Magna AI, the global integrated-value-chain sovereign AI transformation leader powered by NVIDIA, has announced a strategic partnership with MBUZZ, a Saudi-headquartered ICT infrastructure company, that will see the duo deliver AI infrastructure and transformation services to enterprises across MEA region.
Ericsson has announced that it has collaborated with Saudi telecom group Mobily on a skills development programme aimed at helping Saudi youth build digital, professional and leadership skills and better understand career opportunities in the ICT sector.
BRKZ, a leading Saudi-based technology-enabled building materials procurement platform, has announced that it has secured $31 million in new capital to fuel its next phase of growth, including advancing its AI-powered pricing and fulfillment engine and rolling out embedded financing solutions for its network of contractors and suppliers.
Saudi-based SAL Logistics Services has signed an agreement with Huawei Tech Investment in a move aimed at boosting collaboration across transportation, logistics, and digital transformation, while exploring opportunities to develop joint solutions and services in the kingdom.
Saudi Telecom Company (stc) has delivered solid H1 results recording a 3.8% jump in its revenue for the six-month period hitting SAR40.11 billion ($10.7 billion), while gross profit increased 5.3% to SAR19.64 billion ($5.1 billion), driven by growth across its telecom and digital businesses.
Lenovo has signed an agreement with Saudi National Housing Company Innovation for potential collaboration backing the kingdom’s evolving residential and digital infrastructure landscape. The deal sets out a foundation to boost co-operation across advanced technologies such as AI and data science.
Saudi Arabian companies are seeing tangible returns from artificial intelligence as investment becomes more disciplined and workforce preparation gathers pace, said a new survey, adding AI is moving beyond experimentation and into mainstream business use.
NHC Innovation, a leading Saudi provider of integrated digital services, has signed partnership deals with leading Chinese companies Huawei, Lenovo and ByteDance at a key event in Shenzhen. The agreements span AI, hitech data centres, knowledge transfer and smart city solutions.
Cloudsdcs, a global enterprise cloud and cybersecurity specialist with over 20 years of experience, has announced its expansion into Saudi Arabia with support from AstroLabs, the Gulf’s premier business setup and growth platform.
ExtraHop, a US-based cybersecurity company and a leader in modern network detection and response (NDR), has announced its expansion into Saudi Arabia following significant international growth, including key expansions and customer wins across Europe, Middle East and Asia Pacific.