Huawei and JETOUR NMS Join Forces to Redefine the Future of Smart Mobility
With a shared vision of elevating the consumer experience, Huawei and JETOUR are collaborating on groundbreaking innovations to enhance the smart driving experience.
With a shared vision of elevating the consumer experience, Huawei and JETOUR are collaborating on groundbreaking innovations to enhance the smart driving experience.
Huawei, the leading global provider of technology, and JETOUR National Motors Supplies (NMS), the official JETOUR dealer in Saudi Arabia, have signed a Memorandum of Understanding on February 19th, during the global launch of JETOUR T1. The agreement is set to drive forward a variety of joint projects aimed at delivering exceptional user experiences.
The partnership will see both companies working together on commercial promotions for JETOUR, utilizing innovative technologies and platforms to engage a broader audience.
With a shared vision of elevating the consumer experience, Huawei and JETOUR are collaborating on groundbreaking innovations to enhance the smart driving experience. They are working on integrating the HUAWEI Watch as a digital key for JETOUR vehicles, offering users a seamless and convenient way to unlock and access their cars.
Additionally, they are co-designing an exclusive HUAWEI Watch strap tailored specifically for JETOUR users, combining style with functionality. To enhance JETOUR’s design process, HUAWEI Pad and the HUAWEI Go Paint App will be leveraged to boost creativity and streamline efficiency. This collaboration aims to drive the future of smart mobility and digital innovation.
Other joint initiatives will include collaborative tourism projects and a special Ramadan event featuring in-store activities, designed to engage local communities and offer unique experiences for consumers.
William Hu, Managing Director of Huawei Consumer Business Group, Middle East and Africa Eco Development and Operation also shared: “Our partnership with JETOUR brings together automotive innovation and advanced technology. By combining our strengths, we look forward to developing projects that offer consumers greater convenience and excitement. We are eager to collaborate on these initiatives and explore new possibilities.”
Commenting on the partnership, Alex Tan, Vice President of JETOUR International, said: “We are thrilled to embark on this exciting partnership with Huawei. This collaboration signifies a major step forward in our mission to redefine the user experience. This represents an enrichment and expansion of ‘Travel+ lifestyle’ benefits. We are confident that the joint projects outlined in this MOU will have a profound impact on our brand and customers. By working closely with Huawei and leveraging the power of their cutting-edge technology, we aim to deliver innovative solutions that exceed expectations. Like our newly launched T1 model, which integrates high aesthetic design, seamless urban and off-road performance, and a comfortable driving experience, it can help owners unlock more intelligent and enjoyable driving experiences, empowered by Huawei’s innovative technologies.”
This MOU sets the stage for continued collaboration between JETOUR NMS and Huawei, with both companies poised to explore additional joint ventures in the future. Through this key partnership, the brands aim to transform the user experience in innovative and engaging ways.
Bahrain Tourism & Exhibitions Authority has launched a new campaign aimed at strengthening the Kingdom’s position as a preferred GCC tourism destination, spotlighting a packed calendar of entertainment, cultural, sports, and family-focused experiences.
Starbucks is laying off 300 U.S. corporate employees and shutting down several regional offices as CEO Brian Niccol pushes forward with a broader turnaround strategy aimed at cutting $2 billion in costs by 2028. The latest restructuring impacts roles across technology, marketing, finance, and R&D, while retail staff remain unaffected. The coffee giant will retain key offices in Seattle, New York, Toronto, Coral Gables, and its upcoming Nashville hub, as it continues streamlining operations and reshaping its corporate structure.
Following the successful launch of its Palais Collection, MAISON de SABRÉ has unveiled a new modular handbag system offering more than 720 styling combinations.
Towell Auto Group has introduced the legendary 212 off-road SUV brand to Oman, launching the Adventurer and flagship Navigator models built for rugged terrain, desert driving, and extreme 4×4 performance. Designed with authentic body-on-frame engineering and advanced off-road technologies, the 212 range brings over six decades of off-road heritage to Oman’s adventure-driven market.
Towell Auto Group officially introduced the legendary 212 4×4 SUV brand to Oman, bringing with it a heritage of true off-road capability engineered for enthusiasts who demand far more than conventional urban SUVs.
Purpose-built to conquer Oman’s diverse landscapes, from towering mountains and rugged wadis to deep desert terrain and rocky trails, the 212 arrives as a serious body-on-frame off-road SUV designed for adventure-seekers who value uncompromising capability, durability and adventure. The launch introduces two distinct models to Oman — the 212 Adventurer and the flagship 212 Navigator, both engineered to deliver robust 4×4 performance with advanced off-road technologies and inspiring mechanical engineering.
Sharing her thoughts at the launch, Ms. Abeer Riyadh Sultan, Executive Manager, MD’s Office, Towell Group, said, “The 212 represents authentic off-road engineering at its core. With its military-inspired heritage, advanced 4×4 technologies and exceptional capability, the 212 is purpose-built for Oman’s adventurous driving culture. We are proud to introduce a vehicle that delivers true off-road performance without compromise. We are confident that the true off-road enthusiasts will thoroughly enjoy every driving experience.”
Speaking at the occasion was Mr. Bruce, Sales director – Middle East Market, 212. He said, “The history of Beijing Auto Works and the 212 brand goes back to 1961, when the original 212 became one of the most recognized off-road vehicles built for durability, strength, and capability. Today, that legacy continues with a modern generation of vehicles designed for both adventure and everyday driving. Oman is a very important market for us. Its diverse landscapes, outdoor culture, and passion for exploration make it the perfect environment for the 212. Together with Towell Auto Group, we are excited to bring this iconic brand to the country and begin a strong long-term journey in the market.
Further strengthening the 212’s credentials in Oman is the trust certification awarded by the Oman Automobile Association (OAA) following extensive evaluation and testing conducted in specialised local conditions. This recognition highlights the vehicle’s proven ability to perform confidently across Oman’s demanding terrains while reinforcing the brand’s focus on engineering durability, reliability and true off-road capability.
