Run agentic AI at a 3X lower cost than GPUs — slashing inference costs and maximizing margins [2] SoftBank Corp. will be the first customer to deploy SN50 within its next‑generation AI data centers in Japan SambaNova, Intel plan multi-year strategic collaboration to deliver cloud-scale AI inference to unlock multi-billion-dollar market opportunity $350 million in […]
Stripe was valued at $159 billion in a tender offer designed to provide liquidity to current and former employees, the programmable financial services company said in a Tuesday (Feb. 24) update. The figure is up from the $106.7 billion valuation the company achieved in September and the $95 billion valuation it had in 2021. Stripe also published its 2025 annual letter in which […]
Capital.com, a global fintech group operating in the regulated online trading sector, on Tuesday published its 2025 trading platform activity summary, reporting $3.42 trillion in client trading volume for the year. The group reported that the Middle East accounted for approximately 50 percent of total activity, underscoring the region’s growing importance. In all, trading volumes […]
Dubai, UAE: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced a landmark partnership with EDGE Group, one of the world’s leading advanced technology and defence groups. The agreement, formalised at a signing ceremony, will see Emirates Islamic provide innovative Islamic banking financing solutions tailored to meet EDGE Group’s diverse treasury […]
As younger heirs assume greater influence, investment strategies are evolving towards private markets, artificial intelligence, sustainability and impact, alongside traditional return objectives Wealth advisers must blend financial expertise, tech fluency and strong relationships to help families manage and adapt their wealth across generations Report underscores how Dubai is not only responding to shifts in global […]
Dubai, UAE, [February 24, 2026] – Over the past decade, Trescon has evolved from a startup founded in Bengaluru to one of the Middle East’s most trusted partners for government-backed business platforms. As it marks its 10-year milestone, the company reflects on a defining partnership with Dubai — and outlines its expansion across the wider […]
Abu Dhabi, UAE: Since it launched in September 2025, The Presight-Shorooq Fund I, a $100 million global AI innovation fund, has invested in five cutting-edge AI startups led by experienced alumni from DeepMind, Google X, Meta, and Stanford across the U.S. and UAE markets. These companies are Nodeshift, Candid, Hebbia, Blue and Crunched. Launched as a […]
SettleMint is providing the blockchain and tokenization infrastructure, through its Digital Asset Lifecycle Platform Provider (DALP), for the sovereign national Real Estate Property tokenization platform Riyadh KSA February 23rd, 2026: SettleMint, the global digital asset lifecycle and tokenization leader, has announced its continued support of Saudi Arabia’s property tokenization and real estate transformation journey working […]
Takeem, the UAE-based proptech that takes the anxiety out of renting and owning, has secured investment from REACH, an accelerator created by Second Century Ventures, the strategic investment arm of the US National Association of Realtors (NAR), which is widely recognised as the world’s most active and one of the largest venture capital investors in […]
LoftyInc Capital, a leading pan-African venture capital firm, has announced that it co-led a $4 million oversubscribed seed round in Moroccan fintech WafR, one of the first investments from its newly launched LoftyInc Alpha Fund. The oversubscribed round was also co-led by Attijariwafa Ventures and Almada Ventures, with participation from returning investors UM6P Ventures and First Circle Capital. WafR is revolutionising access to financial […]