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Detailed stories on technology startups, business and economic current affairs.
The country put on a show on the theme of artificial intelligence, which makes for excellent photos for social media and content for press releases. All that money, time and jet fuel spent could just have been an email.

India’s Prime Minister Narendra Modi has a penchant for large-scale events. A love for spectacle.
Back when Modi was the chief minister of Gujarat, a prosperous state in Western India, Vibrant Gujarat became the defining event on the country’s political events calendar. Business leaders from all across India and around the world would jet into the state once every two years, and commit to investing thousands of crores, their commitments firmed up in the form of memorandums of understanding, or MOUs, with the state.
I’ve been part of those summits and remember the pomp and circumstance with which these MOUs …
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.