Wednesday 16 April 2025
 
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Meta plans $65bn spending this year to power AI goals

Meta Platforms plans to spend as much as $65 billion this year to expand its AI infrastructure, reported Reuters, citing its CEO Mark Zuckerberg.   The investment aims to bolster the company's positi

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Meta plans $65bn spending this year to power AI goals

Meta Platforms plans to spend as much as $65 billion this year to expand its AI infrastructure, reported Reuters, citing its CEO Mark Zuckerberg.   The investment aims to bolster the company's positi

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Key programme to foster AI-driven innovative growth

The AI Retreat 2024, organised recently by the Dubai Center for Artificial Intelligence (DCAI) in collaboration with the National Program for Artificial Intelligence, marked the launch of a joint business incubator programme by the Dubai Future

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IT security: Geographically distributed firms most challenged

Over one-third (39%) of geographically distributed companies in the Middle East, Turkiye and Africa (Meta) region identify building and maintaining a cohesive IT infrastructure across multiple sites as their primary concern.  

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ICT spend in Middle East, Türkiye and Africa to top $238bn: IDC

ICT spending in the Middle East, Türkiye, and Africa (META) will top $238 billion this year, up 4.5% over 2023. And with the region's digital economy increasingly taking shape, digital transformation spending will reach $59 billion in

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Meta launches Threads to rival Twitter

Meta has announced the initial version of Threads, an app built by the Instagram team for sharing with text. The app is expected to be a rival to Twitter, which was bought by Elon Musk in October.     &

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Brands to spend $207bn on social media ads this year

Global brands are expected to spend more than $207 billion on social media advertising this year, almost triple the figure reported in 2018.    With 75% of Gen Zers and almost half of Millennials making purc

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Meta announces new high-end VR headset

Mark Zuckerberg, Meta Chairman and CEO, has officially announced Meta Quest Pro, the company's new high-end and advanced VR headset, at Meta’s annual Connect conference.    Meta Quest Pro is the fi

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Meta announces new high-end VR headset

Mark Zuckerberg, Meta Chairman and CEO, has officially announced Meta Quest Pro, the company's new high-end and advanced VR headset, at Meta’s annual Connect conference.    Meta Quest Pro is the fi

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e& and Meta in strategic partnership to drive innovation

e& (formerly known as Etisalat Group) and Meta have entered into a strategic partnership that will enable e& to become a leading techco player driving innovation, organisational performance and nurturing its internal culture.

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