Author: Arabian Media staff

Artificial intelligence is moving quickly into drug discovery as pharmaceutical and biotech companies look for ways to cut years off R&D timelines and increase the chances of success amid rising cost. More than 200 startups are now competing to weave AI directly into research workflows, attracting growing interest from investors. Converge Bio is the latest company to ride that shift, securing new capital as competition in the AI-driven drug discovery space heats up. The Boston- and Tel Aviv–based startup, which helps pharma and biotech companies develop drugs faster using generative AI trained on molecular data, has raised a $25 million…

When Justin Kim, co-founder and CEO of Hupo, first launched his company about four years ago, it wasn’t selling AI-powered sales coaching to banks, finance services, or insurance companies. The company originally began as Ami, a mental wellness platform focused on how people manage pressure, form habits, and change behavior over time. “I’ve always been a big sports fan – basketball, football, Formula One, MMA – and what draws me to all of them is performance. In my free time, I’ve spent a lot of time thinking about what actually drives human performance. People are very different, but across sports,…

With AI igniting an investor frenzy, every month, more startups obtain unicorn status.  Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns so far this year. While most are AI-related, a surprising number are focused in other industries like satellite space companies Loft Orbital and blockchain-based trading site Kalshi.    This list will be updated throughout the year, so check back and see the latest powerhouse startups that are now worth over $1 billion.  December    Heven Aerotech —$1 billion: This startup, founded in 2019, is creating hydrogen powered drones. It last raised a $100 million Series B, and…

OpenAI announced it has acquired a tiny startup called Torch for an undisclosed sum. An unnamed sourced told the Information that OpenAI paid $100 million worth of equity for the startup. Torch’s four-person team is joining OpenAI, both companies said. Torch was working on an app that combined all of a person’s medical information for AI use from a range sources such as doctor visits, lab tests, wearables and other portals, including consumer wellness tests and the like. The Torch team called their tech “a medical memory for AI, unifying scattered records into a context engine.” The Torch team met…

Big rewards will require taking big risks Source link

Companies have been hit by a wave of chatbot-generated applications Source link

After five years of building an edtech company, Nathan Nwachuku, 22, realized that Africa was at a crossroads. The continent is undergoing rapid industrialization, he told TechCrunch. There is money, opportunity, and a young, driven population. He figured, soon enough, the continent was on the “edge of an industrial revolution.”  “At the same time,” he said, he felt the continent still struggled to address what was one of its biggest Achilles heels. “Terrorism and insecurity.” Africa has more terror-related deaths than any region in the world, and it is this problem that could slow down — or even stop completely…

The nuclear industry is in the mist of a renaissance. Old plants are being refurbished, and investors are showering startups with cash. In the last several weeks of 2025 alone, nuclear startups raised $1.1 billion, largely on investor optimism that smaller nuclear reactors will succeed where the broader industry has recently stumbled. Traditional nuclear reactors are massive pieces of infrastructure. The newest reactors built in the U.S. — Vogtle 3 and 4 in Georgia — contain tens of thousands of tons of concrete, are powered by fuel assemblies 14 feet tall, and generate over 1 gigawatt of electricity each. But…

Dubai, UAE — BitHash, a Dubai-headquartered blockchain infrastructure company, has announced a significant expansion of its global mining operations, unveiling new high-capacity facilities across the United Arab Emirates, the United States, and Canada. The move reflects growing institutional demand for scalable, energy-efficient, and compliant blockchain infrastructure. Led by Founder and Chief Executive Officer Abdulaziz Osman, BitHash stated that the expansion strengthens its position as a vertically integrated infrastructure provider at a time when institutional participation in digital assets continues to accelerate. Expansion Across Key Markets In the United Arab Emirates, BitHash has commissioned multiple new mining sites with a combined…

The Federal Communications Commission announced Friday that it has given SpaceX approval to launch another 7,500 of its second generation Starlink satellites, for a total of 15,000 satellites worldwide. Beyond simply allowing SpaceX to launch more satellites and expand its high-speed internet coverage, the FCC says its decision also means Starlink satellites can operate across five frequencies and to provide direct-to-cell connectivity outside the United States, along with supplemental coverage in the U.S. Reuters reports that SpaceX had requested approval for an additional 15,000 satellites, but the FCC said it would “defer authorization of the remaining 14,988 proposed Gen2 Starlink…