At a time when many SUVs focus heavily on urban comfort and lifestyle styling, the 212 remains firmly rooted in authentic off-road engineering. Built on a body-on-frame ladder chassis using 99% high-strength steel, the 212 is designed to tackle extreme terrain with confidence and precision. Both the Adventurer and Navigator feature front, centre and rear differential locks, rigid axle suspension systems, multiple terrain drive modes and exceptional wading capability, features typically reserved for high-end dedicated off-road vehicles. Whether navigating steep mountain trails, crossing wadis or taking on Oman’s vast desert landscapes, the 212 has been developed to deliver dependable performance where it matters most.
Founded in 1958, Beijing Automobile Works (BAW) is one of China’s oldest and most respected automotive manufacturers. The iconic 212 was first introduced in 1961 and quickly earned a reputation for rugged reliability across military, government and civilian applications operating in some of the world’s harshest environments. Over more than six decades, the 212 has continuously evolved while remaining true to its original purpose, delivering dependable, go-anywhere capability backed by durable engineering and modern technology.
The 212 Adventurer combines rugged engineering with advanced off-road performance. It features a ground clearance of 235 mm, approach and departure angles of 40.3° and 35.5°, a wading depth of 659 mm and an impressive climbing capability of up to 80%. Powered by a 2.0L turbocharged engine producing 170 kW and 390 Nm of torque, the Adventurer is paired with an 8-speed automatic transmission and 10 selectable drive modes including Sand, Rock, Mud and Wade modes for demanding terrain conditions: 212 Adventurer prices starting from RO 11,999 (Excluding VAT)
The flagship 212 Navigator further elevates capability with a commanding 252 mm ground clearance, approach and departure angles of 42.1° and 38.3° and an extraordinary wading depth of 910 mm. Alongside its advanced 4×4 systems and triple differential locks, the Navigator is equipped with purpose-built accessories including a snorkel, cattle bar and trailer square mouth as standard, reinforcing its readiness for extreme off-road exploration.
The 212 range is now available in Oman through Towell Auto Group. Customers are invited to visit the 212 showroom in Al Hail to explore the Adventurer and Navigator models and experience their true off-road capability through a test drive.
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JetBrains has launched its open agent system across MENA, introducing JetBrains Air, Junie CLI, and JetBrains Central to help organizations scale AI adoption with stronger governance, cost visibility, and developer-focused infrastructure. The platform is designed to support autonomous coding agents through secure, open, and LLM-agnostic workflows built for enterprise-scale software development.
As organizations accelerate AI adoption, software teams are rapidly shifting from simple AI assistants to autonomous coding agents. Without the right infrastructure, this transition often results in fragmented workflows, unmanaged spending, governance gaps, and code that lacks deep project context. To address these challenges, JetBrains, the creator of intelligent software development tools trusted by over 15 million users, today announces the official MENA launch of its open agent system. JetBrains is bringing JetBrains Air, Junie CLI, and JetBrains Central to the region’s tech hubs to help organizations move beyond AI hype and achieve real adoption at scale. By providing a developer-grade cockpit combined with an organization-grade control plane, JetBrains is positioning itself as the default platform for this new era of agentic software development.
JetBrains Air is the Agentic Development Environment (ADE), designed to improve developer and team productivity through structured agentic workflows, collaboration, and task automation.
Junie CLI is a standalone autonomous agent that delivers JetBrains’ signature “deep project understanding” beyond the IDE into terminals and automation workflows.
JetBrains Central (part of the JetBrains Cloud Platform) enables AI adoption at the organizational level by solving “AI era” problems of fragmented governance and unclear ROI.
Real AI adoption is currently blocked by governance concerns and fragmented tooling,” says Nadia Rinsky, Head of GTM in MENA at JetBrains. “Our strategy in MENA is built on the principle of earned adoption – providing tools that have a clear ROI for both the developer and the organization. By combining openness with deep integrity, we enable teams to adopt agents incrementally without being forced into proprietary silos.”
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Aramex has partnered with Netzero to launch a smart tree initiative across Riyadh and Jeddah Industrial Cities, supporting Saudi Arabia’s Vision 2030 and Saudi Green Initiative through AI-tracked afforestation and long-term sustainability efforts.
Aramex, a leading global provider of comprehensive logistics and transportation solutions, has announced a partnership with Netzero, a Saudi-developed smart afforestation platform, to plant trees across the Riyadh and Jeddah Industrial Cities.
The smart tree sustainability initiative is a key step in Aramex’s ESG efforts, reinforcing its national and global environmental responsibilities, while directly contributing to Saudi Arabia’s Vision 2030 and the Saudi Green Initiative.
Speaking about the partnership, Abdulaziz Abdullah Al-Nowaiser, General Manager of Aramex in KSA, said: “Sustainability is not a peripheral commitment at Aramex – it sits at the centre of how we operate across every market we serve. In Saudi Arabia, we have a responsibility to contribute meaningfully to the country’s environmental ambitions, and this partnership with Netzero allows us to do exactly that. What makes this initiative stand apart is the rigour behind it: every tree is digitally tracked and independently verified, giving our customers, partners and regulators transparent, real-time evidence of the impact we are delivering. We are proud to be planting a green space in the industrial communities where we work every day.”
Reflecting on the partnership, Dr. Mohammed Alshaikh, Co-Founder of Netzero, said: “At Netzero, we believe that true sustainability is not achieved simply by planting trees, but by building a deeper connection between people and nature, and transforming environmental impact into tangible value that communities can truly experience. Through technology and innovation, we work to turn every tree into a measurable impact that supports sustainability goals, empowers communities, and contributes to building a more balanced and sustainable future for generations to come.”
The initiative will see Neem and Poinciana trees planted in targeted urban and industrial zones selected for their resilience under desert conditions. Both species are well-suited to high-temperature, low-rainfall environments and have been chosen for their capacity to enhance soil quality, provide shade and improve air quality in areas with dense operational activity.
By selecting species proven to support urban biodiversity and reduce ambient temperatures, the initiative is designed to deliver measurable benefits to the communities and ecosystems surrounding both industrial cities.
