Middle East stories - Page 8

Global fintech funding jumped 21% to USD $53 billion in 2025, as the UK secured second place worldwide with USD $3.6 billion.

Elon Musk's xAI raises USD $20 billion, turbocharging Grok model training and GPU build-out as rivalry in frontier AI heats up.

EcoPhi deploys open virtualisation in over 200 substations, cutting hardware and wiring costs by up to 70% and boosting fault prediction.

BCS Consultancy names Chris Coward COO to steer global expansion and sharpen operations as AI-driven data centre demand accelerates.

Skillsoft Global Knowledge has been named AWS EMEA Training Partner of the Year 2025 for its cloud and AI skills programmes across the region.

AI-driven demand is set to unleash up to USD $3 trillion in global data centre investment, doubling capacity to 200GW by 2030.

PPDS launches 37in Philips Stretch 3150 ultra-wide 32:9 signage, targeting tight retail and transport spaces with Android 13 on board.

Optix marks 25 years with a European expansion, senior hires and new fatigue-detection tech as it targets faster global fleet-safety growth.

AI in 2026 will bring harsher harms and huge gains, forcing business to prioritise governance, greener models and pragmatic industrial uses.

WiseTech and Elm sign Saudi logistics tech memorandum to explore digital tools that boost efficiency, integration and customer experience.

Agentic AI start-up Superbo wins strategic backing from Deep Capital to scale its Opero Suite and accelerate global expansion plans.

Freshworks rolls out new AI tools for Freshdesk to unify channels, cut agent drudgery and boost resolution speeds for service teams.

Abu Dhabi's Falcon-H1 Arabic AI model debuts with a hybrid Mamba-Transformer design, topping the Open Arabic LLM Leaderboard.

Arthur D. Little and Vega IT launch Axceler8 Solutions, an AI-driven platform venture debuting with cloud tool Axceler8 Rx for drug trials.

SEALSQ makes first US quantum bet on EeroQ, backing helium-based chips in a 'Quantum Made in USA' push and USD $35 million plan.

Hightekers snaps up Serviap Global to cement its Latin America footprint, extending its direct Employer of Record reach to 40 countries.

Suprema's BioStation 3 facial ID terminal is on course for record annual global sales as demand for AI-driven access control accelerates.

Finance leaders hail AI as core to strategy, yet fewer than half have scaled it beyond pilots amid legacy, skills and leadership hurdles.

B2B buyers are rebelling against scripted 'discovery theatre' sales, accusing vendors of wasting time, misusing AI and eroding trust.

AI-driven power demands will reshape 2026 data centre growth, spurring Nordic, Gulf and APAC hubs while straining UK skills.