Beirut, 21 May 2026 – Artificial intelligence is reshaping economies and labour markets across the Arab region, presenting both opportunities and risks for millions of workers. A new report by the United Nations Economic and Social Commission for Western Asia (ESCWA) and the International Labour Organization (ILO) warns that proactive and inclusive policy measures are […]
IOM and Republic of Korea Launch Global AI Hub for Human-Centred Innovation
Geneva/Seoul, 21 May 2026 – The International Organization for Migration (IOM) has joined the Government of the Republic of Korea and United Nations partners to launch a new Global AI Hub in Seoul, reaffirming its commitment to advancing responsible and human-centred artificial intelligence under the shared vision, “AI for All, AI to Solve Global Challenges.” […]
Governing Artificial Intelligence: Jamaica’s Voice in the Digital Age
Artificial intelligence is advancing rapidly, reshaping education, governance, and disaster response, and Jamaica is ensuring its voice is heard in this global debate. Under the guidance of the UN and the Global Digital Compact, Jamaica is positioning itself as a leader among Small Island Developing States in ethical AI governance. The country has already taken […]
Foundation Devices Expands Into AI Authorization Infrastructure
Foundation Devices, the Boston-based company behind the Passport Bitcoin hardware wallet, has raised $6.4 million to enter the emerging field of AI authorization infrastructure. This strategic move positions the company at the intersection of cryptocurrency security and artificial intelligence governance, addressing the growing need for regulated operations as AI agents begin to manage financial transactions […]
Amazon’s $5B Anthropic Deal Redefines Cloud AI Economics
Amazon’s latest $5 billion investment in Anthropic marks a turning point in cloud AI economics, setting a new benchmark for generative AI partnerships. Analysts describe it as the largest single cloud collaboration to date, expanding the companies’ existing research alliance and reshaping how compute power and capital intertwine in the AI sector. The deal includes […]
Doozy Robotics Announces Global Expansion Ahead of Series A
Singapore-based Doozy Robotics, a Physical AI humanoid company, has announced a coordinated global expansion across the United States, GCC, and Asia. This milestone marks the next phase of growth for the startup as it prepares for a planned Series A round. Backed by Cocoon Capital, Doozy has already demonstrated strong commercial traction with paying customers […]
Japan’s DIC Corporation Launches Zurich-Based Fund for Physical AI Startups
DIC Corporation has unveiled DIC Ventures One, a new Zurich-based venture capital fund dedicated to investing in physical AI startups. This move highlights Japan’s deepening interest in next-generation artificial intelligence technologies that merge software intelligence with real-world industrial systems. The fund will focus on startups developing robotics, autonomous systems, smart materials, and industrial AI applications. […]
Google I/O: Gemini Voice AI Integrated Into Gmail and Doc
Google has announced the launch of Docs Live, a new feature designed to integrate its Gemini smart voice assistant more deeply into productivity applications such as Gmail, Google Docs, and Google Keep. The tool allows users to interact with documents, emails, and notes through voice commands, enabling text generation, summarization, paraphrasing, and brainstorming without manual […]
NVIDIA Blows Past Wall Street with Record $81.6B Q1 FY27 Revenue
NVIDIA has reported record-breaking results for the first quarter of fiscal 2027, ending April 26, 2026, with revenue reaching $81.6 billion. This marks a ~20% sequential increase from the previous quarter and an ~85% year-over-year surge, significantly surpassing Wall Street expectations. The company’s Data Center segment was the primary driver, contributing $75.2 billion, reflecting explosive […]
HCLTech Leads $300M Round for Sarvam AI at $1.5B Valuation
HCLTech is reportedly preparing to lead a major funding round in Bengaluru-based AI startup Sarvam AI, signaling a significant shift in India’s IT sector as traditional technology services firms deepen their exposure to artificial intelligence. The round could see HCLTech invest nearly $150 million, valuing Sarvam AI at around $1.5 billion, with NVIDIA among the […]
