power

Saudi Arabia wants to use its oil billions to become an AI power player

by

Saudi Arabia’s $930 billion sovereign wealth fund made the move for the kingdom to become a major host of AI data centers at the kingdom’s annual FII summit. © 2016 Bloomberg Finance LP Saudi Arabia has over the past decade used its massive oil wealth to become an important backer of technology companies. Now at … Read more

How your business can make the most of abundant computing power in the age of AI

by

Decade after decade of widely available computing power has caused significant industry disruption and an unprecedented technology boom—and transformed the global economy in the process. High-frequency trading firm Citadel Securities, for example, began to incorporate advanced computing capabilities into its core strategy in the early 2000s, and in turn was able to harness endless processing … Read more