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

Venture capitalists are gobbling up term sheets for startups peddling artificial intelligence, even as they remain picky when it comes to funding the wider spectrum of technology.  According to new…

Continue Reading AI investments surged 62% to $110 billion in 2024 while startup funding overall declined 12%, says Dealroom

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

Africa’s top digital banking platforms typically dominate high-growth, populous markets like Nigeria, South Africa, and Egypt. But Affinity Africa, an upstart from Ghana, wants to join the conversation. The startup…

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

Is AI making us dumb?

Summarize this content to 3 bullet points Researchers from Microsoft and Carnegie Mellon University recently published a study looking at how using generative AI at work affects critical thinking skills.…

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Ex-Allen Institute for AI scientists form stealthy AI startup, with former Ai2 CEO Oren Etzioni

Vercept’s founding team includes, L-R, Matt Deitke, CEO Kiana Ehsani, Ross Girshick, and Luca Weihs. Not pictured: Oren Etzioni. (Vercept Photo) A group of former Allen Institute for AI (Ai2)…

Continue Reading Ex-Allen Institute for AI scientists form stealthy AI startup, with former Ai2 CEO Oren Etzioni

Google-backed public interest AI partnership launches with $400M+ pledged for open ecosystem building

Summarize this content to 3 bullet points Make room for yet another partnership on AI: Current AI, which is being billed as a “public interest” initiative focused on fostering and…

Continue Reading Google-backed public interest AI partnership launches with $400M+ pledged for open ecosystem building