Founded in 2019 in the Kingdom of Saudi Arabia, Netzero has built its afforestation platform around Fourth Industrial Revolution technologies that digitize the full lifecycle of a tree, from planting and maintenance to carbon-sequestration estimation. Its Nabatik system creates a smart tree database that gives corporate partners continuous, auditable records of their afforestation activities.
The partnership also aligns with Saudi Arabia’s national environmental agenda. The Saudi Green Initiative has set a target of planting ten billion trees across the Kingdom, with corporate initiatives forming a key pillar of that effort.
Moreover, Netzero platform digitally logs, tracks and verifies each tree through locally developed AI and machine-learning tools, giving Aramex real-time visibility of its environmental impact and ensuring independent verification of carbon-offset data. The data generated will inform broader ESG reporting and identify further sustainability opportunities across its KSA operations. The initiative is part of Aramex’s broader efforts to address environmental concerns and combat climate change and aims to achieve Carbon-Neutrality by 2030 and Net-Zero emissions by 2050 across its global operations.
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Bahrain Tourism & Exhibitions Authority has launched a new campaign aimed at strengthening the Kingdom’s position as a preferred GCC tourism destination, spotlighting a packed calendar of entertainment, cultural, sports, and family-focused experiences.
The Bahrain Tourism & Exhibitions Authority (BTEA) launched a new campaign aimed at reinforcing the Kingdom’s position as a preferred GCC tourism destination. The promotion highlights a packed calendar of entertainment, cultural, sports, and family-focused experiences taking place across the Kingdom.
The campaign coincides with a diverse lineup of events being hosted in the country, including live concerts and theatrical productions in collaboration with Beyon Al Dana Amphitheatre. These will be held alongside festivals and entertainment activations such as the third edition of the Bahrain Summer Festival at Exhibition World Bahrain. Visitors can also enjoy family attractions, sports events, and shopping festivals across major malls and other tourist centers, creating a well-rounded tourism experience that combines entertainment, culture, and shopping in a single travel destination.
Ms. Sara Ahmed Buhiji, BTEA Chief Executive Officer said: “This initiative reflects the BTEA’s continued efforts to strengthen Bahrain’s position as a preferred destination for GCC families and other visitors by offering a unique tourism experience that brings together entertainment, culture, sports, shopping, dining, and family activities. It showcases the Kingdom as a destination that is easy to reach and rich in experiences, making it an ideal choice for weekend getaways and short holidays.”
She added that the program accompanying the campaign includes a variety of attractions catering to different interests and age groups, while reflecting the authentic Gulf hospitality that Bahrain is known for.
Buhiji added: “We look forward to welcoming GCC visitors to a vibrant season of events where families and friends can get together in a lively, enjoyable, and safe atmosphere, and in a country with an advanced tourism infrastructure that offers visitors a seamless and comfortable experience.”
The campaign will also feature travel packages and hotel offers developed in collaboration with hospitality and tourism sector partners, in addition to shopping promotions and diverse entertainment options, further enhancing the visitor experience and catering to GCC travelers seeking a nearby destination that combines familiarity with fresh and memorable attractions.
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Following the successful launch of its Palais Collection, MAISON de SABRÉ has unveiled a new modular handbag system offering more than 720 styling combinations.
Starbucks is laying off 300 U.S. corporate employees and shutting down several regional offices as CEO Brian Niccol pushes forward with a broader turnaround strategy aimed at cutting $2 billion in costs by 2028. The latest restructuring impacts roles across technology, marketing, finance, and R&D, while retail staff remain unaffected. The coffee giant will retain key offices in Seattle, New York, Toronto, Coral Gables, and its upcoming Nashville hub, as it continues streamlining operations and reshaping its corporate structure.
Starbucks SBUX 0.98%increase; green up pointing triangle is laying off 300 U.S. workers and closing several regional corporate offices in the latest move by Chief Executive Brian Niccol to turn the coffee chain around.
The company said Friday that chain leaders had been tasked with finding additional reductions beyond thousands of previous layoffs to streamline operations, lower costs and create a more sustainable business.
Starbucks said the 300 U.S. corporate roles are based in Seattle along with remote positions scattered around the country. They are in a variety of fields, including technology, marketing, finance, and research and development. Retail staff aren’t affected.
The company said it is closing regional corporate offices in Chicago, Atlanta, Dallas and Burbank, Calif. It will maintain North American regional offices in New York, Toronto and Coral Gables, Fla., along with its Seattle headquarters and a new Nashville, Tenn., corporate hub. It is reviewing its international corporate offices for possible cuts.
Starbucks is aiming to cut $2 billion in costs by the end of its 2028 fiscal year, helping balance out hundreds of millions of dollars in investment in cafe operations. The company is offering some executives stock bonuses valued at $6 million for helping to reach the goals.
Last year Starbucks laid off roughly 2,000 corporate employees in two rounds of reductions and eliminated hundreds of open positions. The chain closed hundreds of U.S. stores last year.
This year Starbucks said it would open a new $100 million corporate office in Nashville set to house 2,000 workers. The company is moving technology and supply-chain positions from Seattle to the new hub, while also creating new openings there.
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Many of the most-important events have slipped from our collective memories. But their impacts live on.
Following the successful launch of its Palais Collection, MAISON de SABRÉ has unveiled a new modular handbag system offering more than 720 styling combinations.
Australian luxury bag and accessories brand MAISON de SABRÉ has unveiled The Trio Collection, a new handbag concept centred on personalisation, interchangeable styling and the brand’s signature bold use of colour.
The launch follows the highly successful launch of the brand’s Palais Collection, which marked a new chapter for MAISON de SABRÉ with its use of butter-soft calf leather, dual-tone carryalls and elevated craftsmanship designed to blend luxury with functionality.
Now, the brand is taking a more playful and customisable direction.
The Trio Collection centres around The Soft Trio, a softly structured leather crossbody crafted from a single piece of full-grain European leather using a stitch-free trifold construction.
