Topic: technology startups
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Dubai's in5 Startups Raise $2.45B, Celebrating 10 Years of Innovation
Startups from Dubai's in5 incubator have collectively raised AED 9 billion ($2.45 billion), marking a 14% increase since October 2024 and reinforcing Dubai's status as a global entrepreneurship hub. This funding milestone aligns with Dubai's Economic Agenda D33, aiming to double the economy in a ...
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Sri Lanka's Digital Economy Hits Rs. 1.3 Trillion, 4.5% of GDP
Sri Lanka's digital economy is valued at Rs. 1.3 trillion, accounting for 4.5% of GDP, driven by e-commerce and digital services reshaping consumer habits and global competitiveness. E-commerce leads this growth, contributing Rs. 735.2 billion to GDP, with projections of 10.8% annual growth and a...
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SoftBank, Nvidia in Talks to Triple Skild AI's Value to $14B
SoftBank and Nvidia are reportedly in advanced talks to lead a funding round exceeding $1 billion into Skild AI, which would value the robotics software startup at around $14 billion. Skild AI is developing a foundational, robot-agnostic software model called Skild Brain, designed to serve as a v...
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Helsing partners with Rakuten to enter Japan's defence market
Helsing, Europe's most heavily funded defense-AI startup, is field-testing its HX-2 strike drone with Japan's Ground Self-Defence Forces through September, partnering with Rakuten to navigate Japan's complex weapons procurement market. Japan's largest military build-up in decades and eased arms-e...
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