French artificial intelligence company Mistral has announced the upcoming release of its largest open-weight model, Mistral Large 4, nicknamed Le Chonk. Speaking at a company event in Abu Dhabi, CEO Arthur Mensch claimed the model outperforms Chinese rivals in specific areas such as cybersecurity. The system is scheduled for public release on October 27, following a €3 billion funding round.
The Dubai Business Associates programme has welcomed 23 professionals from 15 countries for its 12th cohort after receiving 14,600 applications globally. Participants, who include graduates from China's Tsinghua and Peking universities, will complete nine months of business placements and consulting projects across key Dubai public and private sector organisations. The programme is run under Falcon and Associates and has built a network of 350 alumni across 11 previous cohorts.
AD Ports Group subsidiary Noatum Logistics has launched a dedicated global business line focused on fairs and events logistics. The new organisation operates with dedicated teams across key markets, including the United Arab Emirates and Greater China. It builds upon existing event logistics operations in the UAE, which have served major international exhibitions such as IDEX and NAVDEX.
Abu Dhabi sovereign wealth fund Mubadala Investment Company plans to deploy approximately $39 billion annually across market cycles, with an increasing focus on Asia. Speaking at the Milken Institute Asia Summit in Singapore, Chief Financial Officer Carlos Obeid named China, South Korea, India, and Japan as primary markets for expanded capital allocation. Over the past three years, Asia's share of Mubadala's portfolio has grown from 10 per cent to approximately 13 per cent.
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