Topic: joint venture
-
The Hidden Money Loop in AI's Biggest Deals
SoftBank and OpenAI have launched Crystal Intelligence, a joint venture to sell enterprise AI tools in Japan, raising questions about the partnership's structure. The collaboration is under scrutiny due to SoftBank's dual role as partner and investor, with concerns it may recycle capital rather t...
Read More » -
Dubai's Aither: AI Partnership by Dubai Holding and Palantir
Dubai Holding and Palantir Technologies have launched a joint venture called Aither to scale proven AI capabilities across the UAE, supporting digital transformation in both government and private sectors. The partnership builds on an 18-month collaboration that has already enhanced efficiency an...
Read More » -
Dubai Holding, Palantir Launch Aither to Drive AI Transformation
Dubai Holding and Palantir Technologies have launched Aither, a joint venture to accelerate AI adoption in the UAE by combining Palantir's AI platforms with Dubai Holding's regional expertise. Aither builds on an 18-month collaboration that has already improved efficiency and decision-making in s...
Read More » -
Trump Inks $14B TikTok Deal in Executive Order
President Trump endorsed a deal allowing TikTok to continue U.S. operations by creating a new, U.S.-controlled joint venture, temporarily suspending a ban for 120 days to finalize the transaction. The agreement ensures TikTok's U.S. operations are majority-owned and controlled by American entitie...
Read More » -
ByteBridge, Naizak Partner on AI-Driven Data Centers in Saudi Arabia
ByteBridge and Naizak have formed a joint venture to develop hyperscale and AI-driven data centers in the Middle East, aiding international market entry and enhancing regional connectivity. The partnership combines Naizak's local expertise with ByteBridge's global experience to advance AI infrast...
Read More » -
LG Founder's Grandson Partners with AI Firm to Revolutionize Filmmaking
Utopai East, a joint venture between Stock Farm Road and Utopai Studios, is developing specialized infrastructure to support AI-driven film and television production, addressing the significant energy and data demands of these technologies. The partnership aims to use AI initially for cost reduct...
Read More » -
NextEra & ServiceNow Partner for Middle East Digital Transformation
NextEra and ServiceNow have formed a strategic alliance to accelerate digital transformation in Saudi Arabia and the MENA region by combining AI-driven workflows with regional expertise. The partnership includes establishing a proximity center and a Centre of Excellence to train the local workfor...
Read More » -
Rivian Develops Its Own AI Assistant for Vehicles
Rivian has independently developed a proprietary AI assistant for its vehicles, targeting a consumer launch by year-end, with more details to be revealed at its December AI & Autonomy Day. The assistant is designed for deep vehicle integration using a flexible, model-agnostic architecture and a h...
Read More » -
Trump Approves $14B TikTok Deal, Cedes 80% to US Investors
President Trump approved a $14 billion deal transferring 80% ownership of TikTok's U.S. operations to American investors, addressing national security concerns and ensuring the app's future in the country. The agreement reduces Chinese parent company ByteDance's stake to 19.9% and includes safegu...
Read More »