artificial intelligence

Porsche will fully divest its equity stakes in Bugatti Rimac and Rimac Group to the HOF Capital-led consortium. This includes BlueFive Capital as its largest investor, as well as a group of institutional investors across the US and EU.

Schneider Electric, a global energy technology leader, today announced that the second edition of the Innovation Summit Middle East

Yozo.ai, a UAE-based startup founded in early 2025, has raised $1.7 million in pre-seed funding to build an AI-native Revenue Engine that automates the work traditionally done by e-commerce growth and retention teams. In just three months…

Orion Consumer Finance (algo), a partnership between Talaat Moustafa Group (TMG) and AUR Leasing and Factoring, announced

Vertex Technologies participated as an official sponsor of the job fair organized by the Ministry of Communications and Information Technology

In response to the critical challenges facing fast-growing startups, “Bosta” – the pioneering force in tech-enabled logistics services delivering products and goods for thousands of online stores across Egypt – and Jadarat platform – a…

Raya Information Technology, a subsidiary of Raya Holding for Financial Investments, has announced its participation in the 29th edition of Cairo ICT 2025, scheduled to take place from November 16–19 at the Egypt International Exhibition…

Intella, the market leader in dialectal Arabic speech intelligence, today announced it has closed $12.5 million in an oversubscribed Series A round led by Prosus, with participation from 500 Global, Wa’ed Ventures, Hala Ventures, Idrisi…

As artificial intelligence continues to reshape industries and institutions worldwide, FollowICT’s Digital Economy platform presents a weekly roundup of the most consequential developments in AI. From billion-dollar valuations to…

As artificial intelligence continues to reshape industries at breakneck speed, FollowICT presents a weekly roundup of the most consequential developments in the AI landscape—from corporate shakeups to geopolitical tensions. OpenAI’s…