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DeepFest

TikTok, Zoom and Mohammad the Humanoid Robot headline DeepFest opener

At DeepFest, stakeholders are optimistic about the potential to expand, scale, and drive innovation in AI, underscoring Riyadh’s emergence as a key player in the global technology landscape

Woman working on PCs by HP

PCs redefined: Say hello to your new personal companion

Imagine the possibilities when your ‘Personal Companion’ can integrate your unique company and personal working data with real-time analysis of vast volumes of public information

nvidia-jensen-huang

Nvidia surpasses $2 trillion valuation as AI rally heats up

Nvidia’s stock market value edged above $2 trillion for the first time before receding by the end of the session

Elon Musk sues OpenAI, Sam Altman for ‘abandoning mission’

The lawsuit said Altman and OpenAI’s co-founder Greg Brockman originally approached Musk to make an open source, non-profit company

How LEAP 2024 aligns with Saudi Arabia’s Vision 2030

Tahaluf’s CEO shines the spotlight on LEAP 2024

Michael Champion says the move to a larger venue for LEAP in 2024, reflects the event’s commitment to accommodate more innovative technologies, digital entrepreneurs and tech startups

Apple shelves electric car plans after decadelong odyssey

Apple shelves electric car plans after decadelong odyssey

Several employees working on the electric car project will be shifted to the firm’s artificial intelligence division

Abu Dhabi’s IHC appoints AI-powered observer to its board

Meet GCC’s first AI-powered board member: IHC’s ‘Aiden Insight’

‘Aiden Insight’ will attend IHC board meetings as a non-voting observer, offering real-time insights to inform discussions and guide decisions

Gemini - Sundar Pichai, chief executive officer of Alphabet Inc., during the Google I/O Developers Conference in Mountain View, California, US, on Wednesday, May 10, 2023. Google introduced a new large language model, used for training artificial intelligence tools like chatbots, known as PaLM 2, and said it has already woven it into many of the internet search company’s marquee products. Photographer: David Paul Morris/Bloomberg

Google to pause Gemini AI model’s image generation of people due to inaccuracies

Bard was rechristened as Gemini earlier this month and Google rolled out paid subscription plans

Nvidia

Nvidia stock soars as revenue outlook beats expectations, driven by high AI demand

Nvidia stock has gained more than 30 per cent so far this year as it jockeys with Amazon.com and Alphabet for a spot among the most valuable companies

DeepFest 2024 has an amazing line-up of speakers this year

DeepFest 2024: A platform for AI leaders and luminaries

DeepFest 2024 has an impressive line-up of speakers who will share AI’s potential to rewrite the economic rulebook, and deeply influence the way we work, create and communicate

DeepFest 2024: World’s premier AI event returns to Riyadh

DeepFest returns to Riyadh: A glimpse into the future of AI

The event features seminars and discussions on AI policy and governance, AI ethics and regulation, GenAI, robotics, and AI and the future of work

OpenAI unveils AI model that turns text into video

Text to video: OpenAI announces new Sora model

The software is currently available for red teaming as well as for use by visual artists, designers and filmmakers to gain feedback on the model

Sam Altman of OPENAI

OpenAI hits $2bn revenue milestone, looks for investors in UAE

Investors have valued the San Francisco-based startup at more than $80bn

Riyadh Air to use Oracle software in digital-first push

New airline, Riyadh Air, is bulking up its use of enterprise software as the company looks to push a digital first strategy

Remittances rise by 5%, reveals world bank report

Bucking the trend: 2024 GCC banking outlook

GCC banks’ financial performance remains resilient while they capture and benefit from the growth opportunities arising on the back of the long-term National Vision

CES 2024

AI to dominate this year’s CES, even without OpenAI’s Altman on hand

CES 2024, formerly known as the Consumer Electronics Show, runs January 9-12

ADNH, Marriott partner to operate 3 former Emaar hotels

These 3 former Emaar hotels to be rebranded under Marriott

Marriott will operate the three properties under the banners of JW Marriott and Autograph Collection Hotels effective January 1, 2024

How Archer aims to revolutionise travel in the UAE

Flying Taxis: How Archer aims to revolutionise travel in the UAE

Nikhil Goel, chief commercial officer of Archer Aviation, showcases how the company is leveraging the strong global demand and its robust ecosystem to revolutionise urban air mobility

GCC region M&A blazes trail as global deals decline

GCC region M&A blazes trail as global deals decline

The GCC region has proven to be one of the most kinetic deal markets in the world in 2023, with dealmakers expected to remain relatively active in the near future

Sam Altman of OpenAI search

OpenAI in talks to raise new funding at $100bn valuation

The terms, valuation and timing of the funding round have not yet been finalised and could still change

AI

Europe agrees landmark AI regulation deal

The accord requires foundation models such as ChatGPT and general purpose AI systems (GPAI) to comply with transparency obligations before they are put on the market

IN PICTURES: All the Gulf Business 2023 Award winners

The awards celebrated luminaries from across the region’s business ecosystem

Revealed: Winners of the Gulf Business Awards 2023

The awards celebrated luminaries from across the region’s business ecosystem

Sam Altman to return as OpenAI CEO

Sam Altman will return as CEO days after his ouster, following several days of drama between him and the board of OpenAI

Sam Altman of OpenAI search

Daily Insider: OpenAI drama puts future of AI at risk

The mystery around Sam Altan’s firing is starting to turn ugly, while also potentially posing an existential risk to the artificial intelligence space.

Google switches on cloud region in Saudi Arabia

The search engine giant has officially activated its newest cloud region in Saudi Arabia, opening a host of new digital opportunities for the country’s economy

AI

Interview: SAS harnesses generative AI to provide industry solutions

SAS is researching the application of large language models to industry problems with a focus on delivering trusted and secure results to customers

HUMANE AI

Humane’s new AI pin promises to revolutionise computing forever

Humane has raised $241m from Microsoft, OpenAI CEO Sam Altman, and others

Elon Musk - xAI - Grok

Elon Musk unveils AI-bot ‘Grok’, announces plan to integrate xAI with his social media platform

xAI released its first AI model, a bot named Grok, which was made available to all X Premium+ subscribers before its public launch

GCC neobanks and the next banking revolution

How GCC neobanks are shaping the next banking revolution

Neobanks have reset the paradigm for the traditional banking industry in terms of customer experience, product innovation and pricing