artificial intelligence

ADNOC awards $5.5 billion contract for Ruwais LNG plant

Project to more than double ADNOC’s existing UAE LNG production capacity to around 15mmtpa

MENA IT spending to grow 5.2 percent in 2024 to $193.7 billion: Report

Spending on data center systems to decline by 0.3 percent in 2024

Apple shares rise 7.26 percent to record high following AI features release

Apple's market capitalization reached $3.18 trillion, making it world's second most valuable company again

AI Retreat 2024: Sheikh Hamdan plans to double AI’s positive impact to drive economic growth, improve quality of life in Dubai

H.H. said the retreat will serve as an annual platform to examine the transformative impact of AI across all sectors

Sheikh Hamdan appoints 22 Chief AI Officers across government entities in Dubai

The accelerated adoption of AI, alongside the development of its tools and applications, represents a cornerstone of the vision of Sheikh Mohammed

Consumer brands see a massive increase in CTR by personalizing website experiences

Behavior-based insights and purposeful personalization boost conversion rates, yielding higher brand revenues

AI to add $15 trillion to the global economy, says Dubai’s flagship free zone DMCC

Generative AI and the surge in e-commerce and digital services trade will drive global trade resilience

Worldwide AI chips revenue to grow 33 percent to $71 billion in 2024: Report

The value of AI accelerators used in servers is expected to increase to $33 billion by 2028

Saudi Arabia emerges as key investor in Elon Musk’s $24 billion startup xAI

The startup recently announced its $6 billion Series B funding round which it will utilize to launch xAI’s first products in the market

Public cloud spending projected to reach $675 billion globally by 2024: Report

SaaS spending is forecast to grow 20 percent to reach a total of $247.2 billion in 2024

Dubai’s RTA accelerates technological advancements with AI, metaverse and robotics in new digital strategy

The Authority launched 24 innovative initiatives integral to Digital Strategy 2023-2030

UAE and France partner to boost global AI ecosystem

The partnership will cover various areas, including data centre and supercomputing infrastructure buildout