Investment

POET Technologies will exhibit at CIOE in Shenzhen and present on high-power laser light sources for AI interconnects at IFOC on 8 September.

The $1.6bn-valued platform is now Grok's first end-to-end business connector, letting users create and manage companies via natural-language prompts.

The Saudi PIF-backed AI company has launched a 428-billion-parameter Arabic LLM in research preview, with open-weight release targeted for next month.

EcoHash Technology has activated its first GPU servers at Cango's 50MW Georgia site, marking the start of commercial AI compute services.

Quantinuum and Saudi Aramco have signed a non-binding MOU to identify industrial quantum computing applications within the energy sector.

Reward has hired former Mars Petcare global data chief Matthew Keylock as CDAO to accelerate personalisation and transaction intelligence.

CUBE has expanded its RegPlatform with three AI agents designed to cut regulatory noise and automate compliance workflows for financial services firms.

OpenMatter Network has expanded its cryptographic platform with three new capabilities for secure AI deployment and privacy-preserving data collaboration.

Reitar subsidiary Jingxing HK has begun delivering automated warehouse systems in Spain and the Netherlands for Cainiao, while a US$30m North American cold-storage

The go-to-market agreement gives Classiq's hardware-agnostic platform access to Taiwan's semiconductor, research and academic communities via Scientek's distribution

Soitec has upgraded its Q2'27 revenue growth forecast to around 50% year-on-year as Photonics-SOI demand accelerates sharply.

Tata Consultancy Services will acquire Porsche's MHP consulting subsidiary and build a dedicated AI mobility centre of excellence for the carmaker.

Saudi Arabia's HUMAIN will host Reflection AI's open-weight models on Kingdom infrastructure, with compute offtake and customisation deals also under exploration.

The collaboration, formalised at LEAP 2026, targets government and enterprise AI factory deployments aligned with Saudi data-residency rules.

The device intelligence vendor reached $50m ARR after nearly 200% revenue growth in two years, now serving more than 6,000 organisations across 56 countries.

HPE, Intel and Saudi Arabia's MCIT have unveiled a joint programme to build locally developed AI solutions in support of Vision 2030.

WIOCC Group has signed a $300m shareholder agreement with AFC and Vision Invest to accelerate data centre, fibre and subsea expansion across Africa.

AI SPERA's Criminal IP platform will reach Middle East and Africa markets through Dubai-based distributor Reconn, targeting SOC teams and MSSPs.

Kratos Defense has secured a $20m-plus contract to supply truck-mounted satellite communication gateways to an undisclosed Asian defence customer.

Maase subsidiary Huarong Future will supply 90P-class FP16 compute capacity to Guangzhou Chuangyan under a 12-month, RMB1.23m-per-month agreement.