Tabby, a fintech startup operating in the Middle East, enables its users to manage their spending with a buy now, pay later model. Supporting more than 40.000 brands and sellers in both physical and online locations, the platform reaches 15 million people.

With approximately $12 billion in assets under management, Founders Fund is preparing to launch a new fund to support growth-stage startups. The Silicon Valley-based VC firm’s portfolio includes companies such as Airbnb, Facebook, Neuralink, Spotify, Figma, DeepMind, and OpenAI.

The EU AI Champions Initiative has signed up 60 startups, including France's Mistral AI, to make Europe a leader in AI. The initiative, led by General Catalyst, aims to invest €150 billion in AI in Europe over 5 years.

Founded by former Google engineers, Groq develops AI chips called LPUs that accelerate inference performance for AI workloads. Previously backed by Aramco Digital, the startup will use the investment to expand its data center in Dammam.

San Francisco-based mobility and ride-hailing app Lyft plans to launch a fully autonomous robot taxi service by 2026. The startup will first start its service in Dallas, US and will expand to other markets over time.

French President Emmanuel Macron announced a €109 billion investment to develop domestic artificial intelligence infrastructure just weeks after the United States unveiled its $500 billion project, Stargate.

OpenAI Co-Founder Ilya Sutskever is seeking funding for SSI, the company he founded to develop superintelligent AI systems at a $20 billion valuation. The startup, which last raised $1 billion in September last year, has quadrupled its valuation in just six months.

Justin Hotard, currently vice president of the artificial intelligence and data center group at Intel, will become CEO of Nokia on April 1. Former CEO Pekka Lundmark will advise Hotard until the end of the year.

Elon Musk recently stated during an online event that he is not interested in buying TikTok. Following Trump’s remarks, Musk was listed among potential buyers, but he emphasized that acquiring companies is unusual for him and prefers to build from scratch.

Competing directly with OpenAI, Anthropic has attracted strong investor interest in its funding round, which aims to raise $2 billion. The company, which is preparing to increase its valuation beyond $60 billion, may soon add General Catalyst and MGX to its list of investors.

Meta has announced PARTNR, a study examining human interaction with robots guided by large language models. The research focuses on how humans and robots collaborate on household tasks such as cleaning, cooking, and receiving food deliveries.

The United Arab Emirates (UAE) will invest between €30 and €50 billion to establish a new 1 gigawatt AI data center in France. Strategic cooperation between the two countries will also include projects supporting the development of AI.

Amazon has set aside a budget of approximately $100 billion for AI research under its cloud computing subsidiary, AWS. The tech giant, which develops products for both end users and developers, spent $78 billion last year.

Former OpenAI CTO Mira Murati is rumored to have hired former OpenAI co-founder John Schulman for her self-founded AI startup, the details of which are being kept secret. Schulman joined Anthropic last August but left after 5 months.

Paris-based VC Emblem has realized the final close of its first fund of €80 million. With the fund, the VC plans to invest between €500.000 and €3 million in approximately 30 startups in the seed round.

Munich-based Avelios helps hospitals digitize their workflows with a data-driven approach. Focused on improving the quality of healthcare services, the startup plans to intensify its R&D efforts and expand into new markets with the fresh funding from its Series A round.

According to sources close to the matter, OpenAI CEO Sam Altman is set to fly to the United Arab Emirates to hold investment talks with Abu Dhabi-based VC firm MGX. MGX had participated in OpenAI’s $6.6 billion funding round announced in October.

SoftBank may buy Ampere, the chip company founded by former Intel executive Renee James, for $6.5 billion. Ampere, which makes chips for data centers from low-energy ARM designs, is said to have been looking for a buyer since September 2024.

Enterprise software provider Workday is cutting 1,750 employees, reducing its workforce by 8.5%, to invest in priority areas such as artificial intelligence. In addition to cost-cutting measures, the company will also close some of its offices in certain regions.

China's antitrust regulator is preparing to launch an investigation into Apple over its App Store policies. The country, which also opened an investigation into Google this week, will investigate the App Store's 30% commission on in-app purchases.