…of global financial rails.” Global ambitions The expansion comes as African fintech startups seek regulatory licences across multiple jurisdictions to facilitate faster cross-border payments, particularly between developed markets and emerging economies where correspondent banking remains costly and fragmented. Accordi…
…one of Japan's quietest listing seasons, at a time when the government has been telling startups to sell themselves rather than go public. Go drew investments from BlackRock, Wellington Management, and M&G Investment Management in the process, underscoring where global institutional money is willing to go in Japan righ…
…reaction that powers the sun to generate nearly limitless energy here on Earth. If startups are able to complete commercially viable fusion power plants, then they have the potential to upend trillion-dollar markets. The bullish wave buoying the fusion industry has been driven by three advances: more powerful computer…
…stronger innovation ecosystems, more technical talent, and more globally competitive startups. AI could inject $2.9 trillion into the African economy, about a 3% annual increase in GDP. But there is a growing risk that the AI conversation is becoming too narrowly focused on the people building the technology, rather th…
…the status quo. So we saw an opportunity to do something interesting. I also built startups during my time with ScanGroup on the continent, and I’d turned those ventures into successes. That gave me the confidence to build something here and succeed. Manish (centre), Shayne Aman Premji, co-founder and CFO, and John Ngu…
On Thursday, Google graduated 15 startups from eight African countries through its Google for Startups Accelerator Africa programme in Nairobi. Most of these startups are building artificial intelligence (AI) into core products in payments, transport, agriculture, healthcare and enterprise software. Google said 60% of…
…come knocking. The world model space that General Intuition is playing in is heating up. Startups like Runway, Decart, and World Labs have all recently released world models, and Google's Genie 3 recently began integrating Google Maps data for more real-world simulation capabilities. All of these companies see gaming a…
…approved the orders unanimously. FERC also provided an opening to grid tech startups, directing grid operators to consider "alternative transmission technologies." The commission didn't name specific technologies, but the directive could include things like solid-state transformers or superconducting transmission lines…
…ones were the hottest companies in this batch - both the ones they were watching and the startups they heard other VCs couldn't get enough of. This list consists primarily of companies that had been flagged by at least two investors as the buzziest in the batch. That excitement translated into larger rounds and massive…
…than half a year. However, the WSJ reports that this is a split-priced round, a tactic startups are using to boost their headline valuation and make lead investors look good on paper. Some investors in this latest funding round are reportedly coming in at a $13 billion valuation, while others at $11 billion, sources to…
…a broader trend in which established tech incumbents are looking to buy AI-native startups to integrate agentic technologies into their existing product suites, the source told TechCrunch. Elastic, which went public in 2018, is best known for Elasticsearch, the search and analytics engine that helps organizations store…
…to have compute clusters deployed for several customers by the end of the year. Other startups, like the inference cloud General Compute, have bigger ambitions - the company announced a $300 billion chip order when it came out of stealth last month. Carlsten says she doesn't need big chip commitments to realize Smartbi…