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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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Accelerating AI for financial services: Innovation at scale with NVIDIA and Microsoft

CIO

Always on the cusp of technology innovation, the financial services industry (FSI) is once again poised for wholesale transformation, this time with Generative AI. GenAI-powered financial services use cases Across the sector, GenAI is empowering innovation and enabling new work patterns.

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Saudi Arabia launches $100 Billion AI initiative to lead in global tech

CIO

Saudi Arabia has announced a 100 billion USD initiative aimed at establishing itself as a major player in artificial intelligence, data analytics, and advanced technology. These include data center expansion, tech startups, workforce development, and partnerships with leading technology firms.

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How Cairn Oil & Gas taps its network of 2,000 startups to fuel innovation

CIO

Leading the charge is Sandeep Gupta, chief digital and information officer, who says the Indian oil and gas company is leveraging information technology and data as part of a massive transformation of its five core pillars: exploration for energy sources, surface, subsurface, asset optimization, and health, safety, and environment (HSE).

Startups 448
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5 pitfalls to avoid when partnering with startups

CIO

Enterprise technology leaders are actively partnering with startups to help make their organizations more innovative and agile. Co-creating with startups can help kickstart innovation , provide CIOs with access to hard-to-find skills in emerging technologies, and round out digital transformational strategies.

Startups 482
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CIOs contend with gen AI growing pains

CIO

“Then we need to bring that to the [financial services] community as a whole for evaluating [generative AI] models and solutions,” said Dayalji, who is also CEO of Kensho, S&P Global’s AI innovation hub. “I Secondly, how do you give them tools to do different work and innovate?”

Airline 510
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AI in the C-suite: Using AI to shape business strategy

CIO

“The critical element lies in automating these steps, enabling rapid, self-learning iterations that propel continued improvement and innovation.” However, research demonstrates that more executives, like Schumacher, recognize the connection between AI and business innovation. Most AI hype has focused on large language models (LLMs).

Business 482