Fire AI, an AI-powered business intelligence platform, has successfully raised an undisclosed amount in pre-seed funding led by Venture Catalysts, aiming to accelerate its product development and market outreach. The […]
E3.Ventures, the startup building and acceleration studio, has officially launched its new business accelerator program “E3.AI Launchpad”, now open for applications. Spanning three months, the program is specifically designed to
DT Cloud, a Turkey-based local cloud platform provider operating under the Digital Transformation Group, has secured a new investment from the Innovative and Advanced Technologies Participation Venture Capital Investment Fund,
Iraq-based InstaBank, officially registered as Al-Fawr Digital Bank, has secured $15 million in seed funding to support the launch of the country’s first AI-driven digital banking platform. The round was
Boby.ai, a mobile artificial intelligence startup developing consumer-focused AI-powered applications, has raised over $1.5 million in total seed funding, led by London Venture Partners (LVP), with participation from Diffusion Capital
Prague/San Francisco, June 2025 — TopK, a Czech-based startup pioneering AI-native enterprise search infrastructure, has secured $5.4 million in seed funding. The funding round was led by Earlybird Venture Capital,
Istanbul, Türkiye – Boğaziçi Ventures, a leading technology and venture capital investment firm, has launched BV Growth II, a next-generation fund designed to invest in early-stage artificial intelligence startups. The
Andy Konwinski, co-founder of Databricks and Perplexity, has announced the launch of the Laude Institute, a new AI research initiative backed by $100 million in personal funding, aimed at supporting
The World Economic Forum has announced its prestigious Technology Pioneers 2025 list, featuring 100 startups from 28 countries that are shaping the future of innovation across key sectors. The list
Thinking Machines Lab, the artificial intelligence startup founded by former OpenAI CTO Mira Murati, has raised $2 billion in a landmark investment round led by Andreessen Horowitz, with participation from
Dubai, UAE – Prop-AI, the UAE-based AI-powered real estate investment platform, has announced the successful close of its $1.5 million pre-seed funding round from a notable mix of regional and
Branchsight, a marketing technology startup founded in 2021, has raised $550,000 in a new investment round led by Teknoloji Yatırım, with participation from notable investors Berkay Mollamustafaoğlu and Yaman Tunaoğlu.
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”.
In a strategic move that reinforces Saudi Arabia’s commitment to becoming a regional hub for digital innovation, the Digital Entrepreneurship Center (CODE)—under the Ministry of Communications and Information Technology—has announced
Voiser, the Turkey-based enterprise specializing in AI-powered audio and video technologies, has secured a significant investment from Kayacan Ventures, at a valuation exceeding $10 million. Founded in 2020, Voiser has
Eksim Ventures, a prominent venture capital fund, has announced new investments in two leading startups specializing in health technology and cybersecurity: DefensX, a cybersecurity platform, and Virasoft, an AI-powered digital
In a groundbreaking partnership, NVIDIA, OpenAI, and the United Arab Emirates have announced a strategic agreement to develop one of the largest artificial intelligence training data centers globally, located in
Riyadh, Saudi Arabia – May 2025 — In a landmark move to reshape the global AI infrastructure landscape, Saudi Arabia’s newly established national AI company, HUMAIN, has announced a $10
STV, one of the region’s largest venture capital firms, announced the launch of a dedicated $100 million Artificial Intelligence Fund in strategic partnership with Google. The announcement was made during
Saudi Arabia-based Wyld VC has launched the MENA region’s first $50 million AI-native venture capital fund, with a mission to bridge the AI talent gap and support early-stage startups in
Saudi Crown Prince Mohammed bin Salman, Crown Prince, Prime Minister, and Chairman of the Public Investment Fund (PIF), has announced the launch of HUMAIN, a new AI company wholly owned
Nawy, Egypt’s leading digital real estate platform, has announced the successful closure of a $75 million Series A funding round, marking one of the largest investments of its kind across
Riyadh, Saudi Arabia – The Digital Entrepreneurship Center (CODE), affiliated with the Ministry of Communications and Information Technology (MCIT), has launched the fifth edition of the “Tech Pioneers” program, as
ZAINIAC, the internal innovation platform of Zain Group, has announced its strategic investment in Actly, an AI startup founded by Ahmad Alobaid, a standout talent from Zain Kuwait. This investment
Foras, a leading investment and innovation firm, has announced the acquisition of a 10% stake in the emerging startup Canater, which specializes in innovative supply chain and logistics solutions for
Indian beauty tech startup Kult, a personalized skincare and product discovery platform, has announced the successful closure of a USD 20 million Series A funding round (approx. INR 170 crore).
Amazon Web Services (AWS), the cloud computing arm of e-commerce giant Amazon, announced on Thursday that it recorded $29.3 billion in cloud revenue for Q1 2025, reflecting a 17% year-over-year
Dubai, UAE – April 30, 2025 – DeepL, a global leader in Language AI, has announced the launch of its Arabic Document Translation tool, designed to streamline high-quality document translation
Riyadh, Saudi Arabia – 2025, Tuba, a Saudi-based healthtech startup, has successfully closed an $8 million (SAR 30 million) pre-seed funding round, led by a group of investment firms, with
Chinese AI startup Manus AI has raised $75 million in fresh funding, boosting its valuation to $500 million, according to the company’s announcement. The funding round was led by renowned
Horiar AI, an applied AI research company developing creative tools for the media industry, has received its first investment from Biomka Holding at a valuation of $12 million. Commenting on
Dubai-based startup Arabic.AI has officially emerged from stealth mode, unveiling the first autonomous AI platform engineered specifically for the Arabic language. With operations spanning MENA, the U.S., and Europe, the
Riyadh – Saudi technology and AI company Yalla Plus has officially launched “Yalla AI”, the first artificial intelligence platform developed entirely in Arabic, designed to provide a unique, safe, and
OpenAI is preparing to finalize a massive investment round worth $40 billion, bringing its valuation to $300 billion. The funding round is led by SoftBank, with participation from Magnetar Capital,
Nexthop AI, an American artificial intelligence infrastructure company, has closed a $110 million funding round led by Lightspeed Venture Partners with participation from Kleiner Perkins, WestBridge Capital, Battery Ventures, and
Ibtikar Fund, based in Palestine, has announced its investment in MENA Analytics, a company specializing in market research and data analysis. The company aims to transform how businesses in the Middle
The Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, has announced its participation in a $200 million investment round for Lila Sciences, a U.S.-based startup specializing in developing advanced
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
Alibaba has unveiled a new artificial intelligence model, R1-Omni, capable of inferring human emotions by analyzing video, audio, and images. Developed by researchers at Tongyi Lab, led by Xiaoxing Gao, the model is based
Micropolis Robotics, a UAE-based robotics manufacturing company, has successfully completed its initial public offering (IPO) on the New York Stock Exchange. The company offered 3,875,000 ordinary shares at $4.00 per
AIQ, a UAE-based artificial intelligence company and subsidiary of Presight, has signed a groundbreaking $340 million contract with ADNOC Group to deploy its ENERGYai agent and advanced AI solutions across
The Saudi Data and Artificial Intelligence Authority (SDAIA) has announced the listing of its Saudi AI model, ALLaM 7B, on the global platform Hugging Face, a leading hub for artificial
California, USA – Anthropic, a leading artificial intelligence company, has announced the closure of its Series E funding round, raising $3.5 billion at a valuation of $61.5 billion. The funding
Sign up to receive our weekly digest of stories, op-eds, events and more updates.
Sign up to receive our weekly digest of stories, op-eds, events and more updates.
