Latest news with #DemetrioRusso
Zawya
19-05-2025
- Business
- Zawya
KERNO Enterprises ushers in new era of growth with Christopher R. Caswell as CEO
DUBAI, UAE – KERNO Enterprises, the Middle East's first enterprise-class IT hardware manufacturer, has announced that Christopher R. Caswell has acquired full ownership of the company and assumed the role of Chief Executive Officer. Founder Demetrio Russo will transition to an advisory role while launching a new venture in AI enterprise software. The leadership transition comes as KERNO enters its next growth phase following a transformative first year. Since its founding, the company has established operations from scratch, secured initial customers, launched pioneering technology projects, and developed a full-cycle manufacturing facility at Dubai Silicon Oasis to be operational by the end of 2025. These achievements have attracted significant interest from global investors who recognize KERNO's strategic importance to the region's industrial future. "KERNO's progress is remarkable, not only for launching a company but also for establishing the foundations of a national industrial champion aligned with the UAE's future vision," Caswell said. "I am honored to continue Russo's legacy and to lead KERNO into its next era of growth. Together with the exceptional team he assembled, we will expand our customer base, strengthen our partnerships, and solidify KERNO's role as a strategic contributor to the region's technological leadership." Caswell brings over two decades of global technology leadership to his new role. As former Vice President for Sales at IBM, he led multi-billion-dollar operations across North America, Europe, and the Middle East, cultivating trusted relationships with leading vendors, business partners, customers, and governments. Under Caswell's leadership, KERNO will focus on scaling international partnerships and operations, enhancing manufacturing capabilities, strengthening vendor alliances, and advancing secure, resilient technology supply chains for the UAE and beyond. The transition reinforces KERNO's position as a cornerstone of the UAE's industrial and technological ambitions. "Building KERNO from a blank page into a recognized pillar of the UAE's industrial ecosystem has been one of the proudest achievements of my career," said Russo. "Our vision was to create a world-class, locally anchored IT hardware company that empowers national champions and critical industries. Today, KERNO stands ready for its next phase of global growth, and I am confident the company is in excellent hands under Christopher's leadership." "I leave operational leadership with immense pride in what we've built and even greater excitement for what lies ahead. This is not just a transition; it's a springboard for KERNO's future and my next journey in shaping the future of AI innovation," Russo added. The smooth handover reflects the strong foundation KERNO has built and both leaders' shared vision for the company's future as a regional technology powerhouse. With this strategic evolution, KERNO is well-positioned to accelerate its growth trajectory and strengthen its contribution to the Middle East's technological transformation. About Kerno Enterprises FZE KERNO Enterprises is the first world-class enterprise-level IT hardware manufacturer established in the United Arab Emirates, with our worldwide headquarters in Dubai. As a national industrial initiative, KERNO supports the vision of 'Operation 300bn' as well as the ICV and Make It in The Emirates initiatives by localizing the development and production of mission-critical digital infrastructure, such as enterprise-class servers, AI servers, and data storage systems, vital to national security and technological sovereignty. Our upcoming state-of-the-art manufacturing facility in Dubai Silicon Oasis will have the capacity to produce tens of thousands of units per year, allowing the UAE to meet the majority of its domestic demand with secure, high-performance, locally manufactured systems as well as project its technological leadership to the region and beyond.
CairoScene
16-05-2025
- Business
- CairoScene
UAE-Based Arabic-First AI Company AqlanX Lands $10 Million Funding
The deal includes an AI Centre of Excellence in Dubai under the UAE's NextGen FDI program, in partnership with UOWD. May 16, 2025 AqlanX, a UAE-based artificial intelligence company, has secured a $10 million investment from Lakeba Group through its enterprise automation venture, DoxAI. This funding aims to scale AqlanX's Arabic-first AI solutions across the Middle East, focusing on enterprise process automation, national capacity building, and talent development 'With Lakeba and DoxAI behind us, AqlanX is equipped to deliver Arabic-first AI that is not only world-class but also born in, and for, the UAE,' Demetrio Russo, Founder and CEO of AqlanX, tells StartupScene. 'We are building an innovation hub that reflects the ambitions of this region and empowers its enterprises to lead globally.' The partnership also includes the establishment of an AI Centre of Excellence in Dubai, in collaboration with the University of Wollongong in Dubai (UOWD). This initiative is part of the UAE's NextGen FDI programme, which supports fast-tracked market entry and scaling for global tech-driven firms. AqlanX's technology stack, grounded in DoxAI's enterprise automation intellectual property, enables rapid deployment across sectors such as finance, legal, and operations. The company's founder, Demetrio Russo, previously led KERNO Enterprises, a UAE-based technology hardware manufacturer.
