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PwC Middle East and Microsoft launch an AI excellence center in Saudi Arabia

CIO Business Intelligence

Artificial Intelligence will be a big game changer in the global economy. According to PwCm the Middle East is expected to accrue 2% of the total global benefits of AI in 2030. billion USD in 2030 to the economy. billion USD in 2030 to the economy. This is equivalent to 320 billion USD.

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The case for predictive AI

CIO Business Intelligence

According to Forrester , GenAI will have an average annual growth rate of 36% up to 2030, capturing 55% of the AI software market. Yes, GenAI and Predictive AI are both forms of artificial intelligence, but they have fundamental key differences that businesses must consider. Artificial Intelligence, Machine Learning

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How digital humans can make healthcare technology more patient-centric

CIO Business Intelligence

For nursing staff alone, the International Centre on Nurse Migration projects a 13 million shortage by 2030, an increase from 6 million pre-pandemic. And the World Health Organization (WHO) predicts that, by 2030, there will be a 15 million shortfall in healthcare workers. Artificial Intelligence.

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Samsung plans $116 billion investment in non-memory chips to challenge TSMC, Qualcomm

CTOvision

Samsung Electronics Co Ltd plans to invest $116 billion in non-memory chips through 2030, to cut its reliance on the volatile memory chip market and develop chips to power self-driving cars and AI-enabled devices.

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AWS to invest $5.3 to build data centers in Saudi Arabia to bolster tech in the region

CIO Business Intelligence

Specifically, AWS will launch what it’s calling an AWS infrastructure Region in Saudi Arabia in 2026 to give technology developers, existing businesses, and startups and entrepreneurs a comprehensive, in-country data-center infrastructure for running their cloud-based technology solutions, according to a release by Amazon’s cloud unit. “The

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Robotics data startup led by former Amazon drone engineers emerges from stealth, raises $4.8M

GeekWire

(Roboto Photo) Benji Barash and Yves Albers-Schoenberg experienced the challenges of robotics development while working on Amazon’s ambitious drone project. million seed round and revealing its AI-powered software built to help robotics developers save time. “We got a sneak preview of the pain,” Barash said.

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COP28: Unlocking the potential of AI

CIO Business Intelligence

Artificial intelligence can become a powerful tool to meet the goal of the Paris Agreement of limiting the increase in global average temperature to less than 2°C above pre-industrial levels, for which it is essential to immediately reduce emissions, fast and deep in all productive sectors.