generative AI

Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.
  • ‘Something is rotten’: Apple’s AI strategy faces doubts

    New York, United States - Has Apple, the biggest company in the world, bungled its generative artificial intelligence strategy? Doubts blew out into the open when one of the company's closest observers, tech analyst John Gruber, earlier this month gave a blistering critique in a blog post titled "Something Is...
  • AI’s impact on jobs, technology’s touchy topic sparks unease

    New York, United States - "Stop Hiring Humans" read a provocative sign at an AI conference in Las Vegas, where the impact of new artificial intelligence models on the world of work had sparked some unease. "We're not worried about tiptoeing around. We're sparking the conversation," said Fahad Alam of...
  • As AI gets real, slow and steady wins the race

    Companies explore AI for coding, healthcare, law, and design—yet challenges like regulation, accuracy, and cost impede widespread adoption.
  • AI startups swap independence for Big Tech’s deep pockets

    Washington, United States -- It's the case of the vanishing startup: some of Silicon Valley's most promising names in the fast-developing generative AI space are being gobbled up by or tied to the hip of US tech giants. Short on funds, in the past few months promising companies like Inflection AI...
  • Apple holds talks with rival Meta

    The company to integrate Meta's generative AI into its products.
  • AI is revolutionizing news ecosystem: Expert

    Generative AI has removed barriers in the previous generation of AI such as news devices, new hardware and technical expertise, an expert says.
  • Female founders flourish in UAE’s startup ecosystem

    Over the past decade, the UAE has become a global hub for innovation and entrepreneurship, attracting significant interest from international and female-led startups.
  • AI in the Middle East: From potential to profit

    The region is making significant strides in integrating AI into various sectors, promising substantial productivity gains and innovation, a latest report points out.
  • UAE leads global charge in generative AI adoption

    With 40 percent of UAE workers already exploring generative AI, the nation stands as a beacon of tech adoption, far surpassing the global average, say a report.
  • WEF24: AI-generated drugs promise cost reduction

    AI is playing a critical role across the biomedical spectrum, from accelerating drug discovery to improving care delivery systems, says Dr Alex Zhavoronkov of Insilico Medicine.
  • 44% of workers’ core skills will be disrupted by 2027: WEF

    The world of work is changing fast. By 2027, businesses predict that almost half (44%) of workers’ core skills will be disrupted, found the World Economic Forum's Future of Jobs Report. Technology, the report said, is moving faster than companies can design and scale up their training programs. AI, according to...
  • WEF24: GenAI poised to revolutionize energy sector

    The GCC -- with countries such as Saudi Arabia, the UAE, Kuwait, and Qatar -- plays an important role in the energy transition, Dr. Atul Arya of S&P's Global tells TRENDS.
  • WEF24: Unified approach key to resolve challenges

    Unified global solutions are crucial to tackle issues like climate change, AI norms, and economic fragmentation, Khalfan Belhoul of Dubai Future Foundation tells TRENDS.
  • Threat of AI-powered phishing is on the rise

    "Technologies such as Generative AI presents new security challenges. The rise of automated spear phishing necessitates reevaluating our trust heuristics. Where once professionalism's appearance sufficed for trust, now more stringent communication verification protocols are needed," he adds.
  • In Davos, AI excitement persists but fears over managing risks

    A recent IMF report said AI would affect nearly 40 percent of jobs around the world, and some 60 percent in the advanced world -- replacing some jobs while complementing others.
  • UAE firms face AI-driven data management hurdles

    In a rapidly evolving digital landscape, 91% UAE business leaders are facing critical challenges in aligning data strategies with their business goals, says a latest report.
  • 2024 set to see new era of digital transformation

    The GCC region is on the brink of a major tech revolution, led by advancements in AI, fintech, and sustainable technology, UAE-based tech expert Dua Al Toobi tells TRENDS.
  • AI transforms office roles and enhances productivity

    Artificial intelligence automates tasks and boosts capabilities, leading to transformative changes in job roles, productivity, and staff engagement dynamics.
  • Technological advances propel UAE’s payments industry

    The sector's growth, driven by the transition to digital transactions and tech innovations, positions UAE as a leader in the evolving global payments landscape, says a report.
  • Saudi Arabia set to be global reference in smart cities

