Enterprise AI Execution Gap Archives
Mahmood Lockhat, Chief Technology Officer at TeKnowledge, discusses the execution gap faced by many organisations when it comes to AI and how their new partnership with Kore.ai aims to address this in this exclusive op-ed.
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Zawya
3 hours ago
- Zawya
Saudi Arabia showcases potential unicorns at VivaTech Paris
PARIS - (GLOBE NEWSWIRE) -- Monsha'at, Saudi Arabia's Small and Medium Enterprises General Authority, led a group of five potential Saudi unicorns SMEs to participate in VivaTech 2025, Europe's leading technology and innovation exhibition. Its participation was part of Saudi Unicorns; a Saudi Vision 2030 initiative to help high-potential, fast-growing companies in promising sectors reach valuations of over $1 billion. Held in Paris from June 11-14, the four-day innovation-focused event featured 13,500 startups, 3,200 investors, and over 165,000 attendees. Now in its ninth year, the conference was a key opportunity for Monsha'at to expose high-potential Saudi startups to global best practices, industry insights, and strategic networks with leading global stakeholders, gain fresh perspectives, and acquire the skills and contacts they need to globally scale. It also allowed them to share Saudi Arabia's success story with leading tech investors, which aligns with the Saudi Unicorns initiative's commitment to driving growth and innovation in the Saudi startup space. 'Our participation at VivaTech 2025 was a tremendous opportunity to not only showcase several of the best young startups and concepts coming out of the Kingdom,' said Saud Alsabhan, Vice Governor of Entrepreneurship at Monsha'at. 'It was also a chance to allow some of our best tech entrepreneurs to share insights about the Kingdom's booming startup ecosystem with leading global investors and innovators.' The Monsha'at-led Saudi cohort included five startups: Telgani, a digital car rental platform with over 3 million users; Soum, a second-hand sales app with over 6 million downloads; Webook, a digital engagement platform that has processed over $500 million in event transactions; SiFi, which provides financial solutions to over 500 Saudi companies; and Rewaa, a retail tech company serving over 7,000 clients across the Kingdom. Together, these companies showcase the dynamism of Saudi Arabia's growing e-commerce, transportation, entertainment technology, fintech, and retail tech sectors. Their involvement comes at a time of strong momentum for the Kingdom's SME and startup ecosystems. In Q1 2025, Saudi Arabia's private sector recorded a 48% q-o-q increase in commercial registrations, reaching 1.68 million active registrations nationwide. High-growth sectors included e-commerce, which saw a 6% increase to 41,322 registered entities, and cloud-computing, which surged 33% during the same period. Monsha'at's presence at VivaTech 2025 underlines Saudi Arabia's commitment to fostering entrepreneurship, enabling international partnerships, and accelerating the growth of Saudi tech leaders, particularly SMEs.
Arabian Post
5 hours ago
- Arabian Post
G42 Plants Flag in London to Power Europe's AI Ambition
G42 has unveiled a new London‑based subsidiary, G42 Europe & UK, designed to amplify its AI infrastructure and services across the United Kingdom and continental Europe. The entity, co‑chaired by Omar Mir and Marty Edelman, will deliver end‑to‑end AI offerings—from advisory and model deployment to supercomputing infrastructure—for sectors including finance, healthcare, energy and manufacturing. The launch comes as G42 continues its strategic European rollout, following the roll‑out of AI compute clusters and data‑centre capabilities in France and Italy. Positioned at the heart of London, the new hub aims to serve as a local nexus for AI innovation, bridging the gulf between regulatory frameworks and technological delivery. Omar Mir, an international board member at World Wide Technology with more than two decades of experience in 5G, cloud and AI services across Europe and the Middle East, will co‑lead the initiative. His counterpart, Marty Edelman, G42's group general counsel, brings deep expertise in legal oversight and governance—a reflection of G42's emphasis on secure, sovereign deployment in regulated markets. ADVERTISEMENT Mir emphasised the vision: 'Our goal is to harness G42's proven AI expertise and localise it for European and UK businesses—fuelling digital transformation, enhancing competitiveness, and building resilient, sovereign AI infrastructure in partnership with public and private stakeholders'. Edelman added that the UK and Europe represent dynamic markets with significant scope for AI‑driven innovation, and that a London hub enables the company to align closely with local regulatory regimes. G42 Europe & UK will leverage the group's global computing backbone—comprising supercomputing nodes, data centres and AI‑modeling platforms—to deliver a full spectrum of capabilities. Services will span strategic advisory, AI model development, infrastructure deployment and managed services, all with a focus on local data sovereignty and regulatory compliance. The initiative complements G42's earlier announcements of strategic investments in AI infrastructure in France and Italy. In Italy, G42 is partnering on a €1 billion supercomputing build with iGenius, while in France it has established an AMD‑powered AI facility in Grenoble. The London operation is expected to accelerate regulatory engagement and foster partnerships tailored to the European sovereignty agenda. Analysts suggest the move is part of a broader ambition by the UAE and G42 to position themselves as credible alternatives to US and Chinese cloud and AI providers. By offering sovereign, locally governed infrastructure, G42 aims to appeal to European clients seeking secure, high‑performance computing solutions. G42's broader portfolio, including Khazna data centres, Core42 sovereign‑cloud capabilities, cybersecurity firm CPX, analytics outfit Presight and AI lab Inception, will support the London hub's operations. This integrated ecosystem underpins G42's 'Intelligence Grid', a unified platform delivering enterprise‑grade AI research, analytics and cloud services. London's strategic significance is two‑fold. As a pre‑Brexit financial and regulatory anchor, it provides a gateway to both UK and EU markets. Moreover, it enhances G42's ability to work alongside national and regional authorities in shaping next‑generation AI infrastructure and data governance frameworks. Employee responses on social media underline the positive reception. A post from G42's LinkedIn noted the subsidiary 'will drive localized AI solutions and lead infrastructure build‑outs across the UK and continental Europe,' garnering broad applauds from industry peers. Industry observers acknowledge that G42's European foothold aligns with wider trends in AI geopolitics. Investment in local compute and data sovereignty reflects growing European determination to reduce dependency on US or Chinese technology ecosystems while scaling home‑grown digital capacity.
Al Etihad
9 hours ago
- Al Etihad
Abu Dhabi honours outstanding educators and school programmes at 2nd ADEK Awards
14 June 2025 15:07 ABU DHABI (ALETIHAD)The second ADEK Awards has concluded with winners across public, private, and charter schools, recognising outstanding contributions of educators and school programmes within Abu Dhabi's education on the success of the inaugural edition, the 2025 awards included 16 categories, and provides recognition and financial prizes totalling AED7 million to 33 winners, with new areas highlighting efforts in AI integration, anti-bullying initiatives, school collaboration with ADEK, and expanded recognition for early education than 500 submissions were evaluated by subject matter experts, who identified impactful initiatives and meaningful efforts that went above and beyond in creating nurturing learning environments where students can truly awards also recognised 17 schools that showcased improvement in student progress and attainment across Standardised Benchmark Assessments (SBA) in English, Math, and Science. The ADEK Awards aim to inspire a culture of continuous improvement where winning schools will also have the opportunity to share their best practices, enabling others to learn, grow and elevate the collective impact of education across Abu Dhabi. Source: Aletihad - Abu Dhabi
