Category: Technology

Home » Technology » Page 10
Abu Dhabi's MGX and Nvidia to Construct Europe's Largest AI Campus
Post

Abu Dhabi’s MGX and Nvidia to Construct Europe’s Largest AI Campus

Abu Dhabi’s technology investment fund MGX is collaborating with US chipmaker Nvidia and French companies to develop Europe’s largest artificial intelligence data center, located near Paris. This significant initiative was announced at the Choose France summit held in Versailles. The project involves a 1.4 gigawatt-capacity campus and includes partnerships with France-backed investment firm Bpifrance and...

Abu Dhabi's IHC Launches Online Marketplace for AI Chips
Post

Abu Dhabi’s IHC Launches Online Marketplace for AI Chips

Abu Dhabi’s International Holding Company (IHC) has introduced a new online marketplace that allows developers to purchase artificial intelligence (AI) chips. This platform aims to provide access to essential AI hardware and software, facilitating advancements in technology for developers in the region. The launch of this marketplace is part of IHC’s broader strategy to enhance...

Mastercard Launches Cyber Resilience Center in Saudi Arabia
Post

Mastercard Launches Cyber Resilience Center in Saudi Arabia

Mastercard has officially launched its first Cyber Resilience Center in the Middle East, located in Riyadh, as part of a partnership with Riyad Bank. This initiative aims to enhance Saudi Arabia’s cybersecurity infrastructure by bringing together key players from the financial sector to collaborate on building a secure commerce and payment ecosystem in the Kingdom....

Beyti Secures $36 Million Loan from HSBC Bank to Enhance Sustainability Efforts
Post

Beyti Secures $36 Million Loan from HSBC Bank to Enhance Sustainability Efforts

Beyti, a subsidiary of Almarai Company, has secured a sustainable linked loan agreement valued at EGP 1.80 billion (approximately $36 million) from HSBC Bank. This financing aligns with Beyti’s commitment to advancing sustainability initiatives, reducing its carbon footprint, and enhancing resource efficiency. Chris Abboud, General Manager of Beyti, highlighted that the company has successfully localized...

UAE’s Orbitworks Launches AI-Enabled Satellite Constellation Altair
Post

UAE’s Orbitworks Launches AI-Enabled Satellite Constellation Altair

Orbitworks, the UAE’s satellite manufacturing venture, has unveiled Altair, a constellation of 10 Earth observation satellites that will leverage artificial intelligence. The assembly and integration of these satellites will take place in Abu Dhabi, with production expected to begin in the second half of 2025. The satellites are scheduled for launch in 2026, aimed at...

UAE Introduces Falcon Arabic AI Model to Enhance Regional Competitiveness
Post

UAE Introduces Falcon Arabic AI Model to Enhance Regional Competitiveness

A research arm of the Abu Dhabi government, the Technology Innovation Institute (TII), has unveiled a new Arabic-language artificial intelligence model named Falcon Arabic. This initiative aims to secure the UAE’s technological advantage over competitors in the Middle East. Falcon Arabic was trained using a diverse dataset that includes Modern Standard Arabic as well as...

Abu Dhabi Set to Launch World's First Cognitive AI City, Aion Sentia
Post

Abu Dhabi Set to Launch World’s First Cognitive AI City, Aion Sentia

Abu Dhabi is preparing to unveil Aion Sentia, the world’s first cognitive AI city, designed to enhance daily life by learning and adapting to its residents’ needs. Set for completion in 2027, Aion Sentia aims to go beyond the features of traditional smart cities by integrating systems that anticipate user requirements in real-time. For instance,...

G42 and WWT Launch Forge42 to Establish UAE as AI Exporter
Post

G42 and WWT Launch Forge42 to Establish UAE as AI Exporter

Abu Dhabi’s G42 has partnered with the US-based World Wide Technology (WWT) to launch a new initiative called Forge42. This initiative aims to position the United Arab Emirates as a leading exporter of artificial intelligence (AI) technology. Forge42 will enable companies in the Emirates to develop technology that is ready for export, thereby enhancing the...