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Dubai Welcomes Expand North Star, Showcasing Breakthrough Innovations and Youth Entrepreneurship

In this post:

  • YouthX Unipreneur fosters youth innovation at Expand North Star.
  • Entrepreneurs emphasize persistence and well-being in fundraising journey.
  • Artemis: Cutting-edge humanoid robot redefines agility and versatility.

Dubai, UAE, Expand North Star, the global hotspot for startups, officially inaugurated its four-day event at Dubai Harbour, marking a momentous occasion in the world of innovation and entrepreneurship. With the latest strides in robotics, artificial intelligence, and business acumen taking center stage, the event has attracted a staggering 1800 startups from 100 different countries, alongside a notable consortium of over 1000 investors managing an impressive $1 trillion in assets.

Introducing ARTEMIS, the world’s premier fast-walking humanoid robot

A highlight of the event’s debut was the unveiling of ARTEMIS, a humanoid robot touted as the fastest of its kind worldwide. Developed by a team of pioneering researchers at UCLA, ARTEMIS showcased its remarkable prowess on stage, demonstrating its ability to traverse any terrain with a fluidity that mirrors human movement. Unlike its conventional counterparts equipped with rigid actuators, ARTEMIS stands at 4 feet 8 inches and weighs 85 pounds, boasting the capability to sprint and leap at a notable speed of 2.1 m/s on uneven and unstable surfaces. Dr. Dennis Hong, the mastermind behind this revolutionary creation, emphasized the breakthrough achieved in granting ARTEMIS unparalleled balance on rough terrains, owing to its ability to lift both feet while in motion, a leap forward in the world of robotics.

In a bid to cultivate a culture of innovation and entrepreneurship among the youth, Expand North Star played host to the exuberant YouthX Unipreneur program. Drawing in over 1500 students from 40 educational institutions, the initiative provided a platform for young minds to pitch their ingenious ideas before a panel of experts. Alongside the enthusiastic participation of 600 youth ambassadors and 50 immersive on-stage and off-stage engagements, the program underscored the event’s commitment to nurturing the next generation of leaders.

Underlining the significance of empowering youth in entrepreneurship

Hassan Sabt, the President of Dubai Youth Council, underscored the pivotal role of Expand North Star in fostering an ecosystem that empowers young Emirati entrepreneurs. Stressing the council’s commitment to propelling strategic industries forward, Sabt emphasized the value of platforms like Expand North Star in fostering global connections and aligning efforts with both national and global objectives. “Investing in youth is an investment in the future of our nation,” Sabt affirmed, emphasizing the paramount importance of nurturing youthful talent and innovation. He further hinted at the council’s future initiatives aimed at bolstering the prospects of Emirati youth in the global landscape.

Unveiling the potential of artificial intelligence

A notable session at Expand North Star saw a distinguished panel discussion on the transformative power of artificial intelligence and machine learning in creating groundbreaking products. Product managers from renowned global companies, including Bolt, Reddit, and Booking.com, shared their insights and best practices for aspiring founders. Ali Rana, VP of Product at Bolt, Mayank Yadav, Director of Product at Reddit, and Sanchit Juneja, Director of Big Data and ML at Booking.com, collectively emphasized the need for technology to address existing challenges rather than being implemented for its own sake, cautioning entrepreneurs against succumbing to the allure of technology without tangible value addition.

Lessons in persistence and well-being

Gary Blowers, the CEO of LVL Well-being based in the UAE, shed light on his personal fundraising journey at the Spotlight Stage. Reflecting on the challenges of securing capital in a competitive market, Blowers underscored the need for persistence and emphasized the significance of maintaining a balance between fundraising endeavors and sustainable business growth. Stressing the importance of a transparent and candid approach in communications, Blowers emphasized the vital role of mental well-being for founders and their teams, highlighting the imperative of fostering a healthy work culture conducive to both success and holistic well-being.

A global launchpad for innovation

Positioned as the ultimate global destination for entrepreneurial innovation and inspiration, Expand North Star continues to serve as a beacon for global startups, investors, and industry leaders. The event is set to continue until October 18, 2023, at Dubai Harbour, solidifying its position as the preeminent hub for global entrepreneurial prowess and groundbreaking innovations.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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