Offer from the AI start-up comes at a time when Google could be forced to sell Chrome if it loses a monopoly ruling in US District Court
Technology
Abu Dhabi chamber
Abu Dhabi AI sector surges 61% to become MENA’s fastest-growing innovation hub
Abu Dhabi is embracing the potential of artificial intelligence and is home to more than 670 AI companies
AMD
Nvidia, AMD to pay US government 15% of advanced chips sale to China
Nvidia’s H20 and AMD’s MI308 – required for AI-related use – can now be sold; The companies had a combined sale of $23.2bn in China in FY2024
AI
Dubai opens applications for AI accelerator to transform government services
Dubai Centre for Artificial Intelligence invites applicants to join accelerator to develop AI government services
Digital
UAE tops 2025 global digital rankings with world’s fastest mobile internet and AI leadership
UAE continues to lead the world in digital transformation with record internet speeds and AI readiness
Brand View
Phoenix Group earns strong “Buy” endorsement from H.C. Wainwright
H.C. Wainwright & Co. have assigned Phoenix Group a Buy rating and AED 3.00 price target
AD Ports Group
AD Ports Group, MBME Group sign framework agreement to explore fintech and TradeTech solutions
The agreement will see the two entities assess fintech and TradeTech solutions for both local and international markets, to strengthen AD Ports Group’s global trade and logistics operations and advance MBME’s financial technology services
Artificial intelligence
AI’s human touch: How consumer technology is quietly revolutionising accessibility, user experience
As artificial intelligence becomes increasingly embedded in everyday devices, companies are discovering that the most successful implementations are those that solve real human problems while remaining invisible to users
Artificial intelligence
Groq and Saudi’s HUMAIN announce day zero launch of OpenAI’s latest models
gpt-oss-120B and gpt-oss-20B, with full 128K context, real-time responses, and integrated server-side tools, available worldwide at low cost
alat
Saudi Arabia’s Mukaab megaproject to get smart tech from PIF-backed firms in new deal
The Mukaab is the centrepiece of the planned New Murabba development in Riyadh — a cube-shaped, immersive mixed-use structure touted as one of Saudi’s most ambitious architectural projects
Artificial intelligence
Malaysia joins the UAE and Rwanda-founded C4IR AI Fellowship Program
Agreement to expand the scope of the Fellowship Program and help bridge the gap between AI leaders around the world
Artificial intelligence
Digital Dubai launches world’s first AI-powered virtual ‘Emirati family’
The initiative by Digital Dubai serves as a platform for delivering government messages
Artificial intelligence
Aramco collaborates in study on leveraging AI for carbon market integrity
White paper by the FII Institute offers guidance to meet carbon emissions reduction targets and addresses evolving challenges
Apple
Apple closes a store in China for the first time in its history
The store in Parkland Mall, located in Dalian City, because of changes in the shopping complex’s landscape and loss in footfall
Brand View
HCLTech is driving GenAI-led transformation in the Middle East by reimagining customer experience
HCLTech’s enterprise-grade cognitive virtual agent with generative AI offers dynamic, personalised, and intelligent engagement.
Artificial intelligence
AI’s impact expands beyond underwriting in insurance sector: Report
Underwriting and risk profiling remain the areas most positively impacted by AI, with 45.8 percent of industry professionals identifying them as the top beneficiaries
Artificial intelligence
AI in fintech market set to surpass $79bn by 2030 as adoption surges
As financial institutions race to automate and optimise operations, AI adoption continues to grow, fueling strong market forecasts for the coming years.