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

DataRobot

As Senior Technical Analyst at GlobalData, Beatriz Vale explains “It will be exciting to follow the evolution of the new AI CoE, in the stimulating environment offered by Hub71, and within the context of the fast-growing market of Abu Dhabi and the UAE, the second largest economy in the Arab world.” Industry Analyst Report.

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The most innovative companies in artificial intelligence for 2025

Fast Company Tech

The AI industry hit a significant bend in the road toward artificial general intelligence in 2024. And all the while a small AI lab in China was quietly developing new AI models, including reasoning models, that would begin sending shockwaves through the AI industry by the end of 2024. The rest of the industry has followed its lead.

Companies 110
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ShipBlu bags $2.4M for its e-commerce and fulfilment service in Egypt

TechCrunch

Per its YC profile , ShipBlu signed on more than 40 merchants during its first month. We offer that option to merchants, who in turn can decide to offer that to customers. So it could be the customer’s choice or the merchants’ choice.”. ShipBlu only fully launched this August.

Egypt 119
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Daily Crunch: After raising $3M seed, global fintech platform Payday plans to secure licensing in Canada, UK

TechCrunch

A growing market : Christine writes that Italy’s ban on cultivated meat could set the industry back. Now here’s five more for you: Spot-ify the new changes : Spotify is testing out new card-style user profiles so that users can have more of a social profile on the platform, Sarah reports. Is that you, Bob?

Canada 94
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Israel’s startup ecosystem powers ahead, amid a year of change

TechCrunch

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. Israel’s startups industry began emerging in the late 1980s and early 1990s. After a record year for Israeli startups, 16 investors tell us what’s next.

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

We have seen several high-profile companies raising new money at much lower valuations, which shows this is starting to happen,” Ruark said. ” Plaid announced that financial services industry veteran Meghan Welch has joined the 1,200-plus-person company as its first chief people officer.

Brazil 106
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Korea’s Riiid raises $175M from SoftBank to expand its AI-based learning platform to global markets

TechCrunch

“AI is eating the world of education,” Riiid co-founder and CEO YJ Jang notes in his biographical description on his LinkedIn profile. This investment is only the beginning of our journey in creating a new industry ecosystem and we will carry out this mission with global partnerships.”