AI

Business

Global data centre revenue set to surpass $500 billion by 2027

Arnold Pinto 31/07/2024

Driven by AI and other technologies The data centre industry is set to experience an extraordinary surge in revenue, with projections indicating that global revenue will exceed $500 billion by 2027. This forecast underscores the sector’s remarkable trajectory, driven by advancements in

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Red Hat’s Partner Program: Catalyst for AI and virtualisation growth in GCC region

News Desk 30/07/2024

Currently, the Gulf Cooperation Council (GCC) countries, including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE, are increasingly investing in AI and virtualisation technologies as well as leading the way in technological innovations. This focus on cutting-edge technologies seamlessly aligns with digital transformation strategies of the partner program launched

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Cisco Highlights the Utmost Importance of Cybersecurity in the Age of AI

News Desk 30/07/2024

Cisco unveiled key insights into the evolving cybersecurity threat landscape, emphasizing the need for a united front between technology companies and governments. As cyber threats become increasingly sophisticated, Cisco advocates for the development of advanced AI detection systems to ensure a safer online environment for all. Despite ongoing efforts from both public and

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Canva to Acquire Generative AI Platform Leonardo.AI to Bring Leading Visual AI to Every Organization

News Desk 30/07/2024

Canva, a world leader in visual communication with more than 190 million monthly active users, today announced plans to acquire Leonardo.AI. As one of Australia’s fastest-growing startups, and a leading generative AI content and research company, Leonardo.AI is empowering millions of people to bring their ideas to life through production-quality images and videos. The

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Deepnote Acquires Hyperquery; Enabling Organizations to Democratize AI and Data Analytics

News Desk 30/07/2024

Deepnote, the AI-powered data workspace, announced its acquisition of Hyperquery, a competitor in the data science and analytics space. This acquisition marks a significant step in Deepnote’s mission to become the centerpiece of data democratization. Deepnote has redefined collaborative data analysis by building a data workspace that enables team members to share

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Red Hat highlights evolution of AI in Middle East at Red Hat’s EMEA AI Open Talks

News Desk 29/07/2024

The Middle East is quickly establishing itself as a global leader in artificial intelligence (AI) innovation, thanks to large investments made to improve productivity, safety, and reliability of the AI-powered tools. Several industry leaders are driving this shift to improve business outcomes by improving technology and broadening its applications across key sectors. At

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LG Calls for Developers to Participate in LG webOS Hackathon 2024

News Desk 29/07/2024

LG Electronics (LG) announced a call for participants for its annual global webOS hackathon, with a focus this year on AI-based solutions and gaming services. Developers worldwide are invited to apply and submit their apps for a chance to win a significant monetary prize along with the opportunity to present onstage to LG executives in Seoul, […]

Tech

AI boom spurs growth in global cloud infrastructure sector

News Desk 27/07/2024

Amazon and Microsoft in the clear lead Despite not reaching the peaks driven by Covid-19, the global cloud infrastructure sector has evolved into a formidable industry, spurred once again by the surge in artificial intelligence (AI) technology. Amazon’s dominance through its Amazon Web Services (AWS) remains significant, although Microsoft’s Azure is

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Presight Leads AI Enablement Workshop for top Ethiopian Government Officials

News Desk 26/07/2024

Presight, the Middle East’s leading big data analytics company powered by Generative AI, hosted a workshop on the potential of artificial intelligence (AI) for the public sector and was attended by Ethiopia’s Deputy Prime Minister Temesgen Tiruneh and several high-level Ethiopian Government officials. The three-day workshop, held as part of the AI Enablement Initiative,

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Vertiv Launches High-Density Prefabricated Modular Data Center Solution

News Desk 25/07/2024

With demand for AI-ready data center capacity outstripping supply, developers and operators are focused on bringing new capacity online as quickly as possible. To support this goal, Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today launched the Vertiv™ MegaMod™ CoolChip, a liquid cooling-equipped prefabricated modular

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ServiceNow and Boomi Announce Strategic Commitment to Elevate Customer Experiences Through AI-Powered Self-Service

