SoftBank Sells Entire $5.8 Bn Nvidia Stake to Fund Massive $30 Bn OpenAI Bet
SoftBank sold a $5.8 billion Nvidia stake to bankroll a $30 billion push into OpenAI - the shock moved shares down as much as 10% and reignited the AI valuation debate.
Artificial Intelligence
SBI Enters Saudi Arabia with AstroLabs to Drive Data and AI-Led Innovation
Global consultancy SBI has entered Saudi Arabia with AstroLabs, strengthening its presence in the region’s booming AI and data sector. The Riyadh office marks a key step in supporting Vision 2030 and driving innovation-led transformation.
How Do Trading Bots Work? A Breakdown for New Investors
Technology is quickly replacing human efforts, including logical thinking, as witnessed in the use of AI to execute various tasks. The financial markets have also incorporated similar technology, such as the use of trading bots. Trading bots are automated applications…
Humanoid (UK) Partners with QSS AI & Robotics to Advance Humanoid Robotics in Saudi Arabia
The collaboration will localize manufacturing, deploy robots across industries, and open a flagship robotics experience centre in Riyadh, strengthening Saudi Arabia’s role as a MENA tech leader.
The Role of IoT & AI in Driving Smart Manufacturing Success
How IoT and AI are revolutionizing Industry 4.0 - driving predictive maintenance, real-time insights, and sustainable manufacturing success.
OpenAI Acquires Seattle-Based Startup Statsig for $1.1 Billion
The $1.1 billion all-stock deal brings Statsig’s product experimentation platform in-house at OpenAI, with founder Vijaye Raji stepping in as CTO of Applications.
Judge Delays Anthropic’s $1.5 Billion Settlement With Authors, Microsoft Seeks Collaboration
U.S. Judge William Alsup scrutinizes Anthropic’s $1.5 billion settlement with authors over pirated books, Microsoft to adopt AI models of Anthropic via AWS
Google U.S. Antitrust Verdict: What Turned the Tables for the Tech Giant – A Victory or Ultimatum?
Google trial ends with Chrome spared but a $425M privacy verdict and new data-sharing orders, redefining the fight over Big Tech dominance.
Riyadh’s OmniOps and California’s Groq Join Forces to Scale AI Deployment in Saudi Arabia
OmniOps and Groq join forces to deploy sovereign, high-performance AI infrastructure across key Saudi sectors in alignment with Vision 2030 and national data strategy.
Anurag Kashyap Slams ‘Chiranjeevi Hanuman’: Can Indian Cinema Survive the Age of AI?
As Chiranjeevi Hanuman becomes India’s first AI-generated feature film, Anurag Kashyap raises tough questions about creativity, artists, and cinema’s future.
Ex-Twitter CEO Parag Agrawal Launches AI Startup ‘Parallel’ with $30 Million Funding
Parag Agrawal launches AI startup Parallel with $30 million funding, claims to outperform OpenAI’s GPT-5 in advanced web-centric research tasks.
JD Vance vs. the Data: Can AI Really Boost Jobs While Entry-Level Roles Vanish?
JD Vance says AI will create jobs, not destroy them. But new data from WebProNews, Fortune, WEF, and others shows entry-level unemployment rising as automation reshapes the workforce.