Category Archives: Tech

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Musk’s $97.4-billion bid for OpenAI aims to ‘slow down a competitor,’ Sam Altman says

Posted on February 11, 2025 by Techme101

Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion. OpenAI CEO Sam Altman said Musk is aiming to “slow down a competitor.”

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EU says AI race ‘far from over’ as bloc pledges 50-billion-euro investment boost

Posted on February 11, 2025 by Techme101

European Commission President Ursula von der Leyen said Tuesday that the race for AI leadership had not yet been won by China or the U.S.

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JD Vance says U.S. will defend American AI and block efforts to weaponize the tech

Posted on February 11, 2025 by Techme101

Vice President JD Vance said the U.S. will safeguard American artificial intelligence and chips and block efforts to “weaponize” the critical technologies.

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AI chatbots unable to accurately summarise news, BBC finds

Posted on February 11, 2025 by Techme101

The BBC’s head of news and current affairs says the developers of the tools are “playing with fire.”

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AI investments surged 62% to $110B in 2024 while startup funding declined 12%, says Dealroom

Posted on February 11, 2025 by Techme101

Venture capitalists are gobbling up term sheets for startups peddling artificial intelligence, but they’re remaining picky when it comes to funding the wider spectrum of technology.  According to new figures from analytics firm Dealroom, AI startups raised $110 billion last … Continue reading →

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Ghanaian fintech Affinity bags $8M to scale digital banking in a mobile money-driven market

Posted on February 11, 2025 by Techme101

Africa’s top digital banking platforms typically come from high-growth, populous markets like Nigeria, South Africa, and Egypt. But Affinity Africa, an upstart from Ghana, wants to join the conversation. The startup has raised $8 million in seed funding to expand … Continue reading →

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Instagram is introducing teen accounts with new safety features in India

Posted on February 11, 2025 by Techme101

Instagram said Tuesday that the platform is introducing its teen accounts feature, which has extra protective measures for safety for users in India, one of its biggest markets with over 350 million users. The company introduced Teen Accounts last year … Continue reading →

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EU looks to the private sector to help fund ‘AI Gigafactories’, eyeing the frontier AI race

Posted on February 11, 2025 by Techme101

The European Union is courting the private sector as it looks to step up compute capacity for training large AI models. Giving a speech at the AI Action Summit in Paris on Monday, the EU’s president, Ursula von der Leyen, … Continue reading →

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QED leads $11M investment in Nigerian fintech Raenest

Posted on February 11, 2025 by Techme101

As Africa’s tech ecosystem booms, more people from the region are landing remote jobs with big tech firms and global startups. But getting paid remains a challenge for many of these freelancers and remote workers — they struggle to open … Continue reading →

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Two senior partners are leaving Peak XV amid strategy shift

Posted on February 11, 2025 by Techme101

Two senior partners are leaving Peak XV, the largest India-focused venture capital firm, four sources familiar with the matter told TechCrunch.  Shailesh Lakhani, a 17-year veteran of the firm, and Abheek Anand, who co-led Southeast Asian investments, are departing, said … Continue reading →

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