Stay Ai’s tech helps Shopify brands get customers to make that second purchase
Stay Ai developed a recurring commerce enablement platform for subscriptions, clubs and memberships with loyalty tools to help brands increase customer lifetime value.
Welcome to Kenya’s Great Carbon Valley: a bold new gamble to fight climate change
The earth around Lake Naivasha, a shallow freshwater basin in south-central Kenya, does not seem to want to lie still. Ash from nearby Mount Longonot, which erupted as recently as the 1860s, remains in the ground. Obsidian caves and jagged stone towers preside over the steam that spurts out of fissures in the soil and…
Technology
The Download: AI transparency, and Twitter’s transformation
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. It’s high time for more AI transparency In less than a week since Meta launched its open source AI model, LLaMA 2, startups and researchers have already used it to develop a chatbot…
Brevel sprouts $18.5M to develop microalgae-based alternative proteins
Brevel developed a proprietary technology that combines fermentation and light to make a protein from microalgae that is sold to food companies as a powder for use in plant-based products.
Cloud camera security startup Solink raises $60M
Solink, a company that provides physical security systems for businesses, including closed-circuit camera analytics, today announced that it raised $60 million in a Series C round led by Goldman Sachs with participation from Omers Ventures and BDC IT Ventures. Co-founder and CEO Michael Matta said the cash will be put toward growing Solink’s client base […]
Atomos Space books launch to demonstrate rendezvous, docking and refueling in-orbit
In-space logistics startup Atomos Space will launch its first demonstration mission on SpaceX’s Transporter-10 in the first quarter of 2024, as the company looks to gain an early foothold in the emerging market for orbital transfer services. The five-year old company will send up two spacecraft, an orbital transfer vehicle (OTV) called Quark and a […]
Wayfair’s new app uses generative AI to transform your space
Generative AI is good for more than marketing copy and anime-style avatars — or so Wayfair wants you to think. Today, Wayfair launched a new app with a cutesy name, Decorify, that lets customers create “shoppable,” “photorealistic” images of rooms in their homes or apartments in new styles. After uploading a picture of the space […]
It’s high time for more AI transparency
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. That was fast. In less than a week since Meta launched its AI model, LLaMA 2, startups and researchers have already used it to develop a chatbot and an AI assistant. It will be only a matter…
African governments are collaborating with innovators to strengthen local health supply chains
Last year, global healthcare consulting firm Salient Advisory surveyed more than 80 companies across four African countries for a report emphasizing the growth of startups digitizing the continent’s health supply chain and distribution and regulatory frameworks governing e-pharmacy activities. This time, the firm went deeper into Africa’s health supply chain segment, broadening the scope of […]
Blow for Flutterwave as Kenyan court declines request to withdraw case
Plans by Kenya’s Assets Recovery Agency (ARA) to withdraw its second case against African fintech giant Flutterwave have been shot down by the country’s third highest court, the High Court. The agency had in August last year frozen $3 million belonging to Flutterwave, Hupesi Solutions, and Adguru Technology Limited on suspicion of money laundering and […]
Elon Musk and Mark Zuckerberg should cage fight over whose rebrand is worse
Elon Musk is the best thing that could have ever happened to Mark Zuckerberg. As Musk begins to change Twitter’s branding to X, Facebook’s rebrand to Meta doesn’t seem all that bad. Zuckerberg might be good at lifting weights these days, but he still needs to pull Meta out from a seriously rough few years. […]