Author: Arabian Media staff
Is Target’s new policy bonkers, businesslike or a bit of both? Source link
The Taiwanese chipmaking giant has been burned by previous investment booms Source link
Los Angeles-based electric truck startup Harbinger has raised $160 million in a Series C funding round co-led by FedEx, as it scales up production of its commercial vehicle program. As part of the investment, FedEx has ordered 53 of Harbinger’s electric truck chassis, which the startup says will be ready by the end of this year. Founded in 2022 by former employees of now-defunct EV startup Canoo and battery company QuantumScape, Harbinger set out to build medium-duty, commercial truck chassis — and basically nothing else. That focus on keeping things simple helped the company raise a $100 million Series B…
Companies from Google and Meta to OpenAI are getting sued for defamation Source link
Developer AI coding tool Cursor continues to gobble up venture capital as its valuation keeps climbing. On Thursday, Cursor announced a $2.3 billion funding round that valued the company at $29.3 billion, as originally reported by the Wall Street Journal. This round more than doubles the company’s previous valuation of $9.9 billion, which it achieved in its $900 million Series C round in June. This most recent fundraise was led by co-led by Accel, an existing investor, and Coatue, which is new to the cap table. Strategic investors including Nvidia (an enterprise customer) and Google (an AI model supplier) also…
Image: Supplied UiPath, a global firm involved in agentic automation, hosted its flagship event FUSION in Dubai on November 6, bringing together senior executives, AI specialists, customers, and partners for a full day of presentations, hands-on sessions, and live demonstrations showcasing agentic automation in practice. Part of a global roadshow that debuted in Las Vegas this September, FUSION Dubai featured a UAE-focused agenda highlighting how leading organisations — including Dubai Police, Etihad Airways, RAKBANK, DP World GCC and e& UAE — are leveraging the UiPath Platform to increase efficiency, boost productivity, and transform business operations through AI agents, robots, and…
H.E. Ahmed Al Khateeb, Minister of Tourism of Saudi Arabia and Chairman of TOURISE/Image: Supplied The inaugural TOURISE Summit was officially opened by H.E. Ahmed Al Khateeb, Minister of Tourism of Saudi Arabia and Chairman of TOURISE, marking a bold new chapter for global tourism. With an ambition to rewrite the rules of travel, TOURISE brings together ministers, delegates, and visionaries from around the world, establishing itself as the premier platform dedicated to shaping the future of the global tourism industry. Taking place from November 11–13, 2025, immediately following the 50th United Nations Tourism General Assembly, TOURISE is reimagining how…
GenAI has become a key part of coding workflows, but most companies struggle to track its use, let alone its return on investment. Israeli startup Milestone hopes to help with a platform designed to correlate AI tool usage with engineering metrics, including code quality. The catch is that these companies have to give Milestone access to their codebases, a bet that investors initially questioned, CEO and co-founder Liad Elidan told TechCrunch. But with customers including Kayak, Monday, and Sapiens, the startup has now raised a $10 million seed funding round led by San Francisco-based venture firm Heavybit and Israeli fund…
Image credit: WAM/Website Etihad Airways has launched direct flights from Abu Dhabi to Madinah this week, expanding its strong presence in the Kingdom of Saudi Arabia and reinforcing its position as a major facilitator of regional and international travel. The new service enhances travel options for religious, business, and leisure travellers, underscoring the airline’s commitment to key strategic markets. The direct service reconnects Abu Dhabi with Madinah, one of the world’s most spiritually significant cities and a central destination for religious tourism. The route will support rising demand from global pilgrims and travellers seeking seamless connections to the kingdom’s holy…
Image: Supplied As Dubai’s entertainment landscape continues to evolve at breakneck speed, few entities have been as pivotal in shaping its narrative as Dubai Holding Entertainment (DHE). From the record-breaking success of Global Village to the debut of Real Madrid World and the award-winning experiences at The Green Planet, the group has cemented its position at the heart of the city’s leisure and tourism ecosystem. Under its stewardship, destinations across Dubai are not just attracting millions of visitors, but also redefining what integrated, story-driven entertainment looks like in the region. In this conversation, Fernando Eiroa – CEO, Dubai Holding Entertainment…