Arabia Tomorrow

Live News

Category: Startups & VC

Arabia TomorrowBlogStartups & VC
Startups & VC

First Horizon Completes Redemption of Series C Preferred Stock, Depositary Shares

First Horizon Corporation's strategic decision to redeem all outstanding shares of its 6.600% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock,...

Startups & VC

Sequoia Capital Appoints Veteran Executive Leone as Chairman, Outlines New Leadership Vision

Sequoia Capital appointsveteran financier Richard Leone as its new Chairman, a strategic move signaling the firm's deepening commitment...

Startups & VC

Salesforce Rolls Out AI-Fueled Slack Overhaul With 30 New Features

The strategic repositioning of Salesforce’s Slack platform, underscored by the unveiling of a suite of AI-powered features at...

Startups & VC

Acclaim Seizes $40Million Series A

Acclaim, a Miami‑based developer of a voice‑first AI customer experience platform tailored for regulated sectors, has secured $40 million...

Startups & VC

OpenAI Fuels Valuation Debate Amidst 2021 IPO Struggles

AI Advancements and the Emerging Tech Landscape in MENA: A Shift in Investment Dynamics The recent fundraising struggles...

Startups & VC

Toyota’s Woven Capital Elevates Leadership with Appointments Aimed at Defining Mobility’s Future

Toyota Motor Corporation’s restructuring of its corporate venture arm, Woven Capital, signals a broader recalibration in how global...

Startups & VC

WHOOP CEO Will Ahmed Talks $575M Funding Round

The MENA region's accelerating investment climate presents pivotal opportunities for sovereign entities and private capital alike. Strategic sovereign...

Startups & VC

Mercor Cyberattack Tied to Compromised LiteLLM Open-Source Project

A recent security incident targeting the AI recruiting platform Mercor underscores the growing vulnerabilities within the burgeoning Middle...

Startups & VC

OpenAI Secures Historic $122 Billion Funding Round, Setting New Bar for Silicon Valley Innovation

The Middle East and North Africa stand poised to amplify their competitive positioning amid escalating capital flows. OpenAI’s...

Startups & VC

DeepSeek Chatbot Enters Extended Silence for Over 10 Hours

The recent, prolonged outage of DeepSeek’s AI chatbot serves as a stark systems reminder for the Middle East...