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Abu Dhabi's AI investment firm MGX raises $49bn for new fund - The National

The National ·

Abu Dhabi's AI investment firm MGX has successfully raised $49 billion for a new fund. This significant capital injection is poised to fuel advancements in artificial intelligence. The move underscores the UAE's strategic commitment to becoming a global leader in AI development and innovation. Why it matters: This massive fund will significantly boost AI infrastructure, research, and product development within the UAE and the broader Middle East, solidifying Abu Dhabi's position as a major global AI investment hub.

Aramco pledges $100 million research funding to KAUST

KAUST ·

Aramco has signed an MoU with KAUST, pledging to fund up to $100 million in R&D projects over the next 10 years. The collaboration will focus on areas like energy transition, sustainability, materials transition, upstream technologies, and digital solutions. Specific research areas include liquids-to-chemicals conversion, low-carbon aviation fuels, hydrogen, and carbon capture. Why it matters: This major investment will accelerate innovation in critical areas like sustainable energy and materials science, aligning Saudi Arabia's research priorities with its economic diversification goals.

KAUST and Aramco researchers report record efficiency in tests converting CO₂ into sustainable aviation fuel components

KAUST ·

Researchers from King Abdullah University of Science and Technology (KAUST) and Aramco have achieved the highest reported efficiency in converting carbon dioxide into jet fuel-range hydrocarbons, a critical step for sustainable aviation fuel (SAF) development. Their work, published in ChemCatalysis, details a machine learning-driven approach that identified an unconventional copper-rich catalyst capable of yielding 75% jet fuel-range product and operating continuously for over 1,000 hours. The upgraded liquid fuel met key prescreening parameters aligned with international aviation standards, including flash point and energy content. Why it matters: This breakthrough offers a more efficient and stable pathway for producing SAF from captured CO₂, addressing a significant challenge in decarbonizing the hard-to-abate aviation sector.

UAE Cyberattacks Surge as AI Fuels New Wave of Threats - The Cyber Express

The National ·

Cyberattacks targeting the United Arab Emirates have reportedly seen a significant increase, indicating a new and concerning trend. This surge is primarily attributed to a new wave of threats where artificial intelligence is being leveraged by malicious actors to enhance their capabilities. The report underscores the evolving nature of cyber warfare, necessitating advanced defensive strategies within the region. Why it matters: The rise in AI-fueled cyber threats poses a critical challenge to the UAE's digital infrastructure, economic stability, and national security, demanding urgent attention to advanced cybersecurity measures and strategic policy responses.

Middle East Money Drives Silicon Valley and Wall Street’s AI Ambitions - Bloomberg.com

GCC AI Funding ·

Investments from Middle Eastern sovereign wealth funds, including Abu Dhabi's Mubadala and Saudi Arabia's PIF, are increasingly fueling AI initiatives in Silicon Valley and Wall Street. These funds are backing companies like Microsoft, which is building a $100 billion AI supercomputer, and investing in AI-focused hedge funds. The investments reflect a strategic move to diversify economies and gain influence in the rapidly growing AI sector. Why it matters: The trend highlights the growing importance of Middle Eastern capital in shaping the future of AI development and deployment globally.

KAUST, Abdul Latif Jameel Motors, and Toyota partner in zero-carbon fuel cell technologies

KAUST ·

KAUST, Abdul Latif Jameel Motors, and Toyota have formed a partnership to advance hydrogen fuel cell research in Saudi Arabia, supporting the Kingdom's decarbonization goals. KAUST has acquired proton electrolyte membrane (PEM) fuel cell modules from Toyota to establish a dedicated laboratory under its Clean Energy and Research Platform (CERP). Researchers at KAUST are conducting studies to optimize PEM fuel cells for Saudi Arabia's environmental conditions, aiming to maximize efficiency and reliability. Why it matters: This collaboration supports Saudi Arabia's Vision 2030 and net-zero goals, fostering innovation in hydrogen technology and sustainable energy solutions within the region.

KAUST, HEFARI, and NEOM join forces to accelerate the hydrogen economy

KAUST ·

KAUST, NEOM’s Education, Research, and Innovation Foundation (ERIF), and ENOWA have formed a partnership to support Saudi Arabia’s hydrogen economy. ERIF has sponsored three strategic projects under its Hydrogen and e-Fuels Applied Research Institute (HEFARI) with KAUST researchers focusing on developing hydrogen as a renewable energy vector. The projects cover carbon-neutral fuels, cost-effective electrolyzer technologies, and lowering emissions from green ammonia. Why it matters: This collaboration aims to establish Saudi Arabia as a leader in green hydrogen technologies and sustainable fuel production, aligning with the Kingdom's decarbonization goals.

Power network turns waste into treasure

KAUST ·

KAUST and King Abdulaziz University (KAU) are collaborating to develop low-cost sodium-ion battery technology using fly ash, a waste material from burning fossil fuels. Researchers are purifying fly ash and using thermal treatment to engineer its structure for use as carbon electrodes in batteries. The resulting carbon electrode material is competitive with existing market products and can be used for other applications. Why it matters: This research offers a sustainable approach to energy storage by repurposing waste materials, potentially enabling cheaper and more environmentally friendly grid-scale energy storage for renewable energy sources.