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It was announced today that Dubai authorities are planning a street constructed with gold, Euronews reports.
Although the exact method of incorporating gold is not yet revealed, the project will become part of the city’s new brand, Dubai Gold District. This district unites hundreds of shops selling gold jewelry and ornaments. The opening date for the street has not been announced.
“Gold is deeply embedded in Dubai’s cultural and business life. It symbolizes our heritage, prosperity, and entrepreneurial spirit. By creating this significant location, we aim not only to honor tradition but also to establish a unique design for a new era of development,” said Ahmed Al-Haja, Director of Dubai Festivals and Retail Establishment (DFRE).
Dubai is already famous for iconic architectural projects, including the Burj Khalifa and the world’s largest Ferris wheel, Ain Dubai. Recently, the Ciel Dubai Marina hotel opened, reaching a height of 377 meters, making it one of the tallest hotels in the world.
Tech Giant Amazon Negotiates Landmark $7 Billion Acquisition of AI Startup Decart
Today in 11:31Amazon is reportedly in advanced talks to acquire the Israeli artificial intelligence startup Decart in a deal valued at approximately $7 billion, according to The Wall Street Journal. Founded in 2023, Decart specializes in software that seamlessly bridges various AI processors and develops generative 3D world models such as "Lucy" and "Oasis." The startup had previously reached a $4 billion valuation earlier this year after raising over $400 million from major venture funds.
The strategic acquisition is poised to boost Amazon’s AWS cloud computing division, enhancing its proprietary Trainium3 AI chips to better compete against market leader Nvidia in generative AI hardware infrastructure.
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