The collection also introduces interchangeable accessories including The Utility Strap, The Twist Handle and the limited-edition Bow Padlock Charm, allowing wearers to style the bag in more than 720 different combinations.
At a time when luxury fashion houses are increasingly leaning into personal expression and collectability, MAISON de SABRÉ’s latest release feels designed for customers who want one bag to shift across moods, outfits and occasions rather than sit quietly in a wardrobe.

For the first time, the brand has also introduced its vivid dual-tone colour combinations across an entire collection, including new shades Daisy Yellow and Brick Red alongside pairings such as Dove Sky, Candy Plum and Daisy Matcha.
“The Trio Collection is designed as a system of infinite possibilities,” said Omar Sabré, co-founder and creative director of MAISON de SABRÉ.
“It’s crafted to adapt, to transform and to carry with purpose – crafting a new approach to longevity through design.”
The collection continues the brand’s sustainability focus, with every piece crafted using DriTan™ leather technology sourced from LWG Gold-Rated European tanneries, while several accessories incorporate upcycled leather offcuts.
Prices start from $109 AUD for the limited-edition Bow Padlock Charm and rise to $559 AUD for The Soft Trio carryall.
Founded in 2017 by brothers Omar and Zane Sabré, the Australian-born label has built a global following through its colour-driven leather accessories and collectible SABRÉMOJI™ charms, with celebrities including Oprah Winfrey, Meryl Streep and Katy Perry among those seen carrying the brand.
Following the successful launch of its Palais Collection, MAISON de SABRÉ has unveiled a new modular handbag system offering more than 720 styling combinations.
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New research from eToro suggests the digital investing gap between younger and older UAE investors is narrowing, with both generations increasingly turning to AI, social media, and digital platforms for financial advice while continuing to grow their market exposure despite ongoing volatility.
There is an age-old debate on the generational divide when it comes to managing money. It often starts with familiar assumptions: the young are impulsive, the old play it too safe; the young are more tech-savvy, the old are not so plugged in.
But eToro shows a more nuanced picture, according to its latest UAE Retail Investor Beat survey data comparing investors aged 18-34 with those aged 35-62.
The survey found that older investors are just as digitally savvy as younger investors. Both groups use social media for financial advice at almost the same rate, as 39% of younger investors and 38% of older investors do so. Trust in AI for investment recommendations is also nearly identical: 76% of younger investors and 75% of older investors have acted on a recommendation by an AI engine. Rather than being concentrated among the youth, social media and AI usage has risen across both age groups from August 2025, the last time the survey was conducted.
A sharper distinction lies in older investors being more likely to seek financial advice from online platforms or brokers (57% vs 52% of younger investors), while younger investors are more likely to consult family, friends, colleagues and industry peers (67% vs 60% of older investors), suggesting a more social and interpersonal approach to decision-making.
It may come as a surprise that older investors show higher exposure to crypto (56% vs 53% of younger investors), commodities (61% vs 52%), but also cash (50% vs 46%). Allocations to equities and bonds, both foreign and local, are broadly equal between both age groups. This suggests a more barbelled approach among older investors, who may be pairing higher-risk assets with typically less-volatile ones, rather than simply playing it safe.
In terms of the sectors that UAE investors are currently invested in, the most popular ranking is the same across both age groups – financial services, followed by real estate and energy – but some sectors are more popular among one age group than the other.
Younger investors have a greater preference for technology (36% vs 32% of older investors), healthcare (26% vs 23%) and renewables (26% vs 24%), whereas older investors prefer energy (42% vs 38% of younger investors), financial services (51% vs 48%) and mining (28% vs 26%). This points to a younger investor base backing future-facing sectors linked to innovation and sustainability, while the more mature investors are more likely to support industries that are well established in the UAE.
Josh Gilbert, Market Analyst at eToro added: as they are earlier on in their investment journey, naturally younger investors are more likely to plan to invest in a wider array of sectors in the future to keep diversifying their portfolio. The sector they are most likely to invest in within the next three months is renewables (45%), while for older investors it is communications (40%).
Communications, including social media and telecoms companies, stands out as a point of equal conviction, with 27% of each age group currently invested and another 40% planning to invest in the next three months. While this feels almost instinctive among younger investors, its presence in older investors’ portfolios reflect the trust in the digital, social, and media ecosystems they are turning to for advice.
Likewise, the two groups share the same top three investing goals: to achieve financial independence, to supplement income, and to provide long-term security. However, there are still some divergences. Older investors are much more likely to invest to beat inflation (27% vs 23% of younger investors) and to supplement income (52% vs 44%).
On the other hand, younger investors are more likely to invest for fun (15% vs 11% of older investors), to retire early (19% vs 15%) and to generate capital for a future payment (28% vs 25%). So despite choosing to invest for fun, younger investors are also balancing it out with long-term financial planning.
Still in the wealth-building phase of their investing journey, 59% of younger investors increased contributions to their portfolio over the past three months (vs 55% of older investors), and even more plan for increases in the next three (68% vs 62%). A small minority of each group (9% of younger investors, 8% of older investors) decreased portfolio values in the past three months, against the backdrop of recent geopolitical tensions in the region.
The data shows that old assumptions are becoming outdated. The tide has turned. Social media, artificial intelligence and crypto are no longer the territories of young investors alone. Older investors are part of the digital mainstream now.
What stands out is that both groups are leaning into markets right now, with both younger and older investors looking to increase portfolio exposure. In an environment where markets have been anything but straightforward, with geopolitical noise, rate uncertainty and volatility a constant backdrop, it suggests investors are here for the long-term.
Furthermore, younger investors are not simply impulsive, and older investors are not simply cautious. Both are adapting to a more digital, diversified investment landscape, just in different ways.
Settling the debate, then, is recognising that age shapes investment behaviour in more nuanced ways than stereotypes allow.
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As quantum hardware moves closer to reality, organizations are already tapping into quantum AI to solve complex problems faster. A survey by SAS shows strong interest, but adoption is still slowed by unclear use cases, high costs, and limited talent—pushing businesses to take a cautious, ROI-focused approach.
