Latest news with #StargateUAE


Channel Post MEA
6 days ago
- Business
- Channel Post MEA
Kazakhstan Launches its First National Supercomputer in Strategic Partnership with Presight
The Republic of Kazakhstan has launched its first national supercomputer, developed by the Ministry of Digital Development, Innovation, and Aerospace Industry, in strategic collaboration with Presight. The supercomputer will serve as a cornerstone for Kazakhstan's AI ecosystem, enabling advanced research, large-scale model training, and secure data infrastructure. The launch ceremony was attended by His Excellency President Kassym-Jomart Tokayev, senior government officials, and global technology leaders, marking a pivotal moment in the country's innovation journey. The supercomputer will accelerate Kazakhstan's role as a regional hub for AI and cloud computing, fostering cross-border collaboration across Central Asia, the Middle East, and beyond. It also reinforces the country's commitment to data sovereignty and scientific excellence. Magzhan Kenesbai, Chief Growth Officer, and Maxat Koshumbayev, Country Manager for Kazakhstan , represented Presight at the launch ceremony. While presenting to President Tokayev, Kenesbai emphasised Kazakhstan's readiness to lead in AI development. 'Kazakhstan has all the foundational elements to emerge as a global leader in artificial intelligence, and Presight fully supports President Tokayev's bold vision for digital transformation. This journey is being shaped through close collaboration between the government, local stakeholders, and international partners—advancing critical areas such as energy infrastructure, data centers and compute capacity, chip imports, talent development, and frontier AI models. The launch of the national supercomputer is a key milestone in a broader, strategic agenda to build a digitally empowered nation. Presight is proud to stand alongside Kazakhstan as a trusted partner in this nation-building effort,' said Kenesbai. He also briefed President Tokayev on Presight's latest global initiatives, provided insight on the Stargate UAE project and UAE-US AI Campus, and shared updates on the implementation status of the Astana Smart City project (in partnership with the Akimat), which is currently underway with the construction of a data center, a command center at and the deployment of the AI analytics system. The project features over 60% local suppliers, and Presight Kazakhstan now employs more than 50 specialists, supporting technology transfer, local expertise, and long-term in-country value.


Al Etihad
12-07-2025
- Business
- Al Etihad
Kazakhstan unveils first national supercomputer in strategic partnership with Presight
11 July 2025 22:00 ABU DHABI (ALETIHAD)In a landmark step toward digital transformation and technological sovereignty, the Republic of Kazakhstan has officially launched its first national supercomputer in collaboration with in Astana on Friday, in the presence of President Kassym-Jomart Tokayev, senior government officials, and global technology leaders, the supercomputer marks a major milestone in the country's innovation journey. It was developed by the Ministry of Digital Development, Innovation and Aerospace Industry in strategic partnership with Presight, a UAE-based G42 supercomputer will form the backbone of Kazakhstan's AI ecosystem, enabling advanced research, large-scale model training, and secure data infrastructure. It also reinforces the country's commitment to data sovereignty, digital transformation, and scientific excellence, while positioning Kazakhstan as a regional hub for AI and cloud Kenesbai, Chief Growth Officer, and Maxat Koshumbayev, Country Manager for Kazakhstan, represented Presight at the launch. Addressing President Tokayev, Kenesbai said, 'Kazakhstan has all the foundational elements to emerge as a global leader in artificial intelligence, and Presight fully supports President Tokayev's bold vision for digital transformation. This journey is being shaped through close collaboration between the government, local stakeholders, and international partners—advancing critical areas such as energy infrastructure, data centres and compute capacity, chip imports, talent development, and frontier AI models."The launch of the national supercomputer is a key milestone in a broader, strategic agenda to build a digitally empowered nation. Presight is proud to stand alongside Kazakhstan as a trusted partner in this nation-building effort.'During the event, Kenesbai also briefed the President on Presight's global initiatives, including the Stargate UAE project and UAE-US AI Campus, as well as the status of the Astana Smart City project. The Astana project, developed in partnership with the Akimat, includes construction of a local data centre, a command centre at and deployment of a comprehensive AI analytics system. Notably, over 60% of the project relies on local suppliers, with Presight Kazakhstan now employing more than 50 specialists to support technology transfer and in-country value creation. Source: Aletihad - Abu Dhabi


