Saudi Arabia plans to invest $100 billion for new AI center to compete

Saudi Arabia plans to invest $100 billion for new AI center to compete with UAE

- Saudi Arabia intends to allocate up to $100 billion for the project - The authorities are creating an AI center to compete with the UAE - The center will deal with investments for data centers, startups, etc. - The authorities' new project is called Project Transcendence - It should also help attract new IT professionals and others - The project will be able to stimulate investments for the country's market - The structure of Project Transcendence will be similar to the Alat fund - It is expected that the AI center will be created by the state fund and Google - The companies plan to invest $5-10 billion in the partnership - They will also create an LLM in Arabic, among others - Project Transcendence should be a competitor to G42

World's first heated carbon nanofiber blanket announced

The Jartoo blanket uses carbon nanotube technology and infrared heating. As the manufacturers promise, it is capable of heating up to 96% in 1 minute. The device is made of high quality fabric that heats evenly and quickly. The blanket offers 6 temperature settings and consumes only 70 watts of power. From the outside, it looks like a soft product. However, inside it hides an advanced heating tec

MIT Students Create Talking Teapot with ChatGPT and a Built-In Display

MIT students have developed a unique talking teapot that’s designed to brighten up your evening with conversation—and even generate images on the built-in display. This innovative gadget not only keeps your tea at the perfect temperature but also serves it for you. Inside, it features an intelligent speaker powered by ChatGPT. The teapot can ask how your day went and share stories, making it the

Saudi Arabia plans to invest $100 billion for new AI center to compete with UAE

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