
Google Announces Second 'AI First' Accelerator for Startups in Middle East, North Africa, and Turkiye to Bolster Regional AI Innovation
The MENA-T region is rapidly emerging as a significant hub for AI innovation, driving transformative change across various industries. Highlighting this potential, PwC estimates AI could contribute $15.7 trillion to the global economy by 2030, with McKinsey projecting up to $150 billion for GCC countries alone. Regional AI investment is also accelerating, with its share of total startup funding more than doubling year-over-year from 2023 to 2024, according to Wamda reports. PwC further expects the region to accrue US$320 billion, or 2 percent of the total global benefits of AI, by 2030.
'The incredible momentum of AI development in the Middle East, North Africa, and Turkiye region presents a unique opportunity to foster a new wave of technological advancement,' said Abdul Rahman Al Thehaiban, Managing Director, MENA-T, Google Cloud. 'Google Cloud is committed to providing a robust and scalable platform for AI innovation. Our aim is to equip these pioneering companies with the cloud infrastructure and expertise necessary to optimize their AI workloads and accelerate their growth trajectory in this dynamic field.'
Anthony Nakache, Managing Director, Google MENA, said: 'With the 'Google for Startups Accelerator: AI First' program, we are dedicated to providing targeted support to innovative startups, helping them access Google's best resources to solve complex challenges and scale their impactful AI-driven solutions globally.'
The 'Google for Startups Accelerator: AI First' MENA-T program provides selected eligible startups with Google Cloud credits to accelerate the development and deployment of their AI solutions. Participants will benefit from expert technical mentorship from Google Cloud engineers and solution architects to optimize cloud infrastructure for AI workloads. The program also includes AI-focused workshops on Google Cloud's AI/ML capabilities, data analytics, and serverless computing, alongside workshops on Go-To-Market strategies covering product design, business growth, and leadership development. Crucially, the accelerator will offer extensive networking opportunities with a curated network of investors, potential partners, and industry leaders.
Seed to Series A startups in the MENA-T region building AI-first solutions are encouraged to apply for the 'Google for Startups Accelerator: AI First' MENA-T program by June 16th, 2025, through the Google for Startups website.
For further details on the program and the announcement, please refer to the official Google Arabia blog post: https://blog.google/intl/en-mena/company-news/outreach-initiatives/empowering-the-future-announcing-the-google-for-startups-accelerator-ai-first-for-mena-t-startups/
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Arabian Business
3 hours ago
- Arabian Business
beIN Sports: How to watch English Premier League 2025/26 football on TV in UAE, Saudi and across MENA
The English Premier League returns for the 2025/26 season on Friday, August 15 when Liverpool take on Bournemouth at the iconic Anfield stadium. Liverpool, the most successful club in the history of English football, will be looking to repeat the triumph of the 2024/25 season and conquer the English Premier League once again. Fans in the UAE, Saudi Arabia and across the MENA region will be able to watch every minute of every match after beIN Media Group officially renewed its exclusive rights to broadcast English Premier League matches across 24 countries in the region until the end of the 2027-28 season. Stream English Premier League in MENA The landmark deal ensures that beIN Sports will remain the region's premier destination for live English football, broadcasting all 380 Premier League games each season in both Arabic and English. Fans will have access to complementary programming, including pre- and post-match analysis, daily highlights, and weekly wrap-ups. The agreement also extends coverage to beIN's OTT streaming platform, TOD, which will stream every match live on web, tablet, and mobile. English Premier League 2025/26 fixtures Friday, August 15, 2025 Liverpool v AFC Bournemouth Saturday, August 16, 2025 Aston Villa v Newcastle Brighton v Fulham Spurs v Burnley Sunderland v West Ham Wolves v Man City Sunday, August 17, 2025 Chelsea v Crystal Palace Nottingham Forest v Brentford Manchester Utd v Arsenal Monday, August 18, 2025 Leeds v Everton Click here to subscribe to beIN Sports and watch every English Premier League game of the 2025/2026 season. Upon signing the renewal, Mohammad Al Subaie, CEO of beIN MENA, said: 'Our long-standing partnership with the Premier League, which dates back to 2013, has been a journey of mutual growth and shared success. 