad spectrum of bonuses that are tailored to fit different trading needs. These bonuses not only add extra value but also act as a safety net for traders to explore the financial markets without risking too much.

“Our goal with these deposit bonus options is to empower traders of all levels,” said Christopher Oates, the spokesperson for FXGiants. “Under this scheme, we have diverse categories, including Bonus Maximiser, Booster Bonus, and the Bonus Advantage. These bonuses are designed to provide flexibility to clients as they trade on the FXGiants online trading platform.”

Exploring the FXGiants Bonus Options

The bonus options at FXGiants come with versatile advantages. The Bonus Maximiser provides a full 100% boost on all deposits without limit, whereas the Booster Bonus offers a 40% bonus on all deposits up to $4,000 for traders who want to moderately enhance their capital. On the other hand, the Bonus Advantage provides a 60% bonus on deposits up to $5,000, giving traders a better handle on risk. These bonuses enhance the trading experience on the FXGiants online trading platform.

“At FXGiants, we are committed to a trading environment that meets the evolving needs of our clients,” Oates added. “Our online trading platform is a robust ecosystem designed to support traders with advanced execution, extensive market insights, and continuous improvements. As we move forward, we will keep expanding our offerings to ensure that traders have access to the best resources and support.”

About FXGiants

FXGiants stands out as an international broker providing access to over 300 financial instruments across 6 asset classes. Traders can operate through the popular MetaTrader 4 platform, and benefit from exceptional trading conditions such as competitive spreads, flexible leverage, and fast execution. With deposit boosters, partnership programs, an educational blog, and account types tailored to both novice and experienced traders, FXGiants remains dedicated to delivering a one-stop trading solution.

Terms & Conditions apply. Bonus cannot be withdrawn.

All trading involves risk. It is possible to lose all your capital.

FXGiants is a trade name of Notesco Int Limited; a company incorporated in Anguilla with registration number A000001800 and registered address The Valley, AI2640, Cosely Drive, 1338, AI.

Advertisement

Website: https://www.fxgiants.com/

View original content:https://www.prnewswire.co.uk/news-releases/fxgiants-online-trading-platform-launches-bonus-initiative-to-reward-traders-302338463.html

Continue Reading

Fintech PR

CKGSB Successfully Hosts 2024 MBA Professor Training Program for Western China

Published

on

ckgsb-successfully-hosts-2024-mba-professor-training-program-for-western-china

BEIJING, Dec. 23, 2024 /PRNewswire/ — Cheung Kong Graduate School of Business (CKGSB) successfully hosted the Western China MBA Professor Training Program in collaboration with the China National MBA Education Supervisory Committee and Shantou University School of Business on December 17 and 18, 2024. 58 professors from over 40 universities in China nationwide, mostly western China, attended this training.

Since 2007, CKGSB has been aspiring to address the pressing disparities in management education between eastern and western China with its MBA professor training program. As of 2024, the program has trained 372 professors from 155 universities across 22 provinces, 4 autonomous regions, 3 direct-administered municipality in China, indirectly impacting tens of thousands of MBA students.

This year, the training focused on social innovation and business for good, a topic many participating professors found lacking in their day-to-day teaching and research. Professor ZHU Rui (Juliet), CKGSB Professor of Marketing and Director of the ESG and Social Innovation Center, led the training. She introduced how CKGSB has been innovating with the integration of business for good in management education, and how our relevant practice-based course has already helped 2,800+ students integrate ESG into their businesses. Professor Zhu also hosted an interactive workshop with the training’s participants on how they may build this idea into their teaching.

Participants shared in their post-program survey that Professor Zhu’s teaching and her ESG Assessment map gave them a new perspective on how to balance profits and social responsibilities. Many also felt inspired on how to bridge the gap between research and practice.  

Recognized in CKGSB’s 2022 and 2024 ESG and Social Innovation Reports and honored as a finalist for the 2021 China Social Impact Award by the United Nations and British Chamber of Commerce, this program exemplifies CKGSB’s impact in this critical area. Through partnerships with the government, NGOs, and business schools, this initiative has made significant progress in promoting quality education and reducing inequalities.  

For more information on CKGSB’s ESG and social innovation efforts, visit our ESG and social innovation website.

About CKGSB

Established in Beijing in November 2002, CKGSB is China’s first privately-funded and research-driven business school. The school aims to cultivate transformative business leaders with a global vision, sense of social responsibility, innovative mindset, and ability to lead with empathy and compassion (https://english.ckgsb.edu.cn).

