Dubai business owners dealing with poor-quality leads, hiring problems, inefficient systems or a business that relies too heavily on them are being invited to a free one-day accelerator on Friday, 2 October at Le Royal Méridien Beach Resort & Spa, Dubai. Fix & Scale, hosted by the Business Owners Collective (BOC), is aimed at owners […]
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RobotPlusPlus (ROBOT++) has closed a Series C round worth hundreds of millions of RMB (tens of millions of USD) to accelerate global expansion and embodied AI development. Qianggang Capital Fund led the round, joined by GIG Capital Group, Sealand Innovation, and Juntong Capital. Fosun RZ Capital increased its stake. “The true value of industrial robotics lies […]
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Snowflake, the AI Data Cloud company, has unveiled Snowflake for Startups, which serves as a launchpad for founders to build and scale enterprise-grade AI applications on Snowflake’s AI Data Cloud, providing new product capabilities, strategic relationships with leading venture capital firms. The initiative also aligns with the ‘We the UAE 2031’ vision, which seeks to […]
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Airwallex, a leading global AI-native financial platform, has announced it is investing $43 million US dollars (158,000,000 AED*) in the UAE over the next five years, as part of its wider expansion across the UK and Europe, Middle East and Africa (EMEA region). The investment will fund new financial and agentic products and grow Airwallex’s […]
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Magna AI, Inc., the global integrated-value-chain sovereign AI transformation leader established through a partnership between Trend Micro and Wistron Digital Technology Holding Company (WDH), powered by NVIDIA, today launched MagnaVERSE™ at Global AI Show 2026 in Riyadh. MagnaVERSE™ is Magna AI’s unified AI software platform, bringing together models, agents, applications, infrastructure, and governance within a […]
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Oracle begins cutting thousands of jobs as it ramps up AI spending, with analysts warning up to 30,000 roles could be affected. Read more: Oracle cuts thousands of jobs as Ellison doubles down on AI investment
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Uber will invest up to $1.25bn in Rivian to deploy 10,000 robotaxis globally, marking a major step in the race to scale autonomous ride-hailing. Read more: Uber commits up to $1.25bn to Rivian in major Robotaxi push
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While tokenisation promises faster settlement and fractional access, institutional capital remains cautious, reveals Adam Popat, CEO of SettleMint The post The infrastructure play behind Saudi’s real estate tokenisation strategy appeared first on Gulf Business.
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From a market-structure perspective, Natalie Hwang, founding managing partner of Apeira Capital, views the Middle East as a credible long-term host for compute-intensive AI systems The post From model breakthroughs to megawatts: Why AI’s real constraint is infrastructure appeared first on Gulf Business.
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Dubai might be known as the land of endless glitz and glamour, from its luxury shopping malls to its unique cultural landmarks and iconic skyline, but that’s not the only thing drawing people to the City of Gold. In recent years, innovators and entrepreneurs have set their sights on the home of the Burj Khalifa as the perfect launching pad for new businesses. But why is Dubai increasingly emerging as the go-to global launchpad for start-ups? For one, its blend of strategic location, business-friendly policy and technology-driven ambition is rewriting the playbook for ambitious entrepreneurs. With tax incentives that allow 100% foreign
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