Amid DeepSeek competition, Altman visits UAE seeking OpenAI investment Gulf investors are betting big on AI, with sovereign wealth funds in the UAE and Saudi Arabia making the booming tech sector a core component of their portfolios. United Arab Emirates
UAE’s Edge Group acquires 30% stake in Israeli drone tech firm The acquisition of a 30% stake in ThirdEye is the latest example of cooperation between Israel and the UAE. United Arab Emirates
Analysis China’s DeepSeek triumph sparks billion-dollar AI dilemmas for Gulf investors Middle Eastern countries could benefit from new cost-effective AI systems such as those created by DeepSeek in lieu of US AI companies. By Samuel Wendel In Washington, DC, reporting on regional business and tech
UAE’s Sheikh Tahnoon discusses AI, tech with Jeff Bezos, Elon Musk in US His meetings came after UAE President Sheikh Mohammed bin Zayed met earlier this week with President Joe Biden and Vice President Kamala Harris. United Arab Emirates
Uber, China's WeRide to launch self-driving robotaxis in UAE WeRide already operates the largest robotaxi fleet in the UAE, where residents can access its robotaxi services through the TXAI app. United Arab Emirates
In White House visit, UAE leader seeks cooperation on Gaza and AI UAE President Sheikh Mohammed bin Zayed Al Nahyan will meet with President Joe Biden in his first official visit to Washington since 2017. United Arab Emirates
Analysis Israel detects Hezbollah limitations, doubles down on tech edge, attacks Recognizing Hezbollah's limitations, Israel has frequently pushed the boundaries of its military engagement, including the targeted killing of senior Hezbollah commanders and the strikes this Friday. By Francesco Schiavi In Bologna, reporting on security, defense, economy, governance
Israel’s Tower Semiconductor, Adani Group invest $10B in Indian microchip project India is trying to position itself as a leading microchip producer, encouraging foreign companies to set up manufacturing facilities in the country. Israel
Analysis Telegram CEO's arrest spotlights UAE’s investment-based citizenship laws The United Arab Emirates is showing that it takes its citizenship laws seriously and has vowed to fight for Telegram founder Pavel Durov. By Jennifer Gnana In Dubai, reporting on Gulf energy policy and politics
UAE asks France for 'urgent' consular services to arrested citizen Telegram’s Durov Russian-born Pavel Durov has been a resident of the UAE since 2017 and a citizen of the Gulf state since 2021. United Arab Emirates
Abu Dhabi’s Mubadala invests in UK cloud data center developer Yondr It marks Mubadala’s third major investment in cloud data centers in three years, as the wealth fund looks to cash in on the ballooning demand for data center infrastructure. United Arab Emirates
Tech investment slump reaching critical stage for cash strapped Middle East startups Samuel Wendel In Washington, DC, reporting on regional business and tech
Intel delays work on $25B Israel plant as tech sector feels impact of Gaza war Israel’s tech sector has been impacted by the Gaza war as well as the government’s judicial reform plans and the global tech downturn. Israel
China’s EV giants target Turkey as trade wars intensify Samuel Wendel In Washington, DC, reporting on regional business and tech
Saudi Arabia joins China, UAE in digital currency project The kingdom is joining the Switzerland-based Bank for International Settlements' central bank digital currency platform. Saudi Arabia