Chinese technology group ByteDance, best known as the owner of TikTok, is preparing a major push in artificial intelligence for 2026, planning roughly $23 billion (about 160 billion yuan) in capital expenditure on  AI infrastructure. The company intends this outlay to expand servers, data centres, and next-generation compute capacity that supports its AI models and services. This […] The post ByteDance will spend $23 billion on AI infrastructure in 2026 appeared first on Web-Release.

    Mawarid Finance, a UAE Central Bank-licensed Sharia-compliant financial institution and Rentify, a leading fintech and proptech innovator have announced a strategic partnership to introduce a first-of-its-kind rental payments solution designed to remove one of the biggest barriers in the UAE property market – upfront annual rent. For decades, tenants across the UAE have faced the […] The post Mawarid Finance Partners with Rentify to Unlock Flexible Renting in UAE appeared first on Web-Release.

    Dubai Chambers recently organised a meeting with the Ambassador of India to the UAE to discuss ways to strengthen bilateral relations and advance trade and investment ties between Dubai and India.  During the meeting, H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, and H.E. Dr. Deepak Mittal, Ambassador of India to the […] The post Dubai Chambers discusses strengthening bilateral trade and investment with Ambassador of India appeared first on Web-Release.