AI to have a significant impact on the Middle Eastern enterprise sector
The Middle East is one of the fastest-growing regions globally in terms of AI investment, projected to increase by 29.7% through 2026, ultimately reaching $6.4 billion. In fact, 30% of the companies already have a clearly defined AI strategy and 35% of the companies have the technology infrastructure to support AI. Increasing AI adoption in the region requires support from senior leadership, linking the AI strategy to enterprise strategy, and investing in tech infrastructure and AI talent. Several GCC countries have already created a regulatory ecosystem for the safe and ethical development of AI. The introduction of sovereign AI systems will play a critical role in this context. By keeping AI development within the country, GCC nations can mitigate risks associated with international data breaches and cyber-attacks. Companies such as CloudingAI, for example, are supporting this ecosystem as one of the pioneer providers of sovereign AI systems, powered by SambaNova technologies, in the Middle East region. In his recent interview with CIO Magazine, Mohamed Shatla, Managing Partner at Clouding AI, sheds light on the latest AI trends.
