BlueFive Capital, a leading Abu Dhabi-based private equity firm, today announced that Bahrain Mumtalakat Holding Company, the Kingdom’s sovereign wealth fund, has acquired a stake in the firm, reinforcing Mumtalakat’s […]
Abu Dhabi-based AI company G42 has partnered with global tech leaders — OpenAI, Oracle, NVIDIA, SoftBank and Cisco — to launch a major artificial intelligence compute cluster named “Stargate UAE”.
Hub71, Abu Dhabi’s global tech ecosystem, released its 2024 Impact Report, highlighting a record-breaking year marked by robust funding, strategic growth, and increased international recognition. In its sixth year, Hub71
BlackRock, Global Infrastructure Partners (GIP) (a subsidiary of BlackRock), Microsoft, and MGX have announced the inclusion of NVIDIA and xAI in the AI Infrastructure Partnership, previously known as the Global
The Government of Abu Dhabi has signed a multi-year sovereign cloud agreement with Microsoft and Core42, a G42 company specializing in AI infrastructure, sovereign cloud, and digital services. This partnership aligns with Abu Dhabi’s $3.54 billion digital strategy for
Synapsia-AI, a Milan-based artificial intelligence company, has secured a $2.5 billion contract with Abu Dhabi’s Bold Technologies to provide AI-powered city management services for Abu Dhabi. The agreement was signed on March 3, 2024, following
Longevity Wellness Hub, a UAE-based wellness startup, has successfully raised $4 million to expand its presence across the GCC, with plans to launch new centers in Dubai, Abu Dhabi, and Riyadh. The funding will also
The Khalifa Fund for Enterprise Development has announced the continuation of its new financing packages as part of its ongoing programs to support Emirati entrepreneurs with startups and existing projects
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