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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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The UAE emerges as a global leader in AI, driving innovation and future technology

CIO

A lot of organizations started exploring a variety of GenAI-enabled business use cases and especially large organizations (with more than 500+ employees) have been more enthusiastic about adopting this new technology, mainly due to the competitive pressure, availability of financial resources, and skills to support,” explained Jyoti Lalchandani, Group (..)

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Competition is stiff, but retailers know what it takes to compete

CIO

Changing consumer behavior and expectations, competition from major e-retailers, evolving cybersecurity challenges, inflationary pressures, sustainability and environmental concerns, and the pressure to take advantage of AI are all very real concerns for retailers today. the world’s leading tech media, data, and marketing services company.

Retail 243
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AI as a catalyst for ESG: Empowering CIOs to drive sustainable innovation

CIO

Companies seeking to align their technology investments with ESG goals can draw inspiration from global frameworks like the United Nations’ Sustainable Development Goals (SDGs) , which offer a blueprint for addressing environmental and social challenges worldwide. CIOs are critical to the success of ESG initiatives.

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ConocoPhillips goes global with digital twins

CIO

With demand for low-cost energy ever increasing, along with competition from renewable sources of energy, ConocoPhillips is leveraging digital twins to optimize the safety and efficiency of its assets. Dubbed the ConocoPhillips Global Digital Twin Program, it’s earned ConocoPhillips a 2023 CIO 100 Award in IT Excellence.

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7 risk management rules every CIO should follow

CIO

Look around and youll see technological, economic, and competitive obstacles that CIOs must not only handle, but defeat. A PwC Global Risk Survey found that 75% of risk leaders claim that financial pressures limit their ability to invest in the advanced technology needed to assess and monitor risks. Risk is inescapable.