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👉👉👉 93% of firms in #Saudi have advanced strategies for AI integration: #Cisco Recent research from Cisco has unveiled a noticeable surge in the adoption of artificial intelligence (AI) among private enterprises in Saudi Arabia, driven by the imperative to enhance workplace efficiency and productivity. Entitled "AI Readiness Index in Saudi Arabia," the report surveyed over 8,000 companies across 30 nations to gauge their AI integration plans. Timed ahead of the LEAP 2024 conference in Riyadh, touted as the "world's most attended tech event," the findings shed light on the state of AI adoption in the Kingdom. While a significant 93% of Saudi companies boast advanced strategies for AI integration, a mere 8% feel adequately prepared to fully implement the #Technology . Challenges cited include inadequate infrastructure to support complex AI processes and a lack of clarity in regulatory frameworks. A notable 31% of respondents identify a shallow talent pool as a key obstacle to embracing AI, with 82% committing to enhancing employee skills through increased investment in AI training. Nonetheless, the overwhelming majority of surveyed enterprises are eager to leverage AI to boost workplace productivity, with many eyeing new revenue streams and personalized client services. The report highlights collaborative efforts between Saudi Arabia's private sector and government to promote AI adoption, despite cybersecurity concerns. Salman Faqeeh, Cisco Saudi Arabia's Managing Director, emphasizes the index's insights for the National Strategy for Data and AI implementation. Saudi Arabia is actively investing in AI, seen through initiatives like the adoption of Nvidia chips and a national AI education program. The creation of AceGPT, a native large language model, highlights the country's dedication to fostering AI innovation rooted in Arabian culture. Faqeeh emphasizes Saudi Arabia's recognition of AI's transformative potential, aligning with its Vision 2030 agenda to position the Kingdom as a global AI leader. Source - coingeek.com #CryptoNews🔒📰🚫

👉👉👉 93% of firms in #Saudi have advanced strategies for AI integration: #Cisco

Recent research from Cisco has unveiled a noticeable surge in the adoption of artificial intelligence (AI) among private enterprises in Saudi Arabia, driven by the imperative to enhance workplace efficiency and productivity.

Entitled "AI Readiness Index in Saudi Arabia," the report surveyed over 8,000 companies across 30 nations to gauge their AI integration plans. Timed ahead of the LEAP 2024 conference in Riyadh, touted as the "world's most attended tech event," the findings shed light on the state of AI adoption in the Kingdom.

While a significant 93% of Saudi companies boast advanced strategies for AI integration, a mere 8% feel adequately prepared to fully implement the #Technology . Challenges cited include inadequate infrastructure to support complex AI processes and a lack of clarity in regulatory frameworks.

A notable 31% of respondents identify a shallow talent pool as a key obstacle to embracing AI, with 82% committing to enhancing employee skills through increased investment in AI training. Nonetheless, the overwhelming majority of surveyed enterprises are eager to leverage AI to boost workplace productivity, with many eyeing new revenue streams and personalized client services.

The report highlights collaborative efforts between Saudi Arabia's private sector and government to promote AI adoption, despite cybersecurity concerns. Salman Faqeeh, Cisco Saudi Arabia's Managing Director, emphasizes the index's insights for the National Strategy for Data and AI implementation.

Saudi Arabia is actively investing in AI, seen through initiatives like the adoption of Nvidia chips and a national AI education program. The creation of AceGPT, a native large language model, highlights the country's dedication to fostering AI innovation rooted in Arabian culture.

Faqeeh emphasizes Saudi Arabia's recognition of AI's transformative potential, aligning with its Vision 2030 agenda to position the Kingdom as a global AI leader.

