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Industry

Nota steps up rollout of intelligent transport network in key UAE cities

Nota said on Thursday it signed an agreement with Abu Dhabi's transport authority to jointly develop an on-device AI-based real-time incident management system and cooperative intelligent transport systems (C-ITS). The company said the pact follows successful verification of its ITS technology in Abu Dhabi last year and was influenced by discussions on adopting ITS solutions across Abu Dhabi. Nota previously signed a commercialisation contract with Dubai's Roads and Transport Authority.

AI & Enterprise

HPE selected as partner for DB Life scalable sovereign AI foundation build

HPE said on Thursday it was selected as DB Life’s AI transformation partner as the South Korean insurer works to improve employee productivity, automate customer responses and strengthen operational efficiency. DB Life is working with HPE to introduce a next-generation AI-based chatbot service and build a scalable large language model operations platform using HPE GreenLake Flex. Executives said the project aims to speed responses and enable personalised customer consultations.

Industry

Fadu wins SSD order worth 47 billion won from Taiwan's Macnica Galaxy

Data centre semiconductor specialist Fadu said on Thursday it won a 47 billion won order for finished SSD products from Taiwan's Macnica Galaxy. The company revised a 21.5 billion won contract disclosed in November after supply volumes increased and SSD prices rose. Fadu said the deal is its largest single contract and exceeds its 2024 annual sales of 43.5 billion won. It expects payments and revenue recognition later this year.