OpenseedVC Reaches First Close of $10m Fund for Early Stage Startups across Africa and Europe
Female-led OpenseedVC has reached the first close of its $10 million angel-style early-stage fund, hoping to reach the final close within a year.
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Blockchain Gaming Saw Nearly $1B Investments in April
Blockchain gaming investments reached $988 million in April, the highest amount since January 2021.
AI Startup CoreWeave Raises $7.5 Billion in Debt Deal
Startup CoreWeave, which specializes in building artificial intelligence infrastructure, was able to raise $1.1 billion in equity funding round and $7.5 billion in debt for larger investments in its cloud data centers.
Kenya and U.S. to Partner on Developing Green Manufacturing Base
The partners will focus on clean energy, electric vehicle supply chains, and data centers. The new deal will leverage Kenya’s green energy production to help U.S. companies shrink their carbon footprint.
OpenAI Rolls Out First Improvements to Data Analysis in ChatGPT
The fresh improvements will be available to ChatGPT Plus, Team, and Enterprise users over the coming weeks. What changes for the users of the popular OpenAI bot?
Ghana & Singapore Complete Cross-Border Transaction in Semi-Fungible Token Pilot Project
The Digital Economy Semi-Fungible Token (DESFT) Project between Ghana and Singapore is intended to encourage trade between MSMEs in these two countries.
Tassat and Glasstower Collaborate on B2B Payments for Multinational Corporations
Tassat Group and Glasstower Digital announced the beginning of cooperation to facilitate the procedure for making cross-border digital B2B payments.
Dwolla and Visa Collaborate on Account Verification for Pay-by-Bank
Dwolla and Visa announced a joint effort to simplify the process for medium and large businesses to use the pay-by-bank system to make payments and receive transactions of the corresponding category.
Avidbank Taps CorServ to Roll Out New Commercial Credit Card Program
Avidbank, based in California, has asked CorServ, which is located in Georgia, for assistance in launching a new credit card program for commercial customers of a financial institution.
Baidu Revenue Grows
Baidu Inc.’s revenue for the first quarter of 2024 showed the slowest growth rate in more than a year.
Dell Shares Rise
Last Wednesday, May 15, Dell shares rose by more than 11% after Morgan Stanley raised its price target and released a forecast that this technology company, based in Round Rock, Texas, will increase sales in the foreseeable future amid high demand for artificial intelligence servers.
Dow Crosses 40,000
On the morning of Thursday, May 16, the Dow Jones index crossed the 40,000-point mark for the first time in its history.
Bipartisan Group of US Senators Unveil Plan to Control AI
The federal legislation of the United States aimed at regulating the artificial intelligence industry has become closer to the current technological reality after on Wednesday, May 15, Senate Majority Leader Chuck Schumer, along with a bipartisan trio of senators, announced work on an extensive action plan that will become a kind of concept for congressional […]
Seamless Middle East 2024 Conference (Dubai): Photo Report
Seamless Middle East 2024 (Free Middle East 2024) is the 24th conference held at the Dubai World Trade Center. It brings together entrepreneurs from all over the world under one roof. We have a photo report from the scene. This year’s event, which will last three busy days (from May 14 to 16), gathered more than 25,000 […]
Japan’s Economy Contracts
During the first quarter of the current year, Japan’s economy contracted.
US Inflation Slows
In April, a decrease in the inflation rate was recorded in the United States, which was not just economic news, but a kind of source of the positive for local citizens, who have recently faced increasing price pressure and lack of significant prospects for improving the economic situation.
