Artificial intelligence

Banco Santander and G42 sign Memorandum of Understanding to explore strategic cooperation in Artificial Intelligence

G42, the Abu Dhabi-based technology group and Banco Santander, S.A. (“Santander”), the Madrid-based global banking group, have signed a memorandum of understanding establishing a...

KPMG and Anthropic sign global alliance and launch Digital Gateway Powered by Claude

KPMG and Anthropic announced KPMG Digital Gateway Powered by Claude, bringing Anthropic’s frontier AI directly into KPMG’s client delivery platform. The launch is part of...

CNTXT AI acquires Actualize to strengthen Arabic Voice AI for enterprise and government across the GCC

CNTXT AI, a UAE-based data and AI company, today announced the acquisition of Actualize, an enterprise AI company building dialect-aware Arabic voice agents for...

Sber sees the UAE as a strategic platform for AI dialogue and tech partnership

At SPIEF, Sberbank’s First Deputy Chairman of the Executive Board Alexander Vedyakhin told Gulf Today that the UAE is a key partner for Sber in...

Positron AI establishes first presence outside the US in DIFC to drive next-generation AI inference

Positron AI has raised over USD 300mn and achieved unicorn status, reflecting strong global demand for its technology The expansion comes at a...

Mastercard Lighthouse launches in the UAE in collaboration with UAE AI Office to accelerate fintech innovation

As the financial services industry accelerates the adoption of artificial intelligence, resilience and trust have become essential to ensuring innovation delivers meaningful, secure outcomes...

Zand Partners With DWTC Free Zone to Expand AI-Driven Digital Banking for UAE Businesses

Zand has partnered with Dubai World Trade Centre Free Zone to provide AI-powered digital banking services for companies operating within the DWTC Free Zone ecosystem. Under the partnership,...

UAE Government announces strategic knowledge partnership with MBZUAI

The UAE Government has launched a strategic knowledge partnership with Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) to build Agentic AI expertise across...

Klivvr launches K.ai, Egypt’s first interactive AI assistant in fintech applications

Klivvr, an innovative app that provides full control over users’ financial experience, announced the launch of K.ai, the first interactive financial AI assistant in...

Stc Bahrain and Ithmaar Bank forge strategic partnership to streamline cloud financial management

stc Bahrain, a digital enabler, announced a strategic partnership with Ithmaar Bank, one of the region's leading Islamic retail banks, to provide comprehensive management...

Qashio and NEXA AI Lab launch partnership to automate finance workflows in the UAE

Qashio, the UAE’s spend management platform, has partnered with NEXA AI Lab, the AI division of NEXA, one of MENA’s digital growth agencies, to help accelerate...

Core42 Raises USD 550 million from HSBC to Scale Global AI Infrastructure

Core42, a G42 company specializing in sovereign cloud and AI infrastructure, announced the successful arrangement of two structured trade finance facilities amounting to USD550...

Visa launches Agentic Ready programme in CEMEA

Visa, a global leader in digital payments, today announced the launch of its global Agentic Ready program in Central Europe, Middle East, and Africa...

OpenAI and Plaid partner to offer personalised financial advice

OpenAI introduced a preview of a new personal finance experience in ChatGPT, powered by Plaid. Pro users in the U.S. can now connect their...

UAE to train 80,000 government workers in Agentic AI under high-tech drive

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, has chaired the UAE Cabinet...

Codebase Technologies, Ovanti Limited partner on AI digital asset bank

Codebase Technologies, a global provider of digital banking platforms and transformation solutions, announced a strategic partnership with Ovanti Limited (ASX: OVT) to support the launch...

Trescon to Convene AI and Finance Leaders in Jakarta with World AI Show and Finance 2045

Jakarta, 6th May 2026: Following a strong run of global editions that have consistently brought together enterprise leaders, policymakers, and investors, Trescon announces the Jakarta edition...

Signit Raises $15M Series A To Scale AI Contract Platform In Saudi Arabia

Signit, a Saudi Technology company providing digital signatures and AI-powered contract management, announced it has raised $15 million in Series A funding to expand...

Arabic.AI and HeyBreez Join Forces to Run Arabic Voice AI at Enterprise Scale

Arabic.AI and HeyBreez are combining the deepest Arabic language intelligence in the region with the infrastructure enterprises need to run voice AI at scale,...

Comfi raises US$65mn Pre-series A round to scale SME capital across MENA

Comfi, a B2B embedded finance platform, today announced it has raised $65 million in a Pre-Series A funding round consisting of both equity and...

UAE ranks among leading global AI hubs in AI Index 2026

The United Arab Emirates has been recognised as a leading global hub in artificial intelligence (AI), according to the AI Index Report 2026 issued...

