Remove Capital Remove Globalization Remove Innovation
article thumbnail

Saudi Arabia’s deep tech startup ecosystem thrives with focus on AI and IoT, fueling Vision 2030

CIO

These sectors are emerging as key drivers of innovation and investment in the Kingdom, with over 43 high-growth startups collectively raising more than 987 USD in funding. This success is a testament to the growing availability of venture capital, a dynamic entrepreneurial ecosystem, and government support for innovation-driven ventures.

Startups 448
article thumbnail

New AI upgrades, innovations, and solutions unveiled at the Tencent Global Digital Ecosystem Summit

CIO

During the Tencent Global Digital Ecosystem Summit, held at the Shenzhen World Exhibition & Convention Center from September 5-6, Tencent unveiled a slew of cloud and Artificial Intelligence (AI) offerings, proprietary innovations, and global solutions for enterprises to advance their digital transformation efforts.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Companies look to sell off assets to pay for AI investments

CIO

But some companies, particularly in the IT sector, now appear to be reevaluating their business models and will consider selling non-core lines of business and products to fund AI projects, says James Brundage, global and Americas technology sector leader at EY, an IT and tax advisory firm.

Capital 488
article thumbnail

9 IT resolutions for 2025

CIO

Innovate Shane McDaniel, CIO for the City of Seguin, Texas, says his city has grown by about 35% since the 2020 census. McDaniel says this work also creates a strong launchpad for more IT innovation in the upcoming year. Were embracing innovation, he explains. Heres what they resolve to do in the upcoming 12 months.

IT 526
article thumbnail

UAE: Microsoft expands Global Engineering Development Center to Abu Dhabi

CIO

Microsoft has announced the expansion of its Global Engineering Development Center to Abu Dhabi, marking a significant milestone in the UAE’s journey to becoming a global technology leader.

article thumbnail

Gartner projects major IT spending increases for 2025

CIO

Generative AI is likely to confuse the capital investor as much as any technology ever has,” he adds. Although Rucker raises concerns about the global economy and rising technology costs, he says many IT spending increases will be necessary. The company will still prioritize IT innovation, however.

IT 501
article thumbnail

How to capitalize on ‘Trustworthy AI’

CIO

When a new wave of technology innovation seems to be breaking over the horizon, the fear of missing out — FOMO — can drive hasty decisions on new IT investments. Whatever form of AI they end up pursuing, they really need to be on the alert for what could either damage their reputation or just lead them down some wrong paths,” he adds.

Capital 539