As the supply chain to support quantum hardware stabilizes, many experts anticipate that this emerging technology will be popularized and production-ready by the early 2030s. Some assume that means benefitting from quantum now is out of the question.
Enter quantum AI, a powerful approach involving running machine learning algorithms on existing quantum hardware. In practice, applying quantum AI can look like helping organizations accomplish hours-long tasks in minutes, or rendering problems once considered impossible to realize on existing hardware. It can also look like calibrating models to learn efficiently on less data, bolstering stability over time – and much more.
So, with all its potential benefits, what’s holding back organizations from greater investment?
Data and AI leader SAS surveyed more than 500 global leaders across industries on quantum AI. In the first installment of the survey in 2025, high cost of implementation ranked as the number one barrier to adoption, followed by lack of understanding or knowledge. That’s changed in 2026.
The greatest barriers to quantum AI adoption in 2026 ranked as follows among survey respondents.
SAS looks at classical and quantum computing as a spectrum: with proven classical computing on one end, and experimental and exponentially more powerful quantum computing on the other. Many industry and business problems fall somewhere in the middle, with a hybrid approach splitting workloads: quantum processing and classical processing each doing what they do best.
“Organizations of all sizes are eager to develop intellectual property – their original, patented approach to quantum AI – so they’ll be ready as the technology comes of age,” said Bill Wisotsky, Principal Quantum Architect at SAS. “Despite continued strong interest, leaders are understandably proceeding with caution, and they don’t want to go all-in on expensive quantum investments they fear may not result in worthwhile use cases and solved problems.
“SAS is working to level the playing field, establishing real-world use cases for today, and ensuring that customers can get a piece of the quantum pie tomorrow.”
“This survey illuminates what SAS experts were already seeing in the market: that leaders are excited to use quantum, but the barriers to entry have been too high, and that requires a solution,” said Amy Stout, Head of Quantum Product Strategy at SAS. “SAS is excited to give a sneak peek of SAS Quantum Lab, a hands-on playground to learn and innovate for real-world ROI.”
Coming in Q4 to SAS Viya customers, SAS Quantum Lab is a launchpad for the quantum AI journey. It’s designed to be a complement to quantum experts on their existing work, and to empower users who may not be quantum physicists, but are ready to explore, test and validate their ideas. It significantly reduces the cost of quantum AI exploration and helps customers avoid false signals, all while exploring this powerful technology efficiently and credibly.
SAS Quantum Lab is currently being designed to include the following:
At the conclusion of the survey, respondents had the option to answer a write-in question: if they were currently working on quantum, what use cases did they hope to achieve, or what business problem would they like to solve? Responses included the following.
“If you’re ready to explore quantum AI, we’re ready to work with you,” added Wisotsky. “Bring your ideas, and our experts will help determine if and how quantum AI can be incorporated in ways that are valuable, safe and sensible.”
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OpenAI allowed employees to sell shares worth up to $30 million each, underscoring the unprecedented wealth being created by the AI boom even before companies reach public markets.
OpenAI allowed employees to sell up to $30 million worth of shares each in a recent financing, making them some of the earliest financial winners of the artificial-intelligence boom.
Last October, more than 600 current and former employees sold their shares in a single stroke, collectively making $6.6 billion. For roughly 75 of them, that meant walking away with the full $30 million, according to people familiar with the matter.
Some of them chose to give away the rest, putting their remaining shares in donor-advised funds—charitable investment accounts that commit money for philanthropic causes while also allowing donors to claim tax deductions for that year.
The sale offers a sneak peek into the flood of money that will soon hit San Francisco and other tech capitals. OpenAI and Anthropic are gearing up for what will likely be some of the largest IPOs in history, allowing their thousands of rank-and-file workers to unload their stock, turning many of them into multimillionaires.
OpenAI required employees to wait two years before they could sell their shares, meaning that the share sale marked the first time many who joined the company after ChatGPT launched were able to cash out.
No other tech boom in history has lavished that magnitude of wealth on such a swath of employees even before a public listing. Hundreds of companies went public in the dot-com boom, but in most cases their workers had to wait for a prolonged period even after the IPO to cash in. For some, the bubble burst before they could do so and they never realized the potential wealth.
The scale of AI pay packages for some highly specialized workers has been unprecedented in modern history. While early employees at Google and Facebook made millions after the companies went public, the scope of wealth creation for some AI specialists—especially non-founders—has reached greater heights.
Last year, Meta offered $300 million pay packages to some top researchers as part of a broader industrywide talent war. OpenAI offers yearly salaries that top $500,000 for some technical roles, according to its website, and is doling out far more stock-based compensation than other tech companies. Last August, it gave some staff members one-time bonuses, some of which were worth millions of dollars, The Wall Street Journal reported.
The newfound wealth is driving up rental prices in San Francisco, and sparking concerns about a growing class divide within the city. Some top AI executives have pledged to provide a large portion of their earnings to charity, alongside rank-and-file employees who didn’t expect to come across such life-changing wealth.
OpenAI is currently the world’s most-valuable tech startup, and employees who were at the company when it first issued shares seven years ago have seen the value of their stock grow more than 100-fold.
By comparison, the Nasdaq composite roughly tripled in the same period.
For most of Silicon Valley’s history, startup employees had to wait for an initial public offering before they could sell their shares. But as companies began staying private longer, some workers found themselves sitting on paper fortunes they couldn’t touch for long stretches of time. That led to the rising popularity of so-called tender offers, whereby employees could sell a slice of their shares to outside investors.
OpenAI has overseen several tender offers in recent years, but previously limited sales to $10 million per employee, frustrating some top researchers and engineers who were eligible to sell far more than that amount. The company said it tripled the cap last fall in response to demand from investors.
Top OpenAI executives have experienced even more of a windfall. President Greg Brockman holds equity worth about $30 billion, he said Monday during court testimony. Chief Executive Sam Altman has said he doesn’t own shares in the company, citing its nonprofit roots, though some investors expect him to receive equity if he prevails in a court battle with Elon Musk over OpenAI’s restructuring from a nonprofit into a for-profit company.
