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With the rise of AI, social media platforms could face perfect storm

Last month, a video posted to Twitter by Florida Gov. Ron DeSantis’ presidential campaign used images that appeared to be generated by artificial intelligence showing former President Donald...

Gold advances over 1% as traders bet on Fed pause

Gold rose over 1% on Tuesday to a more than one-month high, bolstered by a softer dollar and lower Treasury yields, with investors betting...

New AI Utility Coin yPredict Breaks $3 Million Fundraising Milestone

yPredict, a prominent web3 AI platform, has reached an impressive milestone in its crypto token presale. To date, it has successfully generated over $3...

Saudi Arabia purchases Turkish drones

Saudi Arabia agreed on Tuesday to buy Turkish drones in the biggest defence contract in Turkey's history as President Tayyip Erdogan reaped the benefits...

0% UAE corporate tax for Free-zone companies

Corporate tax rules require free zone entities to have clearly measurable stakes on ground. Discussions on the 0 per cent tax rate for free zone...

Tesla in India looking to make about half million EVs annually

Tesla is discussing an investment proposal with the Indian government to set up a factory with an annual capacity to produce about half a...

Brazilian Central Bank Digital Currency Raises Alarm

A blockchain developer has found a code in Brazilian central bank-backed digital currency (CBDC) that would allow the government to freeze accounts or even...

Dubai Aviation City corporation and Dubai South sign agreement to launch employee protection program

Dubai Aviation City Corporation through its affiliated corporation Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, announced the...

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ACWA Power secures $119m loan facility from Alinma Bank for new headquarters

RIYADH: Saudi utility giant ACWA Power has secured an...

SaaS startups raise AI budgets, go slow on hiring amid technology shift

From lean teams to smarter tools — AI is...

Trident Growth Partners, led by former Premji Invest and IFC investors, secure Rs 1,000 cr in debut fund

Backed by Ranjan Pai's family office Claypond Capital and...

Saudi Arabia tops emerging markets’ venture capital funding, overtakes Singapore 

RIYADH: Saudi Arabia has overtaken Singapore as the premier...

Saudi crude output hits 8.95m bpd: JODI data 

RIYADH: Saudi Arabia’s crude oil production rose to 8.95...