New research by Strategy& Middle East reveals that Generative AI could significantly transform key sectors in Saudi Arabia, such as telecom, media, and technology, driving substantial profit margin increases by 2028. Early adopters of GenAI stand to gain a decisive competitive edge through innovation and operational efficiency.
Dubai AI Campus, in partnership with Google Cloud, aims to accelerate AI and Web3 innovation by offering cutting-edge infrastructure and resources to startups. This collaboration includes mentorship opportunities, access to Google Cloud’s Gen AI Startup School, and essential AI tools, positioning Dubai as a global leader in the AI and technology sectors.
MBZUAI has welcomed its largest and most diverse cohort, including inaugural computer science and robotics students. With over 4,800 applicants and a 5% admission rate, the university continues to grow in global recognition, offering advanced AI education and research opportunities. The institution also celebrates its fifth anniversary and introduces new departments.
Huawei has launched AI initiatives to drive Saudi Arabia’s Vision 2030, focusing on digital transformation and economic diversification. The company highlighted its advanced AI technologies and noted significant growth in public cloud revenue during the Huawei Cloud Summit in Riyadh, where it showcased its role in the Kingdom’s technological progress.
Huawei has launched AI initiatives to support Saudi Arabia’s Vision 2030, focusing on digital transformation and economic diversification. At the Huawei Cloud Summit in Riyadh, the company highlighted its advanced AI technologies and noted a tenfold increase in public cloud revenue in Saudi Arabia in 2023.
IFS will showcase its AI-powered enterprise solutions at the World Utilities Congress 2024 in Abu Dhabi, highlighting its top-ranked Enterprise Asset Management (EAM) solutions. The company will demonstrate how its AI-driven tools help utilities achieve operational excellence and meet net-zero targets, with a focus on innovation, efficiency, and customer success.
Dubai AI Campus and Google Cloud have partnered to boost the growth of startups within the Dubai AI Campus. The collaboration will provide mentorship, resources, and access to Google Cloud’s AI innovations, supporting Dubai’s vision to become a global tech hub. This partnership aims to accelerate AI-driven innovation and entrepreneurship in the region.
The Global AI Summit 2024 in Riyadh will bring together over 300 global AI leaders to explore advancements in AI, including Generative AI, AI in urban life, and ethical governance. Hosted by SDAIA, the summit will feature high-profile discussions, international collaborations, and agreements aimed at advancing global AI innovation and responsible AI practices.
Saudi Arabia has launched the Digital Future Readiness Program, aiming to train 7,000 residents in generative AI. Led by the Ministry of Communications and Information Technology and Noon Education, the initiative seeks to strengthen the nation’s AI talent pool, supporting Saudi Arabia’s goal of becoming a global leader in AI innovation and education.
The Global AI Summit 2024 in Riyadh, hosted by SDAIA, will bring together over 300 global AI leaders to explore advancements in AI, including Generative AI and ethical governance. The event aims to foster international collaborations and drive innovation, with high-profile sessions and agreements expected to shape the future of AI globally.