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Bosch is investing €200 million into its venture builder unit to accelerate innovation beyond its core business, focusing on areas like software-driven manufacturing, remote health monitoring, and carbon capture. By combining its industrial strength with startup agility and strategic partnerships, the company aims to launch 20 new ventures by 2030 and drive the next phase of technology-led growth.
Innovations and the development of new business areas have made Bosch the technology leader it is today. To expand its innovation landscape further, the company is investing around 200 million euros in its subsidiary Bosch Business Innovations over the next five years. As a corporate venture builder, the unit develops new business ideas beyond Bosch’s current core business and builds startups from the early stages onward. The aim is to systematically bring these to market maturity and also to develop new leading business models for Bosch.
To this end, Bosch Business Innovations has defined business areas in line with the Bosch strategy in which investments are to be prioritized and in which the market dynamics are an optimal match for Bosch’s competencies and technological expertise. The first of these are software-controlled manufacturing, remote health monitoring, and the capture, use, and storage of greenhouse gases. Further business areas will be added over the next four years, with the goal of having 20 successful startups in operation by 2030.
“Innovative strength and technology leadership are an integral part of Bosch’s history,” says Stefan Hartung, chairman of the board of management of Robert Bosch GmbH. “We have always continued to develop by identifying and investing in new technologies early and decisively – because innovation is our most important currency. We’re now significantly strengthening Bosch Business Innovations with financial resources so that new ideas have a home and the space to develop.”
Axel Deniz, CEO of Bosch Business Innovations, adds: “Our aim is to systematically develop new ideas beyond our current core business. To achieve this, we rely on Bosch’s strengths, in particular its technological expertise and patent power. We combine this structural advantage of a large company with the speed and flexibility of the startup world.”
To bring both worlds together in an optimal way, Bosch Business Innovations relies on a partnership model: it joins with experienced venture studios to build new business ideas from scratch and bring them quickly to market maturity. Bosch thus combines its own strengths – from technological expertise and patent power to industrial scaling – with the deployment speed and venture-building expertise of external partners. This creates a model in which opportunities and risks are deliberately shared and innovations are systematically put into implementation.
The focus is on the founders: Bosch Business Innovations is also open to external entrepreneurs in particular and gives them a crucial head start. They are involved in the company at an early stage, take on responsibility, and play an active role in shaping the startup from the very beginning. In addition, external investors are involved early on so as to tap into additional capital and market access. The approach is supported by specialized partners who contribute market and technology trends and facilitate access to international startup ecosystems.
In the field of remote health monitoring, Bosch Business Innovations sees a rapidly growing market that has thus far remained fragmented. Bosch already has a strong healthcare ecosystem that includes the Robert Bosch Hospital and numerous hospital partnerships. This is complemented by Bosch’s technological expertise: among other things, the company is the global market leader for MEMS sensors, which are indispensable in remote health monitoring.
In software-controlled manufacturing, Bosch looks to its own industrial strength as well as its expertise in data, software, and AI. Targeted investments in startups are intended to create platform-based business models for software in manufacturing operations.
The third defined investment area is carbon capture, a strategic area of development. Bosch is examining ways in which industrial decarbonization and carbon capture from the ambient air can be translated into business models.
Bosch Business Innovations evolved from grow platform GmbH, a wholly owned Bosch subsidiary that developed internal startups within the company. The previous portfolio was restructured by Bosch Business Innovations. The aim is to create viable future prospects within or outside Bosch for all existing teams. For example, Bosch Advanced Ceramics achieved an important milestone at the end of 2025: the ceramic 3D printing specialist was successfully sold to Sintokogio, a leading provider of industrial equipment and manufacturing solutions.
Bosch Business Innovations is thus establishing itself as a further pillar of innovation activity at Bosch. The other pillars include, among others, the extensive research and development activities across the company and the existing venture capital unit, Bosch Ventures.
Parts for iPhones to cost more owing to surging demand from AI companies.
AWS and OpenAI are expanding their partnership to bring advanced AI models and agents to Amazon Bedrock, combining cutting-edge intelligence with enterprise-grade security, governance, and scalability. With new offerings including OpenAI models, Codex, and Managed Agents on Bedrock, businesses can now build and deploy AI solutions more efficiently within the cloud infrastructure they already trust.
Today, we are announcing a major expansion of our partnership with OpenAI that brings frontier AI to the infrastructure millions of organizations already trust. Enterprises want to build with the most capable AI models and agents available. They also need the security posture, operational maturity, and data governance that production workloads demand. Starting today, we are bringing those together with three new offerings, all in limited preview:
Together, these launches give customers the choice and flexibility to use the best models for their use case, on the world’s most broadly-adopted cloud.
Amazon Bedrock is built on the principle that customers should choose the best model for every use case. We are excited to announce that starting today, the latest OpenAI models will be available on Amazon Bedrock. For the first time, AWS customers will be able to access OpenAI frontier models through the services they already use for model access, fine-tuning, and orchestration. This means customers can evaluate and deploy OpenAI models alongside models from Anthropic, Meta, Mistral, Cohere, Amazon, and other leading providers, all through a single, consistent service with unified security, governance, and cost controls.
OpenAI models on Bedrock inherit the full set of enterprise controls customers already depend on: IAM-based access management, AWS PrivateLink connectivity, guardrails, encryption at rest and in transit, comprehensive logging through AWS CloudTrail, and integration with existing compliance frameworks. There is no additional infrastructure to configure and no new security model to learn. Customers can apply OpenAI model usage toward their existing AWS cloud commitments and consolidate AI spend alongside their broader AWS workloads. For organizations already managing significant cloud investments on AWS, this simplifies procurement and financial governance.
Codex is quickly becoming one of the best examples of how AI agents can do work inside the enterprise. More than 4 million people use Codex every week to automate coding work, write and refactor code, explain complex systems, generate tests, and accelerate software delivery. With Codex on Amazon Bedrock, enterprise teams can access the OpenAI coding agent within the AWS environments where they already operate at scale. Customers can authenticate using their AWS credentials, process inference through Amazon Bedrock infrastructure, and apply Codex usage toward their AWS cloud commitments. Codex on Bedrock is available through the Bedrock API, starting with the Codex CLI, the Codex desktop app, and Visual Studio Code extension.
