Network International (Network), a leading fintech company across the Middle East and Africa, has appointed Ashish Jain as its Group Chief Financial Officer (CFO).
HUMAIN, a Saudi Public Investment Fund (PIF) Company, and the National Infrastructure Fund (Infra) have announced a Strategic Financing Framework Agreement of up to $1.2 billion to support the expansion of AI and digital infrastructure projects in Saudi Arabia.
Saudi Arabia's Ministry of Economy and Planning has announced plans to launch an AI-enabled matchmaking partnership network, SUSTAIN, mainly designed to strengthen cross-sector collaboration and accelerate the delivery of sustainable development initiatives in the kingdom.
Global technology group e& and IBM today announced a strategic collaboration to advance towards an enterprise-grade agentic AI foundation at e&, starting with policy, risk, and compliance.
stc Bahrain, a digital enabler, has announced its partnership with CFI, a leading online trading provider in the region, to provide advanced ICT solutions and connectivity services.
ITC Infotech, a leading global technology services provider, has announced the inauguration of its Digital & AI Engineering Hub in Riyadh, as the company completes 15 years of operations in the Middle East.
OpenText, a global leader in secure information management for AI, and one of Canada’s leading technology companies, has opened its Middle East regional headquarters in Riyadh, underscoring the company’s long-term commitment to Saudi Arabia and the region’s accelerating digital economy.
Worldwide spending on artificial intelligence (AI) is forecast to hit $2.52 trillion in 2026, up 44% over last year, said a report. The AI infrastructure is driving this boom; adding a whopping $401 billion in expenditure as technology providers continue to build out AI foundations.
NVIDIA and Eli Lilly and Company on Thursday announced a first-of-its-kind AI co-innovation lab focused on applying AI to tackle some of the most enduring challenges in the pharmaceutical industry.
Envision, a global leader in green technology, on Thursday announced the launch of Dubhe, its groundbreaking Energy Foundation Model, designed to shape the world’s largest Physical AI system – the AI energy system.
