Affinity Africa, a Ghana-based digital banking platform, raised seed funding to provide affordable and accessible financial services to underserved and unbanked individuals and micro, small, and medium enterprises (MSMEs).
Apptronik, a University of Texas spin-out specializing in building humanoid robots, on Thursday, February 13, announced a $350 million Series A round of financing.
United States-based chip toolmaker company Lam Research said it will invest more than 100 billion rupees ($1.2 billion) in the southern Indian state of Karnataka in the next few years.
Baidu chief executive officer Robin Li said on Tuesday, February 11, that investments in data centers and cloud infrastructure are still necessary, even though the example demonstrated by DeepSeek contains reasons to doubt the cost efficiency of large artificial intelligence models.
European Commission President Ursula von der Leyen said on Tuesday, February 11, that the European Union would mobilize a total of 200 billion euros ($206.5 billion) to invest in artificial intelligence in the region.
As Paris is hosting the Artificial Intelligence Action Summit, French President Emmanuel Macron revealed that the local AI ecosystem has secured €109 billion in private investments.
In partnership with global tech leaders, the Kingdom of Saudi Arabia prepares the fertile ground for local AI development, dedicating almost $15 billion to advanced AI-powered projects.
Although sustainability is at the top of the agenda for many global countries, initiatives promoting sustainable practices and technologies are not always favoured by institutional investors. Whether they lack clear statistical justification of the innovation utility or lack impact scale, reasons for the lack of funding might be different but the outcome is the same […]
SoftBank Group chief executive officer Masayoshi Son on Monday, February 3, announced that he has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan to offer artificial intelligence services to corporate clients.
Grayscale Investments is launching the Grayscale Dogecoin Trust, boosting institutional adoption among the enhanced interest in memecoins.
Trump Media and Technology Group launches a fintech brand Truth.Fi aligned with the broader DeFi ecosystem through its planned investments in Bitcoin and other digital assets.
Humanity Protocol has secured a fully diluted valuation of $1.1 billion after raising $20 million in a funding round co-led by Jump Crypto and Pantera Capital.
The success of an open-source AI model, DeepSeek, created by a Chinese startup, caused significant declines in major tech stocks, including Nvidia, Microsoft, and Meta.
Meta Platforms Inc. chief executive officer Mark Zuckerberg said on Friday, January 24, that in the current year, this technology giant intends to invest up to $65 billion in projects related to artificial intelligence.
Citi predicts an increase in momentum in Asian fundraising for technology companies in the current year.
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