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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. In recent years, the Kingdom has set up research centers, ministries, and educational programs focused on AI.

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

CIO

A recent report from the Ministry of Communications and Information Technology, King Abdullah University of Science and Technology, and consultancy firm Hello Tomorrow highlights the rapid growth of deep tech startups in Saudi Arabia, with 50% of these startups focusing on AI and IoT.

Startups 448
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IT Hardware Startups Turn to Data Analytics for Market Research

Smart Data Collective

Global companies are projected to spend over $9.7 One of the biggest ways that data analytics is changing marketing is that it can help with marketing research. Startups require a solid foundation founded on extensive market research to flourish in this volatile climate. What new technologies are on the horizon?

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Ex-OpenAI chief scientist Ilys Sutskever launches new AI startup

CIO

Different nations need to define boundaries and establish compliance through global policies. Sutskever’s departure was soon followed by resignations from other OpenAI researchers, including Jan Leike and Greten Krueger, who cited safety concerns. Both the researchers announced their exit from OpenAI on social media platform X.

Startups 476
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SAP poaches Microsoft exec as its new global head of AI

CIO

SAP has appointed a new global head of artificial intelligence, Walter Sun, after the previous post-holder quit to found her own AI startup. Sun has a PhD from MIT and continued to publish academic research papers during his time at Microsoft, in addition to teaching at Seattle and Washington universities.

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The UAE Government partners with Mastercard to establish a Global AI Hub and combat financial crime

CIO

This strategic collaboration aligns with the UAE’s Vision 2031, which aims to integrate AI and other cutting-edge technologies across various sectors, enhancing the nation’s digital infrastructure, promoting innovation, and positioning the UAE as a global leader in AI-driven solutions.

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How Startups Can Formulate Data-Driven Marketing Strategies Using AI

Smart Data Collective

The global marketing analytics market was worth $2.1 You have launched your startup. There are many things for you to do to run and grow your startup. Suppose you own a startup and work on formulating your digital marketing strategy. We have talked a lot about the benefits of big data in marketing. billion in 2019.

Startups 316