AI

Markets Tech

Big Five tech giants add $3.2 trillion to their stock value in 2023

Arnold Pinto 23/12/2023 0

2023 is a breakout year for AI technology globally It is common knowledge that the global artificial intelligence (AI) industry has registered unprecedented growth in recent years following surging AI adoption across the consumer and business sectors. Yet, it is only 2023 that is proving to be

Corporate GCC UAE

84% of UAE employees aim to develop their digital skills during their careers

Arnold Pinto 22/12/2023 0

UAE-based workforce favours AI use in the workplace An overwhelming 84% of UAE-based employees are excited about developing digital skills throughout their careers, while 81% believe businesses should promote the development of AI skills in the workplace, even as 53% find it challenging to incorporate digital skills into their work schedule. These and other telling […]

NEWS DESK

It’s time for developers and enterprises to build with Gemini Pro

News Desk 1 14/12/2023

Last week, we announced Gemini, our largest and most capable AI model and the next step in our journey to make AI more helpful for everyone. It comes in three sizes: Ultra, Pro and Nano. We’ve already started rolling out Gemini in our products: Gemini Nano is in Android, starting with Pixel 8 Pro, and […]

NEWS DESK GCC UAE

EasyCars Unveils Vehicle Advertising AI: First-of-Its-Kind in the UAE Automotive Industry

News Desk 1 11/12/2023

EasyCars, a leader in automotive technology, is excited to unveil an industry-first innovation that is set to revolutionize the way dealerships create compelling ads. Vehicle Advertising AI, the latest feature, harnesses the power of artificial intelligence to make generating ad copy a breeze. Say goodbye to the hassle of manual input and say hello to […]

NEWS DESK

Generative AI will have greater impact on white collar jobs than blue collar jobs in next 10 years

News Desk 1 30/11/2023

New workplace research from Pearson, the world’s leading learning company, finds that white-collar roles are under greater threat from generative AI than blue-collar roles, as the technology takes a greater foothold in the global economy. The latest instalment of Pearson’s Skills Outlook series looks at ‘Gen AI Proof Jobs’ – analysing the impact of generative […]

NEWS DESK

CPX launches groundbreaking AI-powered cyber threat detection service

News Desk 1 28/11/2023

CPX Holding, a leading provider of digital-first cybersecurity solutions and services, today announced the launch of its groundbreaking cybersecurity solution —the CPX Intelligent Threat Detection Platform. Developed in-house, this innovative solution employs advanced cyber threat detection technology to safeguard clients against evolving threats. The service has been

NEWS DESK

Deel’s AI hiring report reveals global AI job surge

News Desk 1 27/11/2023

AI has taken centre stage across the GCC in recent years, captivating the world of business across the region and beyond with its groundbreaking innovations and rapid adoption. Deel, an all-in-one HR platform for global teams, has taken a deeper look into whether the increased implementation of AI has translated into tangible job opportunities. According […]

Finance

Singapore FinTech Festival 2023 closes with a record 66,000 participants

News Desk 1 24/11/2023 0

By Daniel Ngiam Singapore FinTech Festival 2023 (SFF 2023) registered a record 66,000 participants, up from 62,000 attendees in 2022, while convening leaders and experts worldwide in finance, technology and public policy. The eighth edition of the event, held at Singapore Expo from November 14-17, 2023, was organised by the Monetary Authority of Singapore, Singapore’s […]

NEWS DESK

Parsons Leverages Technical Expertise to Transform Construction Supervision with AI and 360-degree Imagery

News Desk 1 20/11/2023

Parsons Corporation (NYSE:PSN) announced that it has successfully integrated, streamlined, and scaled artificial intelligence (AI) and 360-degree imagery on multiple mega- and giga-projects across the Middle East. Working with SEKTOR.build, the company is leveraging the OpenSpace.ai platform for this initiative, combining the latest in technology with advanced construction

NEWS DESK

Threat Predictions for 2024: Chained AI and CaaS Operations Give Attackers More “Easy” Buttons Than Ever

News Desk 1 14/11/2023

By Derek Manky, Chief Security Strategist and VP of Global Threat Intelligence at FortiGuard Labs, Fortinet With the growth of Cybercrime-as-a-Service (CaaS) operations and the advent of generative AI, threat actors have more “easy” buttons at their fingertips to assist with carrying out attacks than ever before. By relying on the growing capabilities in their […]

