Beijing calls on cloud providers to support AI firms

As large language models from Western tech firms show the potential to disrupt everything from marketing, teaching, to coding, China is rushing to cultivate its home-grown AI pioneers by... Read more »

Thrasio cuts stake, loses control in Indian house of brands in likely market retreat

Founders of Lifelong Online have bought back a majority ownership and control in the Indian house of brands from Thrasio in what appears to be a retreat for the... Read more »

Micron to invest $3.6B in Japan for next-gen memory chips

Micron Technology said it will invest up to 500 billion yen ($3.6 billion) in Japan for the next few years with support from the Japanese government to up its game... Read more »

Swiggy’s food delivery business reaches profitability

India’s Swiggy said on Thursday that its marquee food delivery business has become profitable, eclipsing its publicly-listed rival Zomato on another key metric a day before the firm is... Read more »

Apple launches its online store in Vietnam

Apple launched its online Apple Store in Vietnam on Thursday, expanding its business in what is quickly becoming a key overseas market for the iPhone-maker. People in the country... Read more »

Climate risk startup Mitiga gets $14.4M to help businesses face an uncertain future

One pretty obvious aspect of the climate emergency which may have flown under your radar is that human-driven global heating is disrupting traditional approaches to risk modelling around natural... Read more »

Pale Blue Dot backs Amini, an African climate tech startup solving environmental data scarcity

Amini, a Nairobi-based climate tech startup focused on solving Africa’s environmental data gap through artificial intelligence and satellite technology, has raised $2 million in a pre-seed funding round. Pale... Read more »

AWS to invest $12.7 billion in India

Amazon plans to invest $12.7 billion into its cloud infrastructure in India by 2030, the e-commerce group said Thursday, as it pushes ahead to scale up its AWS business... Read more »

Elon Musk used to say he put $100M in OpenAI, but now it’s $50M: Here are the receipts

It’s no secret that Elon Musk has been deeply frustrated with OpenAI since stepping down from its board in February 2018, culminating in an open letter calling for the... Read more »

Montana just banned TikTok

Montana Governor Greg Gianforte just signed the nation’s strongest restrictions on Chinese-owned social media app TikTok into law. TikTok has faced mounting pressure in the U.S. from Congress and... Read more »
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