Source - coingeek.com

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🔥🔥🔥 What’s A Simple #Strategy For Buying & Selling #Bitcoin ? This Analyst Answers A #cryptocurrency analyst has unveiled a straightforward approach for timing Bitcoin purchases and sales based on historical patterns observed in two key $BTC on-chain indicators. These indicators, known as Net Unrealized Loss (NUL) and Net Unrealized Profit (NUP), track the total amount of unrealized loss and profit carried by investors, respectively. The methodology involves examining the transaction history of each circulating coin to determine its last transacted price. If the previous price was lower than the current spot price, indicating a profit, it contributes to the NUP. Conversely, if the cost basis exceeds the current value, it adds to the NUL. Historical analysis of the NUL suggests that when the indicator surpasses the 0.5 level during periods of bear market lows, it could be an opportune moment to increase holdings. Conversely, the NUP historically exceeding the 0.7 level during major tops could indicate a potential selling opportunity. Currently, both indicators reflect trends in Bitcoin's price action. The NUL hovers near the zero mark, suggesting minimal unrealized losses amid recent all-time highs, while the NUP is yet to breach the crucial 0.7 level, indicating the market may not have reached an overheated state. It's worth noting that while these indicators haven't precisely pinpointed tops or bottoms in the past, following the strategy of buying during NUL signals and selling at NUP levels has historically been profitable, despite occasional discrepancies. As Bitcoin trades around $69,400 at the time of writing, down 2% in the last 24 hours, investors may consider these indicators as additional tools for decision-making amid market volatility. However, the sustainability of these patterns in the current Bitcoin cycle remains to be seen. Source - newsbtc.com #CryptoNews🔒📰🚫 #BinanceSquareBTC
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#Mystery malware targets Call of Duty cheaters, stealing their Bitcoin The malware database vx-underground has issued a warning about a newly discovered info-stealing malware targeting video gamers, particularly those who utilize cheating software. This malicious campaign has been reported to drain Bitcoin wallets of affected users. According to a post on March 28th, vx-underground highlighted the emergence of an unidentified threat actor utilizing malware to steal login credentials and other sensitive information from individuals using pay-to-cheat video game software. The targets of these attacks include players who purchase cheating software. The malware campaign has compromised over 4.9 million accounts belonging to Activision Blizzard users, as well as accounts on its game store Battle.net, a game-focused trading site called Elite PVPers, and cheat software markets such as PhantomOverlay and UnknownCheats. Affected users have reported incidents of cryptocurrency theft, particularly from their Electrum BTC wallets, although the exact amount stolen is currently unknown. PhantomOverlay disputed the reported number of hacked accounts on March 27th, citing many invalid logins in the database. However, it acknowledged the significant scale of the malware campaign, labeling it the largest infostealer malware campaign in gaming/cheating community history. The malware's origins remain uncertain, with PhantomOverlay speculating it could have stemmed from a widely used program like a latency tool or VPN. While claiming insights into the source, they acknowledge challenges in proving suspicions due to the malware gang's sophistication. Activision Blizzard acknowledged potential credential compromise from malware linked to unauthorized software downloads, affirming server security. They advised users to change passwords. PhantomOverlay detected fraudulent activity, reaching out to affected users and continuing to identify more victims. Activision Blizzard vowed to assist millions of infected users. Source - cointelegraph.com #CryptoNews🔒📰🚫
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🔥🔥🔥 #Ethereum Price Gearing For Another Lift-Off to $4K: Increase Isn’t Over Yet Ethereum's price remains resilient above the $3,500 mark, indicating potential for a #bullish surge if it surpasses the critical $3,680 resistance level. After briefly retesting the $3,450 support, Ethereum has resumed its upward movement. Currently trading above $3,500 and the 100-hourly Simple Moving Average, Ethereum shows signs of strength in the market. A notable development is the breakout above a significant bearish trend line with resistance at $3,540 on the hourly chart of ETH/USD, sourced from Kraken. For Ethereum to gain bullish momentum, it needs to establish a foothold above the $3,680 resistance zone. Should this occur, Ether could embark on a significant uptrend, targeting the $3,800 level initially. Further upside movement might see Ethereum rallying towards $3,920 and potentially testing the $4,000 mark. Conversely, if Ethereum fails to breach the $3,630 resistance, a downside correction might ensue. The immediate support lies near the $3,540 level, followed by more substantial support at $3,480. A decisive drop below $3,450 could trigger further declines, potentially leading Ethereum towards the $3,325 and $3,250 levels. Technical indicators suggest a mixed outlook, with the hourly MACD indicating a loss of bullish momentum while the hourly RSI hovers above the 50 level, signaling a neutral to bullish sentiment. In summary, Ethereum's price action hinges on its ability to breach the crucial resistance at $3,680, which could pave the way for a significant upward move. Conversely, failure to do so might result in another round of downside pressure, with key support levels standing at $3,450 and $3,325. Source - newsbtc.com #CryptoNews🔒📰🚫 #cryptocurrency $ETH #BinanceSquareTalks
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