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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
professionals

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Y Combinator, 500 Startups, Plug and Play invest in Odiggo’s $2.2M seed round

TechCrunch

Egypt and Dubai-based auto tech startup Odiggo is a platform addressing this problem. Over 50,000 car owners across three markets — Egypt, the UAE and Saudi Arabia — use Odiggo. Odiggo will use part of the funding to continue developing its tech and dashboard software, he said.

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Qureos raises $3M to grow its learn to earn platform

TechCrunch

Qureos , a UAE-based edtech and remote work marketplace that is changing how people upskill and get jobs across the globe, plans to grow the uptake of its platform by 10 times this year in its race to create 100 million jobs over the next few years. Everyone submits their work, gets feedback, a rating and reflection from the mentors.

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MoneyHash gets $3M to build a super-API for payment operations in Africa, Mideast

TechCrunch

It’s an extensive process that has seen some Big Tech companies build dedicated teams to manage different connections, data and cycles with the payments gateways in the markets where they are present. MoneyHash clients cut across different industries: e-commerce, travel and tourism, and remittances, among others. In the U.S.,

Africa 98
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5 reasons why Ukraine’s fintech sector is growing despite war

TechCrunch

Vadym Synegin is a Ukrainian impact entrepreneur, philanthropist and investor in fintech and crypto projects with more than 15 years’ experience as an entrepreneur in Europe and the UAE. They have proven their resilience even in wartime conditions, and impressively, 90% of Ukrainian tech startups are still hiring.

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

TechCrunch

million on average, the largest payout to employees in Israeli high tech at the time, and the exit created a pool of new entrepreneurs and angel investors. 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).