Author: Art Ryan

Riyadh: On the third day of Oman’s participation in LEAP 2025, which is being held in Riyadh, Saudi Arabia, from February 9 to 12, four new cooperation agreements were signed between Omani tech startups and international companies, with a total value of approximately OMR4.3 million. This follows agreements worth OMR4.5 million signed on the first and second days of the conference, bringing the total value of agreements signed by Omani companies with international firms at LEAP 2025 close to OMR9 million. These agreements were signed at the Omani Pavilion, in the presence of CEOs from participating government and private sector companies,…

Six investment funds rolled out plans to inject $695 million to support emerging companies, AI technologies, electronic games, and innovation solutions Riyadh: US-based digital infrastructure company Equinix has launched a $1 billion cloud computing data centre in Saudi Arabia on the sidelines of the LEAP 2025 tech conference in Riyadh. This year’s edition witnessed the participation of 18 countries, providing new experiences for visitors, alongside cultural and entertainment events. Six investment funds rolled out plans to inject $695 million to support emerging companies, AI technologies, electronic games, and innovation solutions. On the first day of the event, Saudi and global tech…

Riyadh, Kingdom of Saudi Arabia – Mozn, a regional leader in enterprise AI technologies, announced the launch of new products to its flagship AI-powered Risk and Compliance platform, FOCAL, at LEAP 2025, Saudi Arabia’s renowned technology conference. FOCAL has strengthened its End-to-End Fraud Prevention Suite to provide businesses with enhanced fraud detection, risk management, and security. Expanding beyond its Device Risk product which utilizes AI-driven analysis of behavioral anomalies, geographic signals, and historical patterns, FOCAL now offers a more comprehensive approach to fraud prevention and management. The FOCAL Fraud Prevention Suite now includes Device Fingerprinting, Fraud Analytics, and Fraud Management as…

Clavrit, a leading IT services company, participates in LEAP 2025, one of the world’s premier technology events. This global technology event provided an excellent platform for Clavrit to engage with industry leaders, enterprises, and innovators looking for transformative digital solutions. As businesses increasingly seek cutting-edge technology solutions to drive transformation and efficiency, Clavrit brings a unique approach that challenges the status quo. Specializing in Commerce, AI, and next-generation digital solutions, the company is committed to helping enterprises unlock new opportunities and optimize their operations. During the event, Clavrit actively connected with exhibitors and attendees, fostering discussions on potential collaborations and partnerships.The company’s…

Riyadh, Saudi Arabia – OmniOps, Saudi Arabia’s leading AI Infrastructure Technology provider, has signed four key MoUs with TAWAL, Lenovo, Pure Storage, and Hewlett Packard Enterprise (HPE) during its participation at LEAP 2025, the region’s premier technology conference. These strategic partnerships aim to accelerate advancements in AI infrastructure, edge computing, high-performance computing (HPC), and data management, reinforcing OmniOps’ commitment to driving Saudi Arabia’s AI-driven future. As a pioneer in AI infrastructure solutions, OmniOps provides scalable, high-performance computing capabilities across on-premises, cloud, and edge environments, enabling businesses to deploy and optimize AI workloads with flexibility, security, and efficiency. Through these collaborations, the…

RIYADH, RIYADH, SAUDI ARABIA, February 12, 2025 /EINPresswire.com/ — Major strides to boost artificial intelligence operations, augment data centre capabilities, and harness technology talents in Saudi Arabia continued on day three of LEAP 2025, the Kingdom’s award-winning global tech event. A further US$1.78 billion in investments, announcements, and funding rounds were confirmed inside the Riyadh International Exhibition and Convention Centre, Malham, as the spotlight fell on start-ups, next-gen sector disruptors, and sports. Equinix, the world’s largest data infrastructure company, led the way with an announcement on the LEAP 2025 main stage of a US$1bn investment to launch the region’s largest…

