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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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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 449
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CIOs contend with gen AI growing pains

CIO

Guan, along with AI leaders from S&P Global and Corning, discussed the gargantuan challenges involved in moving gen AI models from proof of concept to production, as well as the foundation needed to make gen AI models truly valuable for the business. “Our MIT event, moderated by Lan Guan, CAIO at Accenture.

Airline 510
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AI-native software engineering may be closer than developers think

CIO

The future is now Even with some issues to work out, and some resistance from developers to AI coding assistants, AI-native coding is the future, says Drew Dennison, CTO of code security startup Semgrep. Gen AI tools are advancing quickly, he says.

Startups 532
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The unstoppable rise of AI in healthcare: What to expect at GITEX GLOBAL 2024

CIO

AI is revolutionizing the healthcare industry, GITEX GLOBAL 2024, marking its 44th edition in Dubai between 14 and 18th October with a huge focus on how AI takeover in healthcare is unstoppable, with health industry leaders betting big on AI’s transformative potential. This year too it will be full of exciting solutions and ideas.

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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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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 replaces Feiyu Xu as SAP’s global head of AI. For the past 18 years, Sun worked at Microsoft, most recently as VP of AI for its business and applications platform group.