Good morning!Here’s your roundup of this week’s AI and emerging tech stories (a little later than usual, due to work pressures!).Among this week's news is ADQ's new R&D lab in Abu Dhabi, backed by an initial $27 million in funding; DEWA's new Smart Grid report; a new industrial big data joint venture between Aramco and Cognite; and the news that Mohamed bin Zayed University for Artificial Intelligence now ranks among the best computer science universities in the world.Scroll down for more AI and emerging tech news from around the region.Meanwhile, Google and Economist Impact (part of The Economist group), launched 'The Future of AI in the Middle East' report this week (PDF). The report's top finding is that the MENA region is estimated to derive $320 billion in economic value from AI by 2030. Sound familiar? It is, of course, the estimate originally made by PWC in its 2018 report '$320 billion by 2030? - The potential impact of AI in the Middle East' (PDF). Congrats to Google and the diligent team of analysts and researchers at The Economist for 'finding' that!Stay safe and have a great day!/Carrington
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Synapse Analytics raises $2m; Aramco, Cognite…
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Good morning!Here’s your roundup of this week’s AI and emerging tech stories (a little later than usual, due to work pressures!).Among this week's news is ADQ's new R&D lab in Abu Dhabi, backed by an initial $27 million in funding; DEWA's new Smart Grid report; a new industrial big data joint venture between Aramco and Cognite; and the news that Mohamed bin Zayed University for Artificial Intelligence now ranks among the best computer science universities in the world.Scroll down for more AI and emerging tech news from around the region.Meanwhile, Google and Economist Impact (part of The Economist group), launched 'The Future of AI in the Middle East' report this week (PDF). The report's top finding is that the MENA region is estimated to derive $320 billion in economic value from AI by 2030. Sound familiar? It is, of course, the estimate originally made by PWC in its 2018 report '$320 billion by 2030? - The potential impact of AI in the Middle East' (PDF). Congrats to Google and the diligent team of analysts and researchers at The Economist for 'finding' that!Stay safe and have a great day!/Carrington