OpenAI is in talks to strike a deal involving employee shares that would boost its value…
Tag: Quartz
Universal Music Group is suing Amazon-backed AI startup Anthropic
Artificial intelligence startup Anthropic is facing the heat for its use of—or rather, alleged misuse of—musical…
A startup founded by former Google employees claims that users spend two hours a day with its AI chatbots
Imagine chatting with Friedrich Nietzsche, Socrates, and René Descartes about the meaning of life. Well, there’s…
Generative AI deals are taking a dive as investors pick their spots
Generative AI deals dropped 29% in the third quarter from the previous quarter with total deals…
Techstars is bringing its accelerator program to Africa
In June, MFS Africa bought Oklahoma-based Global Technology Partners in a cash-and-shares deal worth $34 million.…
Local funding for early-stage startups is taking off in Africa
This past week, Ingressive Capital, a $10 million venture capital fund started by Maya Horgan Famodu…
This €110 million VC fund for Africa is now prioritizing startups that can break even quickly
In 2019, two private equity firms came together to form a venture capital fund to invest…
Byju’s wants to buy an American startup—but does it have the funds?
Byju’s is set to splurge $1 billion on US-based ed-tech firm 2U but it may be…
These are the next startup investment hotspots in west Africa
Startup tracker, Africa: The Big Deal’s figures show that since 2019, west African startups have hauled…
A teacher shortage is plaguing India’s education system
For the past two years, ed-tech startups in India have been tirelessly working to keep school…