Funding

Two executives shake hands on stage during an event, with the SoftBank and OpenAI logos displayed in the background. The scene signifies a partnership announcement involving significant funding to advance AI initiatives.
OpenAI Set to Secure $40 Billion in SoftBank-led Funding to Advance AI Initiatives

OpenAI is set to secure $40 billion in SoftBank-led funding. This investment aims to boost…

AI Investments Skyrocket by 62% to $110 Billion in 2024 Amid Broader Startup Funding Decline
AI Investments Skyrocket by 62% to $110 Billion in 2024 Amid Broader Startup Funding Decline

Venture capitalists are continuing their strong push into artificial intelligence (AI), pouring record-breaking amounts into…

How Tabby Became MENA’s Most Valuable Fintech and What’s Next
How Tabby Became MENA’s Most Valuable Fintech and What’s Next

A Record-Breaking Valuation Tabby’s rapid ascent in the fintech sector has garnered significant investor interest,…

Elon Musk Leads $97.4 Billion Bid for OpenAI Amid Growing AI Power Struggle
Elon Musk Leads $97.4 Billion Bid for OpenAI Amid Growing AI Power Struggle

Billionaire entrepreneur Elon Musk has made a bold move in the artificial intelligence industry, leading…

UAE Student Research Funding: Dh40,000 Grants for Innovation & Science
UAE Student Research Funding: Dh40,000 Grants for Innovation & Science

The UAE Student Research Funding Initiative has been launched to provide financial support of up…

Wipro wins major Etihad Airways IT transformation deal
OpenAI in Talks to Secure Up to $40 Billion in New SoftBank-Led Funding Round

OpenAI is currently in discussions to raise up to $40 billion in a new funding…

Sequoia Capital and Y Combinator Invest $18 Million in Nsave to Expand Offshore Account Services
Sequoia Capital and Y Combinator Invest $18 Million in Nsave to Expand Offshore Account Services

Offshore financial services startup nsave has secured $18 million in funding from prominent investors, including…

nsave Secures $18M to Launch Offshore Accounts and Investment Platform for High-Inflation Economies
nsave Secures $18M to Launch Offshore Accounts and Investment Platform for High-Inflation Economies

nsave, a financial services company specializing in offshore accounts for individuals from high-inflation economies, has…

UAE: Sharjah Startup Competition Offers Dh700,000 in Grants and Funding

Visionary entrepreneurs and startups worldwide are invited to participate in a high-stakes competition in Sharjah,…

Saudi Arabia's Kingdom Holding and Qatar's QIA Back Elon Musk's xAI in $6 Billion Funding Round
Saudi Arabia’s Kingdom Holding and Qatar’s QIA Back Elon Musk’s xAI in $6 Billion Funding Round

Elon Musk’s artificial intelligence company, xAI, has successfully raised $6 billion in a series C…