AI investment

DeepSeek vs. ChatGPT in the UAE: Is a Price War on the Horizon?

China’s latest AI innovation, DeepSeek, is making waves in the UAE, with many users describing…

AI Investments in META Region to Reach $14.6 Billion by 2028
AI Investments in META Region to Reach $14.6 Billion by 2028

Artificial intelligence (AI) spending in the Middle East, Türkiye, and Africa (META) is on a…

Meta to Invest $65 Billion in AI Initiatives, Says Mark Zuckerberg
Meta to Invest $65 Billion in AI Initiatives, Says Mark Zuckerberg

Meta Platforms Inc. has announced plans to invest up to $65 billion in artificial intelligence…

DAMAC Group's Hussain Sajwani Commits $20 Billion to US Data Center Expansion
DAMAC Group’s Hussain Sajwani Commits $20 Billion to US Data Center Expansion

Dubai-based DAMAC Group’s chairman, Hussain Sajwani, has announced a $20 billion investment in the rapidly…

AI Adoption to Automate Bookkeeping and Operational Tasks in 2025
AI Adoption to Automate Bookkeeping and Operational Tasks in 2025

Microsoft is set to invest approximately $80 billion in artificial intelligence (AI) this fiscal year,…

Microsoft to Invest $80 Billion in AI Datacenters & Cloud Tech
Microsoft to Invest $80 Billion in AI Datacenters & Cloud Tech

Microsoft is set to invest approximately $80 billion in artificial intelligence (AI) this fiscal year,…

Perplexity AI Secures $500 Million in Funding, Triples Valuation to $9 Billion in Six Months
Perplexity AI Secures $500 Million in Funding, Triples Valuation to $9 Billion in Six Months

Perplexity AI has reportedly raised $500 million in its most recent funding round, boosting the…