Saudi-based fintech Hala acquires UAE’s payment startup to expand regionally
Saudi-based fintech Hala acquires UAE’s payment startup to expand its foothold in the MENA (Middle East and North Africa) regions.
Google AI chatbot Bard’s factual error cost Alphabet $100 billion
The launch of Google's new AI chatbot, Bard, has been marred by a significant setback, causing a loss of $100 billion in market value for the tech giant.
AI wars: Microsoft powers Bing with ChatGPT as Google launches rival Bard
Microsoft and Google are in a fight for the supremacy of search engines. Microsoft integrates ChatGPT into Bing. Google launches Bard.
Japan’s Terra Drone gets $14M funding from Saudi Aramco’s Venture
Japan-based Terra Drone raised $14 million from Saudi Aramco’s venture capital arm to boost its expansion and provide oil and gas inspection
Egyptian fintech MNT-Halan hits $1 billion valuation after $400M funding
Egypt’s leading fintech company MNT-Halan is securing $400 million in new equity and finance, bringing its valuation to more than $1 billion
OpenAI releases tool to detect AI-generated text
ChatGPT creator OpenAI has released a free tool designed to help detect if a particular text was written by a human or a machine
Instagram co-founders are back with AI-driven news app
Four years after Instagram’s founders left the company, they are back with an AI-driven news app called Artifact
Emirates tests flight powered by sustainable aviation fuel
Emirates successfully flew a Boeing 777 on a test flight with one of its two engines entirely powered…
AI-powered fraud detection startup Inscribe secures $25 million funding
Inscribe, an AI-powered document fraud detection service has raised $25 million in Series B funding, , bringing the startup’s total raised amount to $38 million
Lockheed Martin’s DEIMOS laser weapon system achieves first light
Lockheed Martin DEIMOS laser weapon system has achieved the first light, a development milestone, in January