Tag: AI

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to automate semiconductor chip design, has raised $1.7 million in pre-seed funding led by Seedcamp, with participation from...

Amazon to invest $12bn in data centers to expand AI, cloud capacity 

RIYADH: US technology giant Amazon plans to invest $12 billion to build multiple data center campuses in northwest Louisiana, expanding infrastructure to support artificial...

Flipping the Profitability Switch: From Cost-Cutting to Revenue Engineering in an AI-Driven and ESG-Regulated World

A Paradoxical Reality: Profit Is No Longer About Cutting Costs A subtle revolution is underway in corporate boardrooms. For decades, the mantra of operational efficiency...

Saudi tourism enters the agentic AI era

Autonomous systems streamline travel, boost hospitality across KSA’s giga-projects ALKHOBAR: Saudi Arabia’s tourism transformation is now testing whether agentic artificial intelligence can move from conference...

Saudi-built AI takes on financial crime

Mozn’s FOCAL reflects the Kingdom’s growing fintech ambitions RIYADH: As financial institutions face increasingly complex threats from fraud and money laundering, technology companies are racing...

Why private equity in Mena is betting big on AI to drive growth

This marks a turning point in the region where AI moves from being an experimental or “nice-to-have” tool to becoming a core part of...

UAE joins US-led AI supply chain initiative Pax Silica, bolsters economic ties

The programme is a key pillar of the Trump administration’s economic statecraft strategy to reduce dependence on rival nations and strengthen cooperation among allied...

Saudi Arabia sets global benchmark in AI modernization

Executives hail the Kingdom’s robust infrastructure and strategic workforce programs RIYADH: Saudi Arabia is emerging as a global leader in artificial intelligence, according to executives...

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...

Lumi Rental profit rises 10% in 2025 on leasing growth, stronger pricing 

RIYADH: Saudi Arabia’s Lumi Rental Co. posted a 9.9 percent...