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Saudi Arabia launches $100 Billion AI initiative to lead in global tech

CIO

The program, known as Project Transcendence, marks a significant push by the Kingdom to develop a robust AI ecosystem that can rival leading tech hubs, including neighbouring United Arab Emirates and other global technology centers. billion in a global super-scaler cloud, and Oracle investing $1.5

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South Korea’s political unrest threatens the stability of global tech supply chains

CIO

South Korea’s sudden political upheaval has raised fresh concerns for its economy and global supply chains, with analysts warning of potential disruptions to its critical technology exports. of the global memory semiconductor market, with a DRAM market share of 70.5% It accounts for 60.5% and a NAND market share of 52.6%.

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5 top business use cases for AI agents

CIO

AI agents are powered by the same AI systems as chatbots, but can take independent action, collaborate to achieve bigger objectives, and take over entire business workflows. Take Avantia, for example, a global law firm, which uses both commercial and open source gen AI to power its agents. We cant do that for security reasons, he says.

Business 538
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The impact of language AI on global communication

CIO

As the world becomes increasingly globalized, businesses need to adapt which is why language translation has never been more important. While free translation tools may suffice for consumers, when it comes to business, good enough isnt enough and only precise, nuanced, context-rich and secure solutions will do.

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Marketing-Led Post-COVID-19 Growth Strategies

Businesses are laying off workers, shutting their doors (some permanently), and struggling to react to the radical destruction that coronavirus (COVID-19) is doing to our society and communities. Most have already sustained massive damage, and we still have yet to see the scope of this global pandemic.

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11 ways to ensure IT-business alignment

CIO

Most IT and business executives recognize the necessity of close alignment. What really matters is determining how to fit every function together to achieve unified goals — chiefly IT and its business counterparts, given the importance technology has organizationwide. Here are 11 effective ways to reach that goal.

Business 533
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UK launches platform to help businesses manage AI risks, build trust

CIO

The UK government has introduced an AI assurance platform, offering British businesses a centralized resource for guidance on identifying and managing potential risks associated with AI, as part of efforts to build trust in AI systems. Meanwhile, the measures could also introduce fresh challenges for businesses, particularly SMEs.