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Applied AI and Deep Tech Innovations Take Centre Stage on Day Three of Expand North Star 2024

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Day three of the world’s largest startup and investment event unveiled transformational solutions across healthcare, space technology, and more at Dubai Harbour

DUBAI, United Arab Emirates, Oct. 16, 2024 /PRNewswire/ — Expand North Star 2024, the world’s largest startup and investment event, continued its journey of innovation on its third day at Dubai Harbour. Attendees from around the world witnessed revolutionary advancements in Applied AI and Deep Tech, demonstrating how these technologies are disrupting industries and solving complex global challenges. 

Integrated with GITEX GLOBAL, Expand North Star runs until 16 October, providing a powerful platform for over 1,800 exhibiting startups and more than 1,200 investors managing assets exceeding USD $1 trillion.

Applied AI and Deep Tech Innovations Redefine Healthcare and Space Innovation

Day three was a showcase of next-generation solutions in robotics, AI, and deep tech, providing a glimpse into the future of these sectors.

Cutting through the noise were innovative startups such as China’s RoboCT with their innovative exoskeleton technology, launching the UGo Rehab Exoskeleton, specifically designed for patients with lower-limb dysfunction, spinal cord injury, strokes, or cerebral palsy. Dr. Tian Wang, Founder and CEO of RoboCT Group, stated, “UGo enhances the rehabilitation process and delivers an effective walking training solution by integrating advanced sensors, data analysis, and research, empowering patients to rehabilitate more effectively at home.”

On the digital health frontier, JADE introduced a platform tailored for neurodivergent children, including those with ADHD, down syndrome, and autism. The app’s sophisticated tracking of eye movements, cognitive response times, and memory functions equips healthcare professionals and educators with precise data to create personalised care and learning strategies.

Meanwhile, scanO, a pioneering Indian-born deep tech company, is leading the way in developing generative AI models for predicting disease progression. The company showcased its flagship product, scanO air—the world’s first contactless AI-powered robotic system for oral health screening—revolutionizing early detection and diagnosis.

In space technology sector, Triggers-Reports from Mauritius introduced Triggers-sat, a satellite platform that provides high-resolution imaging and 3D modeling to assist businesses and governments in areas such as natural resource management and climate risk disaster monitoring.

Rising International Participation from Asia and Latin America

As the global innovation hub, Expand North Star continues to see international participation rise, showcasing how regions and countries are pushing boundaries with novel solutions.

Tatiana Riera, COO of ApexBrasil, highlighted Brazil’s expanding presence at Expand North Star: “From just 20 startups in 2019, we have expanded to 45 startups this year, along with four innovation hubs. Brazil is a great hub for fintech because of the diversity in social levels, so most of our unicorns come from fintech. We also focus a lot on Deep Tech, AI, and climate tech solutions since we have six biomes and need to take care of them. We have a company that uses natural foam to build soundproof material for construction and another company building silent tractors that run on renewable energy.” 

Similarly, Singapore’s SGTech made a noteworthy debut at Expand North Star, emphasizing the importance of cross-border collaboration in driving tech-driven solutions forward. Alex Ng, Exco Member, SGTech said: “Singapore’s innovative startups are making a significant impact at Expand North Star 2024, with six outstanding companies exhibiting under the Singapore Pavilion. These companies showcase cutting-edge technologies across various sectors, including digital twins, industrial AI and biotech, with the event serving as a groundbreaking global launchpad for startups to foster valuable networking with investors.”

Africa’s Path to Economic Growth

With global participation continuing to flourish, the spotlight also turned towards Africa, where burgeoning tech ecosystems are paving the way for a new wave of entrepreneurs and innovators. H.E. Savannah Maziya, Minister, Ministry of Information, Communications & Technology, Eswatini, alongside other thought leaders, emphasised the importance of structured development to tackle unique market challenges and unlock Africa’s economic potential. 

Celina Lee, CEO & Co-Founder, Zindi, South Africa, highlighted the trend of talent returning to Africa to start companies and create ecosystems that foster innovation and attract global corporations like Microsoft to set up labs in Ghana and Nairobi. 

Speaking on the challenges facing Africa, Olatunbosun Alake, Honorable Commissioner, Ministry of Innovation, Science and Technology, Lagos State Government, Nigeria, said, “The greatest challenge in Africa is education. In Nigeria, if you look at the most educated parts, they show economic value, whereas in the north, where education levels are not as high, economic productivity is lower. There needs to be an African Renaissance of education funding across the board because if you drive education, educate, and enlighten people, people will change the environment.”