Seoul Unveils $665.5 Million Jumbo Fund for Industrial AI Transition
South Korea has announced the creation of a major industrial growth fund with an anchor investment of at least 1 trillion won (US$665.5 million) to drive industrial growth and accelerate the AI transformation of the manufacturing sector. The initiative, unveiled by the Ministry of Trade, Industry and Resources, will support key government priorities including the […]
EU Selects EQT to Manage €5B Scaleup Europe Fund for AI and Tech
The European Commission has announced that EQT has been selected as the preferred investment adviser and fund manager for the new €5 billion Scaleup Europe Fund. This initiative, the largest of its kind in Europe, is a central pillar of the EU Startup and Scaleup Strategy and is designed to provide late-stage growth capital for […]
Vireo Ventures Leads €1.7M Pre-Seed for Cleantech Startup Invertix
Invertix, a German cleantech startup based in Munich, has raised €1.7 million in pre-seed funding led by Vireo Ventures, with participation from the Italian Founders Fund and angel investors specializing in energy and AI. Founded in 2026 by Joseph Perrotta and Kaan Durmaz, the company develops AI systems that integrate with existing renewable energy software […]
Moment Secures $78M Series C for Wealth Management AI OS
Moment has announced a $75 million Series C round led by Index Ventures, less than a year after raising $36 million in its Series B. The funding comes as the company advances adoption of its AI-driven platform, which integrates trading, portfolio management, and compliance into a single operating system. Index partner Jan Hammer emphasized that […]
Feds Inject $6.8 Million into Alberta AI Sector at Upper Bound
The Government of Canada has announced $6.8 million in funding through the Regional Artificial Intelligence Initiative (RAII) to support five projects in Alberta. The announcement was made by Minister Eleanor Olszewski of Prairies Economic Development Canada during the Upper Bound AI conference in Edmonton. The funding is intended to strengthen Canada’s leadership in artificial intelligence, […]
Global Millennial Capital Closes $100M IPO Opportunities Fund
Global Millennial Capital Ltd. (GMCL) has announced the final close of its inaugural IPO Opportunities Fund at USD 100 million, raised through private placement with institutional and professional investors. The fund targets late-stage and special opportunities investments in mid-cap technology companies across high-growth sectors such as artificial intelligence, decentralized finance infrastructure, cybersecurity, digital infrastructure, enterprise […]
PrairiesCan Announces $6.8M for Alberta AI at Upper Bound
The Government of Canada has announced $6.8 million in funding to support five Alberta-based organizations in improving productivity and commercializing artificial intelligence. The announcement was made by Minister Eleanor Olszewski of Prairies Economic Development Canada during the opening of Edmonton’s Upper Bound conference, which has grown into Canada’s fastest-growing AI event in just five years. […]
Viktor AI Secures $75M from Accel for Slack & Teams Agent
Workplace automation startup Viktor has raised $75 million in a Series A round, marking the largest ever for a Polish-founded company. The round was led by Accel, with participation from Bek Ventures, Kaya VC, Inovo VC, and Tenacity Capital, alongside angel investors including Slack co-founders Stewart Butterfield and Cal Henderson, and executives from DeepMind, Figma, […]
Google and Blackstone Launch $5B Joint Venture for AI Data Centers
Google is accelerating its global expansion in artificial intelligence by building and developing hyper-scale data centers across multiple regions. This move is designed to strengthen its computing infrastructure, enabling the company to train and operate modern AI systems more effectively while meeting the rising demand for advanced digital services. The expansion reflects a broader trend […]
Anthropic and Gates Foundation Launch $200M AI Public Good Pact
Artificial intelligence is advancing rapidly, but access to its most powerful tools remains uneven, with billions of people still excluded. Many frontline workers in health, education, and agriculture lack AI solutions tailored to their contexts, while resources remain concentrated among wealthier institutions. Closing this gap requires designing AI with equity at its core, directing resources […]

