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Saudi Arabia reportedly plans $40bn push into AI

Saudi Arabia “plans” $40bn push into artificial intelligence

Public Investment Fund’s representatives have discussed a potential partnership with US venture capital firm Andreessen Horowitz

Nvidia unveils flagship AI chip, the B200, aiming to extend dominance

Nvidia unveils world’s most powerful AI chip

Nvidia’s new flagship chip, called the B200, takes two squares of silicon the size of the company’s previous offering and binds them together

Cisco completes splunk acqusition

Tech giant Cisco completes landmark acquisition of Splunk

Cisco acquired Splunk for $157 per share in cash, representing approximately $28bn in equity value

eVTOL firm FlyNow targets 2025 e-copter test flights in Saudi, UAE

Small e-copters carrying up to two passengers could be ferrying passengers in the UAE and Saudi Arabia in just a few years, says the CEO of FlyNow

G42, EcoCloud partner to build green data centre in Kenya

Abu Dhabi’s G42, EcoCloud partner to build green data centre in Kenya

The new facility will enhance cloud computing and artificial intelligence services to advance digital transformation in Kenya

saudi arabia - Vision 2030 - IMF

PIF-backed Jada commits $266m in its first venture debt investment

This investment aims to bolster the growth of the Venture Debt ecosystem in Saudi Arabia.

TikTok

US house votes 352-65 to pass TikTok crackdown bill

The TikTok bill passed 352-65, with bipartisan support, but it faces a more uncertain path in the Senate

DIFC enacts comprehensive digital assets law Image-DIFC

Dubai’s DIFC enacts world’s first comprehensive digital assets law

The new legislation came into effect on March 8 and is available for public access through the DIFC’s Legislative Database

Abu Dhabi AI group G42 unveils new AI tool BoardNavigator

How Abu Dhabi’s G42 is bringing AI to the boardroom

BoardNavigator will be able to analyse large proprietary and public data sets to support board members in decision-making processes

How the mena region is evolving into a global mobile gaming oasis, says Sandsoft's CTO SAudi-Arabia-to-host-esports-and-gaming-conference-Image-GettyImages-1385176759

Insights: The MENA region is poised to be the next big mobile gaming oasis

According to the International Trade Administration, there are around 23.5 million gamers in Saudi Arabia, which accounts for almost 70 per cent of its population

What consumers want from their apps insights by James Harvey of Cisco GettyImages-1274394138

Insights: Here’s what consumers want from their apps today

Individuals are becoming far more sophisticated and discerning in their use of applications, and completely unforgiving when they encounter bad digital experiences

Lan Guan Chief AI Officer of Accenture on navigating the AI path responsibly

Accenture’s Lan Guan on navigating the AI path, responsibly and productively

Accenture’s chief artificial intelligence officer shares why it is essential to educate businesses and citizens to embark on their AI journey at their own pace, leveraging data for evidence-based decision-making

shark tank uae-dr shimmari

‘If you don’t integrate AI, you’re out’: Shark Tank contestant talks future of startups

Dr Abdullah Al Shimmari, an entrepreneur and participant in TV shows like Bebaan and Shark Tank, shares insights into securing funding and the future of AI in business

Abu Dhabi pushes deeper into AI with new investment firm

Abu Dhabi pushes deeper into AI with new investment firm

MGX counts Abu Dhabi wealth fund Mubadala Investment Company and Group 42 as its founding partners

Ian Goh talks during LEAP 2024. (Supplied)

Singapore streaming outfit BIGO targets $500m investment in Saudi Arabia

BIGO has a 5-year plan to launch 500 jobs with an investment of $500m in the Kingdom of Saudi Arabia

TikTok

US could ban TikTok within weeks

The app is popular and getting legislation approved by both the House and Senate in an election year may be difficult

PwC Middle East CTO Ali Hosseini.

PwC Middle East CTO Ali Hosseini on driving AI adoption

In this podcast, the chief technology officer of PwC Middle East explains more around how his company is approaching AI

Breaking barriers: Logitech’s Loubna Imenchal on women leadership in the tech industry

Gulf Business talks to Logitech’s top executive in the region about collectively shaping a more equitable and compassionate tech industry

Michael Champion, CEO of Tahaluf.

Tahaluf CEO Michael Champion on LEAP 2024’s explosive growth

In this interview, Tahaluf CEO Michael Champion gives us insight into what it takes to host and organise LEAP 2024 in Riyadh

A recap of MWC 2024: The weird and the wonderful gadgets on display

From flying cars to gadgets that look like jewellery, the MWC 2024 saw tech companies showcase a range of futuristic concepts

LEAP

Tech investments approach $13bn on Day 2 at LEAP 2024

The Riyadh Exhibition and Convention Centre in Malham witnessed the unveiling of investments aimed at supporting local start-up ecosystems

5.5G

The reality of 5.5G technology: A game-changer in telecommunications

Huawei and Du signed a Memorandum of Understanding (MoU) to boost 5G-Advanced (5G-A) technology in the UAE

Zoho CEO Sridhar Vembu

Zoho CEO Sridhar Vembu on big Saudi push, new data centres

Sridhar Vembu speaks to Gulf Business about his company’s launching of two new data centres in Saudi Arabia

Cloudflare co-founder Michelle Zatlyn

Cloudflare co-founder Michelle Zatlyn: ‘Middle East internet usage up 20%’

The Cloudflare co-founder says internet growth in the Middle East was 20 per cent in the last quarter of 2023, far higher than the global average of 5 per cent

How ADNOC generated $500m in extra value from AI solutions

How ADNOC generated $500m in extra value from AI solutions

The oil firm’s use of AI technologies abated up to one million tonnes of carbon dioxide emissions between 2022 and 2023

Instagram , Facebook - META -AI

Facebook, Instagram down for thousands in the UAE

The tracker’s UAE website showed over three thousand reports for Instagram and over six thousand reports for Facebook

LEAP 2024

LEAP 2024: AWS, IBM, Dell and other tech firms commit massive $11.9bn in investments

The announcement underscores Saudi Arabia’s position as a growing tech powerhouse in the region

Deloitte

Deloitte ME Growth Leader on Neo Banks, Saudi’s new regional office

We sat down for a chat with Deloitte on the sidelines of LEAP 2024 to know about their focus areas for the year ahead

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

Bitcoin surges past $68,000, in sight of record high

Bitcoin soars above $68,000 as it nears 2021 all-time high

The cryptocurrency has gained 50 per cent this year amid a surge in inflows into US-listed bitcoin funds