Author: Arabian Media staff
Image: Supplied Samsung Electronics on Wednesday launched the Galaxy XR, a new category of AI-native extended reality (XR) devices developed in partnership with Google and Qualcomm Technologies. The headset is the first product built on the Android XR platform, designed to integrate multimodal AI and deliver immersive experiences across discovery, play, and work. “With Galaxy XR, Samsung is introducing a brand-new ecosystem of mobile devices,” said Won-Joon Choi, COO of Samsung’s Mobile eXperience Business. “Built on Android XR, Galaxy XR expands the vision for mobile AI into a new frontier of immersive and meaningful possibilities, allowing XR to move from…
Image: Getty Images/ For illustrative purposes The Middle East and North Africa’s hospitality market is set to surge from $310bn in 2025 to over $487bn by 2032, driven by record tourism growth and a development pipeline unmatched in the region’s history, according to new data released ahead of the Future Hospitality Summit (FHS) World 2025, taking place in Dubai from October 27–29. The World Travel and Tourism Council (WTTC) projects that travel and tourism will contribute $367bn to the Middle East’s economy in 2025, supporting 7.7 million jobs. International visitor spending is forecast to hit $194bn, nearly a quarter higher…
Image credit: WAM/Website In a strategic move to accelerate hospitality sector growth, the Dubai Department of Economy and Tourism (DET) has launched an ambitious hotel investor incentive programme aimed at boosting development in the city’s emerging tourism corridors. This landmark initiative comes in the wake of Executive Council Resolution No. (68) of 2025, issued by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai. Read more-Staycations are becoming more popular in Dubai – here’s why Under the newly introduced policy, investors in hotel…
L to R: John Giamatteo, CEO, BlackBerry, and Mohamed Helmy, general manager/Image: Supplied BlackBerry’s journey from a pioneering mobile device manufacturer to a leader in secure communications and embedded software has been one of the most significant transformations in the tech industry. Under the leadership of chief executive officer John Giamatteo, the company has undergone a strategic reinvention that has reshaped its business model and positioned it for sustainable growth. “When we pivoted from the device business into the software and services business, we got into a lot of different areas,” Giamatteo explained. “Over the past two years, we really…
Image: Supplied Amazon on Tuesday announced the expansion of its fastest delivery service yet, Amazon Now, offering deliveries of everyday essentials in as little as 15 minutes across the UAE as it builds more micro-fulfilment centres to bring products closer to customers. The new service, now available to all Amazon.ae customers, will deliver a range of items including groceries, fresh produce, electronics, and personal care products, while Prime members receive free delivery on orders above Dhs 25. The company said some customers in select areas have already received deliveries in under six minutes. “We are continuing to take convenience to…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Modern businesses scale faster and smarter by leveraging lean teams, clarity and systems instead of relying on big budgets or large headcounts. Building a strong brand culture and treating content as core infrastructure drives growth, trust and customer connection in today’s market. The most powerful businesses today aren’t born in boardrooms. They’re built in browser tabs, basements and DMs — by small teams (and often solo founders) who lead with clarity, cultural connection and systems that scale. Whether you’re launching a SaaS company, selling physical products, offering creative services or…
LangChain raised $125 million at a $1.25 billion valuation, the company announced on Monday. TechCrunch reported in July that the provider of a popular open source framework for building AI agents was raising fresh funds at a valuation of at least $1 billion. The deal was led by IVP, as we previously reported. New investors CapitalG and Sapphire Ventures joined in, as did existing investors Sequoia, Benchmark, and Amplify. LangChain began in 2022 as an open source project founded by machine learning engineer Harrison Chase. The startup was an early darling of the AI era, solving problems that made building…
Sesame, a conversational AI startup and smart glasses maker, has raised a $250 million Series B round and is opening up its beta to a select group of testers, the company announced Tuesday. The startup, headed by former Oculus co-founder and CEO Brendan Iribe and Ankit Kumar, former CTO of AR startup Ubiquity6, is working to create a personal AI agent that interacts with users using a natural-sounding human voice. The company plans to embed the personal AI agent into lightweight eyewear that is designed to be worn throughout the day and which users can interact with via voice. The…
Facebook co-founder Dustin Moskovitz was the CEO of workplace productivity platform Asana for 15 years. Source link
Fal.ai, a startup that hosts image, video, and audio AI models for developers, has closed a new round valuing the company at over $4 billion, four people familiar with the deal said. The company raised approximately $250 million, two of the people said. Major investors in the round are Kleiner Perkins and Sequoia, according to our sources. Fal didn’t respond to a request for comment. Sequoia and Kleiner Perkins declined to comment. The new round is coming less than three months after Fal announced a $125 million Series C at a $1.5 billion valuation led by Meritech. At that time,…