Today’s most capable AI agents have shown what frontier reasoning models can do: perform complex, multi-step work with minimal human intervention. OpenAI frontier models and agentic capabilities represent the leading edge of what’s possible. However, production AI applications require more than intelligence, they also require the enterprise infrastructure, security, and operational foundation to run them reliably at scale. Additionally, they require memory that persists across sessions, skills that encode procedures, identity that enforces the right permissions, and compute options that are appropriate for the task. Today, teams build and assemble these components, which can be complex. To address these needs, we’re excited to introduce Amazon Bedrock Managed Agents, powered by OpenAI. Bedrock Managed Agents combines OpenAI frontier models and agentic capabilities with AWS’s global infrastructure, security, and the breadth of services that millions of organizations already depend on. With Bedrock Managed Agents, deploying production-ready OpenAI-powered agents on AWS is fast and straightforward, so you can focus on what your agents should do, not the infrastructure behind them.
Bedrock Managed Agents is optimized for OpenAI models on AWS. It is built with the OpenAI agent harness, which is engineered to unlock the full potential of OpenAI frontier models, delivering faster execution, sharper reasoning, and reliable steering of long-running tasks. Security and governance are built in from the moment you deploy: every agent operates with its own identity, logs every action for auditability, and runs inside your environment with all model inference on Amazon Bedrock. As customers scale to hundreds of thousands of agents across the enterprise, they benefit from the globally scalable AWS infrastructure, and proximity to the data, applications, and services they already rely on.
Box is the leading Intelligent Content Management platform, helping over 115,000 organizations fuel collaboration, manage their entire content lifecycle, secure critical content, and transform business workflows with enterprise AI. “Enterprises are currently looking to deploy agents to deliver solutions that take their organization into the next phase of AI,” said Ben Kus, CTO at Box. “With Amazon Bedrock Managed Agents, powered by OpenAI, developers can build optimized, production-scale AI applications that bring together the strengths and capabilities of OpenAI’s latest models with the scale, security, and infrastructure of AWS. That combination will result in agents that continuously learn what works over time, tailor responses to each user’s specific environment, and operate with the governance and auditability enterprises require, all running on the cloud we already trust.”
Bedrock AgentCore is the open platform to build, connect, and optimize agents at scale using any model and framework. Bedrock Managed Agents is optimized for building agentic solutions with OpenAI frontier models and agentic capabilities. If you’re building on Bedrock Managed Agents, AgentCore is a natural complement. AgentCore provides the default compute environment for Bedrock Managed Agents, and as your agent footprint expands across your enterprise, AgentCore and Bedrock Managed Agents will provide additional capabilities such as authorization policy enforcement, agent and agent tool discovery, and observability and evaluation capabilities.
This is the beginning of a deeper collaboration between AWS and OpenAI. As OpenAI pushes the frontier of reasoning and agentic capabilities, AWS and OpenAI will continue to bring the latest advances to Amazon Bedrock—so the models and agents you build with today continue to benefit from new breakthroughs as they arrive.
The sports-car maker delivered 279,449 cars last year, down from 310,718 in 2024.
Brands are starting to meet customers where conversations already happen. From Starbucks to Zillow, companies are launching apps inside ChatGPT to drive discovery, engagement, and product guidance in real time. While challenges around visibility, data ownership, and conversions still exist, the shift signals a bigger move—ChatGPT is quickly becoming a new front door for how users interact with brands and make decisions.
For years, companies have been looking to replicate the smooth conversational experience of ChatGPT with artificial-intelligence agents and chatbots on their websites. Now some are finding there might be value in cozying up to ChatGPT itself.
OpenAI in recent weeks has seen a surge in businesses publishing so-called ChatGPT apps, including rollouts from Starbucks, Little Caesars Pizza and Wyndham Hotels last month.
These apps are a way for users to engage with brands directly inside the ChatGPT interface, getting answers and advice on products and services. Often they will take users right up until the point of action, directing them to Little Caesars’s own mobile app or website, for example, when they are ready to place or pay for an order.
OpenAI announced the capability in October 2025 but said it recently streamlined its process for approving apps, one reason for the recent burst.
Brands say the upshot is customer proximity. “We wanted to meet our customers where they are,” said Neelima Sharma, senior vice president of omnichannel and e-commerce technology at Lowe’s, whose ChatGPT app went live in February.
But the business value of some of these apps remains hazy, with brands citing issues with discoverability, data sharing and ownership of the customer relationship as challenges that still need to be worked out.
An OpenAI spokesperson said the company is seeing strong momentum around apps, with hundreds of apps live and new apps launching every day.
“We’re still in the very early days of this ecosystem, and we recognize there’s more work to do to make the experience better for brands and users alike. Over time, we expect ChatGPT to become the primary way that many users interact with the key products and services in their personal and work lives,” the company spokesperson said.
For OpenAI, making ChatGPT a go-to interface for consumer experiences is a critical component as it gears up for a potential initial public offering as soon as this year. The Wall Street Journal reported last week that OpenAI missed targets for new users and revenue, while rival chatbots like Anthropic’s Claude, which has its own nascent version of apps, rose in popularity in recent months. OpenAI Chief Financial Officer Sarah Friar said in a post this week that OpenAI hit its “aggressive plan” in the first quarter.
Several companies say ChatGPT is the chatbot of choice for consumers and they are building apps there first before Claude. They also say they have been working with OpenAI to address some of the challenges.
“Discoverability, I think, is a top one for us,” said Josh Weisberg, head of AI at Zillow. The real-estate tech platform was one of the earliest companies to roll out a ChatGPT app back in October.
Typically, users have to “connect” to an app from OpenAI’s app directory, accessible by clicking the three dots under “more” on the upper left hand corner of the ChatGPT home screen, then later make a point of officially telling ChatGPT to invoke it when they are ready to use it.
