Germany’s Adidas on Tuesday raised its operating profit guidance for the full year, saying it successfully mitigated part of the extra costs caused by higher US tariffs.The sportswear brand predicted a 2025 operating profit of about…
Some startups pride themselves on having prestigious financial backers — but just as important is having prestigious customers. It’s one of the main points of pride for Serval, an enterprise AI company that announced a…
Africa’s electric mobility story has often been one of promise over progress. Infrastructure is scarce, power grids are unreliable, and most markets still run on cheap imported motorcycles. But Dubai-headquartered Spiro has spent the past…
For most enterprise companies, AI is either a promise that has yet to deliver or a security risk. The effort of Lithuania’s most famous entrepreneur duo to solve that conundrum has garnered attention — and…
In a region long defined by fragmented enterprise systems, outdated compliance tools, and HR software that rarely talks to finance, Cercli is building a unified alternative for MENA businesses with AI at its core. The…
Bilal Abu-Ghazaleh had just moved to London few days before our call, splitting his time between there and Dubai. After nearly a decade in the U.S., including a stint at Scale AI, he’s bringing that…
Between infinitely scrolling job boards and the puzzling rise of fake applicants using AI to apply en masse, job-searching has quickly become one of the most bewildering experiences the internet has to offer. Listings are…
Prezent, a startup that offers an AI-powered presentation builder to enterprises, said today that it has raised $30 million in funding led by Multiplier Capital, Greycroft, and Nomura Strategic Ventures, with participation from existing investors…
Reflection, a startup founded just last year by two former Google DeepMind researchers, has raised $2 billion at an $8 billion valuation, a whopping 15x leap from its $545 million valuation just seven months ago.…
Dr. Tom Kelly is a trauma surgeon, and everywhere, he sees doctors drowning in administrative work. He wanted change, so he set out to build it. “We wanted to build an AI care partner that…