Startups and Tech

Altman Unveils Ambitious AI Investment: Trillions Poured into Transformative Technology
OpenAI's Trillion-Dollar Gamble: Altman Plans Revolutionary Funding Mechanism for AI Infrastructure OpenAI CEO Sam Altman has announced plans to spen...

Foxconn's AI-Powered Surge: Profits Reach $1.5 Billion
Foxconn's AI Server Boom Drives 27% Profit Surge, Reshaping Taiwan's Tech Manufacturing Future Taiwan's Foxconn posted a stellar second quarter with...

Outdated Passwords: Expert Urges Shift to Secure Access Keys for Enhanced Online Protection
The Password Wars: Why Tech Giants Are Losing the Battle Against User Habits Despite years of promises from Microsoft, Google, and Apple about elimin...

ServiceOrca launches in UAE on Sept 1, 2025
Dubai — August 11, 2025. ServiceOrca, a commission-free services marketplace, announced it will officially launch across the United Arab Emirate...

Booming AI Startups in Abu Dhabi: 150 New Companies in the First Half
Abu Dhabi Emerges as Global AI Powerhouse with 61% Sector Growth in One Year Abu Dhabi is rapidly transforming into a world-class artificial intellig...

Tesla Explores Powering UK Amid Sluggish Sales: Innovative Energy Solutions in the Spotlight
Tesla Pivots to Power: EV Giant Eyes UK Energy Market Amid European Sales Slump Tesla has formally applied to Britain's energy regulator Ofgem for an...

Wearable Devices: A Lucrative Target for Cyber Attacks
UAE Faces Cyber Crisis as Wearable Devices Become Prime Hacking Targets The United Arab Emirates is experiencing a sharp surge in cyberattacks target...

Meta Selects Bechtel and Blue Owl for $29 Billion Data Center Deal
Meta Secures $29 Billion in Financing for Louisiana Data Center Expansion as AI Infrastructure Race Intensifies Meta Platforms has chosen Pacific Inv...

Global Foundries Expands Semiconductor Partnership with Tech Giant Apple
Apple and GlobalFoundries Forge Strategic Partnership to Boost US Semiconductor Manufacturing Apple has signed a major new agreement with UAE-backed...

China's Auto Sales Decelerate in July: Insights for Industry Trends
China's Auto Sales Growth Stalls as Hybrid Demand Collapses and Price War Takes Its Toll China's automotive market is showing clear signs of strain a...

Presight Explores Cutting-Edge AI Risk Innovations
AI-Powered Financial Compliance Revolution: UAE-Based Partnership Targets Global Risk Management Transformation A groundbreaking partnership between...

Tesla Abandons In-House AI Chip Development, Turns to External Suppliers
Tesla Abandons Dojo Supercomputer Project in Strategic AI Pivot Tesla has made the surprising decision to shut down its ambitious Dojo supercomputer...

Meta Enters the AI Arena: Challenging Apple and Google's AI Dominance?
Meta's Billion-User Advantage Could Make It AI's Dark Horse Winner While Apple and Google dominate headlines in the race for AI supremacy, Meta quiet...

Toyota's Q2 2025 Earnings Surpass Expectations: A Remarkable Performance Boost
Toyota Defies Trade War Headwinds with Strong Q1 Performance Despite $3 Billion Tariff Hit Toyota Motor delivered better-than-expected operating prof...

OpenAI Explores $500 Billion Valuation in Potential Stock Sale
OpenAI Eyes $500 Billion Valuation as AI Gold Rush Reaches New Heights OpenAI is in preliminary discussions to sell employee shares at a staggering $...

German Car Sales Bounce Back in July: A Promising Automotive Market Resurgence
German Car Market Shows Signs of Recovery Despite Tesla's Sharp Decline and Chinese Competition Germany's automotive sector experienced a notable upt...

Chinese tech giant Baidu launches autonomous taxis on American ride-sharing app Lyft.
Chinese Tech Giant Baidu Targets European Ride-Hailing Market with Autonomous Fleet Partnership Chinese internet behemoth Baidu is positioning itself...

Tesla Grants Elon Musk $29 Billion in Stock Incentives
Tesla Grants Musk $29 Billion Stock Package as Company Pivots to AI and Robotics Tesla has awarded CEO Elon Musk 96 million shares worth approximatel...

Counterfeit Auto Parts: A Hidden Threat to Drivers and Vehicles
Counterfeit Auto Parts Plague UAE Roads as Drivers Risk Safety for Savings A dangerous trend is sweeping through the UAE's automotive sector as count...

Digital Banking Soars: 93% of Bank Customers Regularly Use Online Services
UAE Banking Goes Digital: 42% of Customers Haven't Visited a Branch All Year A sweeping digital transformation is reshaping banking behavior in the U...

Rakez Unveils Cutting-Edge Digital Solutions for Small and Medium Enterprises
UAE's Ras Al Khaimah Economic Zone Partners with Fintech Startup to Digitize SME Operations The Ras Al Khaimah Economic Zone Authority (RAKEZ) has fo...