News Desk 25/07/2024

ServiceNow (NYSE: NOW), the AI platform for business transformation, and Boomi, a leader in intelligent integration and automation, today announced a strategic commitment to jointly elevate customer experiences through AI-powered self-service with solutions including ServiceNow Technology Provider Service Management (TPSM). In addition, as a key

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Pearl Raises Largest-Ever Investment in Dental AI with $58 Million Round

News Desk 24/07/2024

Pearl, the global leader in dental AI, today announced that it has raised $58 million in Series B funding to accelerate its mission to elevate patient care in dentistry. Left Lane Capital led the round, with participation from Smash Capital, Alpha Partners, and existing investors, Craft Ventures and Neotribe Ventures. This funding marks the largest […]

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AI Innovation and Strategic DAM Deployments Fuel Record First Half for Bynder

News Desk 24/07/2024

Bynder, a global leader in enterprise digital asset management (DAM), has revealed how the accelerated adoption of the company’s AI-powered solutions and strategic DAM deployments have driven record growth in the first half of 2024. More than 350 customers have adopted Bynder’s enhanced AI Search Experience since its launch nine months ago, and through the […]

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SLB to Accelerate Co-Development of AI-Driven Digital Platform for Aker BP

News Desk 23/07/2024

SLB and Aker BP today announced they have agreed a long-term partnership to co-develop an AI-driven digital platform for Aker BP to accelerate innovation and deliver substantial efficiency improvements across the company’s E&P operations. The new platform will leverage the Delfi™ digital platform to enable new digital solutions in the cloud for Aker BP. “By […]

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Open Innovation AI Announces Strategic Collaboration with AMD to Advance AI and GPU Orchestration

News Desk 23/07/2024

Open Innovation AI, a premier AI orchestration platform provider, has today announced a strategic collaboration with AMD (NASDAQ: AMD), the high performance and adaptive computing leader. As part of this program, Open Innovation AI intends to utilize AMD Instinct™ GPUs to advance AI model development and deployment. Combining AMD Instinct™ data center GPU technology with

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TTC Global Appoints Thomas Hadorn as Group CEO to Lead the Next Phase of Growth and AI Integration

News Desk 23/07/2024

TTC Global, an elite provider of software testing services and solutions, has appointed Thomas Hadorn as Group CEO. Hadorn has worked closely with TTC Global since 2009 and brings extensive tech leadership and market expansion experience to the role. Hadorn has over 25 years’ experience as a technology executive in the QA space across start-up, […]

Tech

Are you smarter than artificial intelligence?

News Editor 2 22/07/2024

Let’s take a deep dive here In the rapidly evolving landscape of technology, the question of human intelligence versus artificial intelligence (AI) continues to captivate minds and spark debates across various fields. As AI capabilities advance, from language processing to problem-solving, it begs the question: Are humans still the ultimate intelligence? AI has made

Tech

10 AI terms you should know about in 2024

News Desk 20/07/2024

The lexicon of AI is evolving rapidly Since its explosion into mainstream awareness in late 2022, generative AI (GenAI) has transformed our understanding of technology, enabling more accessible interactions with computers through natural language. A growing number of people around the globe, including the Middle East, now tend to grasp concepts like ‘prompts’ and ‘machine

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NTT DATA Unveils Ultralight Edge AI Platform

News Desk 18/07/2024

NTT DATA, a leading IT infrastructure and services company, unveiled its new Edge AI platform to accelerate IT/OT convergence by bringing AI processing to the edge. By processing data when and where it is generated and unifying diverse IoT devices, systems and data, this unique, fully managed solution enables real-time decisions, enhanced operational efficiencies and […]

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AI Saves UAE Workers 4.5 hours Per Week, Freshworks Study

News Desk 18/07/2024

The UAE has once again demonstrated its global leadership in technology with the country, alongside India, leading globally in terms of both AI knowledgeability as well as usage levels. This is according to a new Freshworks report for which 7,000 employees were surveyed from 13 countries across the globe. The study found that the majority […]