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DUBAI AI DEVELOPMENT
Gulf AI buffering, but on-streamThe escalating tensions between the US and Iran have hindered the progress of AI infrastructure development throughout the Gulf. While Gulf...- AI startup Simplismart raises $14 million from Dallas Venture Capital, Nvidia as demand for inference growsAs enterprise adoption of AI models scales, companies are seeking more cost-efficient ways to operate AI tools. Simplismart, founded by for...
- Meet Mahmoud Felfel and Hammad Syed, two Egyptian founders who built a text-to-speech tool; their voice AI startup was later acquired by MetaMahmoud Felfel and Hammad Syed are the founders of PlayAI. Both of them Egyptian entrepreneurs who had previously worked at Dubai-based cla...
- AI startup Simplismart in talks to raise $40-50 million; valuation may tripleSimplismart, an innovative AI infrastructure startup, is in talks to secure between $40 and $50 million in funding, which could potentially...
- Dubai bets $1.4 billion on a new financial district after Gulf war slowdownDubai is advancing a significant $1.4 billion real estate project, which includes hotels and office spaces. Although property transactions ...
- What major revelations about GTA 6's development timeline and costs were unveiled in the Bloomberg report?Grand Theft Auto 6 is anticipated to release on November 19, demonstrating a significant increase in development resources. Rockstar Games ...
- From sewer to space: Genrobotics bags ISRO robotics development contractThe company has secured the project from the U R Rao Satellite Centre (URSC), a key centre of the ISRO, marking a significant step in its j...
- Flipkart alumni seek Esop buyout; Local sourcing for ISM 2.0Former Flipkart executives are seeking a full cash-out of vested Esops. This and more in today’s ETtech Top 5.
- Payoneer India Cross-Border Excellence Awards 2026 closes with a blueprint for India’s next export leapIndia’s exports hit a record $863.1 billion in FY26, yet the businesses driving that growth rarely share the spotlight. On September 25 in ...
- ElevenLabs CEO on AI slowdown; Prosus dials up fintech betsHappy Wednesday! ElevenLabs CEO Mati Staniszewski weighs in on the AI slowdown debate. This and more in today’s ETtech Morning Dispatch.
- 150-year-old human might already be among us, claims Harvard scientist. His experiment may have unlocked how long we can really liveWhat if humans could eventually live for 150 years, not through a simple extension of existing treatments but by actually turning back some...
- Palantir CEO Alex Karp quietly bought 37,000 acres in Sweden for $22 million; locals found out only after hunters got an unexpected emailIn a surprising move, Alex Karp, the CEO of Palantir Technologies, has acquired a substantial forested region in Härjedalen, Sweden, for 23...
- Trump says Iran wants deal as Gulf talks delayed, Houthis strike Saudi ArabiaIran wants a deal with the United States, President Trump stated on Monday. Gulf Arab states postponed a meeting with Iran as fighting wide...
- 100% equity NPS schemes have attracted younger investors, says Sriram Iyer, MD & CEO, HDFC Pension FundThe multiple-scheme framework introduced last year, the lower mandatory annuitisation requirement, and the growing focus on non-government ...
- Coforge row deepens; MDR on UPI coming soonCoforge’s boardroom brouhaha has taken a new turn days after chairman Om Prakash Bhatt’s resignation. This and more in today’s ETtech Top 5.
- Adani calls for new credit rating framework for transformational infrastructureIn a bold move, Gautam Adani has demanded a significant reform of the infrastructure rating models. He criticized current assessments for t...
- ET World Leaders Forum: Action alert! Curtains rise today in Delhi; PM Modi to address global leadersPrime Minister Narendra Modi will headline the Economic Times World Leaders Forum this Friday. Global business leaders and policymakers wil...
- With $9.3 billion existing Dubai investment, 55,274 jobs; new MoUs seek to expand India-UAE AI and trade tiesThe agreements were signed in Bengaluru between the Indian industry bodies and a delegation led by Dubai Chambers’ president and chief exec...
- L&T-Mitsubishi to build world's largest APM system for Dubai's Al Maktoum International AirportLarsen & Toubro and Mitsubishi Heavy Industries will build the world's largest Automated People Mover system. This project spans fifty kilo...
- ET World Leaders Forum: It's time for Indian cos to scale across global markets with Dubai as the baseIndian companies have long played a major role in Dubai’s economy, with nearly 82,000 active Indian businesses registered with the Dubai Ch...
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