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Category Archives: Tech
UK and US refuse to sign international AI declaration
It follows a warning from US Vice President JD Vance that excessive regulation could “kill a transformative industry.”
In Paris, JD Vance skewers EU AI rules, lauds US tech supremacy
At the AI Action Summit in Paris this week, the U.S. declined to sign the statement summarizing the resolutions. But it did make an appearance: Vice President J.D. Vance gave a speech to the audience of dignitaries, tech leaders and … Continue reading
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Google backs Toonsutra to grow its webtoons platform in India
It’s no news that India is a huge market for entertainment businesses, but what often doesn’t get mentioned is that its people love to see content in their own languages. According to a recent survey by non-profit Internet and Mobile … Continue reading
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Affirm plans to bring Buy Now, Pay Later debit cards to more users through deal with FIS
Affirm is working with fintech company FIS to bring its debit card to more banks.
Musk’s $97.4-billion bid for OpenAI aims to ‘slow down a competitor,’ Sam Altman says
Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion. OpenAI CEO Sam Altman said Musk is aiming to “slow down a competitor.”
EU says AI race ‘far from over’ as bloc pledges 50-billion-euro investment boost
European Commission President Ursula von der Leyen said Tuesday that the race for AI leadership had not yet been won by China or the U.S.
JD Vance says U.S. will defend American AI and block efforts to weaponize the tech
Vice President JD Vance said the U.S. will safeguard American artificial intelligence and chips and block efforts to “weaponize” the critical technologies.
AI chatbots unable to accurately summarise news, BBC finds
The BBC’s head of news and current affairs says the developers of the tools are “playing with fire.”
AI investments surged 62% to $110B in 2024 while startup funding declined 12%, says Dealroom
Venture capitalists are gobbling up term sheets for startups peddling artificial intelligence, but they’re remaining picky when it comes to funding the wider spectrum of technology. According to new figures from analytics firm Dealroom, AI startups raised $110 billion last … Continue reading
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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 startup has raised $8 million in seed funding to expand … Continue reading
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