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Huawei Cloud unveils AI initiatives to support Saudi Vision 2030

CIO

These initiatives are set to play a crucial role in supporting the Kingdom’s ambitious Vision 2030 goals, which seek to diversify the economy and establish Saudi Arabia as a global leader in technology and innovation. Huawei Cloud’s AI initiatives are directly aligned with these goals.

Cloud 167
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Scale Computing secures $55M to help companies manage edge infrastructure

TechCrunch

Managing a fleet of edge devices across locations can be a burden on IT teams that lack the necessary infrastructure. “The self-healing platform automatically identifies, mitigates, and corrects problems in the infrastructure in real time, enabling applications to achieve maximum uptime even when local IT resources and staff are scarce.”

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How social commerce is bridging Southeast Asia’s infrastructure gaps

TechCrunch

The $2 billion to $3 billion social commerce market in India today is estimated to hit $70 billion in value by 2030, empowering around 40 million small entrepreneurs. Globally, social commerce is on the path to becoming a $1.2 trillion industry by 2025 , with the biggest gains being made in Brazil and India.

Social 245
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Saudi Arabia launches $100 Billion AI initiative to lead in global tech

CIO

This unprecedented investment will focus on building state-of-the-art data centers, supporting startups, and expanding AI infrastructure to drive both domestic growth and international competitiveness. This includes initiatives to adopt AI domestically and ultimately position Saudi Arabia as an exporter of AI solutions by 2030.

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Oracle expands cloud infrastructure in Saudi Arabia, boosting the Kingdom’s AI and Digital Economy

CIO

billion investment to boost the country’s cloud capacity in line with Saudi Vision 2030 To meet the rapidly growing demand for its AI and cloud services, Oracle announced the opening of its second public cloud region in Saudi Arabia. billion investment from Oracle to expand cloud infrastructure capabilities in the Kingdom.

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Saudi Arabia’s cybersecurity strategy: Building a resilient digital future

CIO

With the rise of digital technologies, from smart cities to advanced cloud infrastructure, the Kingdom recognizes that protecting its digital landscape is paramount to safeguarding its economic future and national security. The Kingdoms Vision 2030 is also a driving force behind its cybersecurity efforts.

Strategy 158
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Water quality and distribution monitoring software Ketos raises $18 million

TechCrunch

One other selling point is the company’s use of machine learning to predict where problems with water systems might arise — avoiding the need for more costly investments into infrastructure. Microsoft commits to putting more water than it consumes back into the ecosystems where it operates by 2030.