Chinese technology group ByteDance, best known as the owner of TikTok, is preparing a major push in artificial intelligence for 2026, planning roughly $23 billion (about 160 billion yuan) in capital expenditure on  AI infrastructure. The company intends this outlay to expand servers, data centres, and next-generation compute capacity that supports its AI models and services. This […] The post ByteDance will spend $23 billion on AI infrastructure in 2026 appeared first on Web-Release.

    Cloudera, the only company bringing AI to data anywhere, today released its latest global survey, The Data Readiness Index: Understanding the Foundations for Successful AI, examining how prepared enterprises are to support AI at scale. Surveying more than 300 IT leaders in the EMEA region, including strong insights from Saudi Arabia, the report finds that […] The post 62% of Saudi leaders are failing to use their data effectively, New Cloudera Report Finds appeared first on Web-Release.

    RoyalJet, the Abu Dhabi-based global premium private jet operator, has announced the appointment of Ashok Kumar as Vice-President for Resources and Transformation. Ashok Kumar is a seasoned C-suite executive and… The post RoyalJet appoints new VP for Resources and Transformation appeared first on Web-Release.