Thursday, August 18, 2022

Abu Dhabi-based AI company G42 and the Abu Dhabi Growth Fund announce a $10B fund to invest in late-stage tech companies in emerging markets (Adveith Nair/Bloomberg)

Adveith Nair / Bloomberg:
Abu Dhabi-based AI company G42 and the Abu Dhabi Growth Fund announce a $10B fund to invest in late-stage tech companies in emerging markets  —  Sign up for our Middle East newsletter and follow us @middleeast for news on the region.  —  Abu Dhabi-based artificial intelligence firm G42 …



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Robotics and AI startup Lyte, founded by ex-Face ID engineers, raised $165M led by Maverick Silicon at a $1.6B valuation, taking its total funding to $272M (Samantha Kelly/Bloomberg)

Samantha Kelly / Bloomberg : Robotics and AI startup Lyte, founded by ex-Face ID engineers, raised $165M led by Maverick Silicon at a $1....