Saudi Arabia has attracted more than $9 billion in investments in future technologies, including by U.S. giants Microsoft and Oracle Corp, which are building cloud regions in the kingdom, a government minister said on Monday. Saudi Minister of Communication and Information Technology Abdullah Alswaha said Microsoft will invest $2.1 billion in a global super-scaler cloud, […]
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Oracle Corp plans to invest $1.5 billion in Saudi Arabia in the coming years as it builds up its cloud footprint in the kingdom and opens its third public cloud region in Riyadh, a company official said. Saudi officials have pressed international companies to invest in the kingdom and move their regional headquarters to Riyadh […]
China’s Baidu Inc said on Tuesday it would complete internal testing of a ChatGPT-style project called “Ernie Bot” in March, joining a global race as interest in generative artificial intelligence (AI) gathers steam. Ernie，meaning “Enhanced Representation through Knowledge Integration,” is a large AI-powered language model introduced in 2019, Baidu said. It has gradually grown to […]
Chinese artificial intelligence stocks are the latest rage in mainland markets as the global frenzy around the Microsoft-backed ChatGPT chatbot spurs speculative bets on the revolutionary computing technology. Just two months after its launch, ChatGPT – which can generate articles, essays, jokes and even poetry in response to prompts – has been rated the fastest-growing […]
Banking dates back to the Mesopotamian era (i.e., 8000–2000 B.C.) when Babylonians depositing gold had to pay as much as one-sixtieth of the total deposited. In fact, the code commissioned by Hammurabi, king of Babylon c. 1792–1750 BCE, stipulated in several laws how citizens were to conduct their banking activities (i.e., loans, repayment, deposits, etc.). Today, […]
Operators of telecommunications networks produce a ton of data about service users. Given the digital transformation and data-driven initiatives of business clients, this data can offer insights of great value. When this data is shared, it can open up new revenue opportunities and, if done well, give business decision-making a level of agility that was […]
The telecommunications sector is changing due to advances in artificial intelligence, machine learning, and cloud computing. These tools support remote work and communication while boosting output and effectiveness. Telecom services are essential for corporate success and continuity in the modern digital era. They promote workplace flexibility, improve communication efficiency, and help businesses reach customers more […]
Just imagine that you can no longer access your email or use the internet; this is a small glimpse of the cyber-attacks that telecoms are facing nowadays. The continuous involvement of technology in our daily lives makes distributed denial services (DDoS) attacks something forcibly enacted. No one is immune to the security threats which raised […]
The Biden administration has stopped approving licenses for U.S. companies to export most items to China’s Huawei, according to three people familiar with the matter. Huawei has faced U.S. export restrictions around items for 5G and other technologies for several years, but officials in the U.S. Department of Commerce have granted licenses for some American […]
The year is 2040, and cognitive cities have redefined urban life in the last decade. But that’s not all. People fell in love with the metaverse and its versatility and, once perfected, welcomed it into their homes and lives. The metaverse promises to enhance the futuristic utopia from virtual medical appointments to virtual World Cups. […]