SDAIA Academy will run 18 specialized bootcamps across Saudi Arabia in August as part of its “Future Summer” initiative, aiming to build national talent in data and artificial intelligence. The …
OpenAI has cut the price of its GPT-5.6 Luna model by 80%, lowering it to $0.20 per million input tokens and $1.20 per million output tokens from its earlier $1 and $6 rates, according to OpenAI’s …
A leaked internal Microsoft memo has sparked debate over how big tech companies control AI spending, after CoreAI leader Jay Parikh told employees to rein in heavy token use and default to OpenAI’s …
Eurozone unemployment came in at 6.3% in June, slightly above the rate expected by analysts and unchanged from May after a revision, according to Eurostat. The data suggest that the labor market is …
Saudi AI startup Rime has raised more than $2 million in seed funding to expand its physical-AI products, according to the company. The round was led by Seedra Ventures with participation from other …
Abu Dhabi state energy company ADNOC has hired Morgan Stanley’s global co-head of energy, Michael O’Dwyer, as its new chief investment officer, according to Reuters sources. The move comes as ADNOC …
Optical networking startup Lumilens said it raised more than $700 million in a Series C round, valuing the company at $5.51 billion as demand grows for faster connectivity in AI data centers. The …
Anthropic’s Claude suffered a widespread outage on August 5 that disrupted the chat service, Claude Code, and the API for several hours, with users seeing elevated errors and “unexpected capacity …
The United Arab Emirates is reportedly considering an investment of up to 1 trillion yen, or about $6.3 billion, in a giant AI data center project in Akita, northern Japan, according to a …
Reddit CEO Steve Huffman said Google’s AI Overviews are hurting the broader web by summarizing content instead of sending users to websites, adding to fears that search traffic is shrinking for …
HUMAIN has made a strategic investment in Saudi AI company MOZN and formed a partnership to co-build secure enterprise AI products for financial institutions and public sector organizations. The …
Dubai-based Longevium has raised $7 million to launch a Longevity AI Research Lab at Dubai Science Park, marking a push to apply artificial intelligence to longevity research. The funding gives the …
HUMAIN, the Saudi artificial intelligence company backed by the Public Investment Fund, has taken a strategic stake in MOZN, an enterprise AI startup focused on financial crime prevention and …
DeepFest is returning to Riyadh in 2026 as Saudi Arabia intensifies its push to brand the year around artificial intelligence, with the event positioned alongside LEAP, the kingdom’s major tech …
Saudi startup Rime has raised more than $2 million in seed funding, led by Seedra Ventures with participation from Athla Investment, Unity Invest Partners, and angel investors. The company says it …
Saudi Arabia’s venture capital market slowed sharply in the first half of 2026, with startups raising about $219 million, down 74% from a year earlier, according to Argaam and MAGNiTT. The decline …
Saudi AI company HUMAIN, owned by the Public Investment Fund, has announced a strategic investment in local enterprise AI firm MOZN and a partnership to develop secure, production-grade AI products …
Apple’s first smart glasses are now reportedly delayed until June 2027 for an unveiling at WWDC, with consumer sales expected later in the year. The move pushes back an earlier target of late 2026 or …
Qatar-based digital payments company SkipCash has secured a strategic investment from Qatar International Islamic Bank, a move that underscores growing cooperation between established banks and local …
Saudi Arabia is promoting DeepFest 2026 alongside LEAP 2026 as part of a major push to scale its flagship technology events in Riyadh. DeepFest, the AI-focused conference, will run with LEAP at the …
