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Everything you need to know about DeepSeek, the Chinese AI app shaking up tech world
DeepSeek, a small Chinese company with 200 employees, has developed AI technology that rivals U.S. tech giants at a fraction of the cost.
DeepSeek’s AI breakthrough sparks $1 trillion tech stock selloff, Nvidia loses $600 billion in market cap
Chinese AI startup DeepSeek has shaken the foundations of AI industry, igniting a massive selloff that wiped $1 trillion from global stock markets.
OpenAI partners with SoftBank and Oracle on $500 billion AI Infrastructure ‘Stargate Project’
OpenAI announced Stargate Project —a partnership with Japanese conglomerate SoftBank, Oracle, and MGX— with plans to invest up…
Dubai launches Creators HQ with $40 million fund to attract 10,000 Global Influencers
Dubai has launched the highly anticipated Creators HQ which aims to attract 10,000 influencers to the UAE.
Blue Origin’s New Glenn mega-rocket reaches orbit in historic test flight
Blue Origin’s New Glenn rocket reaches orbit in first historic test. It has about the same carrying capacity as SpaceX’s Falcon Heavy.
AI-powered Halo AI raises $6 million to transform creator marketing industry
Saudi-based Halo AI is set to make waves in the evolving fields of AI and creator marketing, with the firm recently securing $6 million in seed funding.
Abu Dhabi fund ADIA invests $500 million in US power firm AlphaGen
Abu Dhabi Investment Authority (ADIA) will invest $500 million in U.S. power infrastructure company AlphaGen's 11 GW power portfolio
Middle East-based Sigma Capital launches $100 million fund for Web3 startups
Sigma Capital venture asset manager has announced the launch of a US$100 million fund dedicated towards accelerating Web3 innovation
Al Ansari partners with Pakistani fintech Abhi to expand earned wage access and SNPL in UAE
UAE’s Al Ansari Financial Services has announced a transformative strategic partnership with Abhi Middle East Limited.
UAE fintech Jingle Pay to launch in Pakistan as Bank Alfalah acquires 9.9% stake
Jingle Pay is set to launch its digital banking services in Pakistan after Pakistan's Bank Alfalah acquired 9.9% equity stake in the UAE-based fintech