Tag: Startup

OpenAI backs startup aiming to block AI-enabled bio weapons

Synopsis OpenAI is the lead investor in a $15 million seed round in Red Queen Bio, which is trying to make sure the AI industry's...

Zupee acquires Australian AI startup Nucanon to expand into interactive storytelling

Synopsis According to a company statement, the acquisition will help Zupee accelerate its vision of building the world's most advanced platform for interactive story entertainment....

Wealth management startup Dezerv raises Rs 350 crore from Premji Invest, Accel, others

Synopsis Wealth platform Dezerv has secured Rs 350 crore in fresh funding led by Premji Invest and Accel, pushing its total funding to over Rs...

Sports gaming startup Underdog bolsters C-suite days after event contracts launch

Synopsis The company, which offers fantasy sports games and licensed sports betting, has appointed Rishi Garg as its chief financial officer. The hires could help...

Minute Media acquires video editing software startup VideoVerse

Synopsis Through this acquisition, Minute Media plans to roll out a fully integrated solution for content creation, distribution, and monetisation, further deepening its partnership with...

IIT-M incubated startup sets up next gen wastewater treatment technology in Erode industries

Synopsis Called as 'Bio-Electrochemical Anaerobic Digestor System (BEADS)', this technology delivers cost savings, energy recovery and carbon reduction for industries which are grappling with the...

OpenAI to acquire product testing startup Statsig, appoints CTO of applications

Synopsis OpenAI is buying startup Statsig in an all-stock deal worth $1.1 billion. Statsig’s CEO, Vijaye Raji, will lead product engineering at OpenAI, focusing on...

MENA startup funding rises 1,411% MoM to $783m

Funding landscape sees notable shifts among emerging ecosystems RIYADH: Startup investment across the Middle East and North Africa accelerated sharply in July, with total funding reaching $783...

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Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...

Dell Technologies rewrites the rules of storage modernization and performance with Dell PowerStore Elite

Dell Technologies (NYSE: DELL) introduces Dell PowerStore Elite, a...

flydubai, Cyprus Airways announce interline partnership to expand global connectivity

flydubai and Cyprus Airways have announced the launch of...

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies

The Abu Dhabi Securities Exchange (ADX) Group announced that...