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Second Event Tech Meetup in Riyadh showcases local innovation
Second Event Tech Meetup in Riyadh showcases local innovation

Arab News

time6 days ago

  • Business
  • Arab News

Second Event Tech Meetup in Riyadh showcases local innovation

RIYADH: The second Event Tech Meetup 2025, held at the Bayt Al-Thaqafa — Al-Ta'awun Public Library in Riyadh on Sunday and Monday, attracted a diverse audience from both the public and private sectors. The event, organized by the National Events Center, featured specialized workshops, brainstorming sessions, and a showcase of technological innovations tailored for the events industry. Lojain Al-Harbi, founder and CEO of Dulani, reflected on her experience at EventTech Tank, which allowed entrepreneurs to pitch their ideas to potential investors. She said: 'It feels amazing. Months of hard work have paid off — seeing our results is a completely different feeling. We're grateful for this opportunity.' Abdulaziz Al-Subaei, founder of Jawlat, echoed her sentiments. 'This is truly an excellent opportunity. Having direct exposure to investors is incredibly valuable, especially since we haven't had much interest before,' he said. Another participant, Abdullah Al-Hajji, CEO of Eventify, told Arab News that the event had been a successful one for the company. 'We even secured an investment, which is an incredible result for us,' he added. Budoor Al-Malik, co-founder and CCO of MILA Celebration, emphasized the importance of the meetup for startups in the event tech space, which allowed the company to 'connect with like-minded individuals and investors who share our passion.' The opening program of the meetup included live demonstrations from industry innovators. One of the highlights was the National Events Center's presentation, titled 'No Waiting, Digital Innovation Creates the Experience.' This was centered around their 'SKIP Q' solution, which aims to enhance visitor experiences by streamlining entry and reducing wait times. Additionally, the Ministry of Tourism showcased their platform 'Decisions Made in the Moment,' which utilizes advanced analytics to inform tourism strategies. Two expert panels delved into the transformative impacts of technology on the events sector. The first panel, 'How Artificial Intelligence Shapes the Future of Events in the Kingdom,' discussed AI's potential to lower operational costs and improve event management. The second panel, 'Data Drives the Event Scene,' focused on how AI can convert data into actionable insights. Many startups presented their products in hopes of attracting attention from prominent investors, who were eager to explore new opportunities. The 'Event Tech Meetup 2025' is part of the broader 'Event Tech 2025' initiative, aimed at accelerating digital transformation within Saudi Arabia's events sector. This initiative focuses on nurturing the entrepreneurial ecosystem, aligning with Saudi Vision 2030.

NVIDIA, AMD, and Intel Compete for Dominance with Diverse Hardware and Strategic Partnerships
NVIDIA, AMD, and Intel Compete for Dominance with Diverse Hardware and Strategic Partnerships

Yahoo

time05-08-2025

  • Business
  • Yahoo

NVIDIA, AMD, and Intel Compete for Dominance with Diverse Hardware and Strategic Partnerships