'This renewal not only signifies our enduring commitment to providing the highest quality sports content on beIN SPORTS and reinforces our leading position in the MENA region, but also demonstrates the trust that the Premier League has in us. Paul Molnar, Chief Media Officer of the Premier League, said: 'We are delighted to announce the extension of our longstanding partnership with beIN MEDIA GROUP for a further three seasons in MENA. This renewal reflects our shared commitment to delivering world-class football and providing the best possible, localised viewing experience. 'We look forward to continuing our close collaboration on a variety of content and promotional initiatives, bringing the Premier League even closer to our passionate fans in this important region.' With a cumulative global TV audience of 3 billion, the Premier League remains one of the most-watched sports leagues in the world. The renewal underscores the value of premium sports content in the MENA media landscape and reflects the broadcaster's continued investment in delivering high-quality coverage to its growing subscriber base. beIN Sports broadcasts English Premier League football in these countries Algeria Bahrain Chad Djibouti Egypt Iraq Jordan Kuwait Lebanon Libya Mauritania Morocco Oman Palestine Qatar Saudi Arabia Somalia Sudan Syria Tunisia United Arab Emirates Yemen


Al Etihad
3 hours ago
- Al Etihad
AI startup Perplexity makes $34.5 billion bid for Google's Chrome browser
12 Aug 2025 23:35 (AGENCIES)AI startup Perplexity said it made a formal offer to acquire Google's Chrome browser for $34.5 billion, in anticipation of requirements that may be imposed on the search giant in antitrust unsolicited bid was sent to Alphabet Inc.'s Google on Tuesday morning, a Perplexity spokesperson comes not long after rival artificial intelligence startup OpenAI also expressed interest in acquiring Chrome, which together with the open-source Chromium software is the main way people access the web on a federal judge found last year that Google has an illegal monopoly in internet search, the US government has said it wants Google to sell the Chrome browser and license search data to competitors, among other proposed changes. US District Judge Amit Mehta, who heard the case, is expected to issue a ruling in the coming days, with remedies to prevent the company from monopolising the online search Francisco-based startup Perplexity, which has sought to woo users from Google by offering search powered by AI, earlier this year raised $100 million in a round of funding that valued it at $18 billion, Bloomberg News reported. That raises the question of how Perplexity could afford to follow through on its Chrome offer."Multiple large investment funds have agreed to finance the transaction in full,' Perplexity Chief Business Officer Dmitry Shevelenko isn't the first time Perplexity has made an offer for a major internet property ahead of a forced transition. Earlier this year, the company also submitted a bid to TikTok parent ByteDance Ltd., to merge with its US operations and create a new entity. TikTok is facing a US ban without a field of web browsers has seen renewed interest as AI companies seek to build agents that can complete online shopping and other tasks for users. Perplexity has said it is preparing to release a browser called Comet that features an AI company added that it would not make any "stealth modifications' to Chrome. "This is part of our commitment to continuity and choice for users, and will likely be seen as having the benefit of stability for Google and its many advertisers,' the spokesperson wrote. If the bid is accepted and a deal is approved, Perplexity said it would invest $3 billion over the next two years in Chrome and Chromium and "extend offers to a substantial portion of Chrome talent.' The company added that its offer to Google did not include any equity in Perplexity - to avoid any antitrust concerns.


