Presight has partnered with Microsoft to launch the Presight AI-Startup Accelerator, aiming to empower AI startups with cutting-edge technology, mentorship, and funding. The collaboration will help startups refine AI-powered products, optimize strategies, and integrate into global markets, driving innovation and scalability within the UAE and beyond.
Teammates.ai won the Mastercard and FAB AI Startup Challenge, securing $150K and access to global fintech growth opportunities. The competition, focused on AI-driven solutions, aimed to enhance innovation in sectors like cybersecurity and fintech. Teammates.ai’s win also provides entry to Mastercard’s Start Path program for global scaling.
Disrupt.com, a UAE-based venture builder founded by the Gadit brothers, has committed $100 million to drive innovation in AI, cybersecurity, Web 3.0, automotive technology, and retail. Despite a global decline in VC funding, Disrupt.com aims to empower startups with strong organic growth potential, focusing on industries shaping the future.
Algeria has launched its first Skills Center in Sétif, focusing on AI, cybersecurity, and emerging technologies. This initiative aims to train young professionals, foster innovation, and support startups with a 1.5 billion dinar investment. The project aligns with national efforts to drive digital transformation and economic growth.
