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Nvidia has recently joined forces with some of Wall Street’s largest banks and investors to raise $500 billion in capital for AI infrastructure development. The chipmaker said it had struck deals with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR, and that the investors were for the first time treating AI hardware and infrastructure, often referred to as “compute”, as an asset class. “In AI, compute is revenue”, Nvidia chief executive Jensen Huang said. “We are bringing the world’s leading long-term capital providers together to independently underwrite AI infrastructure”. The financing will go towards Nvidia’s own projects and those being…

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Saudi Arabia’s digital transformation is no longer measured simply by the technologies it adopts, but by how confidently people use them. Over the past few years, the Kingdom has become one of the region’s most advanced digital economies. Government investment, a thriving fintech ecosystem, and widespread adoption of digital payments have fundamentally changed how consumers interact with businesses. According to the Saudi Central Bank (SAMA), electronic payments accounted for 85% of all retail payment transactions in 2025, a milestone that reflects the rapid shift toward a more digital economy. But while technology continues to evolve, consumer confidence remains the factor…

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For nearly two years, Abdul (name changed), a 42-year-old corporate executive, struggled with severe tiredness, weight gain and brain fog that made it difficult for him to focus at work. He thought the problem was workplace burnout. He was also treated for depression, but his symptoms did not improve. Further tests later showed that he had low morning testosterone and undiagnosed sleep apnoea. Once the sleep disorder was treated, his hormonal balance improved. Stay up to date with the latest news. Follow KT on WhatsApp Channels. In another case, a 38-year-old man believed his persistent headaches and low libido were…

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WASHINGTON — An Iranian assassination threat prompted US President Donald Trump to secretly switch planes in Turkey last month, with Air Force One serving as a decoy while he flew out on a smaller military aircraft, according to US media reports. Top administration officials engaged in an elaborate deception after the NATO summit in Ankara on July 8 to spirit the president out into a catering container, which then ferried him to a small C-32A military jet that took him to the United Kingdom, The Washington Post and The New York Times reported. Trump and other officials had said publicly…

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GPT-5.6-Cyber gives approved defenders advanced capabilities for vulnerability research, while global security partners bring the technology into governed enterprise services and workflows OpenAI has expanded its Daybreak cybersecurity programme with two access tiers, introduced the specialised GPT-5.6-Cyber model and established a global partner network to bring frontier AI capabilities into enterprise security operations. The developments come amid growing concerns that threat actors could use AI to identify vulnerabilities, develop exploits and navigate complex systems with greater speed, scale and autonomy. Security teams, meanwhile, face a rising volume of weaknesses across the software and infrastructure under their protection. OpenAI said the…

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There was a time when professional filmmaking was largely defined by the size of the production. A compelling story often depended on access to specialist equipment, dedicated crews and significant budgets, but that picture looks very different today.  Across the UAE and the wider Middle East, a new generation of creators is building production businesses, launching educational platforms, documenting cultures and producing commercial campaigns that reach audiences around the world, often with lean teams and highly agile workflows. The creator economy has become one of the region’s most dynamic growth stories. According to RedSeer Strategy Consultants, the GCC is home…

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Hotels across the UAE are stepping up staycation deals, discounted room rates and value-added packages to attract domestic and GCC travellers, as operators look to support occupancy and position the hospitality sector for recovery, according to JLL. The consultancy said hotels introduced family- and leisure-focused offers, dining credits, spa access and extended-stay packages during the second quarter as softer international arrivals weighed on demand. Stay up to date with the latest news. Follow KT on WhatsApp Channels. JLL said the measures form part of a broader push by operators to offset weaker overseas demand while preserving revenue during the traditionally…

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TORONTO — A Porter Airlines flight in Canada has been canceled after a young child refused to wear a seat belt, sparking debate about the etiquette and safety procedures reating to children traveling on planes. The flight was preparing to travel from Victoria to Toronto on Aug 6 when it returned to the terminal after the child stood in their seat and refused to secure the seat belt, Porter Airlines said. “Attempts by the accompanying parent and crew to address this were unsuccessful,” the airline said. “The aircraft could not take off in this unsafe condition, so the crew elected…

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At just 10 years old, Saiyette Aima watched cancer change her family. Her grandmother, whom she describes as the “emotional centre” of the family, had noticed what appeared to be a small, pimple-like mark on her neck. It did not seem serious at first. But after medical investigations, she was diagnosed with Stage 3 breast cancer. Saiyette, now 17 and living in Dubai, was young and thousands of kilometres away from her grandmother in Delhi, but the experience stayed with her. “I watched her go through chemotherapy and radiation and saw how cancer affected not just her health, but our…

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Telefonica has continued its recent focus on improving their services by using applied AI. The company has embedded the technology in its fixed and mobile networks to provide a host of voice options for businesses. The operator pitched the move as providing smart communications for voice services, with the AI enabling features including transcription and summarisation of conversations. There is also a virtual assistant capability which director of product, presales and provisioning Javier Pascual said is accessible “using natural language”. Telefonica is pitching the set-up at medium and large businesses, and public organisations which use cloud-based voice services. It highlighted…

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