Business
AI’s biggest funding round ever: Anthropic just raised $65B and surpassed OpenAI
Claude creator Anthropic just raised a record $65 billion, catapulting its valuation to $965 billion and surpassing OpenAI's $852 billion…
Robinhood now lets AI agents trade stocks for you autonomously
AI agents like Claude can now trade stocks autonomously through Robinhood's new Agentic Accounts. The feature lets sophisticated AI systems…
SK Hynix joins the trillion-dollar club as AI chip demand explodes
South Korean memory chipmaker joins TSMC and Samsung in the trillion-dollar club after shares skyrocketed over 1,000% in 12 months.…
Uber’s €11.5B bid for Delivery Hero rejected – what this means for UAE food delivery
Uber may raise its rejected €11.5 billion takeover offer for Delivery Hero after a major shareholder demanded more. A higher…
Nvidia’s data center revenue jumped 92% as AI infrastructure demand explodes
Chip giant beats analyst estimates with $58.3 billion profit, up 211% year-over-year. Data center sales hit $75.2 billion as companies…
Musk’s SpaceX goes public: $18.7B revenue, massive losses revealed
Musk's rocket company reveals $18.7bn revenue but $4.9bn losses in IPO filing. SpaceX maintains dual-class structure giving Elon 85% voting…
Dubai’s Cercli turns AI hiring into the wedge for a fuller HR stack
Cercli adds Cera to its HR and payroll stack after $12m raised; the wedge is recruitment, not admin.
Ford’s new energy subsidiary sparks 25% stock surge
Ford's new energy subsidiary targets AI data centers with battery storage solutions, sending stock soaring 25% in two days. The…
Forget Qualcomm and MediaTek — Apple Will Own Agentic AI Phones by 2027
Apple hasn't shipped a dedicated agentic AI phone. By 2027, Counterpoint says it'll own 52% of the market anyway.
UAE businesses hit by more cyberattacks than regional average but lead in Zero Trust maturity
UAE leads Middle East in Zero Trust adoption at 80%, but basic security gaps persist—over 43% lack proper identity management…
Anthropic targets SMEs with Claude for Small Business bundle
Anthropic overtakes OpenAI in business adoption for the first time, capturing 34.4% market share with its new SME-focused AI bundle.…
ADCB unveils AI-powered mobile banking app with investment trading
ADCB's new mobile app lets customers trade stocks and crypto using natural voice commands through an AI assistant. The conversational…