Kenyan startup Wowzi secures $3.2 million from 4DX Ventures, Andela co-founder to expand across Africa
Kenyan startup Wowzi has secured new funding to expand the reach of its platform, which turns social media users into brand influencers, to West and Southern Africa — as it taps the increasing usage of social sites across the continent driven by the proliferation of smartphones and a deepenin
GlobalWonks relaunches as Enquire AI following $5.5M round
Buoyed by a new cash infusion of $5.5 million in Series A funding, GlobalWonks emerged Tuesday as Enquire AI.
The Washington, D.C.-based company leverages artificial intelligence in a tool for businesses to find global subject-matter expertise in real time, from both internal and external resources
German Bionic debuts a new exoskeleton with upper- and lower-body assistance
Late last year, German Bionic announced a $20 million Series A round led — in part — by Samsung Catalyst Fund. It was a curious alliance, given that Samsung has shown off its own robotic exoskeleton technology. I took Samsung’s Gait Enhancing and Motivation System out for a spin a
LiveKit co-founder believes the metaverse needs open infrastructure
When the global pandemic hit, Russell d'Sa was running product at Medium and recognized early on that with everyone working from home, the company's culture was impacted, affecting a lot of the interaction between employees.
“What disappeared was the collegial conversations, the drinks on
China’s AI giant SenseTime postpones IPO after US blacklisting
SenseTime, one of China’s most valuable AI solution providers, is putting its $767 million public listing on hold, the company said Monday.
The announcement came three weeks after the Hong Kong Stock Exchange gave the go-ahead to SenseTime’s IPO. On December 10, the U.S. Department of T
Raise and deliver
Remember all the way back to December 2020. Where were you? What were your plans? What did you expect and hope the new year would bring? I suspect I'm not alone in feeling like I've spent much of the past year on a hamster wheel, with better days just over the horizon. Truth is, few of us r
Kenya’s fintech Kwara lands $4 Million in seed round from Breega, SoftBank to build neobank for credit unions
The Kenyan fintech Kwara was launched in 2019 to help credit unions (savings and credit cooperatives societies, SACCOs) in the East African country shift to digital platforms by providing them with its proprietary backend-as-a-service (BaaS) software.
The startup's trajectory has been steep, as
Autonomous driving startup DeepRoute.ai prices L4 solution at $10,000
DeepRoute.ai, an autonomous vehicle startup with offices in Shenzhen and Fremont, California, unveiled an ambitious self-driving solution on Wednesday.
The package, named DeepRoute-Driver 2.0, is a production-ready Level 4 system that costs approximately $10,000. The price tag is incredible given t
At ‘Lens Fest,’ Snap debuts creations tools for more sophisticated augmented reality experiences
As Snap’s creators begin to experiment with the company’s augmented reality Spectacles hardware, the company is delving deeper into juicing the capabilities of its Lens Studio to build augmented reality filters that are more connected, more realistic and more futuristic. At the company&
Uber spinout Serve Robotics gets $13M seed round to expand sidewalk robot deliveries
Serve Robotics, the autonomous sidewalk delivery company that spun out from Uber-owned Postmates in March, has closed an expanded seed round at $13 million. The company will use the funds to accelerate its expansion plans into new customer segments and geographic areas, which will require them to b
Segway makes its first foray into sidewalk robot delivery with Coco partnership
Segway sees a future for sidewalk delivery robots and is now preparing to be the burgeoning industry’s go-to manufacturer.
The company, which has supplied electric scooters for almost all of the major shared micromobility operators, is partnering with Los Angeles-based delivery robot startu
If we can’t design autonomous robots, maybe they can design themselves
Elon Musk's recent announcement of an upcoming Tesla Bot — complete with a human form, “human-level hands” and a characteristically optimistic delivery date — has garnered a healthy serving of criticism for good reason.
Among other capabilities, Musk says, the robot will eventua
Amazon Lex brings automated call transcript review to chatbot building
Today, at AWS re:Invent in Las Vegas, the company announced the Amazon Lex automated chat bot designer in preview, a new feature that simplifies the chatbot training and design process by bringing a level of automation to it.
“We are excited to announce the Amazon Lex automated chat bot desig
EU lawmakers agree data reuse rules to foster AI and R&D
It’s just over a year since the European Union’s executive proposed legislation aimed at encouraging widespread sharing and reuse of industrial data and protected public sector data-sets — such as health data, environment, energy, agriculture, mobility, finance, manufacturing, pub