As large language models from Western tech firms show the potential to disrupt everything from marketing, teaching, to coding, China is rushing to cultivate its home-grown AI pioneers by stepping up state support. Beijing is now seeking public opinion on a draft policy aimed at developing artificial general intelligence, or AGI, a category of AI…
Founders of Lifelong Online have bought back a majority ownership and control in the Indian house of brands from Thrasio in what appears to be a retreat for the “Amazon aggregator” from the key overseas market. Existing investors of Lifelong, Tanglin Venture Partners and Hero Enterprise, also increased their ownership in Lifelong Online. Thrasio will…
Stock futures higher on debt ceiling optimism; Tesla gains as musk says he’ll stay on as CEO, spend less time at Twitter; Target earnings on deck as retail picture remains mixed; Cisco Systems edges higher ahead of Q3 earnings after the bell and President Biden to cut Asia trip short as debt ceiling talks show…
The electric vehicle maker will start advertising its cars…
Egyptian fintech Axis has launched its digital payments platform to the North African market after securing a license from the apex bank, Central Bank of Egypt (CBE), for its open-loop mobile wallet, axisPay, which offers a digital banking alternative for small businesses and their employees. This is coming almost 18 months after the startup received…
Jia, a blockchain-based fintech providing loans to micro and small businesses in emerging markets, has raised $4.3 million seed funding, and an additional $1 million commitment for on-chain liquidity, in a round led by early-stage backer TCG Crypto, with participation from a number of funds including BlockTower, Hashed Emergent, Saison Capital, and Global Coin Research.…
Aldagram, a startup out of Japan developing project management software for construction companies, has picked up a new strategic backer to help it build out its footprint across Asia and the Middle East. Panasonic, the consumer electronics giant that also develops solar panels, air conditioning units and many other products for its sizable buildings and…
Logitech is moving forward with its handheld gaming console focused on cloud gaming as the company is about to launch its device in Europe. In addition to this release, the company is still actively releasing software updates for the Logitech G Cloud. The Logitech G Cloud will become available gradually between May 22 and June…
It’s the ultimate accessory for the iPad…
The shift may address a growing criticism…