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Detailed stories on technology startups, business and economic current affairs.
Microsoft Azure, Amazon Web Services and Google Cloud Platform are in a race to go one-up in the generative AI market. It helps that demand is growing by leaps and bounds.

While a lot of the buzz to do with generative AI is around the burgeoning selection of AI-powered apps and services or search experiences to improve everyday productivity (aided by those tiring Twitter threads and LinkedIn posts that list those tools), the top hyperscalers are looking at the trend as an opportunity to grab mindshare. They also see it as a chance to go one-up amid the intensely competitive battle to drive growth and secure customer wins. Public cloud providers like Microsoft Azure, Amazon Web Services and Google Cloud Platform are thus in a race to attract the developer community …
The artificial intelligence company has signed four deals amid fundraising talks; Aramco buys more of Saudi Arabia’s AI company.
The UAE is looking at its first public listing of the year while Egypt just delivered a big one; OpenAI’s bugging accused has ties to Saudi Arabia; and other updates from the week.
The arrest and charges against an employee of the artificial intelligence company, fewer early-stage VC deals, and other updates.