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Kodefied covers the latest and greatest in the world of innovation, startups, entrepreneurship, and emerging technologies – exploring both opportunities and challenges.
Saudi Arabia grants citizenship to top innovators and scientists – Meet the first recipients
Saudi Arabia has granted citizenship to a select group of scientists, doctors, researchers, innovators, and entrepreneurs with exceptional capabilities and specializations.
India’s top EV ride-hailer BLU SMART expands to UAE with all-electric limo service. This move is part of their plan to raise $300 million and grow their EV fleet to 25,000 by 2025 🚘⚡️🔋
BluSmart, India's leading electric car operator, has extended its operations to the UAE, introducing the country’s first fully electric premium limousine service.
Alef Education aims for $2.5 billion valuation in UAE’s first edtech IPO
Alef Education is seeking a valuation of up to $2.57 billion in the first-ever listing of an edtech firm in UAE
Turkish fintech giant Papara has acquired Pakistan’s fastest-growing fintech SadaPay, which reached 1 million users in record time. 🚀 This move marks a major step for Papara in its expansion into South Asia.
Read more on what this acquisition means for the future of Pakistan’s fintech industry:
Turkey's leading fintech Papara acquires SadaPay, a leading player in Pakistan's fintech space.
China creates $47.5 billion chip fund to boost AI and semiconductor industry
China has set up $47.5 billion chip fund to bolster its semiconductor industry
Pakistan’s largest fintech firm JazzCash has partnered with UAE-based financial services provider du Pay to simplify money transfers from UAE to Pakistan 💸 📱
Now, Pakistani expats in the UAE can easily send remittances using du Pay wallets directly to their families in Pakistan through JazzCash. Given the UAE's role as the second-largest source of remittances to Pakistan, this partnership will play a key role in promoting economic growth and financial inclusion in Pakistan, according to Murtaza Ali, Head of JazzCash.
JazzCash and du Pay join forces to simplify money transfers from UAE to Pakistan. This marks the first-ever collaboration between a Pakistani fintech entity and UAE's du
Everything to know about OpenAI’s GPT-4o with powerful voice and vision capabilities
OpenAI’s GPT-4o model can communicate in real time via any combination of text, audio, image, and video in a more human-like voice.
Pakistan’s leading defense tech company National Radio and Telecommunication Corporation is all set to establish a special defense technology zone in Haripur following the formalization of $45 million zone development agreement with Special Technology Zones Authority - STZA.
This tech zone aims to boost the defense technology sector and bolster Pakistan’s capacity to manufacture and export high-tech products.
Pakistan's leading defense tech company Pakistan is all set to establish its special defense technology zone with the formalization of $45 million agreement with STZA
NVIDIA unveils AI model set to transform humanoid robot development 🤖
Robots powered by GR00T (which stands for Generalist Robot 00 Technology) will be able to understand language, video instructions, and human actions to perform a variety of useful tasks 🦾
AI chipmaker Nvidia is building a comprehensive AI platform for leading humanoid robot companies such as 1X Technologies, Agility Robotics, Apptronik, Boston Dynamics, Figure AI, Fourier Intelligence, Sanctuary AI, Unitree Robotics and XPENG Robotics, among others.
“Building foundation models for general humanoid robots is one of the most exciting problems to solve in AI today,” according to Jensen Huang, founder and CEO of Nvidia.
Swedish electric boat maker Candela secures $26 million funding to revolutionize maritime industry with electric boats and ferries 🛥️⚡
Candela P-12 electric shuttle aims to make waterborne public transport faster than cars and subway.
Swedish electric boat company Candela, the leading manufacturer of sustainable electric hydrofoil vessels, has announced its largest funding round/
Fintech giant Stripe’s total payment volume tops $1 trillion in 2023. Stripe crossed that milestone 15 years after it was founded 💳
Fintech giant Stripe has surpassed $1 trillion in total payment volume in 2023, up 25% from 2022
OpenAI ChatGPT + Robot = Figure 01
This OpenAI-powered Figure 01 Humanoid Robot can have full-on conversation with humans and complete tasks 🤖
Figure 01 can:
- Describe its visual experience
- Reflect on its memory
- Explain its reasoning verbally
- Plan future actions
Video credit: Figure
Japan to launch the world’s first wooden satellite 🛰️ This initiative aims to address the growing concerns of space debris and pave the way for a more sustainable future in orbit 🌌
Japanese scientists are building the world’s first wooden satellite as an environmentally friendly alternative
OpenAI introduces Sora AI model that can create realistic videos from quick text prompts
OpenAI, the creator of ChatGPT, has unveiled a new tool, called Sora, that creates highly realistic videos from text prompts.
