Technology

Hazmat suits, PCR tests, quarantines, and contact tracing—it was hard not to feel déjà vu last week when China’s Center for Disease Control and Prevention published new guidance on how to contain a disease outbreak.  But what was happening was not another covid wave. Rather, the Chinese government was addressing a potentially significant new public…

After announcing plans nearly two years ago, defense alliance NATO has officially closed its first fund to back startups that are building technology strategic to NATO’s own goals in defense and security. Member nations are collectively committing capital totalling €1 billion (around $1 billion at current rates) to the NATO Innovation Fund, which plans to […]

Indian entrepreneur Bhavish Aggarwal, co-founder of ride-hailing firm Ola and electric vehicle startup Ola Electric, is venturing into fresh terrain as he navigates his businesses towards initial public offerings. He has set up an AI startup that seeks to develop a large language model and is currently scouting two U.S.-headquartered AI startups for a potential […]

Rapyd, the fintech-as-a-service startup that provides APIs to enable payments, card issuing, digital wallet and other financial services to companies like Uber and Ikea, is taking a significant step forward in its growth with a big acquisition: it is paying $610 million to acquire a giant piece of PayU — the payments group of internet […]

When Google had its unpleasant realization that it had been complacently spinning its wheels on a form of fake AI for a decade, chances are it started re-aligning itself that day. And it sounds like Assistant itself is now getting a generative facelift, according to an internal email reported by Axios. The email says that […]

When Kevin Systrom and Mike Krieger co-founded Instagram in 2010, they basically invented photo-based social networking in the modern mobile era. Fast-forward to 2012 and a $1 billion acquisition by Facebook — and then again to 2018 when Systrom stepped down to research his next company. That’s one heck of an eight-year ride. Fast-forward once […]

Travel is back on the agenda after a Covid-19 hiatus, and today a mobile startup is announcing a healthy round of funding to capitalize on that. Airalo — which uses software-based eSIM connectivity to provide a wide range of lower-cost mobile data packages, nearly 700 in all, for international travellers — has raised $60 million […]

The company added a social media hub for automated posts and ads as well as an AI-enabled “Super Assistant” to help with navigating through the application and digitizing customer interactions.