Middle East’s AI Champions Are Drawing Firepower From Oil Giants

Bloomberg TechnologyThursday, October 30, 2025 at 9:21:52 AM
PositiveTechnology
Middle East’s AI Champions Are Drawing Firepower From Oil Giants
In a bold move, oil giants in the Middle East are leveraging their vast resources to invest heavily in artificial intelligence, marking a significant shift in how traditional industries are adapting to modern technology. This transition not only showcases the region's commitment to innovation but also highlights the potential for economic diversification away from oil dependency. As these companies channel billions into AI, it could lead to groundbreaking advancements and create new job opportunities, positioning the Middle East as a key player in the global tech landscape.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
OpenAI May Target $1 Trillion Valuation in IPO, Reuters Says
PositiveTechnology
OpenAI is gearing up for a potential initial public offering (IPO) that could skyrocket its valuation to $1 trillion, according to a report by Reuters. This move is significant as it highlights the growing confidence in AI technologies and the financial markets' readiness to invest in innovative companies. If successful, this IPO could not only reshape OpenAI's future but also set a precedent for other tech startups aiming for similar heights.
Meta Shares Fall on Accelerating AI Spending Despite Record Revenue
NegativeTechnology
Meta's shares took a hit, dropping 7% after hours, as the company announced plans for increased spending on artificial intelligence. Despite reporting record revenue, the warning about rising capital expenditures raised concerns among investors. This news is significant as it highlights the balancing act companies face between investing in future technologies and maintaining shareholder confidence.
OpenAI Is Creating a Public Benefit Corporation. What Does That Mean?
PositiveTechnology
OpenAI has officially restructured into a public benefit corporation, marking a significant shift in its approach to securing funding for advanced artificial intelligence projects. This change is crucial as it allows OpenAI to attract billions in capital, enabling the development of innovative AI technologies that could have a profound impact on various industries and society as a whole.
YouTube to Use AI to Sharpen Millions of Lower-Resolution Videos
PositiveTechnology
YouTube is set to enhance the viewing experience for millions by using artificial intelligence to improve the clarity of low-resolution videos. This upgrade is particularly significant as it will allow users to enjoy better visuals on various devices, including TVs, web browsers, and mobile phones. This move not only showcases YouTube's commitment to leveraging technology for user satisfaction but also highlights the growing role of AI in content consumption.
48 Hours Without A.I.
PositiveTechnology
A.J. Jacobs recently undertook an intriguing experiment by going 48 hours without any interaction with artificial intelligence. This challenge highlighted how deeply integrated AI has become in our everyday lives, from simple tasks to complex decision-making. Jacobs' experience serves as a reminder of the pervasive role technology plays in shaping our routines and interactions, prompting us to reflect on our reliance on these tools.
Oracle Bond Risk Jumps on Concerns Over AI Spending Spree
NegativeTechnology
Concerns are rising over Oracle Corp.'s financial stability as credit traders increasingly seek protection against potential defaults on its debt. This trend, highlighted by Morgan Stanley, is linked to Oracle's significant investments in artificial intelligence, which, while promising, have raised alarms about the company's spending strategy. This situation is important as it reflects broader market anxieties regarding tech companies' financial health amid heavy investments in emerging technologies.
Nvidia Becomes First $5 Trillion Firm as AI Rally Picks Up Steam
PositiveTechnology
Nvidia has made history by becoming the first company to reach a $5 trillion market capitalization, driven by CEO Jensen Huang's strategic deals that are fueling the ongoing artificial intelligence boom. This milestone not only highlights Nvidia's pivotal role in the tech industry but also underscores the growing importance of AI in shaping the future of various sectors.
AI Earnings Strength Widens to More Stocks to Allay Bubble Fears
PositiveTechnology
The recent positive earnings outlook for artificial intelligence companies is easing fears of a bubble in the AI-led global equity rally, which has been reaching record highs. This is significant as it suggests that the growth in AI is based on solid financial performance rather than speculation, potentially leading to more sustainable investment in the sector.
Latest from Technology
From Bottleneck to Breakthrough: AI in Chip Verification
PositiveTechnology
The article highlights the transformative role of AI in chip verification, a crucial process in the electronics industry. As integrated circuits power advancements in technology, AI is helping to streamline and enhance the verification process, reducing bottlenecks and improving efficiency. This matters because it not only accelerates innovation in devices like smartphones and cars but also ensures higher quality and reliability in electronic products, ultimately benefiting consumers and manufacturers alike.
Virgin Media O2 and Starlink are teaming up to try end UK mobile blackspots
PositiveTechnology
Virgin Media O2 and Starlink are joining forces to tackle mobile blackspots in rural areas across the UK. This collaboration aims to enhance mobile connectivity, ensuring that even the most remote locations can access reliable mobile signals. This is significant as improved connectivity can lead to better communication, access to services, and overall quality of life for residents in these underserved regions.
I'm a smart home tech reviewer, and these are my top 3 subscription-free video doorbells for Halloween – with no scary fees
PositiveTechnology
As a smart home tech reviewer, I've found the top three subscription-free video doorbells that are perfect for Halloween. These options provide great value without the monthly fees associated with brands like Ring, making them an excellent choice for those who want to enhance their home security without breaking the bank. It's a timely recommendation as many look to upgrade their home tech for the spooky season.
IKEA’s smart home hub just got a free update – and it now works with two new gadgets
PositiveTechnology
IKEA's DIRIGERA Hub has received a free update to version 2.866.3, enhancing its functionality by adding compatibility with two new gadgets. This update is significant as it allows users to integrate more devices into their smart home ecosystem, making it easier to manage and control their home environment. With smart home technology on the rise, this update positions IKEA as a competitive player in the market, appealing to tech-savvy consumers looking for seamless home automation.
Why the AI wearable market is set to grow by 10x - and it's not just new gadgets
PositiveTechnology
The AI wearable market is projected to grow tenfold, reaching $304.8 billion by 2033, driven by consumers embracing new health and wellness routines. This surge highlights a significant shift in how technology is being integrated into daily life, emphasizing the importance of personal health management and the increasing reliance on innovative gadgets to enhance well-being.
PS Plus adding one of the best PS5 sci-fi adventures I've ever played – and you get it for free
PositiveTechnology
PlayStation Plus is set to enhance its offerings by adding Stray, a critically acclaimed sci-fi adventure game for PS5, available for free to subscribers. This addition is significant as Stray has been praised for its captivating gameplay and unique storytelling, making it a must-play for gamers. With this move, PlayStation is not only enriching its library but also providing an opportunity for more players to experience one of the best games on the platform.