RIYADH, SAUDI ARABIA, February 11, 2025 /EINPresswire.com/ — The second day of LEAP 2025, Saudi Arabia’s award-winning global tech event, produced further announcements totalling US$6.13 billion of investments in technology and Artificial Intelligence (AI). Leading the roll call of mega investments to continue the evolution of the Kingdom’s technology ecosystem, DataVolt and Saudi Arabian giga-project NEOM announced a US$5 billion partnership to establish the first fully sustainable AI data centre with a capacity of 1.5 gigawatts in Oxagon – the floating industrial city being developed in the Red Sea. Meanwhile, Mobily, the Saudi Arabian telecommunications services company, announced an investment…

RIYADH: Advanced technologies and innovative solutions were in focus at LEAP 2025, showcasing ideas that could shape industries and the future. Among the key presentations was the Saudi Accelerated Innovation Lab, which introduced Aramco’s Robotics Assistant, or SARA. SAIL, launched during LEAP 2024 by Saudi Aramco President and CEO Amin Nasser, also houses AramcoMetaBrain, a proprietary generative artificial intelligence model designed to enhance operational efficiency. SARA, an AI-powered voice assistant, was introduced by Ibrahim Al-Sowayigh, innovation and commercialization leader at SAIL. He highlighted its potential to meet the highest cybersecurity and operational standards. “In enterprises and highly regulated environments, there…

Saudi Arabia’s FIFA World Cup 2034 is poised to undergo a technological revolution that promises to redefine the landscape of international football. Hammad Albalawi, the Head of the Saudi Arabia FIFA World Cup 2034 bid unit, underscored the nation’s readiness to embrace transformative change at LEAP 2025, an event which emphasizes Saudi Arabia’s commitment to the advancement of football and societal progress. On the opening day of LEAP 2025, Albalawi engaged in a dialogue with former French international and UEFA Champions League champion Patrice Evra, where they explored the Kingdom’s ambitious plans for this landmark global tournament. Key highlights from the discussion…

According to a report published Tuesday by The Information, Apple is partnering with Alibaba to bring its Apple Intelligence platform to China. The deal is said to arrive after the iPhone maker reportedly explored — but ultimately rejected — a potential partnership with uber-buzzy AI startup DeepSeek, as well as with ByteDance. Apple initially selected Baidu as its partner in bringing Apple Intelligence to its customers in China, but issues adapting the Chinese search giant’s models were apparently too great to overcome. While China has been a key market for the company, the flagship feature has yet to debut in the world’s…

Key Points BEIJING — China’s Baidu plans to release the next generation of its artificial intelligence model in the second half of this year, according to a source familiar with the matter, as newer players such as DeepSeek disrupt the segment. Ernie 5.0, called a “foundation model,” is set to have “big enhancements in multimodal capabilities,” the source said, without specifying its functions. “Multimodal” AI can process texts, videos, images and audio to combine them as well as convert them across categories — text to video and vice-versa, for instance. Foundation models can understand language and perform a wide array of tasks…

(Bloomberg) — Alibaba Group Holding Ltd.’s stock surged as much as 8.6% after the Information reported that Apple Inc. is working with the e-commerce pioneer to roll out artificial intelligence features in China. The stock climbed its most since September after the tech outlet, citing one unidentified source, said Apple and Alibaba have submitted AI features for approval to China’s cyberspace regulator. Baidu Inc., long considered a rival candidate, slid almost 3% in Hong Kong. Securing AI real estate on the iPhone would mark a breakthrough for Alibaba, whose latest models performed well in global benchmarks. Its stock is up…

San José State University welcomes its first ever Artificial Intelligence (AI) Librarian, Sharesly Rodriguez, ‘18 MLIS. As AI applications in academia are increasing, Rodriguez joins as one of the first dedicated faculty AI librarians at a university to lead the integration and development of AI technologies for an academic library. “The Dr. Martin Luther King, Jr. Library at San José State is more than a hub for knowledge — it’s a gateway to the future,” says SJSU President Cynthia Teniente-Matson. “With the addition of our first AI librarian, we are ensuring that students, faculty, staff and the broader community have…