This gorgeous video of snowy Tokyo city has been generated by OpenAI’s new text-to-video tool named Sora.
Prompt: “Beautiful, snowy Tokyo city is bustling. The camera moves through the bustling city street, following several people enjoying the beautiful snowy weather and shopping at nearby stalls. Gorgeous sakura petals are flying through the wind along with snowflakes.”
This example is from OpenAI’s new text-to-video product named Sora – an AI model that can create realistic and imaginative scenes from text instructions.
Prompt: “Historical footage of California during the gold rush”
Germany emerges as the world’s third-largest economy as Japan slips into recession
Germany has solidified its position as the world's third-largest economy, surpassing Japan. This development comes as Japan abruptly slipped into a recession at the end of last year, losing its title.
The European Commission unveils AI one-stop shop for European startups and innovators, providing access to supercomputers to help them train, test and develop large models 💻🚀 The initiative aims to boost artificial intelligence across EU countries 🇪🇺
EU internal market commissioner Thierry Breton said the AI Factories “will serve as a one-stop shop for Europe’s AI startups, enabling them to develop the most advanced and industrial applications. We are making Europe the best place in the world for trustworthy .”
European Commission President Ursula von der Leyen kicked off this initiative in 2023 when she introduced the plan to allow AI to access Europe’s . “Europe has now become a leader in supercomputing, with three of the five most powerful supercomputers in the world. We need to capitalize on this,” she said at the 2023 State of the Union Address.
European AI startups will now have access to the EU’s supercomputers and other AI-enabling services to conduct research and train new models as part of the newly-launched AI one-stop shop
Robot Medics are here to save lives! 🤖🚑 Scientists at The University of Sheffield have developed VR-controlled robot medics, designed to provide remote medical treatment in high-risk emergency regions such as humanitarian disasters and war zones 🦺
Scientists have unveiled robot medics, designed to provide remote medical treatment in high-risk emergency environments.
WhatsApp may soon introduce AirDrop-inspired quick file sharing feature, offering users a seamless and swift way to share files with nearby devices 📲
WhatsApp is reportedly working on a new file sharing feature that works similarly to Apple’s AirDrop, allowing users to share files with nearby devices.
AWS announces $15 billion investment to enhance its cloud infrastructure in Japan, expand data centers in Tokyo and Osaka 💻
This investment by Amazon Web Services aligns with the growing demand for cloud services, driven by the surge in generative AI usage 🌐
Amazon Web Services (AWS) will invest $15 billion (2.26 trillion yen) in Japan over the five years through 2027.
Japan’s Smart Lander for Investigating Moon (SLIM) spacecraft, dubbed ‘Moon Sniper’, touched down on the lunar surface. But the lander immediately suffered a power glitch which threatens the lunar mission 🛰️
Japan became the fifth country to achieve a soft landing on the moon. But the big news came with a worrying announcement
Apple’s iPhone dethroned Samsung Galaxy phone to become the best-selling smartphone series in 2023 for the first time in over a decade 📱🤳
Apple’s iPhone dethroned Samsung to become the best-selling smartphone series in 2023
Imagine a world where phones and laptops work without constant charging 📱🔋
Chinese startup Betavolt unveils a revolutionary miniature nuclear battery that can work for up to 50 years without the need for charging or maintenance ⚡️
This game-changing battery promises extended device lifespans and uninterrupted connectivity! 🔋
Read more:
Chinese tech company Betavolt has developed a groundbreaking miniature nuclear battery that it says can keep working for up to 50 years.
IMF warns that AI will affect almost 40% of jobs worldwide and is likely to worsen overall inequality among countries.