The AI Inference Market Companies Quadrant provides an in-depth analysis of the global AI inference landscape, highlighting leading players like NVIDIA, AMD, and Intel. This study examines key market trends, technological innovations, and emerging applications across sectors such as healthcare, finance, and automotive. The quadrant evaluates over 100 companies based on criteria like revenue, growth strategies, and product footprint, focusing on compute, memory, network, deployment, application, and end-user categories. With a shift towards edge computing and cloud-based solutions, the market is driven by the need for low-latency processing and efficient AI model performance. Despite challenges such as high power demands and data security concerns, the AI inference market continues to grow, fueled by advancements in GPU architectures and enhanced NLP tools. Dublin, Aug. 05, 2025 (GLOBE NEWSWIRE) -- The "AI inference - Company Evaluation Report, 2025" report has been added to AI Inference Market Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for AI Inference Market. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. The publisher's 360 Quadrants evaluated over 100 companies, of which the Top 14 AI Inference Market Companies were categorized and recognized as the quadrant inference involves deploying trained artificial intelligence models to interpret new data and generate meaningful outputs such as predictions, classifications, or recommendations. It serves as a foundational component in various real-world applications, including speech and image recognition, fraud detection, personalized content delivery, and autonomous systems. With growing adoption of AI technologies to enhance operational workflows, improve customer engagement, and foster innovation, the emphasis on efficient and scalable inference has process is supported by cutting-edge hardware accelerators, comprehensive AI frameworks, and flexible deployment models ranging from edge to cloud, ensuring minimal latency, high scalability, and cost-effectiveness across diverse industry verticals. The AI inference market is experiencing significant momentum due to the widespread implementation of AI across sectors such as healthcare, finance, automotive, and retail. The rise of edge computing is a major catalyst, enabling inference to be performed near the data source for faster decision-making and reduced network dependence. Furthermore, the growing network of IoT and connected devices has amplified the demand for robust inference capabilities to manage real-time data streams. As AI models become more complex, advancements in model optimization techniques like compression and quantization are ensuring efficient performance without escalating growth drivers include the increasing need for low-latency processing on edge devices, cloud-based platforms offering tailored AI inference solutions, and improvements in GPU architectures designed for inference workloads. Conversely, the market faces constraints such as the high power requirements of AI chips and a lack of skilled professionals capable of managing AI infrastructure. Nonetheless, emerging opportunities lie in expanding AI applications in diagnostics and healthcare, enhanced natural language processing (NLP) tools to boost customer experience, and the escalating need for real-time analytics. However, concerns around data security and supply chain disruptions remain persistent challenges for companies operating in the AI inference 360 Quadrant maps the AI Inference Market companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the AI Inference Market quadrant. These companies are actively investing in research and development, forming strategic partnerships, and engaging in collaborative initiatives to drive innovation, expand their global footprint, and maintain a competitive edge in this rapidly evolving Three Companies Analysis NVIDIA CorporationNVIDIA Corporation leads the AI inference market by consistently innovating its GPU technology, expanding its product portfolio, and investing in its software ecosystem. Key innovations include the development of new architectures like the Hopper GPU, which enhances AI workloads and large-scale computing. NVIDIA's strategic partnerships with cloud providers and automotive companies drive the adoption of its AI solutions across industries such as autonomous vehicles, healthcare, and edge computing. This positions NVIDIA strongly in terms of Company Market Share and Company Product Micro Devices, is increasing its market share in AI inference through high-performance GPUs and CPUs, including the Radeon Instinct GPUs and EPYC processors, which cater to AI and machine learning applications. The integration of Xilinx's FPGA technology into AMD's product line has further diversified its offerings. AMD's focus on partnerships with cloud providers and enterprise customers enhances its Company Positioning and expands its market share across various CorporationIntel Corporation strengthens its market position by developing AI-specific hardware, such as the Habana Labs Gaudi processors and edge AI capabilities through Movidius VPUs. Intel's investment in the oneAPI software platform unifies AI development, promoting easier adoption of its hardware. By fostering strategic partnerships and expanding its presence across different industries, Intel enhances its Company Analysis and Company Ranking. Intel's diversified hardware solutions cater to data centers and autonomous applications, making it a key player in the AI inference Topics Covered: 1 Introduction1.1 Market Definition1.2 Limitations1.3 Stakeholders2 Executive Summary3 Market Overview3.1 Introduction3.2 Market Dynamics3.2.1 Drivers3.2.1.1 Growing Demand for Real-Time Processing on Edge Devices3.2.1.2 Growth of Advanced Cloud Platforms Offering Specialize1 Ai Inference Services3.2.1.3 Enhanced Gpu Capabilities for Inference Tasks3.2.2 Restraints3.2.2.1 Computational Workload and High Power Consumption3.2.2.2 Shortage of Skilled Workforce3.2.3 Opportunities3.2.3.1 Growth of Ai-Enabled Healthcare and Diagnostics3.2.3.2 Advancements in Natural Language Processing Fo1 Improved Customer Experience3.2.3.3 Increasing Demand for Real-Time Data Processing and Analytics3.2.4 Challenges3.2.4.1 Data Privacy Concerns3.2.4.2 Supply Chain Disruptions3.3 Trends/Disruptions Impacting Customer Business3.4 Value Chain Analysis3.5 Ecosystem Analysis3.6 Technology Analysis3.6.1 Key Technologies3.6.1.1 Genai Workload3.6.1.2 High Bandwidth Memory (Hbm)3.6.1.3 High-Performance Computing (Hpc)3.6.2 Complementary Technologies3.6.2.1 High-Speed Interconnects3.6.2.2 Edge Computing Infrastructure3.6.2.3 Data Center Power Management and Cooling System3.6.3 Adjacent Technologies3.6.3.1 Cloud Ai Services3.6.3.2 Ai Development Frameworks3.7 Patent Analysis3.8 Key Conferences and Events, 2025-20263.9 Porter's Five Forces Analysis3.9.1 Threat of New Entrants3.9.2 Threat of Substitutes3.9.3 Bargaining Power of Suppliers3.9.4 Bargaining Power of Buyers3.9.5 Intensity of Competitive Rivalry4 Competitive Landscape4.1 Introduction4.2 Key Player Strategies/Right to Win, 2020-20244.3 Revenue Analysis, 2022-20244.4 Market Share Analysis, 20244.5 Company Valuation and Financial Metrics4.6 Brand/Product Comparison4.7 Company Evaluation Matrix: Key Players, 20244.7.1 Stars4.7.2 Emerging Leaders4.7.3 Pervasive Players4.7.4 Participants4.7.5 Company Footprint: Key Players, 20244.7.5.1 Company Footprint4.7.5.2 Compute Footprint4.7.5.3 Memory Footprint4.7.5.4 Network Footprint4.7.5.5 Deployment Footprint4.7.5.6 Application Footprint4.7.5.7 End-user Footprint4.7.5.8 Region Footprint4.8 Company Evaluation Matrix: Startups/Smes, 20244.8.1 Progressive Companies4.8.2 Responsive Companies4.8.3 Dynamic Companies4.8.4 Starting Blocks4.8.5 Competitive Benchmarking: Startups/Smes, 20244.8.5.1 Detailed List of Key Startups/Smes4.8.5.2 Competitive Benchmarking of Key Startups/Smes4.9 Competitive Scenario4.9.1 Product Launches4.9.2 Deals5 Company Profiles Nvidia Corporation Advanced Micro Devices, Inc. Intel Corporation Sk Hynix Inc. Samsung Micron Technology, Inc. Apple Inc. Qualcomm Technologies, Inc. Huawei Technologies Co., Ltd. Google Amazon Web Services, Inc. Tesla Microsoft Meta T-Head Graphcore Cerebras Mythic Blaize Groq, Inc. Hailo Technologies Ltd. Sima Technologies, Inc. Kneron, Inc. Tenstorrent Sambanova Systems, Inc. Sapeon Inc. Rebellions Inc. Shanghai Biren Technology Co., Ltd. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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