AI investments surged 62% to $110 billion in 2024 while startup funding overall declined 12%, says Dealroom
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…
Ghanaian fintech Affinity bags $8M to scale digital banking in a mobile money-driven market
Ghanaian fintech Affinity bags $8M to scale digital banking in a mobile money-driven market Africa’s top digital banking platforms typically dominate high-growth, populous markets like Nigeria, South Africa, and Egypt.…
Instagram is introducing teen accounts with new safety features in India
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…
EU looks to the private sector to help fund ‘AI Gigafactories’, eyeing the frontier AI race
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…
QED leads $11M investment in Nigerian fintech Raenest
QED leads $11M investment in Nigerian fintech Raenest As Africa’s tech ecosystem booms, more local talent is landing remote jobs with Big Tech firms and global startups. But getting paid…
Two senior partners are leaving Peak XV amid strategy shift
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…
Google changed the Gulf of Mexico to the Gulf of America on Maps
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…
Zeta valued at $2B in new funding
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…
Apple and Google take down malicious mobile apps from their app stores
Apple and Google take down malicious mobile apps from their app stores Apple and Google have pulled as many as 20 apps from their respective apps for carrying a data-stealing…
Plaid working with Goldman Sachs on raising $300M to $400M in tender offer
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…