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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The seven-year-old startup quietly shut shop and founder Sharmin Ali stopped answering questions, leaving the investors high and dry.
An actor turned entrepreneur sold the story of an up-and-coming artificial intelligence startup to investors and employees. If her words were to be believed, her company would have led the AI wave, competing against big names like Grammarly and Textio. The investors—smack-dab in the middle of the bull market exuberance—fell hook, line and sinker.
Today, they are wondering where she is and what happened to the company.
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Sharmin Ali is upset with her investors. The founder of Instoried, a seven-year-old AI startup, is threatening a defamation lawsuit. Her reason: Inappropriate language and tonality of certain investors who belong to …
Big AI moves in the Middle East this week, Saudi Arabia-backed LIV Golf files for bankruptcy and other updates.
Venture capital funding is showing signs of a slowdown; the US opens access to advanced technologies for the UAE; and other updates.
The Abu Dhabi investment firm just upped the AI stakes, private debt in the Gulf is having its moment in the sun, and other updates from this week.
