Egyptian Financial Platform Swypex Launches Upon $4M Investment
Swypex has secured a $4 million seed investment round, led by the renowned venture capital fund Accel.
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Starknet Blockchain to Employ AI agents for Autonomous On-Chain Activity
Autonomous AI bots on Starknet will be able to perform on-chain activities for users, such as optimizing yield and re-allocating portfolios.
MENAP-Based Fintech ABHI Expands to Saudi Arabia
An emerging fintech operator, ABHI, with established operations in Pakistan and UAE, has expanded its business to the Kingdom of Saudi Arabia through a partnership with Alraedah Digital Solutions.
American Express Rolls Out Business Card for Nigerian Users
American Express is launching a business credit card in Nigeria.
Apple to Power AI Tools With Its Server Chips This Year
The media, citing insiders, reported that this year Apple Inc. will introduce some of its new artificial intelligence features in data centers equipped with its own in-house processors.
Generative AI Accelerates Human-Like Robot Development
Artificial intelligence, existing in forms similar to OpenAI’s ChatGPT, brings a new configuration of technological reality closer to full-fledged and large-scale materialization, in which humanoid robots are what correspond to the concept of an ordinary phenomenon.
Big Tech Companies Consume Lot of Data to Win in AI
Currently, large technology companies are demonstrating what can be described as super-intensive data consumption, as part of their desire to become winners in the so-called race for artificial intelligence, which has become one of the main processes in the space of digital reality, which is increasingly integrated with life realized offline, and largely determines the […]
Temasek-Backed Agritech Rize Raises $14M Series A Funding
Rize has an ambitious goal to eliminate 100 metric tonnes of carbon emissions while decarbonising rice cultivation with its robust technology stack.
Robinhood Declares 224% Crypto Trading Surge
A 224% increase in crypto trading volumes in the first year’s quarter boosted Robinhood trading figures to $36 billion, with crypto services contributing to nearly 40% of the firm’s transaction-based revenue.
Google DeepMind Debuts Next Generation of Drug Discovery AI Model
Google Deepmind has unveiled the third major version of its artificial intelligence model called AlphaFold, which is designed to help scientists develop medicines and increase the effectiveness of disease control efforts.
Google Opens Digital Wallet to Indian Consumers
Google’s digital wallet has become available to users of the services of this technology giant who live in India.
US Reportedly Revokes Several Export Licenses for Selling Semiconductors to Huawei
It became known that the United States revoked licenses that provided several companies, including Intel and Qualcomm, with the opportunity to supply chips used in laptops and smartphones to the Chinese manufacturer Huawei Technologies.
Monzo Raises $190 Million
British neobank Monzo on Wednesday, May 8, announced that it had managed to raise investments for $190 million.
Half of Workers Conceal AI Use to Not Seem Replaceable
AI usage in the workplace is steadily growing, but employees tend to hide it afraid of being replaced in their roles by technology solutions, shows a fresh report.
Ant International to Expand to Saudi Arabia
The partnership with the Ministry of Investment of Saudi Arabia enables Ant International to expand its e-commerce and digital payment services across the Middle East.
German Industrial Production Demonstrates Decline
In Germany, a decrease in industrial output was recorded in March.
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