The UK and US have not signed an international agreement on artificial intelligence (AI) at a global summit in Paris. The statement, signed by dozens of countries including France, China and India, pledges an “open”, “inclusive” and “ethical” approach to the technology’s development. In a brief statement, the UK government said it had not been able to add its name to it because of concerns about national security and “global governance.” Earlier, US Vice President JD Vance told delegates in Paris that too much regulation of artificial intelligence (AI) could “kill a transformative industry just as it’s taking off”. Vance…

BOSTON–(BUSINESS WIRE)–Harrison.ai, a leading global healthtech company and developer of AI-powered medical diagnostic support and workflow solutions, announced today the accelerated expansion of its operations into the United States, a move supported by US$1​12​ million of Series C funding. The funding will also fuel the company’s product roadmap and continued growth in the UK, EMEA and APAC. The round is one of the largest capital raises in the medical AI space over the past twelve months. The round was co-led by ​Aware Super, ECP and existing investor, ​Horizons Ventures​.​ New investors, such as Australia’s National Reconstruction Fund Corporation (NRFC),​ Ord…

WOODBRIDGE, Va.–(BUSINESS WIRE)–Sev1Tech, a leader in providing information technology (IT), engineering, program management, C5ISR and cybersecurity systems integration and support services, has launched its new AI Digital Twin platform, Vertasyn. Leveraging MAGIE, a multi-agent generative intelligence engine, Vertasyn integrates live and historical data to provide a virtual representation of real-world entities and processes and more accurately simulate future outcomes. “Vertasyn is the next evolution of digital twin technology, providing a game-changing solution that can increase operational efficiency up to 40% across industries,” said Greg Porter, Principal Solutions Architect at Sev1Tech. “Infused with generative AI, organizations can maximize the benefits of…

Paris AI Summit 2025: India’s Prime Minister Shri Narendra Modi is currently on a France-US tour. He arrived in Paris on February 10, 2025, to co-chair the AI Action Summit with French President Emmanuel Macron. The summit, held at the Grand Palais, focuses on leveraging artificial intelligence for innovation and public good.  On February 11, 2025, Indian Prime Minister Shri Narendra Modi attended the Paris AI Summit at the Grand Palais, France, with French President Emmanuel Macron. Other dignitaries, such as the EU Commission president Urusula Von Der Leyen and UN chief Antonio Guterres, were also present. At the summit, Modi…

A summit in Paris on the future of artificial intelligence on Tuesday urged that the fast-moving new technology must be “open”, “ethical” and flanked by international governance. Paris: A summit in Paris on the future of artificial intelligence on Tuesday urged that the fast-moving new technology must be “open”, “ethical” and flanked by international governance, but the statement was not signed by Britain or the United States or key industry players. The 61 signatories, including China, France, Germany and India, agreed it is a priority to ensure “AI is open, inclusive, transparent, ethical, safe, secure and trustworthy, taking into account…

World leaders gathered in Paris for the second day of the Artificial Intelligence (AI) Action Summit, where the focus turned to balancing national interests with global cooperation. Representatives from nearly 100 countries, including the US, China, and India, aimed to find common ground on sustainable AI development. However, questions lingered over whether the US would endorse a draft statement promoting an inclusive, human rights-based approach to AI. French President Emmanuel Macron emphasised Europe’s commitment to clean energy as a cornerstone for AI growth, contrasting it with the US’s fossil fuel-driven strategy. ‘We won’t adopt a ‘drill, baby, drill’ policy,’ Macron said, ‘but instead ‘plug,…

Redington is Synergizing the Tech Ecosystem and Empowering Saudi Businesses to Drive Innovation and Digital Transformation across the Kingdom Riyadh, Saudi Arabia – Redington, a leading technology aggregator and innovation powerhouse across emerging markets, is making a bold appearance at LEAP 2025, Saudi Arabia’s premier tech event. With the theme of Synergizing the Tech Ecosystem, Redington is positioning itself as the aggregator that will help usher in a new era of technologies. Redington’s Commitment to Saudi Arabia Redington is demonstrating its strong commitment to the Kingdom through significant spends funded through internal accruals. The biggest announcement that the company is making at LEAP…