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Saudi Arabia, UAE compete to buy Nvidia’s chip as global AI race heats up
Saudi Arabia and the United Arab Emirates are investing millions in the AI race purchasing breakthrough chips to build advanced systems and challenge global competitors.
Saudi Arabia and the United Arab Emirates are investing millions in the AI race purchasing breakthrough chips to build advanced systems and challenge global competitors.
The Hong Kong and Saudi Arabia central banks signed an MoU to study financial innovation to benefit their local economies, focusing on four sectors, including open market operations and market connectivity.
The "crypto winter" won't deter Animoca Brands from making a foray into the Middle East with new projects and partnerships lined up intended to lure the region's young population.
The memorandum of agreement was signed at the Leap Tech Conference 2023 in Riyadh between The Sandbox metaverse firm and Saudi Arabia’s Digital Government Authority (DGA).
Saudi's central bank noted that the early stages of the state-backed digital currency experiments would involve reviewing the legal implications of a potential launch and a brief foray into the technical aspects.
The Middle East looks forward to wider adoption of distributed ledger technology in global finance as it becomes the first region to use the system to fastrack transactions in the automobile industry.
Saudi Arabia is betting on a digital asset expert to spur the adoption of digital currency and, at the same time, transform the country into a digital assets and tech hub.
The U.K. national is detained in Saudi under the request of the U.S. government after they were identified as having partnered with Ethereum developer Virgil Griffith to organize a North Korea event.
Middle Eastern countries and their local firms are already proving that blockchain use in gov’t and enterprise applications is revolutionary. Who’s next?
Ahmed Yousif revealed that he has been in talks with government officials on how implementing blockchain can improve their countries, saying that Middle East is fast adapting to the technology.
The BSV Blockchain Seminar was held at the Wadi Makkah Incubator, with speakers sharing how the BSV blockchain could enable digital transformation initiatives within Makkah and in Saudi Arabia.
Dr. Basim Zafar, the chairman of Experts Vision Consulting, joined CoinGeek Backstage to talk about why he is backing the BSV blockchain to become the data ledger for the future of Saudi Arabia.