Technology

Microsoft invests $1.5 billion in Abu Dhabi’s G42 to accelerate AI development, global expansion

As part of the agreement, Brad Smith, Vice Chair and President of Microsoft, will join the G42 board of directors

Seamless Middle East, Arab League renew partnership to develop region’s digital economy

Collaboration strengthens efforts to propel Arab world's digital economy forward

Banking beyond borders: How technology is bridging the gap for the financially excluded

Harnessing data analytics, machine learning and AI to empower underserved communities

Space economy set to triple to $1.8 trillion by 2035, WEF’s new report reveals

Private sector investment in space reached an all-time high of $70 billion in 2021 and 2022

Crypto firm Ripple to launch U.S. dollar stablecoin, targeting $150 billion market

This move puts Ripple in competition with Tether and Circle in stablecoin market

Will Google introduce a paid subscription option for its AI-powered search engine?

Introduction of charges would mark the first time users pay for enhancements to Google’s core search product

PIF-owned SITE teams up with Korea’s AhnLab for advanced cybersecurity solutions in Saudi Arabia

SITE will hold a 75 percent stake in the local joint venture to be set up in the Kingdom

Why AI chip maker Nvidia can’t afford to rest on its laurels

AI isn’t going anywhere; and neither is Nvidia's competition

76 percent of MENA residents believe living in a smart city would make them happier: Report

Smart and connected buildings and homes emerge as top priorities for MENA residents

UAE, Kenya to forge digital corridor, partner on AI, data centers, and digitalization

The data center projects will boast a total capacity of up to 1,000 megawatts

Dubai Trade platform to integrate AI for smoother supply chain networks

Since its launch in 2003, the Dubai Trade platform has completed over 300 million transactions

Apple to reveal new AI strategy at Worldwide Developers Conference on June 10

Tech giant to showcase innovations and proactive features aimed at revolutionizing user experience

Why businesses are approaching generative AI with caution

According to a report, 78 percent of businesses look at gen AI as a competitive opportunity

UAE issues Google Chrome security alert, urges users to update browsers

Google recently released the new version of its Chrome web browser

UN adopts first global AI resolution in a bid to promote security

Unanimous decision encourages protection of human rights and privacy in the age of AI

Bahrain: 10.4 million digital transactions in 2023, 85 percent reduction in operational costs

iGa saw 89 percent surge in transaction rates, launch of 66 new eServices

Dubai Aerospace Enterprise inks $420 million unsecured 5-year term loan

The loan will support the future financing needs of the business, DAE stated

42 percent of UAE companies adopt AI in business operations: Study

Insights highlight impact of AI in driving efficiency and enhancing consumer experiences

Bitcoin: Is the cryptocurrency really back?

From abysmal lows to historic highs and rapid descends, Bitcoin is doing what it does best

Abu Dhabi’s G42 partners with EcoCloud to set up geothermal-powered data center in Kenya

The data centre will have an initial capacity of 100MW, with the potential to build up to 1 gigawatts

ADNEC to organize Bitcoin MENA Conference 2024: Uniting global industry leaders in Abu Dhabi

The event will discuss the potential, challenges, and innovations within the evolving Bitcoin ecosystem

Egypt aims for $1.75 billion investments in communications & IT sector by 2023/2024

Private investments are estimated to reach approximately 63 percent of the total