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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
Irish startup Fire1 secures $120 million for its heart failure management device
Irish medtech startup Fire1 has raised $120 million (€116 million) in funding to accelerate the development of its…
Microsoft plans to invest $3 billion to expand AI and cloud infrastructure in India
Microsoft is making a bold move to accelerate India’s AI-driven growth, announcing a $3 billion investment in cloud and AI infrastructure over the next two years.
South Korean researchers develop Iron Man-inspired robot that helps paraplegics walk
This Iron Man-inspired innovation, called WalkON Suit F1, is a powered exoskeleton that enables users with paraplegia to regain mobility.
Apptronik and Google DeepMind partner to advance AI-powered Humanoid Robots
Apptronik, an AI-powered robotics company, has announced a strategic partnership with Google DeepMind to accelerate the evolution of humanoid robots.
Zhipu AI raises $412 million to expand services in China’s competitive AI market
Chinese AI startup Zhipu AI has raised 3 billion yuan ($412 million) to compete more effectively in the rapidly growing AI market.
Databricks hits $62 billion valuation after $10B funding round in 2024’s largest VC deal
Databricks, a prominent player in the Data and AI sector, has reached a valuation of $62 billion following a $10 billion Series J funding round.