The National
4 hours ago
- The National
Fed's dilemma grows as key inflation metric heats up
A key US inflation measure increased in July as the costs of President Donald Trump's tariffs continue to be felt in the economy, further underscoring the Federal Reserve 's dilemma at a time of pressure from the White House to cut interest rates. A report from the Bureau of Labour Statistics showed that the consumer price index rose 2.7 per cent last month on an annual basis, less than expected. However, core inflation, which does not include food and energy, rose 3.1 per cent year on year, higher than the 2.9 per cent reading in June and at its fastest annual rate since February. Prices for imported items such as household furnishings, apparel and recreational goods all rose last month, while medical care services and airfare prices were also above recent trends. 'We've definitely seen some heating up driven by tariffs, but it's a very messy picture,' said Michael Pearce, deputy chief US economist at Oxford Economics. Wall Street, however, reacted positively to Tuesday's report which probably was not hot enough to prevent the Fed from resuming rates cuts in September. The S&P 500 and Nasdaq Composite hit intraday highs, while the Dow Jones Industrial Average rose more than 1 per cent. Traders still widely expect the Fed will reduce the federal funds rate – which it has held steady this year – by 25 basis points when it meets next month. Driving expectations of that cut have been concerns about the health of the US labour market. Government data this month showed that the unemployment rate rose to 4.2 per cent in July while the economy added only 73,000 jobs. Sharp downward revisions were also made to previous monthly gains. 'Suddenly, you've got this picture of a labour market which looks like it has suddenly lost a lot of momentum,' Mr Pearce said. Signs of a weakening labour market also come as inflation is not just above the Fed's long-term target, but is trending in the wrong direction. Unlike other central banks, the Federal Reserve has a dual mandate of price stability and maximum employment. A large majority of Fed officials this year have taken a wait-and-see approach towards cutting rates this year as they assess the effects of Mr Trump's tariffs on the economy. Federal Reserve chairman Jerome Powell has warned that the Fed could find itself in a position in which those two goals are in conflict because of the effects of those tariffs. Addressing reporters after holding rates last month, Mr Powell outlined his reason for keeping them elevated, adding that the economy is still in the 'early days' of feeling the tariffs' effects. 'When we have risks to both goals, and one of them is farther away from goal than the other, and that's inflation, that means policy should be tight, because tight policy is what brings inflation down,' he said. But the July jobs report is testing that resolve. A handful of Fed officials – including governors Michelle Bowman and Christopher Waller, two Trump appointments who dissented from last month's decision – have suggested since that rate cuts should come sooner to protect the labour market. Derek Tang, an economist at LHMeyer/Monetary Policy Analytics in Washington, said the jobs report was a wake-up call for people who were counting on the resilience of the US economy, which is now showing signs of stress. 'Of course, that might be affected by immigration but just the fact that demand is cooling really unsettles a lot of people,' he said. 'The second reason why I think the market is talking about September is simply the political environment, or how much longer can the Fed be immune from Trump pressure.' Mr Trump seized on Tuesday's inflation report to continue his pressure campaign against Mr Powell to cut rates and again attacked overrun renovation costs at the Fed's headquarters. Mr Trump claims the costs of the project have swollen to $3 billion, which Mr Powell has said is untrue. 'I am … considering allowing a major lawsuit against Powell to proceed because of the horrible, and grossly incompetent, job he has done in managing the construction of the Fed Buildings,' Mr Trump wrote on the Truth Social media platform. Adding further pressure on Mr Powell will probably be the confirmation of Stephen Miran, a Trump ally and Fed critic, to temporarily fill the seat vacated by former Fed governor Adriana Kugler. Her term is set to expire January 31, 2026. By installing Mr Miran at the Federal Reserve even in a temporary capacity, it would add a third prominent voice to lower interest rates. The rate-setting Federal Open Market Committee consists of Mr Powell, six other members on the board of governors, the New York Fed president and four of the 11 regional presidents who serve on a rotating basis. It is unclear if Mr Miran will be confirmed by the US Senate in time for the Fed's meeting next month. Mr Miran told CNBC on Tuesday that he believes inflation 'has been well behaved, particularly since the President took office'. He also said the central bank's independence is of 'paramount importance' but declined to elaborate further, citing his confirmation process. The Federal Reserve has indicated it expects to cut interest rates by a cumulative 50 basis points this year, according to projections from the Fed's June meeting.