Innovation

  Meta to invest up to $65bn in AI Infrastructure, CEO Mark Zuckerberg reveals Meta Platforms (META.O) has revealed plans to invest up to $65 billion in 2025 to significantly expand its artificial intelligence (AI) infrastructure. This major investment is designed to enhance Meta’s AI capabilities and boost its competitive edge against tech giants like OpenAI and Google in the fast-evolving AI sector. I n a Facebook post, CEO Mark Zuckerberg described 2025 as “a defining year for AI,” highlighting that the company’s AI initiatives will play a crucial role in driving its core products and business strategy going forward. “This is an enormous undertaking,” Zuckerberg stated, emphasizing that the expansion would pave the way for groundbreaking innovation and help maintain US leadership in advanced technology. As part of its investment strategy, Meta plans to ramp up recruitment for AI-related roles. Additionally, the company will construct a massive 2-gigawatt data center, large enoug...

Tech Innovations Transforming Finance In an era of geopolitical tensions, rising oil prices, and financial stress, innovation has become a key strategy for financial institutions to not only endure challenging times but also position themselves for long-term success. The 2024 Best Innovations alumni highlight how cutting-edge technologies are solving problems, meeting evolving customer needs, and creating value across the financial sector. AI-Powered Fund Monitoring In Kazakhstan, homebuyers engaging in shared-equity construction often face challenges tracking how their funds are used. To address this, Eurasian Bank developed an AI-based tool for real-time, automated monitoring of funds during housing construction. This innovation ensures transparency, reduces fraud, and manages costs effectively. Forecast analytics further enhance the tool by identifying construction delays and ensuring proper documentation throughout the process. Digital Transformation in Banking Azerbaijan's Kap...

  Dubai International Project Management Forum Opens About the Forum The 10th Dubai International Project Management Forum (DIPMF) took place from 13 to 16 January 2025 at Madinat Jumeirah. After 10 years since its inception, DIPMF has become a prominent event on the agenda of international specialist conventions, earning widespread acclaim and recognition. Over the past nine editions, the event has successfully attracted over 400 leading experts, specialists, and renowned professionals in project management from various countries who have contributed valuable insights and ideas for managing and operating projects in line with the highest global standards and practices, shared their best practices and creative solutions in project management and were keen to come up with innovative approaches for managing and operating those projects. Under the theme "Sustainable Future," the event hosts an elite group of global figures, renowned speakers, heads of entities and organization...