Qualcomm recently entered into as deal to purchase AI software company Modular for about $3.9 billion. This all stock-deal is aimed at strengthening Qualcomm’s software foundation for generative and agentic AI across data centre and edge environments. The deal will pair Qualcomm’s silicon expertise with Modular’s AI-native software platform, which is designed to run AI models efficiently across CPUs, GPUs, NPUs and custom ASICs without requiring separate rewrites for each type of accelerator. The chipmaker stated developers and enterprises will only need to build once ahead of deploying across multiple environments at a lower total cost of ownership. Qualcomm framed…
Author: Editorial Team
DUBAI, 25th June, 2026 (WAM) — DP World Foundation and Expo City Dubai Foundation have announced a strategic partnership to accelerate the growth of innovative social enterprises tackling some of the world’s most pressing development challenges, with initiatives that have already positively impacted more than 100,000 children and young people. The partnership combines DP World Foundation’s commitment to creating sustainable community impact with Expo City Dubai Foundation’s Global Innovators Programme, supporting entrepreneurs whose solutions drive measurable social, economic and environmental progress. The collaboration launched with support for two Africa-based ventures – Le Lionceau in Senegal and Smartcore in Tanzania –…
Dubai, on June 25, announced three new projects aimed at enhancing the quality of life for residents across the emirate. A Falcon Market, Creek lighting project and new AI-designed park will soon be in the works. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai, announced the new package of Dubai Municipality projects on X. The three projects will span upgrading services and creating new infrastructure. Part of the three projects is the Dubai Falcon Market, which will be the first of its kind in the region. The market will be an avenue to celebrate Emirati…
NEW YORK — Elon Musk lost his trillionaire status on Tuesday, less than two weeks after becoming the first person to achieve it following SpaceX’s public debut, according to data from Bloomberg. Plunging shares in Tesla and SpaceX dragged the tech magnate down to billionaire status. As of 4pm ET on Wednesday, Forbes listed Musk’s net worth as $970.2bn. The tech entrepreneur lost his trillionaire status on Tuesday, less than two weeks after becoming the first person to achieve it following SpaceX’s public debut, according to data from Bloomberg. The Bloomberg Billionaires Index — updated daily at 17:30 in New…
Imagine walking into a shopping mall to buy a few things and walking away with the keys to a new home. That is exactly what Dubai Summer Surprises (DSS) is promising this year as it returns with its biggest-ever prize line-up, featuring 12 apartments worth more than Dh50 million, 35 cars, 3kg of gold and hundreds of thousands of dirhams in cash. The 60-day summer festival, which runs from July 2 to August 30, will also bring citywide sales, concerts, family attractions, restaurant offers and hotel deals across Dubai. The biggest attraction this year is the launch of Win Your…
SHARJAH, 25th June May, 2026 (WAM) — H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and President of the University of Sharjah, praised the Sharjah Space and Astronomy Hub for signing a cooperation agreement with the International Astronomical Union ((IAU) in Sharjah. The agreement establishes the International Astronomical Union’s Space and Astronomy Education Centre in the Emirate of Sharjah, which will serve as one of the regional centres affiliated with the International Astronomical Union’s Office of Astronomy for Education. The President of the University of Sharjah affirmed that the establishment of the centre represents a…
SEATTLE — US officials “caused problems” for Iran forward Mehdi Taremi and assistant coach Saeed Alhoei, delaying their delegation as they travelled to Seattle for the World Cup match against Egypt, Iran’s football federation said on Wednesday. The reported incident comes days after US authorities eased travel restrictions on Iran’s World Cup delegation following complaints from Tehran and the team that strict entry rules were disrupting preparations. “During the national team’s third trip to the United States, host officials disturbed Saeed Alhoei and Mehdi Taremi, delaying the convoy’s departure to Seattle for the match against Egypt,” the federation said in…
When HONOR chose Riyadh to launch its Magic V6 foldable, it used the occasion to signal something bigger. Alongside the device reveal, the company unveiled an ambitious B2B strategy aimed squarely at Saudi Arabia’s fast-evolving enterprise market. For Nicky Nahar, Global Product Marketing Director at HONOR, the timing is deliberate. “What we really want to do within the B2B space is drive a very connected world and power businesses to reach limitless potential,” Nahar told Saudi Gazette on the sidelines of the launch event. The strategy is rooted in what HONOR calls its Alpha Plan, announced at MWC alongside a…
NEW YORK — Three International Criminal Court judges on Wednesday sued US President Donald Trump and his administration over sanctions imposed on them last year, arguing the measures were unlawful. The case, filed in the Southern District of New York on Wednesday, is the latest effort to challenge what many experts have described as the Trump administration’s efforts to undermine international law. In the lawsuit filed in the Manhattan court, judges Kimberly Prost of Canada, Solomy Balungi Bossa of Uganda and Reine Adelaide Sophie Alapini-Gansou of Benin said the sanctions were designed to exert extrajudicial pressure with the objective of…
Meta Platforms recently furthered its smart glasses initiative with the launch of a set of lower-priced models under its own brand name for the first time. Called Meta Glasses, the company stated it is introducing three styles in partnership with manufacturer EssilorLuxottica, at a starting price of $299. At the lower end of the price point are the Meta Adventurer and Meta Fury options, while a fashion-inspired variant designed in collaboration with celebrity Kylie Jenner costs $399. The moves marks a change from Meta’s strategy which has made the company a leading smart glasses provider, with it previously launching eyewear…