Safaricom Launches M-PESA Powered Investment Fund
Safaricom announced the official launch of Ziidi MMF in collaboration with two fund managers, Standard Investment Bank and ALA Capital Limited. The Product allows Customers to control, grow and manage their finances and wealth with free deposits and withdrawals via their M-PESA wallet. Ziidi MMF is a unit trust, governed
Read moreMadrona just announced its biggest fund ever, closing on $770M as other venture funds grow smaller
Seattle-based Madrona Capital is celebrating its 30 years in business by raising $770 million in fresh capital. This is the firm’s largest fundraise to date, exceeding $690 million across two funds Madrona closed in 2022. While an 11% capital pool upsize may not seem significant, any increase at a time
Read moreReliance plans world’s biggest AI data centre in India, report says
Mukesh Ambani’s Reliance is planning to build what could become the world’s largest data center in Jamnagar, India, with a capacity of three gigawatts to capitalize on surging AI demand. The facility would dwarf the current largest data center, Microsoft’s 600-megawatt site in Virginia, Bloomberg reported Friday. The project could
Read moreTesla’s redesigned Model Y is coming to North America in March for $60,000
Tesla has announced that its redesigned Model Y SUV is coming to the U.S., Canada, and Mexico in March, with a starting price just shy of $60,000. The news comes just two weeks after Tesla first revealed the new-look Model Y and said it was coming to China and other
Read moreEven some of the best AI can’t beat this new benchmark
The nonprofit Center for AI Safety (CAIS) and Scale AI, a company that provides a number of data labeling and AI development services, have released a challenging new benchmark for frontier AI systems. The benchmark, called Humanity’s Last Exam, includes thousands of crowdsourced questions touching on subjects like mathematics, humanities,
Read moreJetBrains launches Junie, a new AI coding agent for its IDEs
JetBrains, the company behind coding tools like the IntelliJ IDE for Java and Kotlin (and, indeed, the Kotlin language itself), on Thursday launched Junie, a new AI coding agent. This agent, the company says, will be able to handle routine development tasks for when you want to create new applications
Read moreTrump orders formation of working group to evaluate crypto stockpile
President Donald Trump on Thursday ordered the formation of a working group to propose federal regulations for “digital assets” — including cryptocurrencies, digital tokens, and stablecoins — and evaluate a national crypto stockpile. Ex-PayPal COO and founder of VC firm Craft Ventures David Sacks, Trump’s pick for crypto an AI
Read moreOpenAI says it may store deleted Operator data for up to 90 days
OpenAI says that it might store chats and associated screenshots from customers who use Operator, the company’s AI “agent” tool, for up to 90 days — even after a user manually deletes them. OpenAI has a similar deleted data retention policy for ChatGPT, its AI-powered chatbot platform. However, the retention
Read moreEveryone wants MrBeast on their TikTok bid, but he hasn’t committed yet
MrBeast is in talks to join a number of bids to buy TikTok, but he hasn't chosen any of them exclusively yet. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreAnthropic’s new Citations feature aims to reduce AI errors
In an announcement perhaps timed to divert attention away from OpenAI’s Operator, Anthropic Thursday unveiled a new feature for its developer API called Citations, which lets devs “ground” answers from its Claude family of AI in source documents such as emails. Anthropic says Citations allows its AI models to provide
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