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OpenAI will benefit from unity of purpose with Sam Altman’s return

November 22, 2023

In case you missed it, Sam Altman is back as OpenAI CEO. His reinstatement comes after a whirlwind few days in which we saw unusual corporate governance lead to an attempt to oust Altman, despite support from both Microsoft and the vast majority of OpenAI’s workforce. While the whole process was incredibly messy, the result […]

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Osium AI uses artificial intelligence to speed up materials innovation

November 22, 2023

While everybody is trying to figure out how artificial intelligence can be leveraged across various industries, French startup Osium AI has found an interesting use cases for AI — research and development in materials science. Founded by Sarah Najmark and Luisa Bouneder, the startup raised a $2.6 million seed round from Y Combinator, Singular, Kima Ventures, […]

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Sunbird pauses its efforts to bring iMessage to Android amid security worries

November 22, 2023

Sunbird, which aims to bring iMessage to Android users, has halted development and pulled its app from the Play Store amid security issues raised this week. Earlier this week, the company sent a notification to its users, as noted by 9to5Google first, saying that it is pausing the development of the app to investigate security […]

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FrontEdge raises $10M in debt, equity from TLG, Flexport to facilitate trade for African exporters

November 22, 2023

In the dynamic landscape of African international trade, a prevalent challenge looms large: A mere 30% of trade volumes find financial intermediaries in banks. This glaring gap in financing disproportionately impacts small and medium-sized enterprises (SMEs), as their larger counterparts absorb the lion’s share of the limited available capital.  The opportunity to reshape African trade […]

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Cameroonian healthtech Waspito gets $2.5M seed extension to scale, tap offline patients

November 22, 2023

Cameroonian health startup Waspito has secured a $2.5 million seed extension from DP World through Newtown Partners, Saviu Ventures, AAIC Investment, Axian ventures and CFAO’s Health54 to spur its growth in the Francophone region. Waspito is a health-focused social network that allows users (patients) to access and consult with verified doctors over video calls. Additionally, […]

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Callyope monitors mental health through speech-based technology

November 22, 2023

French startup Callyope isn’t your average startup as it is addressing a very hard problem in a highly regulated industry. The startup is building a remote patient monitoring platform for people living with schizophrenia, bipolar disorders and potentially other mental health issues. And the company is using the patient’s voice for this monitoring tool. Callyope […]

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Lightspeed finalizing leading $80M-plus funding in Pocket FM

November 22, 2023

Audio series platform Pocket FM has topped $160 million in annual recurring revenue and is inching closer to raising over $80 million in a new funding round, three sources familiar with the matter told TechCrunch. Lightspeed, an existing investor in Pocket FM, is in advanced stages of talks to lead the funding round into the […]

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OpenAI’s initial new board counts Larry Summers among its ranks

November 22, 2023

Meet OpenAI’s new board of directors: Bret Taylor, Larry Summers and Adam D’Angelo. Or, more precisely, the board for the time being. Around 1 a.m. Eastern Time on Tuesday, OpenAI announced that, after the company’s previous board of directors abruptly fired Sam Altman as CEO last Friday, it had reached an agreement “in principle” for […]

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Sam Altman to return as OpenAI CEO

November 22, 2023

Sam Altman is returning to OpenAI as its chief executive, the high-profile AI startup said Wednesday, capping an intense five days of discussions, debates and convincing following the sudden dismissal of Altman from the startup he co-founded. OpenAI, which is the most valuable U.S. startup, said it has reached an “agreement in principle” for Altman’s […]

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