Browsing: investment
Amazon says it will commit up to $230 million to startups building AI-powered apps. The investment, about $80 million of which will fund Amazon’s second AWS…
Cards are gaining ground in Egypt, with over 30 million in circulation (prepaid cards, in particular, are used more than debit and credit cards combined). This…
Climate tech startups raised $8.1 billion in the first quarter, a near-record amount of money that suggests the quiet shutdown of 2023 could have been more…
The OpenAI Startup Fund, a venture fund related to — but technically separate from — OpenAI that invests in early-stage companies typically related to artificial intelligence…
After years of easy money, the AI industry is facing a reckoning. A new report from the Stanford Institute for Human-Centered Artificial Intelligence (HAI), which studies…
The United States Commerce Department on Monday proposed investing up to $6.6 billion to finance a third Taiwan Semiconductor Manufacturing Company Limited (TSMC) plant in Arizona.…
By any benchmark, Accel is among the leading venture capital firms in India. With nearly two dozen Indian unicorn startups, including several top tiers, Accel’s track…
Amazon invested an additional $2.75 billion in growing AI powerhouse Anthropic on Wednesday, following an option it left open last September. The $1.25 billion he invested…
Web3 investment firm Borderless Capital acquires CTF Capital to bring AI and quant expertise
Capital without bordersan investment firm specializing in web3, announced on Tuesday that it is acquiring CTF Chapter, a Miami-based quantitative trading and asset management firm with…
Uber leads $100m investment in African mobility fintech Moove as valuation hits $750m
Movementan African mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers, has raised $100 million in a funding round as it plans to…