Across its four-day span, Expand North Star continues to shed light on the future of industries through defining events such as GITEX Impact, Fintech Surge, Future Blockchain Summit, and Marketing Mania. These events underscore how emerging technologies are transforming the way we live and are also playing a pivotal role in reshaping the future.

Follow Expand North Star on Social Media: Facebook | X | Instagram | LinkedIn

Hashtag: #ExpandNorthStar

About Dubai World Trade Centre (DWTC):

A global business facilitator since 1979, Dubai World Trade Centre (DWTC) is home to the region’s leading purpose-built convention and exhibition centre. DWTC provides a platform for connecting people, products, innovation and ideas from around the world through a dynamic calendar of international trade exhibitions and its own roster of sector leading mega events. As a designated free zone, complemented by award-winning commercial real estate, DWTC plays an integral role in Dubai and the region’s growth story. Since its inauguration, DWTC has hosted over 6,000 events, with an estimated economic output of AED 248 billion, attracting over 38 million business visitors to Dubai.

Photo: https://mma.prnewswire.com/media/2531546/Day_3_of_Expand_North_Star.jpg

View original content:https://www.prnewswire.co.uk/news-releases/applied-ai-and-deep-tech-innovations-take-centre-stage-on-day-three-of-expand-north-star-2024-302277433.html

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FIT Hon Teng Showcases AI Data Center Connectivity and Immersion-Cooled Signal Integrity Solutions at OCP Global Summit 2024

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HONG KONG, Oct. 17, 2024 /PRNewswire/ — FIT Hon Teng (6088-HK), a subsidiary of Hon Hai Precision Industry (2317-TW), will unveil its latest advancements in AI data center connectivity and immersion-cooling technologies at the upcoming 2024 OCP Global Summit. Hosted by the Open Compute Project (OCP), this prestigious event brings together global leaders in hardware infrastructure design, addressing the evolving demands of modern data centers.

At the summit, FIT will introduce solutions that tackle critical challenges in AI-driven data centers, including signal degradation, heat dissipation, and large-scale manufacturing scalability. FIT’s AI rack connectivity innovations are designed to enhance signal integrity and optimize data transmission, all while incorporating advanced cooling technologies for high-density AI workloads.

Key product highlights include:

224G+ sockets for XPU/GPU connectivityCo-packaged copper and optical architecturesPower cables for ORV3Active Optical Cables (AOC)OSFP1600 and QSFP-DD port configurations

These solutions underscore FIT’s commitment to driving innovation in the AI data center space, building on Foxconn’s extensive industrial internet expertise to offer cutting-edge AI connectivity solutions to global data center customers.

In addition to its AI connectivity offerings, FIT will present its immersion-cooled IT platform solutions at the summit. Terry Little, Development Engineering Manager at FIT, will lead a session titled “Optimizing Signal Integrity in Immersion-Cooled IT Platforms.” The session will delve into the effects of dielectric fluids on high-speed signal lines, the challenges of high-speed testing in such environments, and innovative connector fixture strategies. These solutions are critical for ensuring reliable performance in harsh, high-density computing environments, such as AI data centers.

By addressing key issues such as performance, efficiency, and scalability, FIT continues to play a pivotal role in supporting the growth of AI infrastructure across industries, further solidifying its leadership in AI data center solutions.

About Foxconn Interconnect Technology (FIT Hon Teng)

Foxconn Interconnect Technology (HKEX: 6088) was listed on the Hong Kong Stock Exchange in 2017 and is the largest consumer electronics connector manufacturer in Greater China. While connectors remain its core business, the company has strategically expanded in recent years into 5G AIoT, electric vehicles, and acoustic electronic components, while also entering the consumer brand sector. For more information, please visit the company’s website at www.fit-foxconn.com

Media Contact:                                  Product and Service Inquiries:
Email: fit-ir@fit-foxconn.com             Europe and America Contact: sales-usa@fit-foxconn.com  

View original content:https://www.prnewswire.com/apac/news-releases/fit-hon-teng-showcases-ai-data-center-connectivity-and-immersion-cooled-signal-integrity-solutions-at-ocp-global-summit-2024-302278630.html

SOURCE FIT Hon Teng Ltd

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Saudi Deputy Minister of Transport and Logistics Services Visits NX Group Building

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TOKYO, Oct. 17, 2024 /PRNewswire/ — NIPPON EXPRESS HOLDINGS, INC. welcomed His Excellency Rayan Salah Al-Din Al-Bakri, Deputy Minister for Logistics Services at Saudi Arabia’s Ministry of Transport and Logistics Services, and 12 other Saudi dignitaries on Monday, September 2, at the NX Group Building in Tokyo.

