Consolidation continues in micromobility as Cooltra snaps up Cityscoot
Paris’ commercial court has accepted Cooltra’s offer to acquire Cityscoot. These two companies provide shared electric mopeds that you can unlock and ride to go from one place to another. Cityscoot had been placed under court-ordered receivership several months ago. As interest rates hovered around 0% in Europe, micromobility startups
Read moreHashtag Trending Feb.22- ChatGPT generates gibberish responses; Japan tries to get back its chip manufacturing; New app to cut back on food waste
ChatGPT starts spewing gibberish. Critics complain about the environmental impact of AI and the secrecy of the major players, Japan aims to get back its chip manufacturing and a new app that saves money, cuts back on wasted food and reduces greenhouse gases. These and more top tech stories
Read moreWhy is Endpoint Protection So Important?
In today’s digital age, safeguarding our online information is paramount, especially for businesses. This underscores the significance of “endpoint protection.” But what exactly constitutes an endpoint? Essentially, it encompasses any device linked to your business network, such as computers, smartphones, or tablets. Why is Endpoint Protection Necessary? Imagine your business
Read moreHohm Energy to scale adoption of rooftop solar across South Africa, backed by $8M seed
In the face of South Africa’s worsening energy crisis, marked by increasingly severe power shortages, implementing daily electricity rationing has become imperative to avert the risk of a nationwide grid collapse. According to the state-owned power generator Eskom, the country witnesses a significant power deficit, surpassing 6,000 megawatts on occasion.
Read moreKLM Utilizes AI to Tackle Food Waste Onboard Flights
KLM Royal Dutch Airlines has significantly reduced food waste on board aircraft by harnessing the power of artificial intelligence. Through AI programs, the company can accurately predict the number of passengers who will actually board a flight based on their bookings. This enables KLM to calculate the exact quantity of
Read moreThe future landscape of cybersecurity
The convergence of Generative AI (GenAI) and cybersecurity has emerged as a critical battleground amid ongoing digital transformation. “Our emphasis is on seamlessly integrating Generative AI into cybersecurity frameworks, ushering in a new era of digital protection. Our team’s extensive experience in deploying AI algorithms to analyze extensive datasets, detect
Read moreUber says firm to explore integration with India’s ONDC
Uber has signed a memorandum of understanding with an Indian government-backed program that aims to make mobility and commerce more accessible across the South Asian nation. The ride-hailing giant said Thursday that it will explore an integration with Open Network for Digital Commerce (ONDC) to explore integrations with the network
Read moreBacked by Chinese carmaker Great Wall, Haomo raises $14M for autonomous driving tech
After a few years of funding frenzy, autonomous driving companies in China are experiencing a slowdown in investment. Some companies are still hauling in capital, though the era of bankrolling several hundred million dollars in a single round has mostly passed. Haomo.ai, an autonomous driving startup backed by Chinese automaker
Read moreInstagram launches its marketplace to connect brands and creators in 8 new countries
Instagram said today that it is expanding its marketplace tool to connect brands with creators for paid partnerships or ads in eight new countries. The new markets that will get access to this marketplace include Canada, Australia, New Zealand, the United Kingdom, Japan, India, and Brazil. The company first started
Read moreAntler’s founder on its vertical AI bet in Southeast Asia
A growing roster of vertical AI startups is emerging in Southeast Asia to serve sectors ranging from seafood to finance. Singapore-based venture capital firm Antler recently made a bet on 37 of them, investing $5.1 million in total for pre-seed deals. Antler also announced a partnership with Khazanah, Malaysia’s sovereign
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