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AMD engages India for local GPU development with significant investment plans

AMD is currently in discussions with India to enhance its indigenous GPU capabilities. The company is on track with a significant investment of $400 million aimed at bolstering its presence in the region.
StartupNews.fyi
IND USA
Technology & Innovation, News Article
00:14 11.06.2025

innovative startups secure funding to tackle water scarcity and enhance quality assurance

Thunder Code, co-founded by Jouini and Othmani, aims to revolutionize QA with features like natural language test creation and AI-driven CI/CD pipelines, claiming to cut testing time by 90%. Meanwhile, Tunisian startup Kumulus Water has raised $3.5 million to scale its technology that converts air into drinking water, addressing water scarcity sustainably. EIGHTClouds, a UAE-based investment firm, has successfully raised $20 million to expand in the food and beverage and hospitality sectors, focusing on consumer-centric brands in the GCC region.
ArabFounders
TUN FRA ESP SAU ARE Karim Jouini Jihed Othmani Iheb Triki Mohamed Ali Abid Ziyad Ahmed Ben Casnocha Sri Batchu Victoria Tihipko Roxanne Varza Guillaume Amblard Show more
Business & Industry, News Article
00:13 11.06.2025

Vast Data seeks 25 billion dollar valuation in latest funding round

Vast Data, an AI storage platform, is reportedly targeting a valuation of $25 billion in its upcoming funding round. This ambitious goal highlights the company's growth and potential in the rapidly evolving tech landscape.
StartupNews.fyi
USA
Business & Industry, News Article
23:50 10.06.2025

Morgan Stanley CEO expresses optimism as deal pipelines remain strong

Morgan Stanley's CEO expressed strong enthusiasm for the company's business prospects, highlighting the resilience of deal pipelines. This optimism reflects confidence in ongoing market opportunities and the firm's strategic positioning in a dynamic financial landscape.
StartupNews.fyi
USA
Finance & Economy, News Article
23:25 10.06.2025

SPI Index Rises as EFG International and Adval Tech Lead Gains

The SPI index closed 1.06% higher at 16,950.37 points, reflecting a year-to-date increase of 9.23%. Strong performers included Adval Tech and EFG International, while Pierer Mobility saw the largest decline. UBS led in trading volume, and Nestlé maintained the highest market capitalization.
finanzen.ch
Euro Edisun Power Europe Ltd. EFG International AG Klingelnberg AG PIERER Mobility AG ORIOR AG Phoenix Mecano AG Peach Property Group AG Leclanche S.A. Nestlé S.A. Relief Therapeutics SA BB Biotech AG CHE Show more
Finance & Economy, Market Report
22:43 10.06.2025

bedrock ocean secures 25 million to explore seafloor with robotics

Bedrock Ocean has successfully raised $25 million to enhance its efforts in mapping the seafloor using advanced robotics. This funding aims to support innovative technologies that will improve underwater exploration and data collection. The initiative highlights the growing interest in oceanic research and sustainable practices.
StartupNews.fyi
Technology & Innovation, News Article
22:33 10.06.2025

Franklin Templeton launches intraday yield feature for Benji investment platform

Franklin Templeton has introduced an innovative 'Intraday Yield' feature for its Benji platform, enhancing the investment experience for users. This new functionality aims to provide real-time insights into yield performance, reflecting the company's commitment to leveraging technology in finance.
StartupNews.fyi
USA
Finance & Economy, Press Release
22:03 10.06.2025

Dubai man sentenced for cryptocurrency scam costing victim over 224000 dirhams

A Dubai resident lost over Dh224,000 in a cryptocurrency scam after being lured by false promises of high returns. The victim transferred funds to various accounts, leading to the arrest of one account holder, who was found guilty of concealing illegally obtained money. A civil court ordered the scammer to repay Dh224,239 plus Dh20,000 for damages, while the criminal court sentenced him to one month in jail, a fine, and deportation.
instagram.com
ARE NGA
Finance & Economy, Social Media Post
21:30 10.06.2025

FlexiLoans secures 375 crore funding to enhance product offerings

FlexiLoans, a non-banking financial company (NBFC), has secured INR 375 crore in funding to enhance its product offerings. This investment aims to strengthen the company's position in the market and expand its services to better meet customer needs.
StartupNews.fyi
IND
Finance & Economy, Press Release
20:54 10.06.2025

Linear secures 82 million dollars at 1.25 billion dollar valuation

Linear, a competitor to Atlassian, has successfully raised $82 million in funding, achieving a valuation of $1.25 billion. This significant investment underscores the growing interest in tools that enhance productivity and collaboration in the tech industry.
StartupNews.fyi
USA
Business & Industry, News Article
20:42 10.06.2025
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