venture capital

MBRIF DFDF startup partnership meeting
MBRIF Partners With DFDF to Boost UAE Startup Growth

The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative of the UAE Ministry of Finance,…

Snowflake AI data cloud abstract graphic
Snowflake Expands AI Startup Support Across UAE

Snowflake has introduced Snowflake for Startups in the UAE to help founders build and scale…

Databricks $5 billion funding announcement
Databricks Raises $5 Billion at $190 Billion AI Valuation

Late-stage startups often face a difficult balance when raising money. However, strong investor demand can…

QDB Multiverse Computing investment signing
QDB Backs Multiverse Computing Series C Funding

Qatar Development Bank (QDB) has joined Multiverse Computing’s Series C funding round, which targets up…

MiniMax AI funding announcement logo
MiniMax Raises $2B Amid Stock Slide

Chinese artificial intelligence company MiniMax has launched a $2 billion fundraising plan just days after…

Anthropic Claude AI valuation concept
Anthropic Reaches $1.2 Trillion Valuation

Anthropic has reached an implied valuation of approximately $1.2 trillion in private secondary markets, making…

MGX announces $49B AI fund
Abu Dhabi’s MGX Closes $49 Billion AI Fund, One of the World’s Largest

Abu Dhabi-based technology investment firm MGX has closed a $49 billion artificial intelligence fund, surpassing…

Abu Dhabi startup ecosystem growth
Abu Dhabi Joins Global Top 50 Startup Ecosystems With $73.4B Value

Abu Dhabi has secured a place among the world’s top 50 emerging startup ecosystems after…

Mistral AI logo displayed on smartphone
Mistral AI Seeks Funding at Higher Valuation

French artificial intelligence startup Mistral AI is reportedly in discussions to raise a new funding…

Bezos unveils industrial AI platform
Jeff Bezos’ Prometheus Hits $41 Billion Valuation After $12 Billion Raise

Jeff Bezos and co-CEO Vik Bajaj announced on Thursday that their industrial AI startup, Project…