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AI investments surged 62% to $110 billion in 2024 while startup funding overall declined 12%, says Dealroom

Venture capitalists are gobbling up term sheets for startups peddling artificial intelligence, even as they remain picky when it comes to funding the wider spectrum of technology. According to new

Uncategorized3 months ago

Ghanaian fintech Affinity bags $8M to scale digital banking in a mobile money-driven market

Africa’s top digital banking platforms typically come from high-growth, populous markets like Nigeria, South Africa, and Egypt. But Affinity Africa, an upstart from Ghana, wants to join the conversation. The

Uncategorized3 months ago

Instagram is introducing teen accounts with new safety features in India

Instagram said Tuesday that the platform is introducing its teen accounts feature, which has extra protective measures for safety for users in India, one of its biggest markets with over

Uncategorized3 months ago

EU looks to the private sector to help fund ‘AI Gigafactories’, eyeing the frontier AI race

The European Union is courting the private sector as it looks to step up compute capacity for training large AI models. Giving a speech at the AI Action Summit in

Uncategorized3 months ago

QED leads $11M investment in Nigerian fintech Raenest

As Africa’s tech ecosystem booms, more people from the region are landing remote jobs with big tech firms and global startups. But getting paid remains a challenge for many of

Uncategorized3 months ago

Two senior partners are leaving Peak XV amid strategy shift

Two senior partners are leaving Peak XV, the largest India-focused venture capital firm, four sources familiar with the matter told TechCrunch. Shailesh Lakhani, a 17-year veteran of the firm, and

Uncategorized3 months ago

Google changed the Gulf of Mexico to the Gulf of America on Maps

Google Maps officially updated the name of the Gulf of Mexico to the Gulf of America on Monday. Among many other executive orders, President Donald Trump decreed on the day

Uncategorized3 months ago

Zeta valued at $2B in new funding

Zeta, a provider of banking software to banks and fintech startups, has raised $50 million from a strategic investor at a $2 billion valuation. The new investment from American healthcare

Uncategorized3 months ago

Apple and Google take down malicious mobile apps from their app stores

Uncategorized3 months ago

Plaid working with Goldman Sachs on raising $300M to $400M in tender offer

Plaid, a company that connects bank accounts to financial applications, is working with Goldman Sachs on a deal to allow early-stage investors and employees to sell existing shares, which will

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