middle East

Feb. 10 (Bloomberg) -- Saudi Arabia unveiled $14.9 billion (currently about CNY108.896 billion) worth of tech investments and strategic partnerships at the LEAP technology conference in Riyadh on Feb. 9, marking an expansion of the country's AI and digital infrastructure strategy, German media outlet bne IntelliNews reported today. The Saudi Ministry of Communications and Information Technology announced that it will spend $10.9 billion (currently about CNY79.662 billion) on AI infrastructure and startup funding, while Groq (...

Qatari telecoms group Ooredoo has signed a deal with NVIDIA to deploy AI technology in the company's data centers in five countries in the Middle East, Aziz Aluthman Fakhroo, chief executive of Ooredoo, said in an interview on 23rd local time, Reuters reported. The move represents NVIDIA's first large-scale rollout in the Middle East, and Ooredoo will be the first company in the region to offer its data center customers direct access to NVIDIA's AI and graphics processing technology. Previously, Washington had restricted access to the place...

Earlier this year, the UAE established the Artificial Intelligence and Advanced Technology Committee, which on Monday (today) local time announced the establishment of a technology investment company to drive the development and application of cutting-edge technologies, local UAE media outlet Aletihead reported. Image source Pexels The company is said to be based on the idea of improving the lives of the current, and next generation, and will invest in accelerating the development and application of artificial intelligence and advanced technologies through world-leading partnerships in the UAE and globally. The company's investment strategy is focused on three main areas, which IT House has organized as follows:...