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Ripple has ranked ahead of Bitcoin and Ethereum in a global survey measuring emotional connection between consumers and cryptocurrency brands, underscoring how perception and trust are emerging as competitive factors in a volatile digital asset market. The San Francisco-based blockchain company placed fourth overall in MBLM’s Brand Intimacy Study for cryptocurrency projects, outperforming both Bitcoin and Ethereum in the latest assessment of how strongly users feel bonded […]

Arabian Post Staff -Dubai Smart Accommodation for Residential Complexes Company, a subsidiary of the Public Investment Fund, has signed a non-binding Heads of Terms agreement with Tamimi Group to develop a 4,000-bed staff accommodation complex in Riyadh, marking one of the larger purpose-built housing projects aimed at supporting the kingdom’s expanding workforce. The proposed development, announced on 17 February, will be located in the capital and is […]

By Nantoo Banerjee There is little to be excited about the defence ministry’s latest clearance for the acquisition of 114 Rafale fighter jets from France at a huge cost of Rs.3.25 lakh crore (nearly $40 billion), branded as ‘mother of all defence deals’. It is a matter of major concern that even 78 years after […]

The article India’s Reliance On Imported Arms For Defence Is A Concern appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Strategy has said it could withstand a collapse in bitcoin’s price to $8,000 and still service its roughly $6 billion in net debt, outlining contingency plans that include converting portions of its borrowings into equity if market conditions deteriorate sharply. The Virginia-based software company, formerly known as MicroStrategy, has become one of the largest corporate holders of bitcoin under executive chairman Michael Saylor. Its balance sheet is […]

Anthropic has entered a dispute with the United States Department of Defense over the proposed military use of its flagship artificial intelligence system, Claude, underscoring a widening rift between Silicon Valley’s safety-first rhetoric and Washington’s expanding appetite for advanced AI in national security. The San Francisco-based company, founded in 2021 by former OpenAI researchers including chief executive Dario Amodei and president Daniela Amodei, has built its brand […]

Nvidia’s chief executive officer, Jensen Huang, will not attend the India AI Impact Summit scheduled to begin in New Delhi on February 16, the company confirmed over the weekend, citing “unforeseen circumstances” that prevent his planned trip. Nvidia said it remains committed to participating in the five-day event and will instead dispatch a senior leadership delegation to represent its interests at the summit, which is positioned as a global forum on artificial intelligence, semiconductors and technology policy.

Huang’s absence removes one of the most high-profile speakers from a programme that is expected to bring together global leaders, technology executives and policymakers. Nvidia has been at the centre of international attention this year as its graphics processing units and specialised chips have powered significant advances in AI model training and deployment worldwide. Despite his cancellation, the company’s executive vice-president Jay Puri is set to lead Nvidia’s delegation in New Delhi.

The India AI Impact Summit has been framed by its organisers as a strategic platform for discussions on AI’s impact on economies, governance, and society. With over 20 heads of government and multiple chief executives from major technology firms slated to take part, the absence of Nvidia’s CEO is unlikely to derail the summit’s broader agenda but does shift attention to the array of other leaders expected on stage. Summit organisers have emphasised that the event will focus on actionable frameworks for AI governance and international cooperation rather than immediate regulatory commitments.

India’s push to host the summit reflects the growing emphasis placed on its AI ecosystem, both domestically and internationally. The event at Bharat Mandapam is intended to spotlight innovation, human capital and collaborative initiatives that leverage artificial intelligence for economic and social development. Heads of state from Europe, Asia and Africa, as well as senior executives from leading technology companies, are planning to contribute to sessions addressing ethical AI, inclusive growth, and public-private partnerships.

Nvidia’s statement confirmed that Huang will not be able to travel to India at this time, but stopped short of elaborating on the specific reasons for the change in plans. The company’s leadership team reiterated its support for the summit’s objectives and expressed confidence in the delegation’s ability to engage constructively with participants across sectors. Nvidia’s central role in the global AI supply chain — particularly through its GPUs, which underpin much of the world’s AI compute infrastructure — has made its presence significant at forums shaping the future of the industry.

