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

CIO

The structure of Project Transcendence closely mirrors that of Alat, a similar 100 billion USD fund led by Saudi Arabia’s Public Investment Fund, which targets sustainable manufacturing. Like Alat, Project Transcendence will co-invest with international firms and large technology companies to maximize its impact and reach.

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ChatGPT, the rise of generative AI

CIO

Over the last few months, both business and technology worlds alike have been abuzz about ChatGPT, and more than a few leaders are wondering what this AI advancement means for their organizations. What is ChatGPT? ChatGPT is a product of OpenAI. It was 2 years from GPT-2 (February 2019) to GPT-3 (May 2020), 2.5

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AI platforms driving business transformation in the UAE: insights from industry experts

CIO

In a recent fireside chat featuring leading industry experts from the tech sector, attendees gained valuable insights into how AI platforms can be leveraged to create new growth opportunities and build a sustainable future in the era of digital transformation.

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Emirates Global Aluminium’s digital transformation: An interview with Carlo Nizam, Chief Digital Officer

CIO

Sustainability is a core value at EGA, and the company is using digital innovation to reduce the environmental impact of its aluminium production. Carlo believes that AI’s ability to innovate and redesign materials could unlock new possibilities in aluminium production, making it more efficient and sustainable. “We 15:51) We have both.(15:52)

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Generative AI is building the foundation of proptech’s next wave

TechCrunch

Kunal Lunawat Contributor Share on Twitter Kunal Lunawat is co-founder and managing partner of Agya Ventures , a venture capital firm focused on real estate tech, blockchain, AI and sustainability. AI’s emergence will cut through material use cases in real estate tech, from search and listings to mortgages, construction and sustainability.

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3 things CIOs can do to make gen AI synch with sustainability

CIO

Klarna has been leaning heavily into AI since ChatGPT was launched in November 2022, and the general feeling within the company is that gen AI can help nearly everybody in the organization become more effective, regardless of their skill level or role. But these and other uses of AI, as beneficial as they might sound, are raising eyebrows. “On

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Unilever leverages ChatGPT to deliver business value

CIO

Alex, powered by ChatGPT, filters emails in Unilever’s Consumer Engagement Center, sorting spam from real consumer messages. Generative AI in action Alex was created using a system of neural networks, with ChatGPT for content generation. Another Unilever tool, called Homer, leverages ChatGPT to generate content.

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