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.

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

Realiste Unveils AI-Powered Property App Set to Revolutionize Real Estate Transactions in Dubai

Editorial April 22, 2024

Dubai continues to captivate the world with its ongoing advancements in various sectors. The latest news is centered around the impending launch of an AI-powered app by Realiste, a renowned Dubai-based prop-tech company specializing in AI-driven solutions. The forthcoming app is poised to transform property transactions by providing seamless buying, selling, and monitoring

Smart Security Solutions: Solomon AI Empowers Industry Innovation

Editorial March 25, 2024

Solomon, a leading brand in 3D machine vision and industrial AI, showcased its latest AI applications in smart recognition, smart security, and IoT at SECON 2024, the International Security Expo held from March 20th to 22nd in Korea. The event highlighted Solomon’s interdisciplinary integration capabilities. Solomon has independently developed AI vision technologies,

Bayanat and Yahsat to Vote on Merger to Create AI-powered Giant SPACE42

Editorial March 21, 2024

Bayanat AI PLC (“Bayanat”), a leading provider of AI-powered geospatial solutions, and Al Yah Satellite Communications Company P.J.S.C. (“Yahsat”), the UAE’s premier satellite solutions provider, have jointly announced their upcoming General Assembly Meetings (GAMs) scheduled for April 25, 2024. Shareholders of both companies will convene