Dubai, October 11, 2024:  Web3 and AI consulting giant VAP Group is pleased to announce the second edition of the Global AI Show, taking place on December 12 and 13, 2024 at the Grand Hyatt Exhibition Centre, Dubai. The event will be held under the official support of the United Arab Emirates Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications Office. With its theme of ‘AI 2057: Accelerating Intelligent Futures’, the Global AI Show is set to host C-suite executives, ministry officials and leaders from the world’s top companies who will explore the cutting edge technological developments across the UAE and the globe. The Cyber Security Council is the strategic partner of the two-day event organized by VAP Group and powered by a leading media network Times of AI. It will be led by a multidisciplinary advisory board – the Global AI Advisory Board – composed of industry experts such as Jamie Metzl, Healthcare Futurist, Geopolitical Expert and Author of Hacking Darwin; Alaa Moussawi, Chief Data Scientist at the New York City Council, among others, who will regularly meet to discuss key industry developments through the year as well as be the committee steering conversations that happen live on stage. “The Global AI Show is more than just a one-time event. With over 100 C-suite speakers and a community of over 110,000 people, it will bring the whole AI ecosystem under one roof,” said Vishal Parmar, Founder and Chief Executive Officer of VAP Group.

H.E. Dr. Mohammed Al Kuwaiti, Head of Cyber Security Council, UAE Government; Lt. Col. Dr. Essa Al Mutawa, Chief AI Officer, Dubai Civil Defence H.Q.; Dr. Marwan Alzarouni, CEO – AI, Dubai Economy and Tourism; Georges De Moura, Group CISO & Vice President, EDGE; Dr. Dirk Jungnickel, SVP Enterprise & Analytics & Intelligence, Emirates Group; Alexis Jean-Baptise, Chief Data & Analytics Officer, LÓreal, and many more will be present to lead discussions around the application and future of AI in various industries. While the world is gearing towards an AI-driven future, where technological evolution has unveiled a transformed tomorrow full of possibilities, significant risks, concerns and questions continue to persist. How effective are the emerging strategies for governing AI? How is AI already making groundbreaking progress that may alter the course of humanity? Where do the major opportunities lie between the potential benefits and fear surrounding these monumental changes? “The Global AI Show is committed to steer these crucial conversations, unravel answers, navigate groundbreaking developments and explore strategies that balance the transformative potential of AI in a multitude of sectors including healthcare, cybersecurity, governance, fintech, data and analytics,” said Vishal Parmar. Do not miss this opportunity to connect with visionaries in the AI industry. Secure your tickets by visiting: https://www.globalaishow.com/tickets/ and be a part of the experience. About VAP Group: VAP Group, established in 2013, is a leading force in Web3 and AI solutions, offering services in PR, advertising, recruitment, content development, and events and media management. Led by CEO Vishal Parmar, VAP Group continues to drive innovation through strategic PR and influencer marketing, bounty campaigns, and global conferences. Their flagship events, the Global Blockchain Show and Global AI Show, showcase the brightest minds in these transformative fields. Known for its creativity and forward-thinking approach, VAP Group remains at the forefront of blockchain and AI consultancy. For media inquiries, exclusive interviews, or press passes, please reach out to: media@globalaishow.com.

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Ripple Labs filed its cross-appeal in the US Court of Appeals for the Second Circuit The company is attempting to contest an August 7 judgement made by Judge Analisa Torres The SEC v Ripple Labs is a case that dates back to 2020

Ripple Labs has filed a cross-appeal in its ongoing litigation battle against the US Securities and Exchange Commission (SEC). The filing was submitted to the US Court of Appeals for the Second Circuit. Ripple is attempting to challenge the judgement made against the company on August 7 where it was ordered to pay $125 million for violating securities laws by Judge Analisa Torres. “Today, Ripple filed a cross-appeal to ensure nothing’s left on the table, including the argument that there can’t be an “investment contract” without their being essential rights and obligations found in a contract,” said Stuart Alderoty, chief legal officer at Ripple, in a post on X. An ongoing case In 2020, the SEC sued Ripple, Christian Larsen, the company’s co-founder and former CEO, and Brad Garlinghouse, Ripple’s current CEO, after alleging that they raised $1.3 billion through the sale of XRP, an unregistered securities offering, according to the regulator. However, last year, Judge Torres found that XRP wasn’t a security when it came to the sales to the public, its employees, and developers, marking a huge win against the SEC. Yet, direct sales to institutional investors, Torres found that these sales were securities. Alderoty continued: “Last year, the SEC unsuccessfully tried to take an early appeal of the rulings that Ripple’s XRP sales on exchanges and Ripple’s other XRP distributions, like to employees and developers, weren’t securities. They’ll likely go after these again – and they will lose on both again.” Speaking on the matter, Garlinghouse said: “With our cross-appeal today, we’re looking forward to sealing the SEC’s fate and finally putting an end to the SEC’s regulation-by-enforcement agenda. Ripple was the industry leader in the first go-round in court and we look forward to leading the way in this round as well.”

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Brad Garlinghouse Christian Larsen Ripple Labs Ripple News SEC