NEWS DESK

The Role of AI in Transforming Experiential Retail

News Desk 1 13/11/2023

Artificial intelligence (AI) has become so seamlessly integrated into our day to day lives, you may not even notice when you’re using it. From asking Siri for a song to following Waze on your way to work, AI is redefining the way we communicate, work and play. The retail sector is one industry that has […]

NEWS DESK

DeepLearning.AI and Coursera launch Generative AI for Everyone from AI

News Desk 1 08/11/2023

Coursera, a leading online learning platform, announced the launch of Generative AI for Everyone from DeepLearning.AI, a new course taught by global AI leader Andrew Ng. The course is designed to help learners everywhere navigate the profound shift generative AI is bringing to the world. McKinsey research shows that generative AI could enable automation of […]

NEWS DESK

Vertiv Invests in Manufacturing Facility in Northern Ireland

News Desk 1 08/11/2023

Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that it is making a significant investment in a manufacturing facility in Campsie, Derry / Londonderry, creating approximately 200 skilled jobs and contributing to the Northern Ireland economy. Supported by Invest Northern Ireland, Vertiv’s investment will

NEWS DESK

APCO LAUNCHES ADAPTIVE INTELLIGENCE, AI ADVISORY OFFERING

News Desk 1 08/11/2023

As businesses around the globe act to understand and capitalize on the full potential of artificial intelligence, APCO Worldwide announced today that it is launching a new form of adaptive intelligence called Margy—an advanced form of AI that dynamically brings the collective wisdom and history of APCO’s powerful team to its client strategy and work, […]

NEWS DESK

IFS delivers strong Q3 2023 results thanks to increased demand for AI

News Desk 1 01/11/2023

IFS, the global cloud enterprise software company, today announced its financial results for the year to date (YTD) ending September 30th, 2023. The company reported substantial YoY increases in annual recurring revenue (ARR) of 49 percent, cloud revenue of 54 percent, and software revenue of 37 percent, which represents an impressive 80 percent share of […]

NEWS DESK

Zoom AI Companion hits one million meeting summaries milestone

News Desk 1 31/10/2023

Today Zoom Video Communications, Inc. (NASDAQ: ZM) announced that Zoom AI Companion, the company’s generative AI assistant, has reached a milestone less than two months after its launch, with more than 125,000 accounts using AI Companion, generating more than one million meeting summaries. Zoom also announced new capabilities, additional language support, and further

NEWS DESK

Vertiv Unveils Customer Experience Center and Data Center

News Desk 1 31/10/2023

Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, announced the grand opening of its Vertiv Customer Experience Center, featuring a microgrid power solution to help data centers address electrical grid capacity and availability challenges. Data centers are experiencing these challenges as advancements in digital

NEWS DESK

Abu Dhabi Accountability Authority Unveils AI-Powered Audit Platform

News Desk 1 26/10/2023

The Abu Dhabi Accountability Authority, in a ground-breaking collaboration with G42’s Presight.ai, has unveiled Al Mersad, an innovative AI-powered platform poised to revolutionize the auditing landscape in the United Arab Emirates. Al Mersad represents a significant leap forward in auditing technology, harnessing the capabilities of artificial intelligence and big

NEWS DESK

UAE’s HLB HAMT to emerge as intelligent automation and AI Centre of Excellence

News Desk 1 23/10/2023

HLB HAMT, UAE-based leading audit and tax advisory firm, has signed an agreement with Automation Anywhere, a global leader in Intelligent Automation and Artificial Intelligence (AI), at the recently concluded GITEX Global 2023, to function as a Center of Excellence (CoE) in the UAE and beyond. The establishment of a Robotic Process Automation Center of […]

Gitex Tech

Huawei presents Pangu Models 3.0 tech at GITEX Global 2023

Arnold Pinto 22/10/2023 0

ICT provider bridges the gap between technologies and industry needs Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, used the GITEX Global 2023 platform to highlight the new Huawei Cloud Pangu Models 3.0 services. Designed to reshape whole industries and hone technologies, Pangu Models 3.0 focuses on