Dubai, UAE: BridgeWise, a global AI-powered investment intelligence platform, today announced its official entry into the Middle East after securing an operational license from the Dubai International Financial Centre (DIFC). This move marks a significant milestone in BridgeWise’s global growth strategy and strengthens its presence in one of the world’s most dynamic fintech ecosystems. In tandem […]
HEC Paris, Doha collaborates with Mastercard: Unveiling the Mastercard Fellowship Program in AI
Doha, Qatar – 10 April 2025: HEC Paris, the world’s top-ranked business school for Executive Education, has entered into a strategic engagement with Mastercard, becoming the official academic collaborator for Mastercard’s executive education programs in Qatar. The collaboration was officially marked by a signing ceremony at HEC Paris’ state-of-the-art Doha campus, reinforcing a shared commitment to […]
Presight and Microsoft Partner to Accelerate AI Startup Growth in the UAE
Abu Dhabi, UAE – Presight, a leading global big data analytics company powered by AI, today signed a Memorandum of Understanding (MoU) with Microsoft to support the Presight AI-Startup Accelerator. The UAE-based program is designed to help promising AI startups gain a commercial advantage, access cutting-edge technology resources, and expand their network within the UAE, the […]
Astra Tech Introduces Botim AI to Enhance Digital Communication in MENA Region
Dubai, UAE – Astra Tech announced the integration of Botim AI into its Botim Ultra App, bringing advanced AI capabilities to the platform and enhancing accessibility for over 150 million global users. This makes Botim the first fintech in the region to introduce this innovation. Botim AI is a chat assistant designed to elevate user engagement […]
Softbank set to invest $40 billion in OpenAI at $260 billion valuation, sources say
SoftBank is close to finalizing a $40 billion primary investment in OpenAI at a $260 billion pre-money valuation, sources told CNBC’s David Faber. SoftBank would pay out the funding, which would mean a $300 billion post-money valuation for OpenAI, over the next 12 to 24 months, with the first payment coming as soon as spring, Faber […]
Meta AI officially launches in the MENA Region
Fully available in the UAE, Saudi Arabia, Egypt, Morocco, and Iraq—with more countries launching soon. Dubai, UAE: Today, Meta announced the expansion of its AI assistant, Meta AI, to the Middle East and North Africa, empowering users in the region with a tool to learn, create and connect to the things and people they care about […]
Microsoft in Talks to Acquire TikTok in The US, Trump Confirms
US President Donald Trump has said Microsoft is in discussions to acquire TikTok and that he would like to see a “bidding war” over the sale of the social media app. When asked by reporters whether the US tech giant was preparing a bid, Trump replied: “I would say yes” – before adding that there […]
Chinese AI App DeepSeek Surpasses ChatGPT to Claim Top Spot on Apple’s App Store in the USA
In a stunning turn of events, Chinese startup DeepSeek’s latest artificial intelligence model, DeepSeek R1, has captured global attention by overtaking ChatGPT to secure the number one spot on Apple’s App Store in the United States. This remarkable achievement underscores the company’s rapid rise in the competitive AI landscape. The DeepSeek R1 model has been […]
UAE’s Teammates.ai launches next-generation AI Workforce, closes New Round of Funding
Dubai, UAE: After a successful round of funding, Teammates.ai launches a category-defining platform that drastically transforms the way businesses operate. Previously known as Uktob.ai, the rebranded platform builds on its experience in artificial intelligence (AI) agents, enabling businesses to use AI to take on entire job functions through Autonomous AI Teammates. This announcement marks a significant milestone […]
Emirati billionaire Hussain Sajwani to invest $20bln in US Data Centers, Trump says
Palm Beach, Florida: Emirati billionaire Hussain Sajwani has announced a staggering $20 billion investment in the burgeoning U.S. data center industry over the coming years. The announcement was made alongside U.S. President-elect Donald Trump during an event at Trump’s Mar-a-Lago residence in Palm Beach, Florida. Sajwani, chairman of Dubai-based property giant DAMAC, expressed optimism about […]