News

Cosmo Tech, a leader in AI simulation software for enterprise decision-making, has secured a majority investment from global software investor Insight Partners. This strategic move includes the appointment of former Accenture executives Phillip Hazen as CEO and Gerry Coulter as CFO. The new leadership aims to further Cosmo Tech’s mission to empower organizations to navigate complexity and uncertainty through advanced AI-driven simulations.

WiMi Hologram Cloud Inc., a global leader in Hologram Augmented Reality (AR) technology, is pioneering a blockchain sharding storage model tailored to meet the complex demands of multi-view data. This innovative model enhances blockchain scalability, reduces storage costs, and supports diverse industry applications such as media, healthcare, and IoT.

Qareeb Data Centres, the Middle East’s first edge data centre provider, has partnered with Gcore, a global leader in edge AI, cloud, network, and security solutions. The Memorandum of Understanding (MoU), signed during the Touchdown Middle East 2024 conference in Bahrain, marks a pivotal moment in advancing digital infrastructure across the Gulf Cooperation Council (GCC) region. This collaboration will focus on delivering state-of-the-art AI and cloud computing services to transform the region into a hub of innovation.

ALIGNMT AI, a leader in AI governance and compliance software, has partnered with the Healthcare Financial Management Association (HFMA) to launch a specialized micro-credentialing program focused on AI governance in healthcare. The new initiative aims to provide healthcare leaders with the critical skills necessary for implementing AI responsibly and ensuring adherence to compliance standards, as AI continues to revolutionize the healthcare sector.

The World Summit AI (WSAI), renowned as the world’s most prestigious AI summit, is set to make its highly anticipated debut in the MENA region. Organized by InspiredMinds, this groundbreaking event will take place on December 10th and 11th, 2024, at the Doha Exhibition & Convention Center (DECC), with support from the Ministry of Communications and Information Technology, State of Qatar.