News

The UAE Has Launched A Program To Assist 100 Startups

The Future 100 program marks the start of a series of government initiatives aimed at improving the UAE’s future preparedness across multiple sectors.

Published

2 years ago

December 7, 2022

Nour Nasir

the uae has launched a program to assist 100 startups

The United Arab Emirates is already making a name for itself as a startup hub for global tech companies. Now, however, a program has been launched to ensure that the region’s economy is fully future-proofed.

The program, known as Future 100, aims to help 100 prominent startups across a diverse range of technology sectors, including space travel, renewable and carbon-neutral energy, and other emerging tech. As the program develops, it’s hoped that a new economic model will emerge, aligning the UAE with emerging trends and creating a lasting, 50-year impact.

“The Ministry of Economy continues to support innovative future projects that promote the UAE’s global leading position on competitiveness indicators and supports it as an attractive destination for future projects from all over the world. It further enhances its position as a permanent hub for creativity and innovation, securing sustainable growth for the UAE’s national economy and creating new jobs through startups, especially in sectors pertaining to the new economic fields, such as space, renewable energy, fintech, and AI,” says Abdullah bin Touq Al Marri, UAE Minister of the Economy.

Also Read: Hub71’s Startup Ecosystem Now Boasts Over 200 Members

According to other government sources, the UAE Future 100 roadmap emphasizes the improvement of future preparedness. The initiative is meant to symbolize the future orientation of the UAE leadership, focusing on the economic growth of the region, raising the GDP, and boosting the performance of new economic sectors.

Over the past couple of years, the UAE has initiated several programs of this nature with the goal of creating a robust, future-focused economy. The National Program for Artificial Intelligence 2031, the Green Growth Strategy, the Energy Strategy 2050, the Emirates Blockchain Strategy and the Strategy for the Fourth Industrial Revolution are just a few of the initiatives that highlight the region’s lofty goals.

News

Samsung Smart Glasses Teased For January, Software Reveal Imminent

According to Korean sources, the new wearable will launch alongside the Galaxy S25, with the accompanying software platform unveiled this December.

Published

2 days ago

December 4, 2024

Nour Nasir

samsung smart glasses teased for january software reveal imminent

Samsung appears poised to introduce its highly anticipated smart glasses in January 2025, alongside the launch of the Galaxy S25. According to sources in Korea, the company will first reveal the accompanying software platform later this month.

As per a report from Yonhap News, Samsung’s unveiling strategy for the smart glasses echoes its approach with the Galaxy Ring earlier this year. The January showcase won’t constitute a full product launch but will likely feature teaser visuals at the Galaxy S25 event. A more detailed rollout could follow in subsequent months.

Just in: Samsung is set to unveil a prototype of its augmented reality (AR) glasses, currently in development, during the Galaxy S25 Unpacked event early next year, likely in the form of videos or images.

Additionally, prior to revealing the prototype, Samsung plans to introduce…

— Jukanlosreve (@Jukanlosreve) December 3, 2024

The Galaxy Ring, for example, debuted in January via a short presentation during Samsung’s Unpacked event. The full product unveiling came later at MWC in February, and the final release followed in July. Samsung seems to be adopting a similar phased approach with its smart glasses, which are expected to hit the market in the third quarter of 2025.

A Collaborative Software Effort

Samsung’s partnership with Google has played a key role in developing the smart glasses’ software. This collaboration was first announced in February 2023, with the device set to run on an Android-based platform. In July, the companies reiterated their plans to deliver an extended reality (XR) platform by the end of the year. The software specifics for the XR device are expected to be unveiled before the end of December.

Reports suggest that the smart glasses will resemble Ray-Ban Meta smart glasses in functionality. They won’t include a display but will weigh approximately 50 grams, emphasizing a lightweight, user-friendly design.

Feature Set And Compatibility

The glasses are rumored to integrate Google’s Gemini technology, alongside features like gesture recognition and potential payment capabilities. Samsung aims to create a seamless user experience by integrating the glasses with its broader Galaxy ecosystem, starting with the Galaxy S25, slated for release on January 22.