For many tech observers, Huang’s decision underscores the intense demands on executives at the helm of firms that are pivotal to AI’s evolution. As Nvidia continues to navigate a landscape marked by rapid technological change, supply chain pressures and geopolitical scrutiny, its leadership choices are closely watched by investors, partners and policymakers alike. The company has maintained that its strategic focus on AI remains undiminished, even as senior personnel adjust their engagement in global events.

The summit is expected to feature a range of high-level engagements, including discussions on AI’s implications for labour markets, national competitiveness, and regulatory cooperation among nations. Organisers have highlighted sessions aimed at bridging gaps between emerging markets and established technology hubs, while also addressing concerns about safety, privacy and equitable access. Participants will include chief executives from major AI and cloud-computing firms, senior government officials from participating countries, and representatives of international organisations.

Despite the absence of Nvidia’s CEO, interest in the India AI Impact Summit remains strong among industry stakeholders. Discussions are slated to explore how public-sector frameworks can align with the dynamic pace of innovation in the private sector, with particular emphasis on fostering trust and transparency in AI systems. The summit’s agenda also places emphasis on skills development, research collaboration, and the role of AI in addressing societal challenges such as healthcare, climate and education.

Executives attending the summit will face intense scrutiny from delegates keen to understand how technology firms plan to balance commercial imperatives with ethical responsibilities. As governments around the world refine their approaches to AI governance, the outcomes of deliberations at gatherings such as the India AI Impact Summit could inform future policy frameworks and cross-border cooperation on technology standards and norms.

Arabian Post Staff -Dubai Orient Insurance posted a net profit of AED 836 million for 2025, marking a 14.4 per cent rise from the previous year, as the Dubai-based insurer strengthened underwriting performance and investment income amid steady demand across the UAE and Gulf markets. The company, part of the Al-Futtaim Group, said its annual financial results reflected disciplined risk management, prudent reserving and a diversified portfolio […]

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Siemens has completed the purchase of Canopus AI, a Grenoble-based specialist in artificial intelligence-driven metrology and inspection software, signalling an intensified push into semiconductor manufacturing software as device geometries shrink and production volumes grow. The acquisition, announced on 4 February and finalised on 12 January, brings AI-enhanced wafer and mask measurement capabilities into Siemens’ electronic design automation portfolio, aimed at helping chipmakers achieve higher precision and manufacturing […]

By K Raveendran The unfolding political narrative around the Indo-US trade treaty has done more than spark debate on tariffs, market access and diplomatic alignment: it has reshaped the contours of India’s domestic political landscape, particularly by elevating Rahul Gandhi’s stature as the principal opposition leader. The Modi government has positioned the trade agreement as […]

The article Indo-US Trade Deal Has A Most Unlikely Winner: Rahul Gandhi appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Arabian Post Staff -Dubai Mohammed Bin Rashid School of Government convened policymakers, academics and technology leaders in Dubai to examine how governments can prepare societies for the rapid workforce shifts driven by artificial intelligence, positioning the emirate at the centre of a wider regional debate on skills, productivity and social stability. The dialogue, held at the school’s headquarters, served as an official pre-summit event for the AI […]

By Nitya Chakraborty The landslide win of the Bangladesh Nationalist Party (BNP) in the national elections in Bangladesh held on February 12 is a positive development in the geopolitics of not only South Asia, but also augurs well for the bilateral relationship between India and its eastern neighbour. BNP getting more than two-thirds of the […]

The article BNP’s Landslide Victory In Bangladesh Elections Is A Good Omen appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Nexon Co., Ltd. reported revenue of $3.1 billion for 2025, a 6.5 per cent increase on the previous year, marking its third consecutive year of record-breaking sales as strong performance from key titles, including the much-anticipated Arc Raiders, bolstered earnings. The Tokyo-listed gaming group said operating income also rose year on year, supported by sustained engagement across its core franchises and improved monetisation in overseas markets. Management […]

Washington is debating the future of digital assets just as dollar-backed stablecoins are reaching escape velocity in global payments. With Congress weighing the Clarity Act and regulators refining oversight frameworks introduced under last year’s Genius Act, the question is no longer whether stablecoins matter — but whether the US will shape the infrastructure now emerging around them. Behind the policy discussion sits a hard commercial reality. After […]

