About 87% of global investors plan to increase AI investments in the Global South within the next two years, with India, Southeast Asia, and the Middle East identified as most likely beneficiaries, a research report by the Future Investment Initiative (FII) Institute, in collaboration with Accenture, said.
A new report by Adnoc and Microsoft indicates that AI is transforming the energy sector, especially in distribution and emerging solutions like predictive maintenance and smart grid management. Notably, 88 per cent of respondents believe scaling AI is crucial for energy transformation.
Hitachi signed a Memorandum of Understanding (MoU) with the US Department of Commerce to enhance energy infrastructure for data centres and promote sustainable AI growth.
Arabian Dyar Real Estate Development Company has announced a strategic partnership with Google, marking the launch of a new phase in its transformation into a real estate intelligence company.
Saudi Arabia's Public Investment Fund (PIF) and Aramco have signed a non-binding term sheet outlining the key terms for Aramco to acquire a significant minority stake in HUMAIN, a PIF company, advancing a full range of AI capabilities globally.
HUMAIN and Qualcomm Technologies today announced a transformative collaboration to deploy advanced AI infrastructure in Saudi Arabia.
IFS, a leading provider of Industrial AI software, has released a global study showing how Industrial AI, among other trends, is reshaping the manufacturing sector.
Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries, marked its 39th anniversary with the unveiling of a refreshed brand identity - a bold yet thoughtful evolution designed to sharpen the company’s competitive edge, project its forward momentum, and reinforce its leadership position in the era of AI-led transformation.
Amid a rapidly shifting global landscape defined by geopolitical uncertainty, climate change and tech disruption, Generative AI and innovation-led 'Engine 2' business models are emerging as major drivers of resilience across the region, says a new study.
Samsung Electronics has unveiled Galaxy XR, introducing a new category of AI-native devices designed to deliver immersive experiences for users. Built on an open platform with multimodal AI at its core, Galaxy XR unleashes a future of discovery, play and work.
