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Intel’s AI accelerators to get Vertiv liquid-cooling solutionVertiv, a provider of critical digital infrastructure solutions, said it is collaborating with Intel to provide a liquid cooling solution that will support the revolutionary new Intel Gaudi3 AI accelerator, scheduled to launch in 2024. AI applications an More… |
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PureHealth Holding IPO fully subscribed on first dayPureHealth Holding, one of the largest healthcare platforms in the Middle East, has confirmed robust interest in its Initial Public Offering (IPO) on the first day of the subscription period. The final offer price has been More… |
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Amazon unveils new AI assistant to reimagine the future of workAmazon Web Services, (AWS), an Amazon.com, has launched a new type of generative artificial intelligence-(AI) powered assistant that is specifically for work and can be tailored to a customer’s business at the AWS re:Invent, its biggest cloud event of the year, in Las Vegas. More… |
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Saudi group Datavolt to develop sustainable data centres in UzbekistanDataVolt, a unit of Saudi-based investment holding company Vision Invest, has reached an agreement with Uzbekistan for setting up sustainable data centers in the country and making it the first fully renewable data centre campus in the region. Vision Invest gr More… |
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Tamkeen to train 60 Bahrainis in AI and MLBahrain’s Labour Fund (Tamkeen) will train 60 Bahrainis in Machine Learning (ML) and Artificial Intelligence (AI) technologies in collaboration with Amazon Web Services (AWS) and the Bahrain Institute of Banking and Finance (BIBF). The programme ai More… |
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DFDF allocates up to 20pc of $270m fund for climate techThe Dubai Future District Fund (DFDF) has earmarked a substantial 20%, equivalent to AED200 million, of its AED1 billion ($270 million) fund for supporting climate technology and innovation. This announcement, made on COP28's Finance Day, underscores More… |
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Ericsson and AT&T in $14bn deal to pioneer networks of futureEricsson and AT&T are collaborating in an industry-defining roughly $14 billion five-year network transformation and digitalisation strategic agreement to pioneer the path to programmable and intelligent networks of the future. The deal is the largest financially in Ericsson’s histo More… |
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TII unveils blockchain carbon emissions tracking, trading platformThe Technology Innovation Institute (TII), a leading global scientific research centre, has launched its blockchain-powered carbon tracking and trading platform, which will facilitate international trade in carbon tokens. Verifiable and trustworthy carbon trading can play a vital role in driv More… |
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GBI establishes a new Point of Presence (POP) in OmanGulf Bridge International (GBI), a trusted infrastructure provider that connects communities via the Middle East, has announced the launch of its new Point of Presence (POP) in Oman via the Equinix MC1 Data Centre. This interconnects all major data centres in the Gulf region to Asia and Europ More… |
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Ooredoo, Zain and TASC launch $2.2bn tower companyLeading regional telecom companies Ooredoo and Zain Group have signed definitive agreements with TASC Towers Holding to create the largest tower company in the Mena region in a cash and share deal. According to the telcos, the enlarged tower compan More… |
