Technology

NVIDIA revenue soars 265 percent to $22.1 billion

Net income for the quarter stood at $12.29 billion, up 769 percent from the year-ago period

Saudi Arabia ranks 1st in MENA region for e-government services

Kingdom's digital transformation efforts recognized for second consecutive year

Nintendo shares plummet 6 percent amid Switch 2 delay speculations

Highly anticipated successor to switch pushed to early 2025, Impacting holiday sales prospects

DAMAC and Vodafone invest $100 million in new data center

The new data centre to be built in Türkiye's Izmir with a capacity of 6 megawatts

Nvidia’s earnings report to influence global AI market sentiment

Investors brace for potential impact on tech sector and AI stocks

Apple faces $539 million EU fine over alleged competition law breaches

Antitrust concerns loom as EU prepares penalty for tech giant

LEAP 2024: Saudi Arabia to host 3rd edition of tech event in March

LEAP 2024 is set to welcome more than 1,800 global tech exhibitors.

Qatar’s Islamic fintech market set to grow to $4 billion by 2027: Report

Qatar is home to 24 of the 417 identified Islamic fintech firms globally.

Sora: Meet ChatGPT-creator OpenAI’s text-to-video model

Sora can create videos using simple text prompts, and has been released to a select number of users for feedback.

WGS 2024: UAE AI Office partners with Emirates Global Aluminium to accelerate AI adoption in industrial sector

Agreement aims to foster research partnerships for AI, including the development of new aluminum alloys

Alibaba forges strategic partnerships with local Gulf companies

Chinese E-commerce giant strengthening ties with Saudi Arabia and the UAE

Nvidia surpasses Alphabet, becomes 3rd most valuable U.S. company

Chipmaker's soaring stock value reflects dominance in AI market

Tech boom: MENA emerges as global digital economy hub

Digital economy in region projected to increase from $180 bn in 2022 to $780 bn by 2030

WGS 2024: UAE’s ATRC and Brazil’s São Paulo join forces to advance AI in government services

Exploring and driving adoption of Falcon LLMs and Falcon-powered solutions

WGS 2024: Omar Al Olama launches Building Responsible Artificial Intelligence Forum

AI market to grow by 33 percent in 2024, reaching around $20 billion by 2025

WGS 2024: AI will not replace humans any time soon, assures Meta’s top scientist

Artificial intelligence systems lack essential components needed to create an analytical mind, says Dr. Yann LeCun.

Four Saudi cities ranked in the ‘Smart Cities Index’ in 2023

Kingdom aims for 10 Saudi cities in top 50 global rankings

WGS 2024: AI should not be feared, governments must embrace it, says NVIDIA founder Jensen Huang

Huang stresses on need to build AI infrastructure on first day of World Governments Summit in Dubai.

ADGMA Research Center pioneers intersection of finance and tech

Exploring the impact and potential of quantum computing in finance

Cisco to launch state-of-the-art cloud data center in the UAE

Center to enhance cybersecurity, connection performance for businesses of all sizes

ADGM and Solana Foundation partnership to advance blockchain innovation in Abu Dhabi

Will enhance Distributed Ledger Technology solutions in the capital of capital