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Morgan Stanley-led bank consortium prepares USD 15 bn bond sale to dump pre-built AI construction risk
A Morgan Stanley-led syndicate is tapping public debt markets to clear USD 15 bn in AI construction liabilities, exposing growing…
Longevium raises USD 7 mn for lab, Spinneys ups stake in its KSA subsidiary, another step forward for autonomous logistics in Dubai
The investment for Longevium comes as the UAE looks to bring more of the healthcare and pharma stack in-house
Chipmaker slump hits global markets as investors reassess AI outlook
China’s rise in AI is also raising concerns among investors
G42 joins Nvidia’s alliance for open-source AI
G42 is backing Nvidia’s push to make AI security tools more open and less dependent on systems controlled by a…
UAE hiring shrinks for the first time in four years as firms recruit to the final stage, then pause on uncertainty
It’s too early to call a boom — the surge could just be a response to economic downturn as firms…
1001 banks USD 30 mn to bring predictive AI to GCC ports, energy, and aviation
The platform gives operators real-time visibility into complex infrastructure, predicting disruptions and automating decisions
CNTXT AI raises USD 60 mn from BlueFive Capital, Abu Dhabi’s AI71
The round is one of the larger investment rounds for an AI startup in the region this year
MGX invests in Anthropic’s latest funding round + the latest T-sukuk was oversubscribed, again
MGX first invested in the firm back in February
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