by: business news :
NEOM has taken a giant step towards its AI-driven future after announcing a collaboration with tech partners Oracle and NVIDIA on the sidelines of the LEAP23 event in Riyadh. Through its tech subsidiary TONOMOUS, Saudi Arabia’s NEOM will deliver ground-breaking AI across the development.
TONOMOUS was the first company to be established as a full-fledged subsidiary of NEOM.
NEOM technology partners:
The collaboration is designed to accelerate AI-powered innovation for a broad range of users, including the private sector and government organisations. TONOMUS will provide customers with direct access to NVIDIA’s advanced AI technology to take advantage of the planned Oracle Cloud Region to be located at NEOM.
Oracle’s cloud technology will be hosted by ZeroPoint DC hyper-scale data centre and via TONOMUS’ digital cloud platform. Joseph Bradley, CEO of TONOMUS, said: “The longstanding alliance between Oracle and NVIDIA complements TONOMUS’ ongoing mission to build the infrastructure and ubiquitous connectivity required to enable the world’s first ecosystem of cognitive technologies.
“This monumental collaboration will empower NEOM with geographical advantage and place Saudi Arabia firmly on the map as a regional hub for the provision of AI capabilities, as well as further support Saudi Vision 2030 and the Kingdom’s rapidly developing cloud market.” Richard Smith, Executive Vice President, of Cloud and Technology, EMEA of Oracle, said: “The futuristic city of NEOM is the ideal ground for deploying the latest AI-powered applications and customer experiences, which will help usher in a new era of smart cities.
“TONOMOUS will benefit from Oracle Cloud Infrastructure’s (OCI) unmatched capability of supporting modern cloud-native applications in a secure environment. “This, coupled with our existing partnership with NVIDIA, will speed AI adoption for enterprises.”
Jaap Zuiderveld, Vice President of EMEA at NVIDIA, said: “AI and accelerated computing in the cloud enable cities around the world to improve sustainability and livability, enhance the safety and efficiency of urban mobility, and deliver more inclusive citizen experiences. “NVIDIA software and systems on Oracle Cloud Infrastructure provide an ideal platform for developers like TONOMUS to build AI-forward, modern cities.”
Users of TONOMUS’ seamless, cloud management platform, which combines cloud sales and management with a user-friendly digital interface, will draw a range of valuable benefits from the company’s collaboration with Oracle and NVIDIA. In addition to curating access to the world’s top cloud service providers, the platform allows users to search for and compare a wide range of options, capabilities and costs in real-time, and then purchase and manage solutions.
It also facilitates cost monitoring, resource optimisation and visibility, centralises customer management of multiple cloud assets and costs, and is an asset to finance and accounting departments in accessing the information on historic and projected costs based on consumption. The availability of the globally adopted NVIDIA AI platform will grant businesses that make NEOM their home the benefits of essential processing engines for each step of the AI workflow, from data processing and AI model training to simulation and large-scale deployment.
The venture will be propelled by technology such as the NVIDIA A100 Tensor Core GPU and the upcoming, NVIDIA H100 – the most advanced accelerator ever produced and an order-of-magnitude leap for accelerated computing. Its combined innovations can speed up large language models by an incredible 30 times over the previous generation to deliver industry-leading conversational AI.
Early adopters of the technology will also be able to enjoy various opportunities, allowing large corporations across a range of industries – from healthcare and manufacturing to telecommunications and financial services – to reduce their IT infrastructure costs, automate operations and obtain insights faster than ever before.