Saudi Aramco bets $800 million that open-source models can compete
- Together AI raised an $800 million Series C led by Aramco Ventures through Prosperity7 Ventures US, with investors including Nvidia, Vista Equity Partners, General Catalyst, Emergence Capital, March Capital, Pegatron and SentinelOne's S Ventures.
- The round gives Together AI an $8.3 billion post‑money valuation and brings total funding to $1.3 billion.
- Together AI runs training and inference infrastructure for models including DeepSeek, Nemotron, MiniMax and Kimi; the company says annual bookings now exceed $1 billion and that usage of open models on its platform has tripled over the past year.
- The company plans to scale its infrastructure roughly 50 times over the next five years; Nvidia participated as both a supplier and an investor.
Startup Fortune · 2026-07-13
Samsung brings Galaxy AI Call Screening to Arabic users across the GCC
- Samsung expanded Galaxy AI Call Screening support to Arabic users across the GCC, per the snippet.
- The rollout is described as broadening accessibility of Galaxy AI for regional users.
Gulf Business · 2026-07-13
AI GPU market size and growth report published
- Business Research Insights published an AI GPU market size and trends report, per the snippet.
- Snippet includes projected market figures and growth trends (report title only cited in snippet).
Business Research Insights · 2026-07-13