African technology ventures attracted $174 million in funding in January 2026, signalling a measured but steady start to the year for a sector navigating tighter global capital conditions. The figure, compiled by market intelligence platform Africa: The Big Deal, covers equity, debt and grant financing across the continent. The total marks a continuation of cautious investor behaviour that characterised much of the past two years, following the […]

A team of neuroscientists has identified a protein that appears to restore the regenerative capacity of ageing brain cells, a finding that could reshape approaches to cognitive decline and neurodegenerative disease. Experiments show that increasing levels of the protein DMTF1 in older laboratory models revives neural stem cells that had lost their ability to renew and support memory and learning. The research, conducted by investigators at leading […]

Food queues are lengthening, blackouts are stretching into the night and petrol stations stand dry across Cuba as tighter US sanctions and a collapse in tourism compound a severe fuel shortage, pushing daily life on the island towards what many residents describe as a breaking point. Authorities in Havana have acknowledged acute constraints on diesel and petrol supplies, attributing the shortfall to tougher enforcement of US measures […]

  Laboratories, whether in universities, hospitals or industrial research centres, rarely command public attention. Yet the integrity of their work often depends as much on routine maintenance and appropriate equipment as on scientific expertise. In recent years, lab managers across the Middle East and beyond have been reassessing how safety infrastructure is selected, maintained and upgraded, particularly as research volumes increase and regulatory scrutiny tightens. At the […]

By Nantoo Banerjee The excitement over the finalization of the first tranche of the Indo-US trade deal during last weekend after months of negotiations and uncertainties may be irrational, if not too early, as it remains unclear about the US attitude towards India’s multi-alignment global trade and economic strategy combining countries such as Russia and […]

The article Indo-US Trade Deal Promises To Be Contentious appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Arabian Post Staff -Dubai Rivian Automotive is quietly extending its software footprint beyond the dashboard, with work under way on an Apple Watch companion app that signals a broader push into connected vehicle experiences ahead of its next phase of growth. Code references found within Rivian’s iPhone application point to functionality designed for the Apple Watch, suggesting the electric vehicle maker is preparing to let drivers interact […]

AGMC has initiated construction on a substantial newBMW Group retail and service complex in Ras Al Khor, signalling another phase of its expansion across the United Arab Emirates. The automotive dealer, a long-established importer of BMW, MINI and Motorrad vehicles for Dubai, Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah and Fujairah, brought together industry partners, executives and dignitaries for a ceremonial groundbreaking that underscores its growing […]

Buckingham Palace has said it stands ready to support any police inquiry into the Duke of York after disclosures raised questions about whether Andrew Mountbatten-Windsor shared confidential United Kingdom trade material with the late financier Jeffrey Epstein. The statement, issued on Monday, underscored the Royal Household’s position that it will cooperate fully should investigators seek assistance. The Palace said it would “support any appropriate investigation” in line […]

Papio, a global industrial analytics and AI company, has announced the establishment of its Qatari subsidiary and is now officially registered in Qatar under QFC. Steven Jansen, CEO and founder of Papio, shares insights on the company’s global expansion and long-term commitment to supporting industrial organisations with digital transformation initiatives, serving customers better across Qatar and the wider Gulf, while building its footprint in the region. “The Middle East […]

AI. com has changed hands in a transaction valued at about $70 million, placing the domain among the most expensive digital real estate deals on record and setting the stage for a high-profile consumer launch tied to Super Bowl LX. People familiar with the plans say the new owners intend to unveil the brand during the championship game with a national advertising campaign, betting that mass-market visibility […]

Sovereign credit prospects across the Middle East are set to remain stable through 2026, underpinned by resilient economic fundamentals, disciplined fiscal management and sizeable financial buffers, even as the region navigates elevated geopolitical tensions and softer oil prices, according to an assessment by S&P Global Ratings. The ratings agency points to strong government balance sheets and a steady expansion of policy flexibility as key factors insulating most […]

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