Abu Dhabi-based technology investment powerhouse MGX has officially closed its inaugural vehicle, MGX Fund I, at an unprecedented $49 billion in total commitments. Backed by Abu Dhabi’s sovereign wealth fund Mubadala Investment Company and the prominent AI and cloud computing group G42, the two-year-old private investment firm significantly surpassed its…

In one of the most substantial privacy updates since its inception, WhatsApp has officially announced the rollout of a username reservation system, allowing its global user base of over three billion people to chat without ever disclosing their personal phone numbers. The Meta-owned messaging giant confirmed that users can now…

San Francisco-based artificial intelligence pioneer Anthropic has leveled extraordinary intellectual property theft allegations against Chinese technology conglomerate Alibaba. In an official letter dated June 10, 2026, addressed to US Senators Tim Scott and Elizabeth Warren, Anthropic revealed that it uncovered a massive, highly coordinated campaign designed to illicitly extract core…

In a strategic move to institutionalize a culture of rapid execution and high-impact results, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, has officially launched the “Dubai-it Award.” The new annual initiative is explicitly designed to recognize…

Chinese electronics and technology giant Xiaomi has officially open-sourced MiMo Code V0.1.0, a terminal-native artificial intelligence coding assistant specifically engineered to manage large, long-running software pipelines. Unlike basic code-completion plugins that operate passively within a traditional text editor, this command-line tool runs natively in the terminal. This allows the AI…

At the 49th Annual General Meeting of Reliance Industries, billionaire Mukesh Ambani laid out a highly ambitious, disruptive roadmap designed to weave artificial intelligence into the daily lives of over 500 million telecom users. Declaring that India must transcend being a mere consumer of foreign technology, Ambani positioned his conglomerate…

The United Arab Emirates Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, has officially passed a landmark resolution prohibiting children under the age of 15 from creating or using personal accounts on social media platforms. By enacting this historic legislation, the UAE becomes the very first Arab…

Elon Musk’s SpaceX has officially agreed to acquire Anysphere, the trailblazing software startup behind the wildly popular AI-powered coding assistant Cursor, in a blockbuster all-stock transaction valued at $60 billion. According to reports from Reuters, the strategic acquisition is explicitly designed to supercharge SpaceX’s footprint in the highly lucrative enterprise…

The role of the Chief AI Officer (CAIO) is rapidly transforming into one of the most powerful and influential seats in Middle East boardrooms. As enterprises across the region race to integrate artificial intelligence deep into their core operational structures, companies are moving past temporary tech trends to solidify formal,…

In an unprecedented regulatory escalation, artificial intelligence pioneer Anthropic has announced that it is completely disabling customer access to its state-of-the-art Fable 5 and Mythos 5 models. The company’s swift, global shutdown comes in direct response to a sudden export control directive issued by the U.S. Department of Commerce. Citing…