    "The use of generative artificial intelligence (AI) extends beyond urban design and development. It involves creating smart cities tailored to the needs of their residents, promoting sustainable and inclusive living environments," he adds, highlighting the crucial role of generative AI in city services and urban solutions.
  • Growing IT outlays intensify MENA’s transformation

    The region's IT spending is set to rise by 4% to $183.8 billion in 2024, with software and IT services witnessing double-digit growth, and device spending recovering post-2023 decline.
  • Growing IT outlays intensify MENA’s transformation

    The region's IT spending is set to rise by 4% to $183.8 billion in 2024, with software and IT services witnessing double-digit growth, and device spending recovering post-2023 decline.
  • Norms may make it easy to navigate ethical maze of AI

    While speaking at the International Government Communication Forum in Sharjah, he emphasized that it's essential to regulate technology and overall policies to ensure cybersecurity and ethical AI use, stressing the necessity of local regulations in addition to international standards.
  • More Middle Eastern firms embrace Responsible AI

    A significant 16% of Middle Eastern organizations have fully implemented Responsible AI policies and processes, a latest report highlights.
  • AI startups set to rake in $10bn investments by 2026

    Half of new cloud deployments will be integrated cloud data ecosystems by 2024, while edge AI will see 55% of all data analysis by deep neural networks by 2025, says a report.
  • Generative AI likely to supplement than destroy jobs: ILO

    Geneva, Switzerland -- Generative Artificial Intelligence (AI) is more likely to augment than destroy jobs by automating some tasks rather than taking over a role entirely, a new study from the International Labour Organization (ILO) has found. The study, "Generative AI and Jobs: A global analysis of potential effects on...
  • Generative AI brings challenges and opportunities

    "New technologies like generative AI bring both opportunities and risks. A holistic AI strategy ensures privacy, security, and compliance, considering beneficial AI use cases, resources, governance framework, and evaluating artificial intelligence's impact on employees and customers," she adds.
  • AI anxiety: workers fret over uncertain future

    Legal assistants, programmers, accountants and financial advisors are among those professions feeling threatened by generative AI.
  • Generative AIs transform everyday lives, enterprises

    Despite challenges such as reliability, privacy issues, and potential bias, moderation filters and a 'human in the middle' approach can help mitigate these concerns. As the GenAI space matures, it holds the potential to revolutionize enterprise environments, provided businesses develop a point of view on how GenAI applies to them,...
  • G42, Cerebras unveil world’s largest supercomputer for AI training, deal worth $100m

    Sunnyvale, CA: G42, the UAE-based technology group and Cerebras Systems, the company specializing in accelerating generative AI  on Thursday announced Condor Galaxy, a network of nine interconnected supercomputers, offering a new approach to AI compute that promises to significantly reduce AI model training time.  Cerebras Systems said that it has...
  • Israel parliament adopts key clause of controversial judicial overhaul

    Tel Aviv, Israel - Israel's parliament adopted in a first reading a controversial bill that would limit court powers, in a new offensive to push ahead with a judicial overhaul that has split the nation. The changes, proposed by the hard-right government of Prime Minister Benjamin Netanyahu, have sparked one...
  • AI ‘disrupts economy’ but Middle East optimistic

    The Boston Consulting Group survey found that 58 percent of Middle East employees, managers, and leaders believe that AI will have a positive impact on their work.
  • Key technologies set to positively impact the world

    Jurgens' remarks coincide with the World Economic Forum's announcement of its annual list of breakthrough technologies. These technologies, including flexible batteries, generative AI, and sustainable aviation fuel, hold immense potential for positive global impact among other significant innovations.
  • New WEF report reveals technologies to impact world in the next five years

    TIANJIN, CHINA -  The World Economic Forum on Tuesday announced its annual list of breakthrough technologies with the greatest potential to make a positive impact on the world. These include flexible batteries, generative AI and sustainable aviation fuel. The technologies featured in the Top 10 Emerging Technologies Report 2023, produced...
  • Need for big investments dark cloud over ChatGPT revolution

    Building something even near the scale of what OpenAI, Microsoft or Google have on offer would require billions in investment on chips and quality human resources. OpenAI bled around $540 million last year as it developed ChatGPT and says it needs $100 billion to meet its ambitions.