Microsoft and OpenAI launch $2M fund to counter election deepfakes

Microsoft and OpenAI have announced a $2 million fund to combat the growing risks of AI and deepfakes being used to “deceive the voters and undermine democracy.” This year will see a record 2 billion people head to the polls in elections spanning some 50 countries, so there are concerns …...Read More

Honeycomb Insurance grabs $36M Series B from solo VC-led Zeev Ventures

When Itai Ben-Zaken’s first startup failed in 2018, the former BCG consultant and Wharton MBA spent months trying to understand what he could have done differently during the five years he ran the company. After analyzing most of his major decisions, he concluded that while Comprendi, a digital ad recommendation …...Read More

Akamai confirms acquisition of Noname for $450M

A couple of weeks ago, TechCrunch broke the news that Akamai was in discussions to acquire Noname Security, a specialist in API security, for around $500 million. Today the deal is official, albeit at a lower price. Akamai has confirmed that it is buying the company in a $450 million …...Read More

Amazon finally puts down e-commerce roots in Africa

Amazon’s highly awaited entry into Africa has come to fruition, with the tech giant announcing the launch of its e-commerce marketplace in South Africa on Tuesday. The e-commerce giant revealed in a statement that its localized platform, Amazon.co.za, will provide customers with access to a wide array of local and …...Read More

Accel leads $4M investment in Egyptian corporate cards platform Swypex

Cards are gaining ground in Egypt, with over 30 million in circulation (prepaid cards, particularly, are seeing more use than debit and credit cards combined). This surge in card usage, about 14% in the last four years, is primarily due to the incentives introduced by fintech companies and banks, attracting …...Read More

India urges political parties to avoid using deepfakes in election campaigns

India’s Election Commission has issued an advisory to all political parties, urging them to refrain from using deepfakes and other forms of misinformation in their social media posts during the country’s ongoing general elections. The move comes after the constitutional body faced criticism for not doing enough to combat such …...Read More

Electricity Maps calculates the carbon intensity of electricity consumption to optimize usage at scale

If you’re an electricity nerd, chances are you’ve already spent quite a few hours looking at Electricity Maps and its mesmerizing export flow animations. This open-source data visualization project has been around since 2016. But companies like Google and Samsung are increasingly relying on this rich data set to hit …...Read More

This year's Met Gala theme is AI deepfakes

Whether you love or hate celebrity culture, the Met Gala is an event. Those less jaded among us get to see all of the biggest stars take their boldest fashion risks of the year — unlike an award show, it’s an event that encourages avant garde extravagance. And if you …...Read More

Boeing Starliner's first crewed mission scrubbed

Boeing’s Starliner launch tonight has been postponed “out of an abundance of caution” scarcely two hours before the historic liftoff. The scrub is reportedly due to an issue with the oxygen relief valve on the Atlas V rocket’s upper stage. There are backup launch opportunities on May 7, 10 and …...Read More

Wayve raises $1 billion to take its Tesla-like technology for self-driving to many carmakers

Wayve, a UK-born startup developing a self-learning rather than rule-based system for autonomous driving, has closed a $1.05 billion in Series C funding led by SoftBank Group. This is the UK’s largest AI fundraise ever and sits among the top 20 AI fundraises globally to date. Also participating in the …...Read More