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Public cloud

Public cloud’s contribution to UAE economy could reach $181bn by 2033 – report

Amazon Web Services commissioned a study to provide an econometrical method for calculating the aggregate productivity gains realised by economies that adopt cloud computing

TII unveils its Falcon 40B

Abu Dhabi’s TII unveils its Falcon 40B AI model open source

Falcon 40B is a foundational large language model with 40 billion parameters and trained on one trillion tokens

Google

Google teams up with UAE organisations for AI research and sustainability initiatives

The announcement was made during an event at the MBZUAI campus, where Google introduced three significant initiatives

TaxGPT Worlds-First-AI-Powered-Corporate-Tax-Assistant image: Virtuzone

Introducing TaxGPT, the AI-powered UAE corporate tax assistant

Virtuzone has launched TaxGPT to help UAE-based businesses get answers related to the upcoming corporate tax regime based on information from the UAE’s MOF and FTA

OpenAI

OpenAI raises $175m for startup investment fund

The platform has been investing in startups working in artificial intelligence for a while

ASUS Zenbook S 13 OLED

Redefining Mobility: Introducing the astonishingly lightweight ASUS Zenbook S 13 OLED

Unmatched portability at 1cm thin and 1kg light

Khalifa Fund launches Franchise UAE image credit KFED

Franchise UAE: Khalifa Fund launches new portal to help businesses buy and sell franchises

Franchise UAE is designed to cater to both existing, homegrown businesses seeking to develop a franchise and aspiring entrepreneurs looking to invest in an established business concept

Construction uae saudi arabia

Construction boom: UAE, Saudi Arabia expect surge in project numbers and values, says report

Majority of construction decision makers in the two countries are confident about the market conditions over the next 12 months

Meta offloads Giphy for a loss. Image credit: Getty Images

Meta unloads Giphy to Shutterstock at a loss of more than $260m

Facebook’s parent company Meta announced the sale of Giphy after its purchase of the GIF maker was blocked by competition regulators in the UK

Etihad Rail and Uber sign MoU photo credit Uber

Etihad Rail, Uber sign MoU to jointly bolster integrated mobility services

The companies will look at integrating e-hailing services and explore the possibility of creating an Uber dedicated pickup and drop-off area for passengers within stations

Google Cloud

New Google Cloud region in Doha to fuel economic growth and job creation in Qatar

The region is set to contribute a cumulative $18.9bn to economic activity in Qatar between 2023 and 2030 and support creation of more than 25,000 jobs in 2030 alone

Investment Authority Qatar

Builder.ai announces $250m Series D led by Qatar Investment Authority

The funding round included participation from existing and new investors including Iconiq Capital, Jungle Ventures & Insight Partners

Saudia

AI takes flight: Saudia, Accenture collaborate to develop over 260 new digital services

All the digital systems developed by Accenture will be designed specifically for the airline, increasing operational efficiency and reducing costs

Cold storage in Meta data center. Image Credit: META

Meta fined record $1.3bn in EU over US data transfers

The Meta fine coincides with the fifth anniversary of the EU’s General Data Protection Regulation, widely seen as the world’s benchmark for privacy

WhatsApp

Say goodbye to typos: WhatsApp launches edit message feature

The edit history will not be displayed, ensuring that the original content remains private

Huawei cybersecurity

Huawei joins industry leaders in Baku to address cybersecurity challenges

Top cybersecurity experts from the Middle East and Central Asia convene at an exclusive roundtable alongside GSMA M360 EURASIA 2023 Conference

Tam Development founder and CEO

Saudi’s TAM Development opens IPO subscription on Nomu-Parallel Market

The price range has been set between SAR100 and SAR130 per share, with 85,600 shares on offer representing 16 per cent of company’s share capital 

Why upskilling is the antidote to the ‘AI skills gap’ ailment

Some businesses are abandoning arduous recruitment drives that seek out the unrealistic combo package of AI and business skills in a single candidate

State of AI adoption for enterprise IT management in the Middle East

Businesses in the region are readily investing in AI-driven solutions to unlock productivity, gain competitive advantage, and meet evolving customer needs

EliteBook 1040 G9

Here’s how HP EliteBook 1040 G9 is meeting the needs of businesses

The premium business laptop combines versatile functionality, sleek design and cutting-edge security features

cybersecurity

The changing face of cybersecurity industry in the Middle East

Group-IB examines the three key developments that will shape the cybersecurity industry over the coming months

Meta

Meta touts metaverse’s potential for job training and education

While there’s more commitment by employers in the industries to use VR, adopting the technology remains a hurdle

Amazon cloud services

Amazon to invest $12.7bn in India cloud services by 2030

The US company’s cloud business, which has data centres in the Mumbai and Hyderabad regions has already invested $3.7bn in India from 2016 to 2022

Careem partners RTA in Dubai

Careem, RTA partner to launch ‘School Rides’ in Dubai

The company said its customers can select the ‘School Rides’ car type on its multiservice app to book affordable school rides for their children

Responsible AI

What responsible AI means outside of big tech

For many, the main concerns are not around whether AI will be sentient; rather, it’s about being able to understand the advice and decisions AI models make

safeguard

How to safeguard your ‘digital’ life on a vacation

With the increasing dependence on technology, the tourism industry is also becoming vulnerable to cyberthreats and therefore needs to prioritise security measures

NCEMA X Presight MoU

NCEMA, Presight sign MoU to bolster crisis and emergency management

Presight will work closely with NCEMA to create a hi-tech AI platform that serves the emergency management community

electric abra

Dubai’s RTA trials driverless electric abra

The inaugural voyage of this autonomous electric abra commenced from Al Jaddaf Station and concluded at the Festival City Station on Dubai Creek

Prestige 13 Evo - A13M

MSI launches Prestige 13 Evo – A13M business laptop

Available in black and white, the Prestige 13 Evo – A13M is a sleek and ultra-lightweight laptop, weighing only 990g

Chatbots

Chatbots: The key to delivering everything, everywhere, all at once

AI-powered chatbots have an exceptional track record of enhancing customer interactions, and that record includes measurable and attributable increases to revenue