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

CIO Business Intelligence

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. This includes initiatives to adopt AI domestically and ultimately position Saudi Arabia as an exporter of AI solutions by 2030.

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Huawei Cloud unveils AI initiatives to support Saudi Vision 2030

CIO Business Intelligence

At the Huawei Cloud Summit Saudi Arabia 2024, held today, Huawei Cloud made a significant announcement, unveiling a series of innovative artificial intelligence (AI) initiatives to accelerate Saudi Arabia’s digital transformation. Huawei Cloud’s AI initiatives are directly aligned with these goals.

Cloud 278
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Oracle’s growing impact in the Middle East: Driving AI and cloud innovation

CIO Business Intelligence

At yesterdays Oracle Cloud Summit in Dubai, the company made several key announcements, highlighting not only its deepening commitment to the region but also the exciting trajectory of AI and cloud adoption across the UAE and KSA. A key point shared during the summit was how the Kingdoms organizations are increasingly investing in AI.

Oracle 222
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Saudi Arabia’s cybersecurity strategy: Building a resilient digital future

CIO Business Intelligence

With the rise of digital technologies, from smart cities to advanced cloud infrastructure, the Kingdom recognizes that protecting its digital landscape is paramount to safeguarding its economic future and national security. The Kingdoms Vision 2030 is also a driving force behind its cybersecurity efforts.

Strategy 263
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10 quantum computing milestones of 2024

Network World

Citi is using Amazon Braket, a cloud-based service, to see how well quantum computers could handle portfolio optimization tasks. It works with regular cloud computing and AI tools, so businesses can start integrating quantum capabilities into their existing operations. Full cloud deployment is also possible per customer request.

IBM 397
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Top tech trends powering the Middle East’s digital evolution by 2025

CIO Business Intelligence

Data sovereignty and local cloud infrastructure will remain priorities, supported by national cloud strategies, particularly in the GCC. Adopting multi-cloud and hybrid cloud solutions will enhance flexibility and compliance, deepening partnerships with global providers.

Trends 203
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5 reasons the enterprise data center will never die

CIO Business Intelligence

In 2019, Gartner analyst Dave Cappuccio issued the headline-grabbing prediction that by 2025, 80% of enterprises will have shut down their traditional data centers and moved everything to the cloud. So, Cappuccio wasnt totally wrong; cloud is growing fast, but on-prem isnt declining as precipitously as anticipated.