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Business intelligence and analytics firm Pyramid Analytics raises $100M

TechCrunch

Pervasive BI remains elusive, but statistics on the category reveal that about a third of employees use BI tools for analytics to inform strategy. The big data and business analytics market could be worth $684 billion by 2030, according to Valuates Reports, if such outrageously high estimates are to be believed.

Analytics 215
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Saudi Arabia launches $100 Billion AI initiative to lead in global tech

CIO

Saudi Arabia has announced a 100 billion USD initiative aimed at establishing itself as a major player in artificial intelligence, data analytics, and advanced technology. This includes initiatives to adopt AI domestically and ultimately position Saudi Arabia as an exporter of AI solutions by 2030.

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The cloud’s green revolution: Balancing digital growth with sustainability in the age of AI

CIO

Instead, it is the modernisation of workloads to enhance innovation and efficiency, coupled with the adoption of artificial intelligence (AI). of the worlds electricity by 2030. of global energy consumption, a figure expected to rise to 8% by 2030. The primary driver of this growth is no longer standard cloud migration.

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The case for predictive AI

CIO

According to Forrester , GenAI will have an average annual growth rate of 36% up to 2030, capturing 55% of the AI software market. Yes, GenAI and Predictive AI are both forms of artificial intelligence, but they have fundamental key differences that businesses must consider. Artificial Intelligence, Machine Learning

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Cowbell raises $100M to build out its AI-based cyber insurance platform for SMBs

TechCrunch

Cybercrime is on the rise, and today an insurance startup that’s built an artificial intelligence-based platform to help manage the risks from that is announcing a big round of funding to meet the opportunity. “Underwriting cyber insurance for SMEs is a more dire prospect than for large enterprises,” he said.

Insurance 260
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Saudi Arabia CIO Summit: IDC and e& enterprise join forces for 14th edition

CIO

The theme of this year’s summit is “The Future of IT: Rethinking Digitalization for an AI Everywhere World,” reflecting the growing importance of artificial intelligence and digital transformation across industries. It’s an honor to contribute to discussions that will define the technological landscape of tomorrow.”

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ADNOC, G42 and Presight partner to accelerate AI solutions

CIO

The achievement is testament to ADNOC’s longstanding strategy to develop and deploy pioneering technologies such as AI, robotic automation, and advanced data analytics. AI is also supporting ADNOC’s net zero by 2045 ambition and its target to achieve near-zero methane emissions by 2030. Artificial Intelligence

Energy 148