Mid East Info
06-02-2025
- Business
- Mid East Info
Kerno to Showcase Advanced AI Computing Solutions at AI Everything 2025 in UAE - Middle East Business News and Information
Kerno, the UAE's pioneering manufacturer of enterprise-class infrastructure solutions, will unveil its latest AI computing technologies at AI Everything Global 2025 in Dubai on February 5 and 6. The company's showcase will be headlined by its groundbreaking Composable AI infrastructure solution, developed in partnership with Dubai Silicon Oasis-based Qiada R&D. The UAE's rapid digital transformation has sparked unprecedented demand for advanced computing infrastructure. The country's server market is projected to reach USD 421 million by 2029, growing at an annual rate of 10.89%. This growth extends across the GCC region, where the server market is expected to hit USD 1.05 billion by 2029, driven by increasing investments in AI and cloud technologies. 'The Middle East is witnessing a fundamental shift in how enterprises approach AI implementation. Local organisations are moving beyond experimental AI projects to building production-scale AI infrastructure. This transition demands not just powerful computing resources, but intelligent, flexible architectures that can adapt to evolving AI workloads,' says Demetrio Russo, CEO of Kerno. Kerno's Composable AI infrastructure represents a significant advancement in this space. The solution allows organisations to dynamically allocate GPUs and storage capacity for dedicated expansions across PCIe lanes, addressing a critical challenge in AI infrastructure – the underutilisation of expensive GPU resources. This approach is particularly valuable for the region's growing multi-tenant GPU clouds and AI-focused data centres. At AI Everything, Kerno will demonstrate its comprehensive AI computing portfolio. The exhibition will showcase the company's advanced air-cooled and liquid-cooled servers alongside dedicated GPU and NVMe PCIe enclosures. These hardware innovations are complemented by Kerno's purpose-built orchestration software and software-defined storage solutions, all based on production-grade open-source technology. 'Traditional GPU server architectures often struggle with resource allocation and scaling,' Russo explains. 'Our Composable AI infrastructure enables organisations to pool and schedule AI workloads with unprecedented efficiency. This flexibility is crucial for the Middle East's emerging AI ecosystem, where organisations must rapidly adapt their computing resources to changing demands.' The company's presence at AI Everything follows a year of significant achievements. Since its founding in 2023 by industry veterans from Nokia and IBM, Kerno has established itself as a key player in the UAE's technology manufacturing sector. The company joined the UAE Ministry of Economy's NextGenFDI program in February 2024, aligning with the nation's 'Make It In The Emirates' initiative to develop local manufacturing capabilities. Following strategic partnerships, Kerno is establishing an advanced hardware manufacturing factory in Dubai Silicon Oasis. The facility will utilise best-in-class equipment, including cutting-edge surface mount technology and a fully automated unit assembly line, positioning Kerno as a leading manufacturer of enterprise-class IT solutions in the Middle East. The company is now delivering market-ready product samples to customers, with mass production of enterprise-class servers, AI servers, and storage systems scheduled to begin in Q3/Q4 2025 for both regional and international markets. The collaboration between Kerno and Qiada R&D exemplifies Dubai's growing role as a technology innovation hub. Together, they are developing energy-efficient AI computing platforms that combine high performance with sustainability – a crucial consideration for the region's next-generation data centres. 'Our vision extends beyond manufacturing,' adds Evgeny Ostrovskiy, Chief Revenue Officer of Kerno. 'We're building an ecosystem that supports the UAE AI and digital ambitions through locally developed, globally competitive technology solutions. AI Everything provides an ideal platform to showcase how regional enterprises can leverage locally made compute infrastructure to accelerate the real-life implementations of AI at scale.'
