Alibaba Becomes China’s New AI Darling With $87 Billion Rally
The frenzy over Chinese artificial intelligence is turning Alibaba Group Holding Ltd. into an investor favorite again, injecting new life into an e-commerce giant that had nearly sunk into obscurity ...
AI model-optimized chip developer Groq receives $1.5B commitment from Saudi Arabia
Last year, Groq announced an initiative to build an AI data center in Dammam, Saudi Arabia. The facility is optimized for ...
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Saudi-Based Tabby Hits a Valuation of $3.3 Billion
Saudi Arabia-based fintech company Tabby has doubled its valuation to $3.3 billion after raising $160 million during the ...
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Mubadala-backed Tabby hits $3.3bn valuation after $160m funding round as it prepares for IPO
Tabby, the buy now pay later platform backed by Abu Dhabi's Mubadala, has raised $160 million to take its valuation to $3.3 billion, which the company says makes it the most valuable financial ...