OpenAI’s app developer terms don’t guarantee discoverability, but the company said it is experimenting with ways to surface apps more directly within conversations, without explicit invocation.
“Our models are consistently improving in how and when they invoke apps in response to user queries,” the company said.
That experience can be a problem for brands trying to reach more users, said John Campbell, head of innovation and AI at media agency Roast, which advises companies on optimizing their visibility inside of AI chatbots.
“The average person who’s using [ChatGPT] for discovering a product or planning a holiday, they probably don’t know about these apps,” he said.
The other problem, Campbell said, is a lack of compelling use cases inside some of the apps.
“The Starbucks one is basically a little interactive game to find out your ideal drink,” he said. You still have to go to Starbucks’s own app or website to make the purchase.
Starbucks SVP of Digital and Loyalty Paul Riedel said the app is a beta experience and “an opportunity for us to listen, learn, and refine as we go.”
Although it is possible to build the order and purchase capabilities into ChatGPT apps today, some companies don’t want that.
Little Caesars, which rolled out its app in April, said it liked keeping the ultimate transaction on its own platform. That way, it still owns the customer relationship and receives the relevant customer data from the purchase, said Derek Shon, global director of Product Strategy for Little Caesars Enterprises.
Sharing metrics and usage data also has been tricky.
“We’re working with them on the metrics that we would like to see, versus what they’re capable of providing,” said Scott Strickland, chief commercial officer of Wyndham Hotels & Resorts, which launched its app in April.
OpenAI confirmed it would share some stats on usage, but the cadence is slower than what Strickland is used to with other app managers like Apple, he said.
“We haven’t gotten any of those metrics,” Strickland said.
OpenAI said it is hoping to invest more in app analytics over time.
Paine Schwartz joins BERO as a new investor as the year-old company seeks to triple sales.
Anthropic is partnering with Blackstone, Goldman Sachs and other major firms in a $1.5 billion joint venture to accelerate AI adoption across businesses, targeting private equity portfolios with consulting-led integration of advanced AI tools.
Anthropic is creating a joint venture with Blackstone, Goldman Sachs GS -2.21%decrease; red down pointing triangle and a handful of other Wall Street firms that aims to sell artificial-intelligence tools to companies, including those backed by private-equity firms.
The companies’ Monday announcement confirmed a Sunday report from The Wall Street Journal.
The company is expected to act as a consulting arm for Anthropic and help teach businesses—including the private-equity firms’ portfolio companies—how to incorporate AI across their operations.
Anthropic, Blackstone and Hellman & Friedman are anchoring the deal and are each expected to invest roughly $300 million, according to people familiar with the matter.
Goldman Sachs is putting in around $150 million, the people said. General Atlantic, Leonard Green, Apollo Global Management, GIC, and Sequoia Capital are also involved. All told, about $1.5 billion is expected to be committed, the people said.
OpenAI has also been in talks to form a rival joint venture with private-equity firms that spreads adoption of its own AI tools.
Both AI juggernauts are focusing their efforts on selling AI tools to businesses and see those backed by private-equity firms as a prime target, given that many are already focused on improving efficiency and cutting costs. Anthropic is widely seen as the industry leader in the enterprise market, though OpenAI is working hard to catch up.
Anthropic is eyeing a public listing that could take place as soon as this year. The company’s revenue skyrocketed in recent months thanks to the success of its coding tool, Claude Code.
News Corp, owner of the Journal, has a content-licensing partnership with OpenAI.
Two coming 2027 models – the first of the “Neue Klasse” cars coming to the U.S. early next year – have been revealed.
Red Sea Global is boosting access to The Red Sea destination for Eid Al-Adha with 32 additional flights between May 21–31, enhancing connectivity from Riyadh, Jeddah, Dubai, and Doha to meet rising demand for premium, experience-led travel.
Red Sea Global (RSG) is expanding access to The Red Sea destination for Eid Al-Adha by adding 32 extra flights between May 21–31 to meet rising holiday demand.
The enhanced schedule improves connectivity for both domestic and international travellers, with 46 flights from Riyadh, 18 from Jeddah, and eight each from Dubai and Doha, offering greater flexibility for holidaymakers and last-minute travel plans.
The increased capacity reflects growing interest in experience-led tourism within Saudi Arabia, as visitors seek premium short-haul escapes.
Two coming 2027 models – the first of the “Neue Klasse” cars coming to the U.S. early next year – have been revealed.
Consumer spending in Saudi Arabia rose by 1% to reach SR150.1 billion, driven by a 28% surge in e-commerce, despite a decline in cash withdrawals, signaling a continued shift toward digital payments.
Consumer spending in Saudi Arabia recorded one percent increase, reaching SR150.1 billion during March 2026 compared to SR148 billion in the same month of 2025, an increase of SR2.1 billion.
According to the data released by the Saudi Central Bank (SAMA), sales through points of sale in Saudi Arabia increased by one percent in March 2026, reaching approximately SR66.1 billion compared to the same period in 2025. The data also showed that sales during March were conducted through 997.2 million transactions via 2.4 million devices.
Cash withdrawals from ATMs during March dropped by 11 percent, reaching SR48.6 billion, compared to withdrawals in March 2025. These cash withdrawals were made through 14,500 ATMs belonging to operating banks and the Saudi network, across 125.1 million transactions. The number of issued bank cards reached 66.9 million.
According to the data, e-commerce sales via Mada cards rose to SR35.4 billion during March 2026, a 28 percent increase compared to the same period in 2025. These sales were made through 200.3 million transactions. E-commerce sales include Mada card transactions used for payments and purchases through shopping websites and mobile applications.
Consumer spending in Saudi Arabia encompasses cash withdrawals, point-of-sale (POS) sales, and e-commerce sales via Mada. POS transactions represent consumer spending using debit and credit cards at major shopping centers, retail stores, pharmacies, and other outlets.
Following the successful launch of its Palais Collection, MAISON de SABRÉ has unveiled a new modular handbag system offering more than 720 styling combinations.