CFO Krishna Rao stated demand for the company’s Claude chatbot continues to surge as enterprises adopt it for critical business operations.
SpaceX acquires xAI in trillion-dollar deal
The deal gives SpaceX a valuation of $1 trillion, and xAI a value of $250 billion.
Tech Mahindra, FICO to accelerate AI-driven decisioning, core banking transformation
Dubai — Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, …
MFTA launches Council for Policy & Regulation Working Group
Building on the successful launch of The Council during Investopia 2023, the MENA FinTech Association (MFTA) has formally constituted its …
BEC scams ease in volume, but gift cards dominate cash-out methods: Fortra report
Fortra’s December 2025 BEC Global Insights Report shows a dip in attack volume, continued dominance of gift card fraud, and …
UAE’s eInvoicing push is about more than just invoices, says Nishe Consulting MD
Beyond compliance, standardised digital invoicing promises automation, richer data, and a step-change in decision-making across government and industry. The UAE …
Anthropic AI looks to raise $10 billion in funding
It noted Anthropic is planning to go public this year and expects to break even for the first time in 2028.
Meta’s acquisition of AI start-up Manus comes under review
The probe is in its early stages and may not progress to a formal investigation. However, sources added the potential need for a licence could help China’s government influence or block the transaction.
Multinational companies commend private 5G deployments
Benefits include more precise asset monitoring, improved operational efficiency and enhanced safety in challenging conditions.
Boston Dynamics Atlas robot draws business interest
Atlas offers 56-degrees of freedom, features fully rotational joints and provides a reach of 2.3m. Operating temperatures span -20deg C to 40deg C.
T-Mobile suffers a loss in court against AT&T
The temporary restraining order will expire at the end of 28 days after it was issued unless AT&T and T-Mobile come to an agreement or by a court order.
ServiceNow to buy Armis for $7.75 billion to strengthen cyber exposure across IT and OT
ServiceNow and Armis will create a unified, end-to-end security exposure and operations stack that can see, decide, and act across …
ELPEN establishes first MEA subsidiary to expand access to high quality medicines
The company’s first MEA subsidiary positions it at the heart of one of the world’s fastest-growing healthcare regions, enhancing access …
GenAI App ad spend hits $824 million as AppsFlyer reveals first AI Agent usage data
Report highlights rapid growth in GenAI apps and deeper integration of AI-driven tools in marketing workflows. Dubai — AppsFlyer has released …