Create

Future

Impact

Gary

Dubai

The four-day event brings together&nbsp;1800&nbsp;startups from over&nbsp;100&nbsp;countries and over 1,000 investors with over US$ 1 trillion under&nbsp;management  
Dubai, UAE, October&nbsp;15, 2023:&nbsp;Expand North Star, the world's largest startup showcase, kicked off today at the new Dubai Harbour venue, featuring the latest innovations in robotics, AI, and entrepreneurship. The four-day event&nbsp;brings together&nbsp;1800startups from&nbsp;100&nbsp;countries&nbsp;and over&nbsp;1,000 investors with over $1 trillion under management.&nbsp;  
Meet ARTEMIS, the World's Fastest-Walking Humanoid Robot  
One of the&nbsp;event's highlights&nbsp;was the&nbsp;first live stage&nbsp;demonstration of ARTEMIS, the world's fastest-walking humanoid robot, developed by UCLA researchers. This versatile robot can walk on any terrain using custom-designed actuators that mimic biological muscles, unlike most robots&nbsp;with&nbsp;rigid, position-controlled actuators. ARTEMIS stands at 4 feet, 8 inches and weighs 85 pounds. It can run and jump on rough, unstable surfaces with a speed of 2.1 m/s.&nbsp;The developers'&nbsp;goal is for the autonomous soccer playing robot&nbsp;team&nbsp;to defeat&nbsp;a&nbsp;human&nbsp;world&nbsp;championship&nbsp;team by 2050.  
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Dr Dennis Hong, the visionary behind this groundbreaking innovation,&nbsp;explained&nbsp;that the&nbsp;key behind&nbsp;ARTEMIS'&nbsp;excellent balance while walking on uneven terrain and its ability to runwas the ability&nbsp;to&nbsp;get both feet off the ground while in motion, a&nbsp;revolutionary&nbsp;feat for robots.&nbsp;  
Empowering Youth Entrepreneurs to Shape the Future  
Expand North Star also hosted&nbsp;YouthX&nbsp;Unipreneur, the biggest youth entrepreneurship programme in the region, inspiring students to become the chief architects of the future. The programme attracted more than 1,500 students from over 40 schools and universities, who pitched their innovative ideas to a panel of experts. More than 600 youth ambassadors and 50 on-stage and off-stage engagements were also part of the programme.  
Hassan&nbsp;Sabt, President&nbsp;of&nbsp;Dubai Youth Council,&nbsp;highlighted Expand&nbsp;North Star's&nbsp;significance&nbsp;as&nbsp;a platform for young investors and startups to learn from global industry leaders, compete in live events, share&nbsp;ideas&nbsp;and&nbsp;develop&nbsp;leadership skills.&nbsp;  
"The Dubai Youth Council&nbsp;was&nbsp;founded under the direction of&nbsp;our leadership&nbsp;to empower Emirati youth to&nbsp;take an&nbsp;active roleand lead strategic industries. The platform also&nbsp;fostersconnections&nbsp;while&nbsp;maximizing efforts towards&nbsp;achievingnational&nbsp;and global&nbsp;goals.&nbsp;There is no better investment in a country than investing in youth.” he said.  
"Our partnership with GITEX&nbsp;YouthX&nbsp;at&nbsp;Expand North Star is just the beginning of much bigger plans to&nbsp;assume&nbsp;more impactful&nbsp;measures&nbsp;on behalf of Emirati youth,"&nbsp;added&nbsp;Sabt.  
Leveraging AI/ML to Create Products that Make an Impact  
Another key session at Expand North Star was a panel discussion on&nbsp;using&nbsp;artificial intelligence and machine learning to create products that dent the universe. The panel featured product managers from global unicorns such as Bolt, Reddit, and Booking.com, who shared their best practices and tips for founders, including&nbsp;Ali Rana, VP of Product at Bolt, Mayank Yadav, Director of Product at Reddit,&nbsp;and&nbsp;Sanchit Juneja, Director of Big Data and ML at Booking.com.&nbsp;  
The panellists cautioned against falling for the AI hype. Adopting technology for its own sake with no added value is a sure way to fail as an entrepreneur. Technology, the audience heard, must solve an existing problem. That said, the speakers warned, business owners must keep abreast of technological evolution as many paradigms have changed, affecting careers people thought were indestructible.  
Demystifying the&nbsp;Entrepreneur Journey  
Gary Blowers, CEO&nbsp;of UAE-based&nbsp;LVL Well-being, shared&nbsp;hisexperience&nbsp;raising&nbsp;funds for his startup&nbsp;on&nbsp;the Spotlight&nbsp;Stage.&nbsp;The company&nbsp;joined&nbsp;an&nbsp;accelerator program&nbsp;in July 2021, hoping to&nbsp;raise capital in six months.&nbsp;Pitches to&nbsp;hundreds of investors&nbsp;yielded nothing.&nbsp;"Raising capital is a marathon, not a sprint. It's also essential to understand that everyone's journey in raising capital is different,&nbsp;and it takes time in this challenging market.&nbsp;But&nbsp;don't get too caught up with raising capital that you forget to grow the business; keep one eye on the commercials,"he&nbsp;urged.  
"I've learned some valuable lessons during this process,"&nbsp;he continued.&nbsp;"First, your data room is crucial to your success. Keep it updated to reflect your evolving business. Second, be brutally honest with yourself and your team. Communicate candidly, even when things don't go as planned."  
Blowers&nbsp;highlighted the importance&nbsp;of&nbsp;the&nbsp;founder and team'swell-being.&nbsp;"The entrepreneurial journey can negatively impact mental health, leading to burnout and depression. Prioritize your well-being and create a healthy work culture. Taking care of yourself and your team is key to completing the fundraising marathon and being ready to win at the end."  
Expand North Star is the ultimate&nbsp;global&nbsp;destination for startup innovation and inspiration. The event will run until 18 October 2023 at the Dubai Harbour, the Middle East's biggest iconic superyacht hub. 
The post <a rel="noopener noreferrer nofollow" href="https://optimisus.com/press-releases/dubai-celebrates-innovation-and-entrepreneurship-as-expand-north-star-opens/">Dubai Celebrates Innovation and Entrepreneurship as Expand North Star Opens</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://optimisus.com">Optimisus</a>.

Dubai Celebrates Innovation and Entrepreneurship as Expand North Star Opens

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