The generative AI boom is driving the demand for AI chips, which are purpose-built to train and run generative AI models. And major players, from VCs...
AI “agents” are generative AI models that can perform actions autonomously, like copying info from an email and pasting it into a spreadsheet and have been...
Formation Bio, a startup focused on applying AI to drug development with backing from OpenAI CEO Sam Altman, has raised over a quarter-billion dollars to support...
The airline industry is headed for record revenue this year — $996 billion — as the demand for travel soars. But the margins remain razor-thin. According...
In partnership with Good morning ☀️ Our friends at Resilience17, a leading early-stage VC, will be in VI Lagos for an AI Builders event on Thursday. ...
Stability AI, the beleaguered generative AI startup behind Stable Diffusion, has raised new cash. But it won’t reveal how much. Greycroft, Coatue Management, Sound Ventures, Lightspeed...
Joseph Phillips and William Corbera, both of whom come from entrepreneurial backgrounds, have been friends for over a decade. Corbera co-founded RevoPay, a payments processing platform...
Devs often rely on local environments — i.e. their laptops — to write, build and test code before shipping it to a cloud service to integrate...
A relatively new startup called EvolutionaryScale has secured a massive tranche of cash to build AI models to generate novel proteins for scientific research. EvolutionaryScale today...
Yet another generative AI venture has raised a bundle of money. And, like the others before it, it’s promising the moon. Emergence, whose co-founders include Satya...
OpenAI is on an M&A tear. Days after acquiring database tech firm Rockset, OpenAI has purchased Multi (previously Remotion), a startup developing a enterprise-focused, video-first collaboration...
The majority of companies struggle to extract value from their data. Several years ago, Forrester reported that between 60% and 73% of data belonging to the average business...
OpenAI has acquired a company, Rockset, building tools to drive real-time search and data analytics. In a post on its official blog, OpenAI said that it...
AI-powered language learning app Speak is on a tear. Since launching in its inaugural market of South Korea in 2019, Speak has grown to over 10...
Two years after its launch, Africa Seed I, the Africa-focused fund of Paris-based VC firm, Breega has reached first close with $50 million in funding secured....
Move over, Perplexity. There’s a new AI-powered search engine in town — and its creators think it can best the many, many other attempts out there....
Brothers Tobie Morgan Hitchcock and Jaime Hitchcock spent years building cloud-based software-as-a-service (SaaS) systems together, ranging from tools to let golf courses measure “golfer engagement” to...
Amazon says that it’ll commit up to $230 million to startups building generative AI-powered applications. The investment, roughly $80 million of which will fund Amazon’s second...
In partnership with Good morning ☀️ In another startling change, your Likes are now private on X (Twitter). While this means people can’t check your profile...
Ecobank Transnational Incorporated, a pan-African financial institution with a national banking licence in Nigeria, will sidestep the Nigerian Exchange and other capital markets in its plan...
Google has acquired Cameyo, a company developing virtualization tools to run Windows apps on ChromeOS devices, for an undisclosed amount. In a blog post, Cameyo CEO...
Databricks, the analytics and AI giant, has acquired data management company Tabular for an undisclosed sum. (CNBC reports that Databricks payed over $1 billion.) According to...
Owners of small- and medium-sized businesses check their bank balances daily to make financial decisions. But it’s enterpreneur Yoseph West’s assertion that there’s typically information and...
In partnership with Good morning ☀️ YouTube Music is working on a feature that could make Shazam redundant. Over the weekend, it announced a new feature...
In partnership with Good morning ☀️ In Adamawa, a North Eastern State in Nigeria where the temperature has risen to 50°C this past month, over 400...
Leanne Sherred, a pediatric speech therapist, has long encountered challenges putting caregiver-led therapy into practice in traditional care settings. Research suggests that caregiver-led speech therapy, which...
In 2021, Roi Ravhon, Asaf Liveanu and Yizhar Gilboa came together to found Finout, an enterprise-focused toolset to help manage and optimize cloud costs. (We covered...
Generative AI makes stuff up. It can be biased. Sometimes, it spits out toxic text. So can it be “safe”? Rick Caccia, the CEO of WitnessAI,...
Spiro, an India-based electric vehicle company, has signed a $50 million debt financing deal with Afreximbank to expand its offering in its existing markets. The company...
At least 2000 Africa’s chief executive officers, five heads of state, investors, and media are in Kigali from Thursday to Friday for the African CEO Forum...
Engineers Adam Keating and Jeremy Andrews were tired of using spreadsheets and screenshots to collab with teammates — so they launched a startup, Colab, to build...
In partnership with KuCoin halts naira P2P KuCoin has suspended peer-to-peer trading using the Nigerian naira (NGN) on its platform. The crypto trading platform announced the...
Call centers are embracing automation. There’s debate as to whether that’s a good thing, but it’s happening — and quite possibly accelerating. According to research firm...
Alerzo, the B2B e-commerce company backed by Nosara Capital and FJ Labs, laid off at least 70 employees in early February despite raising funds twice in...
Close to a decade ago, brothers Aviv and Matteo Shapira co-founded Replay, a company that created a video format for 360-degree replays — the sorts of...
While taking a long road trip across the U.S. years ago, Sanish Mondkar realized that there were stark, problematic disconnects between employers and the staff they...
Thomas Li was working at Point72, the hedge fund founded by notorious investor Steve Cohen, when he realized that the financial industry relies heavily on manual...
As DocuSign reportedly explores a sale to private equity, it’s acquiring a company itself. On Monday, DocuSign announced that it’s buying Lexion, a contract workflow automation...
Renda, a Nigerian logistics startup that counts Jumia and MarketForce as top clients, has raised $1.9 million in pre-seed funding as interest in Africa’s logistics sector...
FCMB will seek shareholder approval at a general meeting to raise ₦150 billion in new capital by selling stocks or bonds. The new capital will help...
Entrepreneurs Al Yang and Adar Arnon met at Harvard Business School and quickly realized that they had an interest in common: cybersecurity. “We’ve witnessed an evolving...
AI is supercharging coding — and developers are embracing it. In a recent StackOverflow poll, 44% of software engineers said that they use AI tools as...
Besides a focus on generative AI, what do AI startups like OpenAI, Anthropic and Together AI share in common? They use Stainless, a platform created by...
Diddo is an API for streaming services and other platforms to integrate shoppable videos, enabling consumers to buy their favorite characters’ clothing and accessories directly on...
In partnership with Good morning ☀️ TechCabal Insights has partnered with the Japan International Cooperation Agency (JICA) to release a report on the Nigerian startup scene....
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TLcom Capital, a Nairobi-based VC firm that has backed startups like Vendease, Seamless HR, and uLesson, has reached a final close for TIDE Africa II, a...
The Nigerian Financial Intelligence Unit (NFIU) has alleged that the proscribed Indigenous People of Biafra (IPOB) is funding its terrorism activities through sports betting platforms and...