Saturday 21 December 2024
 
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Oman wealth fund buys stake in Musk's AI company

In a major move, the Oman Investment Authority (OIA) has acquired a key stake in XAI, an US company owned by celebrity billionaire Eleon Musk which specialises in artificial intelligence (AI) technology, as part of its global expansion strategy, reported Oman News Agency.

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Digital Dubai and DFF sign deal to cultivate future skills

Digital Dubai has signed an agreement with the Dubai Future Foundation (DFF), to develop national competencies that can anticipate and shape the future through innovative concepts, technologies, skills and tools.     The agreement was signed by Tariq A

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Alimak invests in robotics tech for building maintenance

Alimak Group and Skyline Robotics have announced a five-year exclusive agreement to develop automated Building Maintenance Units, BMUs, for permanent facade access. Alimak Group is also investing a minor undisclosed amount in Skyline Robotics.   The agreement wi

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HPE delivers 3 of the top 4 supercomputers in KSA in 2024

Hewlett Packard Enterprise (HPE) has delivered not only the top 3 Supercomputers in the world, but also 3 of the top 4 supercomputers in Saudi Arabia.    Among them, El Capitan showcases how monumental performance capabilities can accelerate AI-driven scien

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Siemon introduces bundled fibre trunks

Siemon, a global leader in network infrastructure solutions, has announced the launch of its new bundled fibre trunks. Designed to streamline fibre optic network installations and reduce deployment time, these fibre trunks offer a cost-effective and reliable option for a variety of projects.&

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Savoye plans AI implementation in 2025

Savoye, a leading one-stop shop integrator of automated warehouse solutions and software publisher in the Middle East, unveiled ambitious plans and strategies for 2025 at recently concluded industry event ‘Logimotion.’    These plans include adv

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2025 will see organisations ‘pivot to quantum readiness’

Palo Alto Networks' predictions for the cybersecurity industry in EMEA leads with a call for cyber teams to get a quantum resistant roadmap in place in order to future-proof their organisations from this growing threat and opportunity.    Drawing from i

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Space42 signs $5.1bn contract with UAE Government

Space42, the UAE-based AI-powered SpaceTech firm, has signed an AED18.7 billion ($5.1 billion) contract with the UAE Government to provide critical, secure communication services for a further 17 years beyond 2026 until 2043.     The contract reinforce

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UAE’s TII launches world’s most powerful small AI models

The Technology Innovation Institute (TII), a leading applied research centre under Abu Dhabi’s Advanced Technology Research Council (ATRC), has unveiled Falcon 3, the latest iteration of its open-source large language model (LLM) series.    This groun

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Zain unveils new ‘4WARD’ corporate strategy

Zain Group, a leading provider of innovative technologies and digital lifestyle and ICT, has announced the introduction of ‘4WARD’-Progress with Purpose, a new five-year sustainable corporate strategy.    This strategy is focused on continuity,

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