DIEZ and VOLT UAE team up to develop AI-ready data centres in Dubai Silicon Oasis

The Dubai Integrated Economic Zones Authority (DIEZ) has announced a joint venture with VOLT UAE, the regional platform established by Dutch data centre and...

CNTXT AI introduces Munsit Emirati TTS, the most accurate native Emirati voice model, setting a new benchmark for Arabic speech

CNTXT AI announced the launch of Munsit Emirati TTS, a text to speech model designed to generate real time, human-like Emirati Arabic for enterprise...

VAST Data Valued at $30 Billion as AI Drives a New Infrastructure Stack

VAST Data, the AI Operating System company, announced the closing of its Series F financing at a $30 billion valuation, representing more than a...

DIFC to become the world’s first AI Native financial centre

The Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia region, today announced that it...

EY launches agentic AI in audit across global and MENA markets

The EY organization announced the global roll-out of enterprise-scale agentic AI in Assurance, marking a fundamental shift toward AI-transformed audits. These new releases, alongside...

UAE strengthens its AI media ecosystem as Galaxy Corporation launches operations in the country

Galaxy Corporation, a Seoul-based AI-driven entertainment technology company, has established a UAE office as part of its global expansion, signalling growing international confidence in...

Kodamai Solves Enterprise AI’s Hardest Problem: Making Autonomous Agents Provably Correct at Scale

Emerging from stealth, Kodamai launches the world’s first enterprise AI agent platform built on mathematical first principles — using Category Theory, Type Theory, and...

Revolut launches AI-powered money assistant

Revolut has introduced an AI assistant called AIR to help users manage their finances through simple in-app conversations. The tool is rolling out first...

Magna AI and Corvit Networks Forge Strategic Alliance to Accelerate Pakistan’s National AI Development

Magna AI, Inc., the global integrated‑value‑chain sovereign AI transformation leader established through a partnership between Trend Micro and Wistron Digital Technology Holding Company (WDH)...

Innovaccer and Infinia Technologies Form Strategic Alliance to Power the Future of AI-Driven Healthcare in the UAE

Innovaccer Inc., a leading healthcare AI company, and Infinia Technologies, a next-generation digital transformation company and a subsidiary of Sirius International Holding under Abu...

IHC Advances USD 1 Billion Investment to Acquire Majority Stake in India’s Sammaan Capital

IHC to acquire 41.5% stake in Sammaan Capital for USD 1 billion 26.9% stake already acquired, with remaining stake via warrants over 18...

zypl.ai Secures USD 5.5 Million in a Strategic Bridge Round

zypl.ai, a pioneering AI company applying synthetic data for AI decisioning in financial services, announced USD 5.5 million raised at a valuation of USD...

Visa and Bridge Expand Collaboration, with Plans to Bring Stablecoin-Linked Cards to Over 100 Countries

Visa is deepening its partnership with Stripe-owned stablecoin infrastructure platform Bridge to expand stablecoin-backed Visa cards worldwide. Since launching stablecoin-linked cards, developers using Bridge have...

Lucidya launches Enterprise AI Agent Platform

Riyadh, Saudi Arabia – Following its record-breaking USD $30 million Series B funding round in 2025, the largest AI investment at the time in MENA, Lucidya,...

Shorooq Invests in AMI Labs as Yann LeCun’s AI startup raises $1.03bln

Shorooq announced its participation in the $1.03 billion funding round of AMI Labs (Advanced Machine Intelligence), the newly launched artificial intelligence company founded by...

UAE AI Startup Skipr Raises $2M Seed Funding to Build Sovereign AI Infrastructure

Abu Dhabi–based technology startup Skipr has raised $2 million in a seed funding round, giving the company an estimated $10 million valuation. Founded in 2023...

Amazon’s AWS reports outage after UAE datacenter struck by ‘objects’

Amazon's cloud-computing facilities in the Middle East faced power and connectivity issues on Monday after unidentified "objects" struck its data center in the United...

Hoxton Wealth App Surpasses $10 Billion in Tracked Assets

The Hoxton Wealth app, which brings investors’ global finances together for seamless control and insights is now tracking $10 billion in assets worldwide, less...

PayPal to Acquire Cymbio, Accelerating Agentic Commerce Capabilities

PayPal has agreed to acquire Israeli fintech Cymbio, deepening its move into AI-driven commerce following a partnership launched in late 2025. The deal, expected...

Pennylane Raises €175m to Power European Expansion and AI Push

French fintech Pennylane has secured a €175 million funding round led by TCV and Blackstone Growth, with continued backing from DST Global, CapitalG, Sequoia...

Baseten Secures $300M as Nvidia Backs AI Inference Push

AI inference startup Baseten has raised $300 million in a new funding round that doubled its valuation to $5 billion, according to reports. The...