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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
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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.

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How to capitalize on ‘Trustworthy AI’

CIO

Businesses have to make sure that in their desire to be first to market, they don’t sacrifice on quality.” 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. Artificial Intelligence

Capital 539
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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. Even though many device makers are pushing hard for customers to buy AI-enabled products, the market hasn’t yet developed, he adds. Still, after 2028, it will be difficult to buy a device that isn’t AI optimized.

IT 501
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AI dominates Gartner’s 2025 predictions

CIO

Organizations that deploy AI to eliminate middle management human workers will be able to capitalize on reduced labor costs in the short-term and long-term benefits savings,” Gartner stated. “AI By 2029, 10% of global boards will use AI guidance to challenge executive decisions that are material to their business.

Security 508
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Capital Group invests big in talent development

CIO

For financial services company Capital Group, competing in tight IT talent markets is all about the long run. “We We focus on the long term,” says Global CIO Marta Zarraga. 3 for employee satisfaction among large financial services companies, according to Global BPO research firm The Everest Group. Capital Group.

Capital 369
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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.