AGP Executive Report
Last update: 7 hours agoAutonomous Mobility: WeRide and Uber plan Spain’s first commercial robotaxi pilot in Madrid, with rides via the Uber app and scaling expected later this year, building on deployments in Abu Dhabi, Dubai and Riyadh. Cybersecurity: Israel’s MazeBolt launched RADAR VectorAI to generate AI-made DDoS attack vectors and test enterprise defenses against both known and newly generated threats. AI Infrastructure Funding: Alphabet says it will raise up to $80B via stock sales, with Berkshire Hathaway pledging $10B, to expand AI data-center capacity. Defense Tech Funding: Mach Industries raised a $300M Series C at a $1.8B valuation as the Pentagon’s “drone dominance” push boosts valuations across defense-tech. Regional Tech & Markets: Asia markets stayed cautious on US-Iran ceasefire uncertainty while AI plays gained; Europe’s tech stocks rose after STMicroelectronics lifted data-center forecasts. Food Security & Energy: Egypt reported wheat procurement topping 4.3M tons (86% of target) and said it can serve as an energy hub linking the Caspian region to Europe. Business Climate: Pakistan’s business confidence fell sharply in Q2 as Middle East escalation hit inflation, fuel costs and investment plans.
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