NX Logo: https://kyodonewsprwire.jp/img/202410017427-O2-f9std246

H.E. Rayan Salah Al-Din Al-Bakri, Deputy Minister, Ministry of Transport and Logistics Services, Saudi Arabia (Center): https://cdn.kyodonewsprwire.jp/prwfile/release/M103866/202410017427/_prw_PI1fl_7bO06VPF.jpg

The NX Group established Nippon Express (Middle East) LLC in the United Arab Emirates in February 2007, and in the years since has developed a variety of businesses — including air and ocean freight forwarding, warehousing and overseas removals — in the Middle East region.

The Saudi delegation’s purpose in visiting Japan was to make a tour of Japanese logistics companies. The distinguished visitors were received at the NX Group Building by Nippon Express Co. President Shinjiro Takezoe, NIPPON EXPRESS HOLDINGS Senior Managing Executive Officer Tadahiro Furue, and other company officials. During their meeting, they discussed the logistics services and know-how provided by the NX Group and its initiatives for developing logistics in Saudi Arabia, and a wide range of opinions were exchanged in a friendly atmosphere.

The NX Group will continue further expanding its global network to provide high-quality logistics services to customers around the world.

About the NX Group
https://kyodonewsprwire.jp/attach/202410017427-O1-7S1R8C5Z.pdf

NX Group official website: https://www.nipponexpress.com/

NX Group’s official LinkedIn account: https://www.linkedin.com/company/nippon-express-group/

View original content:https://www.prnewswire.co.uk/news-releases/saudi-deputy-minister-of-transport-and-logistics-services-visits-nx-group-building-302278651.html

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Thunes Expands its Direct Global Network into Egypt

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LONDON and CAIRO, Oct. 17, 2024 /PRNewswire/ — Thunes, the Smart Superhighway to move money around the world, today announced a major expansion of its Direct Global Network into Egypt. This expansion brings mobile wallet and bank account payment capabilities to Thunes’ Pay solutions, enhancing the company’s cross-border payment services in one of the Middle East and North Africa’s most dynamic markets.

Egypt is experiencing one of the fastest adoption growth rates for mobile wallets across the African continent, driven by accelerating cash-to-digital conversion. According to GlobalData, mobile wallet volume in Egypt is expected to grow 26% annually between 2024 and 2028, with the projected total volume reaching USD 3.8 billion by 2028.

With this expansion, Members of Thunes’ Direct Global Network can now offer consumer remittance services into Egypt, either to bank accounts or to mobile wallets. This service supports all bank accounts in Egypt, with payouts in both Egyptian Pounds and US Dollars. In addition, all mobile wallets in Egypt will now be supported, with payouts available in Egyptian Pounds.

Egypt ranks as the top remittance-receiving market in the Middle East and North Africa region, totaling USD 19.5 billion in 2023, according to World Bank data, making Thunes’ entry into the market an important development for individuals and businesses seeking cross-border payments into the country.

Aik Boon “AB” Tan, Chief Network Officer of Thunes, said: “Expanding Thunes’ proprietary Direct Global Network into Egypt will provide our Members with greater speed, control, visibility, protection, and cost efficiencies for real-time cross-border payments in one of the fastest growing markets in the world. This expansion demonstrates our relentless commitment to global reach and industry-leading Quality of Service through direct network connections, enabling businesses and financial institutions to reliably process payments globally.”

Contact:

Flo Holt, Headland, fholt@headlandconsultancy.com
Mathieu Limousi, Chief Marketing Officer, Thunes, mathieu.limousi@thunes.com

About Thunes:

Thunes is the Smart Superhighway to move money around the world. Thunes’ proprietary Direct Global Network allows Members to make payments in real-time in over 130 countries and more than 80 currencies. Thunes’ Network connects directly to over 7 billion mobile wallets and bank accounts worldwide, via more than 320 different payment methods, such as GCash, M-Pesa, Airtel, MTN, Orange, JazzCash, Easypaisa, AliPay, WeChat Pay and many more. Thunes’ Direct Global Network differentiates itself through its worldwide reach, in-house SmartX Treasury System and Fortress Compliance Platform, ensuring Members of the Network receive unrivaled speed, control, visibility, protection, and cost efficiencies when making real-time payments, globally. Members of Thunes’ Direct Global Network include gig economy giants like Uber and Deliveroo, super-apps like Grab and WeChat, MTOs, fintechs, PSPs and banks. Headquartered in Singapore, Thunes has offices in 13 locations, including Barcelona, Beijing, Dubai, Johannesburg, London, Manila, Nairobi, Paris, Riyadh, San Francisco, Sao Paulo and Shanghai. For more information, visit: https://www.thunes.com/

View original content:https://www.prnewswire.co.uk/news-releases/thunes-expands-its-direct-global-network-into-egypt-302278294.html

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