March 14, 2026

Lawyer behind AI psychosis cases warns of mass casualty risks

AI chatbots have been linked to suicides for years. Now one lawyer says they are showing up in mass casualty cases too, and the technology is moving faster than the safeguards.

Nigeria’s MyCover.ai to scale its open insurance API platform with new funding

July 19, 2023
Africa’s insurance market is expected to grow at a compound annual growth rate (CAGR) of 7% between 2022 and 2028, reaching $120 billion. Though seemingly impressive, the insurance industry in Africa could be worth more if insurance penetration on the continent wasn’t extremely low, less than 3%, according to reports. As a result, traditional insurers […]

Reliance-backed Dunzo defers staff pay amid funding search

July 19, 2023
Dunzo, a hyperlocal delivery startup in India, is postponing employee salaries for a month and intends to settle remaining dues from the previous month also in September as Google and Reliance Retail-backed startup hunts for new funding. The Bengaluru-headquartered startup told employees Wednesday that it will not be able to pay the remainder of their […]

Neura Robotics picks up $55M to ramp up in cognitive robotics

July 19, 2023
Neura Robotics, a German startup that since 2019 has been building cognitive robots — machines that possess memory, the ability to operate across a complex and changing mix of variables, and can collaborate with people (“cobots” as Neura calls them) — has raised $55 million. It plans to use the funding to fuel more R&D […]

Korean fashion platform Musinsa bags $190M Series C led by KKR at a $2.7B valuation

July 19, 2023
Musinsa, a Seoul-based fashion marketplace, said Wednesday it has raised a $190 million round of Series C funding led by KKR, with participation from Wellington Management.  The new capital put Musinsa’s valuation at approximately $2.76 billion (more than 3 trillion won), per sources familiar with the situation. The Korean fashion e-commerce startup declined to provide […]

Shark Tank India investors fall short on pledges

July 19, 2023
Over a year following the inaugural season of the Indian edition of Shark Tank, the seven esteemed investors made good on less than half of their investment pledges, according to a new analysis, the latest in a series of criticisms for the show. The “sharks” overall invested in only 27 of the 65 investment pledges […]

Former NHTSA head blasts Cruise’s ‘Humans are terrible drivers’ ad

July 19, 2023
A former administrator of the National Highway Traffic Safety Administration (NHTSA) has responded to a full-page ad taken out in several major newspapers by Cruise, General Motors’ self-driving subsidiary, that calls humans terrible drivers. The ad points to the nearly 43,000 crash fatalities in 2022 and promotes autonomous vehicles as the solution. “Using the pain […]