Tag: #middle-east12 results
Middle East AI data centers hit by drone strikes, marking first targeting of commercial hyperscalers as national assets like grids. US data center power to hit 9-12% of total by 2028 from AI surge. Massive investments by Amazon, Google, Microsoft position region as AI hub.
Iconiq, wealth adviser to tech elites, is investing billions in AI. Anthropic executives pitched to deep-pocketed Middle East investors like Qatar's fund and MGX.
Government-backed MGX plans to invest up to $10 billion annually in AI. Deals with OpenAI and Anthropic power Abu Dhabi's massive AI strategy. This positions the region as a major AI hub.
A data center developer has paused its Middle East projects due to war damage. The damage is uninsurable, forcing tech companies to rethink their expansion plans in the region.
IRGC warns 18 US companies including NVIDIA, Google, Meta, Apple to evacuate Middle East ops or face imminent attacks starting Wednesday. Cites US use of Anthropic AI in airstrikes and Israeli AI tracking. Prior Iranian drones hit AWS data centers.
U.S. tech giants like Amazon and Google invested heavily in AI development in the Persian Gulf. Iran has threatened attacks on their regional infrastructure. This introduces significant geopolitical risks to AI expansion efforts.
Hong Kong-listed Insilico Medicine signed a cooperation agreement with UAE's drug regulator to advance its AI tools in regional drug discovery amid escalating Middle East tensions. Shares rose up to 12.8% intraday, closing 8.6% higher at HK$56.10, outperforming the Hang Seng Index.
Amazon Bedrock global cross-Region inference is now available for Anthropic’s Claude Opus 4.6, Sonnet 4.6, Opus 4.5, Sonnet 4.5, and Haiku 4.5 models in UAE and Bahrain. The post details model capabilities, inference advantages like resilience, real-world use cases, and includes a code example for building generative AI apps.
The Saudi Power Procurement Company (SPPC) announced the pre-qualification results for its second batch of energy storage projects. Seven Chinese companies were among the 27 firms selected to participate.
Amazon and Google downplayed geopolitical risks while funding AI in Persian Gulf. Now Iran threatens strikes on their regional infrastructure. NY Times highlights the dangers.