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

CIO

The program, known as Project Transcendence, marks a significant push by the Kingdom to develop a robust AI ecosystem that can rival leading tech hubs, including neighbouring United Arab Emirates and other global technology centers. In recent years, the Kingdom has set up research centers, ministries, and educational programs focused on AI.

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AI to go nuclear? Data center deals say it’s inevitable

CIO

AWS, Microsoft, and Google are going nuclear to build and operate mega data centers better equipped to meet the increasingly hefty demands of generative AI. Earlier this year, AWS paid $650 million to purchase Talen Energy’s Cumulus Data Assets, a 960-megawatt nuclear-powered data center on site at Talen’s Susquehanna, Penn.,

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Bridging continents: The role of connectivity in Africa’s digital transformation

CIO

Simply put, there is a direct link between economic progress and IT infrastructure, with robust trade dependent on a strong digital foundation. It launched a Regional Information Infrastructure Project, enabling access to the international internet backbone through undersea cables.

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Top tech trends powering the Middle East’s digital evolution by 2025

CIO

Data sovereignty and local cloud infrastructure will remain priorities, supported by national cloud strategies, particularly in the GCC. 2025 AI and machine learning are expected to evolve significantly in the GCC, driven by national strategies like Saudi Arabias Vision 2030 and the UAEs AI Strategy.

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Partnership Could Put $100B Into AI Data Center Infrastructure

Crunchbase News

As AI technology advances, it’s putting ever-increasing strain on existing data centers and associated power sources. To keep up, we’ll need to build a lot more infrastructure. Participants include Microsoft , Blackrock , Global Infrastructure Partners and United Arab Emirates AI-focused investment fund MGX.

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Africa’s digital economy and digital transformation

CIO

With rich resources like a growing physical infrastructure and subsea cable network, Africa is uniquely positioned to emerge as a leader among todays developing economies. European Union (EU), China, and India all have strategic programs in place for a solid digital infrastructure on the African continent. For instance, the U.S.,

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Scale Computing secures $55M to help companies manage edge infrastructure

TechCrunch

But while some organizations stand to benefit from edge computing, which refers to the practice of storing and analyzing data near the end-user, not all have a handle of what it requires. Managing a fleet of edge devices across locations can be a burden on IT teams that lack the necessary infrastructure. billion in 2030.