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Verod-Kepple Africa Ventures (VKAV) plans to back up to 21 growth-stage companies across the continent after closing its first fund at $60 million. The pan-African VC hit the milestone following fresh backing from Nigeria’s SCM Capital formerly Sterling Capital Markets Limited, and the only non-Japanese investor. Other recent investors (limited partners) include Taiyo Holdings and […]

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Ransomware gangs are increasingly calling up victim organizations to extort and intimidate rank-and-file employees.

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With Metalab Ventures, the venture arm will play the role of a long-term value investor, essentially “putting our money where our mouth is,” CEO Luke Des Cotes said.

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I was happy — excited, even — to check out Shure’s latest USB microphone. Its predecessor, the MV7, has been my default podcasting mic since it was launched toward to end of 2022. I’ve recorded more than 100 episodes of my show on the thing — not to mention using it for meetings, social engagements […]

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Lucid Motors delivered more EVs in the first quarter of 2024 than it has in any other quarter, though it set the record by a very slim margin. The Saudi-backed, California-based electric vehicle company said Tuesday morning that it shipped 1,967 luxury sedans in the quarter. That’s just a few more than it shipped in […]

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In February, Demis Hassabis, the CEO of Google‘s DeepMind AI research lab, warned that throwing increasing amounts of compute at the types of AI algorithms in wide use today could lead to diminishing returns. Getting to the “next level” of AI, as it were, Hassabis said, will instead require fundamental research breakthroughs that yield viable […]

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