TECHx
05-07-2025
- Business
- TECHx
AI Servers Drive META Region's 2025 Tech Boom
Home » Tech Market Insights » AI Servers Drive META Region's 2025 Tech Boom The Middle East, Turkey, and Africa (META) region is witnessing rapid growth in AI infrastructure, with AI servers leading revenue gains in early 2025. According to CONTEXT's SalesWatch Distribution report, AI-capable servers are now the main driver of tech-related revenue across the region. This expansion highlights a growing focus on AI data center investments, though progress remains uneven across different countries and infrastructure categories. The Ascendancy of AI-Capable Servers AI servers accounted for 42% of total server revenues in Q2 2025. This is a dramatic jump from 21% in Q4 2024 and 18% in Q1 2025. The upward trend reflects rising demand for AI-optimized server platforms, with April and May 2025 investments surpassing $50 million. Combined server revenues in those two months edged past those of Q2 2024. From January to May 2025, overall server revenues in META jumped 66%, with May showing a 106% year-on-year increase. The rise is largely fueled by AI infrastructure projects, especially in the Middle East. Divergent Trends in Enterprise Networking and Storage However, this momentum does not extend equally to all tech infrastructure areas. Enterprise networking and storage showed weaker performance. The enterprise networking category, which includes business switches, routers, wireless devices, and software, saw a 21% revenue drop from January to May 2025 versus the same period last year. Network switching took the hardest hit, with a 25% decline in switch sales and expansion modules. Wireless access points performed slightly better but still ended May with a 25% drop compared to May 2024. This decline aligns with past volatility in networking equipment sales, affected by supply chain issues, price hikes, and changes in office space needs due to hybrid work. However, future gains are expected with Wi-Fi 7 upgrades and AI-led data center growth. The enterprise storage segment, which covers storage area networks, HCI systems, and related software, had a flat start to 2025. There was zero growth compared to 2024 in the first five months. In May alone, revenues dipped 28% year-on-year. The hyper-converged infrastructure (HCI) sub-category was the main drag, falling 22%, while traditional arrays held steady due to a strong flash storage segment. Still, demand is likely to rise, as AI workloads require higher-capacity storage and faster bandwidth solutions. Geographic Variations in AI Investment The United Arab Emirates (UAE) leads AI investment in the META region. The country hosts major projects like Stargate UAE, a 1-gigawatt AI cluster in Abu Dhabi. It targets AI applications across government, energy, healthcare, education, and transport. The UAE was also the first to give its entire population access to ChatGPT, showcasing its national commitment to AI. Meanwhile, Saudi Arabia is seeing gains too. Its AI server investments drove a 28% rise in server revenue in 2025 over 2024. Turkey is also ramping up, with growing UAE-Turkey collaborations, such as the upcoming 100-megawatt AI-capable data center in Ankara by UAE-based Khazna. Uneven Growth Across Countries and Segments In enterprise networking, South Africa and the UAE saw smaller revenue drops of just 5% compared to 2024. But Turkey and Saudi Arabia faced sharper declines of about 30% year-on-year. This shows a divided growth pattern across the region's infrastructure sectors. AI Servers Are Reshaping META's Tech Future So far, 2025 has marked a strong start for infrastructure spending in the META region, especially compared to the past two years. AI-driven server sales are the biggest success story, indicating a major tech shift. However, the benefits are not evenly spread. As AI servers gain ground, future growth will depend on how well countries and companies adapt their investments across storage, networking, and data center infrastructure.


Mid East Info
02-07-2025
- Business
- Mid East Info
G42, First UAE Firm Recognized Among TIME's 100 Most Influential Companies - Middle East Business News and Information
Abu Dhabi, UAE – July, 2025: G42 has been named to TIME's 2025 list of the 100 Most Influential Companies, marking the first time a UAE-headquartered company has been featured. The recognition highlights G42's growing global impact in advancing AI responsibly and at scale. From the company's pivotal role in the launch of Stargate UAE and the 5GW UAE-US AI Campus to its expansion into Europe and the UK , G42 is building the 'Intelligence Grid,' its vision of AI as a universal utility that is secure, scalable, and accessible. 'We are thrilled to be featured by TIME. This recognition affirms our mission to bring AI to everyone, not just a privileged few,' said Faheem Ahamed, Group Chief Marketing and Communications Officer at G42. 'It validates the role we're playing in shaping a more inclusive and connected AI future.' With a portfolio spanning Space42 , Core42 , Khazna , M42 , Presight , CPX , and Inception , G42 operates across the full AI value chain, driving transformation across healthcare, energy, finance, mobility, and space.


Zawya
02-07-2025
- Business
- Zawya
G42, first UAE firm recognised among TIME's 100 Most Influential Companies
G42 has been named to TIME's 2025 list of the 100 Most Influential Companies, marking the first time a UAE-headquartered company has been featured. The recognition highlights G42's growing global impact in advancing AI responsibly and at scale. From the company's pivotal role in the launch of Stargate UAE and the 5GW UAE-US AI Campus to its expansion into Europe and the UK, G42 is building the "Intelligence Grid," its vision of AI as a universal utility that is secure, scalable, and accessible. 'We are thrilled to be featured by TIME. This recognition affirms our mission to bring AI to everyone, not just a privileged few,' said Faheem Ahamed, Group Chief Marketing and Communications Officer at G42. 'It validates the role we're playing in shaping a more inclusive and connected AI future.' With a portfolio spanning Space42, Core42, Khazna, M42, Presight, CPX, and Inception, G42 operates across the full AI value chain, driving transformation across healthcare, energy, finance, mobility, and space.