View original content:https://www.prnewswire.co.uk/news-releases/ckgsb-successfully-hosts-2024-mba-professor-training-program-for-western-china-302338458.html

Advertisement
Continue Reading

Fintech PR

Wirex Adds VEUR and VCHF Stablecoins to its Platform for Seamless Spending

Published

on

wirex-adds-veur-and-vchf-stablecoins-to-its-platform-for-seamless-spending

VADUZ, Liechtenstein, Dec. 23, 2024 /PRNewswire/ — Wirex, a global leader in bridging traditional and digital finance, has announced the addition of VNX Euro (VEUR) and VNX Swiss Franc (VCHF) to its platform. With this integration, Wirex users can now spend VEUR and VCHF directly through their Wirex cards, streamlining everyday transactions and enhancing convenience.

Wirex cards allow users to use VEUR and VCHF in various ways. Whether users receive payments in VEUR and/or VCHF, use them for remittances (including cross-border transactions), or sell digital assets for stablecoins instead of fiat, Wirex provides the simplest solution for spending in real life. Users can instantly convert their stablecoins into fiat currency and send them directly to their bank accounts, catering to those who prefer traditional banking options.

Pavel Matveev, Co-founder of Wirex, said: “We’re excited to welcome VNX Euro (VEUR) and VNX Swiss Franc (VCHF) to Wirex. This addition allows our users to effortlessly spend stablecoins in real life, whether for daily purchases, remittances, or managing their digital assets. At Wirex, our goal is to make digital currencies as convenient and versatile as traditional money, and VEUR and VCHF are another step toward achieving that vision.”

Future Features

Additional features will be rolled out later after the launch, complementing the immediate benefits of VEUR and VCHF. These include loans and high-yield X-Accounts, both of which are growing in popularity among Wirex users. Loans offer a smart and tax-efficient way to access liquidity without selling underlying digital assets. Users can leverage their BTC, ETH, SOL, and other digital assets, as collateral for loans in stablecoins, allowing them to benefit from potential appreciation while accessing funds without triggering taxable events.

X-Accounts provide an opportunity for users to earn industry-leading yields of up to 15% APY on their stablecoin balances, enhancing the overall value proposition of holding VEUR and VCHF within the Wirex ecosystem.

Upcoming Advanced Opportunities

VEUR and VCHF have the potential to become preferred options in Wirex’s advanced trading products, such as Wirex DUO and Wirex Multiply. Notably, Euro-backed stablecoins have already demonstrated significantly higher usage among Wirex users than larger USD alternatives, highlighting strong demand for Euro-denominated trading options.

As Wirex explores adding VEUR and VCHF to these products, it aims to further strengthen its position as a leader in digital finance by offering innovative solutions that bridge the gap between traditional finance and digital assets.

Disclaimer: The term “stablecoin” is used herein in relation to VEUR and VCHF for marketing purposes. The reader however shall understand that VEUR and VCHF are fiat-referenced tokens which are described in more detail in the VNX Gold based Fiat Referenced Tokens (FRT) Terms and Conditions which are available for review at www.vnx.li 

Advertisement

About VEUR and VCHF

Both VEUR and VCHF are multichain tokens referencing the Euro and Swiss Franc, developed by VNX, generated by a licensed token generator under the Blockchain Act in Liechtenstein. VEUR and VCHF are supported by the reserves ensuring 1:1 parity and represent a reliable digital asset in the crypto world. These tokens combine the stability of fiat currencies with the convenience of crypto, enabling quick, low-cost, and 24/7 accessible cross-border payments while opening new opportunities in DeFi.

About Wirex

Wirex is a prominent UK-based digital payments platform with over 6 million customers spread across 130 countries. It offers secure accounts, making it easy for users to store, purchase, and exchange multiple currencies seamlessly. As a principal member of both Visa and Mastercard, Wirex goes beyond traditional services, embracing the evolving trends of Web3 to provide mainstream access to digital finance and wealth management. Having processed transactions totalling $20 billion, Wirex aims to contribute to the adoption of a cashless society by facilitating straightforward transactions in various currencies worldwide. Wirex is simplifying digital payments, making it more accessible and convenient for people across the globe.

Photo: https://mma.prnewswire.com/media/2586836/Wirex_VEUR_VCHF.jpg
Logo: https://mma.prnewswire.com/media/2031625/5077408/Wirex_Logo.jpg 

Wirex_Logo

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/wirex-adds-veur-and-vchf-stablecoins-to-its-platform-for-seamless-spending-302338369.html

Continue Reading

Trending