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More than two-thirds of UAE business leaders say Artificial Intelligence-led innovations will be even more important to their companies in a post-Covid era, according to General Electric.
More than three-quarters of UAE executives expect AI will improve the remote work experience for employees, allowing more people to work from home and focus on more high-level productive tasks, according to the 2020 GE Global Innovation Barometer survey released on Wednesday.
Nearly 40 per cent said AI will be an indispensable tool in the fight against Covid-19 and possible future pandemics, while 38 per cent said AI will reduce costs, giving employees more job security.
Another unicorn – Indian SaaS startup Zenoti enters the coveted club with a $160 million funding
Sanchita DashDec 15, 2020, 11:06 IST
Zenoti/Facebook
Zenoti, a Software-as-a-Service startup catering to the beauty and wellness industry, has raised $160 million in a series D round of funding.
The round was led by Advent International, while it also saw participation from existing investors Tiger Global and Steadview Partners.
With this,
Zenoti becomes the fifth SaaS-based Indian startup to become a unicorn.Zenoti, a Software-as-a-Service startup catering to the beauty and wellness industry, has
raised $160 million in a series D round of funding with a valuation of over a billion dollars. The round was led by Advent International, while it also saw participation from existing investors Tiger Global and Steadview Partners.