International Monetary Fund Managing Director Kristalina Georgieva calls for a careful balance of policies to tap potential.
Betavolt, a Chinese tech company, has developed a groundbreaking miniature nuclear battery that can keep working for up to 50 years 🔋
This innovation empowers phones and drones to work continuously without the need for charging or maintenance ⚡️
Video: Betavolt
Breaking barriers in supersonic flight! 🚀
NASA - National Aeronautics and Space Administration and Lockheed Martin rolled out the X-59 — an innovative aircraft designed to minimize sonic booms, promising a new era of faster and quieter air travel ✈️
NASA and Lockheed Martin officially introduced the groundbreaking X-59 quiet supersonic aircraft designed to make sonic booms quieter.
New Turkish stealth drone ANKA-3 successfully completed its debut flight, expanding Turkiye’s arsenal of UAVs 🚀🇹🇷
Read more: https://kodefied.com/turkiyes-stealth-drone-anka-3-makes-maiden-flight/
Video: Türk Havacılık Uzay Sanayii
Dutch neobank bunq becomes Europe’s first AI-powered bank 🏦📲 Bunq’s cutting-edge GenAI platform Finn empowers users to effortlessly manage finances by asking Finn anything, from travel expenses to budgeting tips 💶💳
With Finn, bunq aims to redefine user-centric banking, offering a seamless experience for its 11 million users across the European Union 🌍
Bunq, the second-largest neobank in Europe, has officially launched its Generative AI platform called Finn
Galactic Energy, a leading Chinese space startup, secures $154 million in new funding rounds 🚀 The investment aims to fuel the development of the reusable Pallas-1 rocket and advance China’s position in the commercial race 🌌🛰️
Galactic Energy, a rocket startup in China, has secured $154 million (1.1 billion yuan) in funding for the development of its reusable rocket.
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NVIDIA unveils AI model set to transform humanoid robot development 🤖 Robots powered by GR00T (which stands for Generalist Robot 00 Technology) will be able to understand language, video instructions, and human actions to perform a variety of useful tasks 🦾 AI chipmaker Nvidia is building a comprehensive AI platform for leading humanoid robot companies such as 1X Technologies, Agility Robotics, Apptronik, Boston Dynamics, Figure AI, Fourier Intelligence, Sanctuary AI, Unitree Robotics and XPENG Robotics, among others. “Building foundation models for general humanoid robots is one of the most exciting problems to solve in AI today,” according to Jensen Huang, founder and CEO of Nvidia.
OpenAI ChatGPT + Robot = Figure 01 This OpenAI-powered Figure 01 Humanoid Robot can have full-on conversation with humans and complete tasks 🤖 Figure 01 can: - Describe its visual experience - Reflect on its memory - Explain its reasoning verbally - Plan future actions Video credit: Figure
This gorgeous video of snowy Tokyo city has been generated by OpenAI’s new text-to-video tool named Sora. Prompt: “Beautiful, snowy Tokyo city is bustling. The camera moves through the bustling city street, following several people enjoying the beautiful snowy weather and shopping at nearby stalls. Gorgeous sakura petals are flying through the wind along with snowflakes.”
This example is from OpenAI’s new text-to-video product named Sora – an AI model that can create realistic and imaginative scenes from text instructions. Prompt: “Historical footage of California during the gold rush”
Betavolt, a Chinese tech company, has developed a groundbreaking miniature nuclear battery that can keep working for up to 50 years 🔋 This innovation empowers phones and drones to work continuously without the need for charging or maintenance ⚡️ #tech #innovation #battery #nuclearenergy #energy #sustainability #phones #drones Video: Betavolt
New Turkish stealth drone ANKA-3 successfully completed its debut flight, expanding Turkiye’s arsenal of UAVs 🚀🇹🇷 Read more: https://kodefied.com/turkiyes-stealth-drone-anka-3-makes-maiden-flight/ Video: Türk Havacılık Uzay Sanayii
Powering the world with footsteps 🚶 A UK tech company Pavegen has invented a way to generate renewable energy from people’s footsteps. Their kinetic floor tiles generate 3 joules of energy per footstep, enough to power a light bulb for seconds💡 📹: GIGadgets
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