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Tech
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Hub71 startups raise $2.17 billion in 2024 as Abu Dhabi emerges as global tech hub
Abu Dhabi’s Hub71 emerges as one of the world’s fastest-growing innovation hubs with startups under its umbrella raising a record $2.17 billion in 2024
South Africa to host Africa’s first AI factory in partnership with Nvidia
African tech enterprise Cassava Technologies partners with Nvidia to establish Africa’s first AI factory in South Africa
China launches $138 billion fund to supercharge AI, quantum tech, and emerging industries
Chinese government has announced 1 trillion yuan ($138 billion) fund to accelerate China’s innovation
TSMC announces $100 billion US investment, sparking concerns over Taiwan’s semiconductor dominance
TSMC, the world’s largest chipmaker, announced plans to invest $100 billion in the United States
Pakistani startup EduFi wins $250,000 first prize at LEAP 2025 in Saudi Arabia
Pakistan’s Study Now, Pay Later (SNPL) digital platform EduFi won first place at Rocket Fuel Pitch Competition at LEAP 2025 in Riyadh.
LEAP 2025 wraps up in Riyadh with $25 billion in tech investments
Global tech event LEAP 2025 concluded in Riyadh with the announcement of $25 billion in tech investments.
Oxford scientists make major breakthrough, bringing us closer to scalable supercomputers
University of Oxford researchers announced a groundbreaking achievement in a leap toward making the promise of quantum computing a reality
UAE to invest billions to build Europe’s largest AI Data Center in France
UAE would invest billions of euros to develop a 1-GW AI data center in France
Amazon doubles down on AI with $100 billion spending plan for 2025
Amazon to double down on AI with plans to boost its total capital expenditures to $100 billion this year
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.