RAK Ports has signed a memorandum of understanding (MoU) with APT Global, marking a major milestone in Ras Al Khaimah’s industrial growth strategy. This investment is supported by Saqr 2.0, RAK Ports’ greenfield port development designed to accommodate continued growth in the region. APT Global will invest ~AED 50 million to develop ~700K sqft facility […] The post RAK Ports Secures Landmark Investment from APT Global to Strengthen Project Cargo Ecosystem driven by Saqr 2.0 appeared first on Web-Release.

    The Technology Innovation Institute (TII), the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), has announced the release of Falcon H1R 7B, a next-generation AI model that takes a significant step toward making advanced AI more accessible than ever, by delivering world-class reasoning performance in a compact, efficient, and openly available format. […] The post TII Launches Falcon Reasoning: Best 7B AI Model Globally, Also Outperforms Larger Models appeared first on Web-Release.