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The First AI Center of Excellence Announced in the United Arab Emirates – Powered by DataRobot

DataRobot

We’ve had a busy few months in the Middle East and Northern Africa (MENA) building great relationships with important customers in the region and working closely with critical partners that will act as managed service providers helping us as we bring the value of AI to that market. Industry Analyst Report. Why DataRobot?

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Remote working means this startup can use brains in emerging markets to disrupt management consultants

TechCrunch

The global management consulting industry is worth billions of dollars but to this day it’s been tough to disrupt with technology. It claims its on-demand, remote analysts (from countries such as Colombia, Pakistan and the United Arab Emirates) can be deployed within 24 hours, and save companies 80% on recruiting and advisory budgets.

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Israel’s startup ecosystem powers ahead, amid a year of change

TechCrunch

And while Israel doesn’t have a Silicon Valley, it named its high-tech cluster “Silicon Wadi” (“wadi” means dry desert river bed in Arabic and colloquial Hebrew). Much of Israel’s high-tech industry has emerged from former members of the country’s elite military intelligence units, such as the Unit 8200 Intelligence division.

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Headout raises $12M, plans to hire 150+ people as domestic travel rebounds

TechCrunch

The travel industry was one of the hardest hit by the pandemic , and startup Headout was no exception. The new funding will be used to expand into 300 cities, product development and its product, business, marketing and operations teams. Then COVID-19 hit. The company began focusing on domestic tourism in the last quarter of 2020.

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CATL to report record profit in 2024 despite revenue decline amid lithium price slump

TechNode

Why it matters: Despite this, CATL warned it might end the year with a revenue decline for the first time since it started releasing its financial figures in 2015, due to the lithium price squeeze that has been shaking up the industry since hitting its peak in late 2022.

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Thynk wants to upgrade hotel stays with a vertical software platform

TechCrunch

Meet Thynk , a new company that wants to build the definite enterprise software solution for the hospitality industry. For instance, in the hospitality industry, Amenitiz focuses exclusively on independent hotels and B&Bs. This industry is completely under-equipped when it comes to integrated information systems.

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With ride-hail and delivery launch, Fenix wants to be the Bolt of the Middle East

TechCrunch

The company launched “Fenix Taxi” in Manama, Bahrain, on Monday and says it’s planning to add two additional markets this summer. Aside from Bahrain, Qatar, Turkey and the United Arab Emirates, Fenix also has a presence in Saudi Arabia, specifically with its shared and subscription scooter service.

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