Sindhu Kashyap

Nov 3, 2024 | edgemiddleeast.com | Sindhu Kashyap

Saudi agritech startup Nabt has raised SAR 5.63 million ($1.5 million) in a seed funding round led by Merak Capital, a prominent technology-focused investment firm, with additional support from angel investors. The funding round, which closed in Q3 2024, will enable Nabt to accelerate its product development initiatives and scale its market presence, underscoring efforts to modernise Saudi Arabia’s fresh produce supply chain and contribute to the Kingdom’s food security goals.

Nov 3, 2024 | edgemiddleeast.com | Sindhu Kashyap

Warburg AI, an emerging UAE-based artificial intelligence company, has secured $250,000 in seed funding to fast-track the development of its AI-driven financial services platform. This funding round aims to enhance the company’s capabilities in providing advanced financial asset management tools powered by machine learning. Warburg AI, founded in Sharjah in September 2024, integrates algorithmic trading, real-time risk management, and asset optimisation.

Oct 31, 2024 | edgemiddleeast.com | Sindhu Kashyap

In its most substantial AI effort for the Middle East and North Africa (MENA), Google announced the AI Opportunity Initiative today, committing $15 million through its philanthropic arm, Google.org, to enhance AI skills, research, and digital infrastructure in the region. The initiative, designed to provide essential AI education, access to advanced AI products, and robust research funding, is set to run through 2027 and aims to ensure that the benefits of artificial intelligence reach everyone.

Oct 31, 2024 | edgemiddleeast.com | Sindhu Kashyap

Splunk, a global leader in cybersecurity and observability, has published its State of Observability 2024 report, developed in partnership with the Enterprise Strategy Group (ESG). This year’s study reveals a striking trend: organisations that excel in observability—comprehensive monitoring, detecting, and resolving IT issues in real-time—gain a significant edge in operational efficiency and customer satisfaction.

Oct 31, 2024 | edgemiddleeast.com | Sindhu Kashyap

A recent investigation by Kaspersky’s Global Research and Analysis Team (GReAT) has unveiled a global cyber campaign in which attackers leveraged Telegram to deliver Trojan spyware, aiming to compromise individuals and businesses in the fintech and trading sectors across Europe, Asia, Latin America, and the Middle East. The malware in question has been found to extract sensitive data, such as passwords, and take control of devices, allegedly for espionage purposes.