AIQ to boost UAE plans as it expects faster market activity after Opec exit - The National
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Accelerating Saudi sustainable energy innovation
KAUST ·
KAUST and KACARE have signed an MoU to strengthen scientific collaboration in renewable energy, hydrogen, AI, and innovation. The MoU aims to accelerate the adoption of sustainable technologies and the development of prototypes. The agreement includes joint educational and training programs and support for entrepreneurship. Why it matters: This partnership will foster sustainable energy innovation and contribute to Saudi Arabia's national development goals in alignment with Vision 2030.
UAE AI start-up AIREV secures investment from Ireland’s Venturewave Capital | Emirates News Agency - وكالة وام
WAM ·
UAE-based artificial intelligence startup AIREV has secured an investment from Ireland's Venturewave Capital. This funding marks a collaboration between the UAE's burgeoning tech scene and international investment in AI ventures. The announcement did not detail the specific amount of the investment or the exact nature of AIREV's AI products. Why it matters: This investment signifies growing international interest in and support for AI innovation emerging from the Middle East, particularly the UAE.