Sunday, May 10, 2026

Signit | ساين إت raises $15M Series A to scale AI-led digital contracts in MENA.

Saudi-based Signit (ساين إت) has raised $15 million in Series A funding, led by RAED Ventures, with participation from STV, SEEDRA Ventures, Takamol Ventures, and Suhail Ventures. The company builds digital signature and contract lifecycle...

Reliance Industries Limited bets ₹1.6 lakh crore on India’s AI infrastructure future.

Reliance Industries Limited is planning a 1.5 GW data center cluster in Visakhapatnam, to be developed in phases and designed to support large-scale AI and cloud workloads. The project will integrate renewable energy sources...

Snabbit raises $56 Mn Series D to cement leadership in India’s $60 Bn home services market.

Snabbit has raised fresh funding co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments, and Bertelsmann India Investments, with continued backing from Nexus Venture Partners, Lightspeed India, and Elevation Capital. The round brings its...

SpaceX Ties Up with Cursor in $60B AI Bet.

SpaceX has secured an option to acquire Cursor for $60 billion, or alternatively invest $10 billion in a joint development partnership. The move, led by CEO Michael T., includes collaboration with xAI to scale...