Surging Development of AI, IoT & Smart Cities Drives SCADA Industry

Editorial May 14, 2024

The global SCADA market size is anticipated to grow from USD 11.2 billion in 2024 to USD 16.6 billion by 2029, at a CAGR of 8.3% from 2024 to 2029, according to the lastest research from Marketsandmarkets. Surging deployment of AI and IoT across manufacturing industries and increasing smart

Third Edition of Global AI Summit Returns to Riyadh this September

Editorial May 13, 2024

Source: Saudi Press Agency Under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, and Chairman of the Board of Directors of the Saudi Data and Artificial Intelligence Authority (SDAIA), the third edition of the Global AI Summit is set to take place from September […]

UAE Council for Artificial Intelligence and Blockchain Concludes 2nd Phase of Subcommittees’ Initiatives

Editorial May 10, 2024

Source: WAM Omar Sultan AlOlama, Minister of State for Artificial Intelligence (AI), Digital Economy, and Remote Work Applications, underscored the imperative of escalating efforts and bolstering the integration of initiatives and projects at the national level to fortify the UAE’s global leadership in AI. He emphasised the necessity of a proactive approach to

Presight’s Q1 2024 Performance: Surge in Revenues and Strategic Projects Mark Strong Start

Editorial May 8, 2024

During the first quarter of 2024, Presight, an AI pioneer listed on the ADX, witnessed a significant surge in revenues, climbing from Dh35.9 million to Dh262.1 million. This remarkable growth of 15.9 percent surpasses the rate experienced during the same period last year by more than double. The surge in revenues was primarily driven by […]

MOBOTIX Outlines New Mid-term Plan Focusing on AI Market Opportunities

Editorial May 7, 2024

With the launch of the new MOBOTIX ONE video platform, MOBOTIX will focus on its core competencies and will in parallel invest in a significant growth plan for VAXTOR software solutions based on the achieved results past years and months. As a pioneer in decentralized video technology, MOBOTIX launched the first decentralized camera system on […]

SDAIA Offers Smart Solutions for Environmental Conservation in KSA

Editorial May 1, 2024

Source: Saudi Press Agency The Saudi Data and Artificial Intelligence Authority (SDAIA) offers a range of smart solutions to support developmental sectors in the Kingdom by leveraging data and artificial-intelligence (AI) technologies. The solutions include supporting national efforts aimed at preserving the environment and natural resources and achieving a sustainable

Sheikh Hamdan Presented Dubai’s ‘Universal Blueprint for Artificial Intelligence’

Editorial April 30, 2024

Source: WAM News Agency Following Sheikh Mohammed bin Rashid Al Maktoum’s vision to position Dubai as a global technology leader, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, presented the Dubai Universal Blueprint for Artificial Intelligence, reported state news agency WAM. The project is attended to engage the technology’s potential to

World’s First Code of Practice on Ethical Use of Facial Recognition

Editorial April 25, 2024

The first ever British Standard code of practice focusing on the ethical use and deployment of facial recognition technology (FRT), developed on recommendations by the BSIA, has been released this month by the British Standards Institute (BSI). “The release of the FRT code of practice is a significant moment in the journey towards the ethical […]

Dubai Announces Global AI Prompt Engineering Championship with Over $272m Prize

Editorial April 24, 2024

The Global Prompt Engineering Championship, the world’s largest AI prompt competition, is set to unfold at the Museum of the Future in Dubai on May 20th-21st, 2024, under the esteemed patronage of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Executive Council of Dubai, and Chairman of […]

G42 Selects Qualcomm to Boost AI Inference Performance

Editorial April 23, 2024

G42’s subsidiary company Core42 will feature Qualcomm Cloud AI 100 Inference products in its Condor AI platform to deliver best-in-class inference price-performance solutions G42, the leading UAE-based technology holding group, has announced a technology collaboration with Qualcomm Technologies, Inc. to bring the high performance, low power Qualcomm® Cloud AI 100 solutions