Zawya
06-02-2025
- Business
- Zawya
Kerno to showcase advanced AI computing solutions at AI everything 2025 in UAE
Dubai, UAE: Kerno, the UAE's pioneering manufacturer of enterprise-class infrastructure solutions, will unveil its latest AI computing technologies at AI Everything Global 2025 in Dubai on February 5 and 6. The company's showcase will be headlined by its groundbreaking Composable AI infrastructure solution, developed in partnership with Dubai Silicon Oasis-based Qiada R&D. The UAE's rapid digital transformation has sparked unprecedented demand for advanced computing infrastructure. The country's server market is projected to reach USD 421 million by 2029, growing at an annual rate of 10.89%. This growth extends across the GCC region, where the server market is expected to hit USD 1.05 billion by 2029, driven by increasing investments in AI and cloud technologies. "The Middle East is witnessing a fundamental shift in how enterprises approach AI implementation. Local organisations are moving beyond experimental AI projects to building production-scale AI infrastructure. This transition demands not just powerful computing resources, but intelligent, flexible architectures that can adapt to evolving AI workloads," says Demetrio Russo, CEO of Kerno. Kerno's Composable AI infrastructure represents a significant advancement in this space. The solution allows organisations to dynamically allocate GPUs and storage capacity for dedicated expansions across PCIe lanes, addressing a critical challenge in AI infrastructure – the underutilisation of expensive GPU resources. This approach is particularly valuable for the region's growing multi-tenant GPU clouds and AI-focused data centres. At AI Everything, Kerno will demonstrate its comprehensive AI computing portfolio. The exhibition will showcase the company's advanced air-cooled and liquid-cooled servers alongside dedicated GPU and NVMe PCIe enclosures. These hardware innovations are complemented by Kerno's purpose-built orchestration software and software-defined storage solutions, all based on production-grade open-source technology. "Traditional GPU server architectures often struggle with resource allocation and scaling," Russo explains. "Our Composable AI infrastructure enables organisations to pool and schedule AI workloads with unprecedented efficiency. This flexibility is crucial for the Middle East's emerging AI ecosystem, where organisations must rapidly adapt their computing resources to changing demands." The company's presence at AI Everything follows a year of significant achievements. Since its founding in 2023 by industry veterans from Nokia and IBM, Kerno has established itself as a key player in the UAE's technology manufacturing sector. The company joined the UAE Ministry of Economy's NextGenFDI program in February 2024, aligning with the nation's "Make It In The Emirates" initiative to develop local manufacturing capabilities. Following strategic partnerships, Kerno is establishing an advanced hardware manufacturing factory in Dubai Silicon Oasis. The facility will utilise best-in-class equipment, including cutting-edge surface mount technology and a fully automated unit assembly line, positioning Kerno as a leading manufacturer of enterprise-class IT solutions in the Middle East. The company is now delivering market-ready product samples to customers, with mass production of enterprise-class servers, AI servers, and storage systems scheduled to begin in Q3/Q4 2025 for both regional and international markets. The collaboration between Kerno and Qiada R&D exemplifies Dubai's growing role as a technology innovation hub. Together, they are developing energy-efficient AI computing platforms that combine high performance with sustainability – a crucial consideration for the region's next-generation data centres. "Our vision extends beyond manufacturing," adds Evgeny Ostrovskiy, Chief Revenue Officer of Kerno. "We're building an ecosystem that supports the UAE AI and digital ambitions through locally developed, globally competitive technology solutions. AI Everything provides an ideal platform to showcase how regional enterprises can leverage locally made compute infrastructure to accelerate the real-life implementations of AI at scale." About Kerno Enterprises FZE We design, manufacture, and support advanced infrastructure technology systems locally, driving digital transformation across government, business, and industry sectors. Our enterprise-class solutions are tailored to meet the unique needs of the Middle East, ensuring reliability, security, and scalability for immediate and long-term national development goals. Our commitment extends beyond technology to the cultivation of local expertise. By establishing a regional Center of Technology Excellence, we aim to nurture the R&D ecosystem, collaborate with local universities, and develop the next generation of technology leaders. This initiative is designed to accelerate digital innovation and contribute to the sustainable technological advancement of the Middle East region.
