Presight acquires majority stake in AIQ, accelerating A.I. integration in energy sector
In a move aimed at advancing the integration of artificial intelligence (AI) in the energy sector, Abu Dhabi-based AI firm Presight has acquired a 51% [more…]
Category: U.A.E
Microsoft commits $1.7 billion to expand A.I. infrastructure in Indonesia, plans data centers and training for 2.5 million
Microsoft is making moves in Indonesia that could change the game for cloud services and artificial intelligence. The tech giant announced a whopping $1.7 billion [more…]
Flying taxis soar closer to reality in U.A.E., Archer Aviation and Falcon Aviation set to transform skyline
In a move set to revolutionize travel between Dubai and Abu Dhabi, Archer Aviation and Falcon Aviation have joined forces to develop cutting-edge vertiport infrastructure [more…]
Groundbreaking speech AI company Camb.ai raises $4 million in seed round for global expansion
Camb.ai, a Dubai-based speech A.I. company, has secured a $4 million seed round led by Courtside Ventures, with participation from TRTL Ventures, Blue Star Innovation [more…]
Pay-TV revenues in the MENA region are projected to decline, due to the growing popularity of OTT services and piracy issues
A recent report by Digital TV Research has forecasted a substantial decline of $1.6 billion in pay-TV revenues across the Middle East and North Africa [more…]