USAID Partners with Armenia for Cloud Innovation
In a significant move aimed at digital transformation, USAID has announced a $5 million initiative to establish a public-private partnership with the Government of Armenia and Amazon Web Services (AWS). This collaboration is designed to enhance the resilience of Armenian…
Suki Raises $70M to Build AI-Powered Healthcare Assistants
Suki, a pioneering healthcare startup, has recently secured an impressive $70 million in a Series D funding round, driven by London-based Hedosophia with additional backing from Venrock and March Capital. This latest investment propels Suki’s total funding to $165 million,…
Ghana's Digital Future: The Imperative for Infrastructure Investment and Inclusion
In a rapidly digitizing world, the importance of robust digital infrastructure cannot be overstated. In Ghana, a consortium of civil society organizations has come together to emphasize the urgent need for government action to enhance and expand the nation’s digital…
Maximizing E-Commerce Success: Strategies for Conversion Rate Optimization
In today’s fast-paced digital landscape, the success of an e-commerce business hinges not just on quality products and services but also on how effectively it converts website visitors into paying customers. Conversion Rate Optimization (CRO) stands as a critical component…
Ethena Invests $46 Million in Tokenised Assets for Enhanced Financial Ecosystem
In a significant move to bolster its financial framework, Ethena, a decentralised finance protocol, has announced a $46 million allocation from its Reserve Fund into tokenised real-world assets. This strategic investment aligns with Ethena’s vision of integrating conventional assets into…
AMD's Next-Gen AI Chip Plans: A Bold Move in a Competitive Landscape
Advanced Micro Devices (AMD) is gearing up to mass-produce its newest AI chip, the MI325X, by the end of 2024. This initiative marks a significant step for AMD, as it seeks to expand its market share in the AI sector,…
TikTok's Job Cuts: The Move Towards AI-Driven Content Moderation
In an unprecedented shift towards automation, TikTok is laying off hundreds of employees across the globe as the social media giant prioritizes the use of artificial intelligence (AI) for content moderation. This decision, rooted in the need for efficiency and…
CBDCs Face Resistance from Key Central Banks
The landscape of central bank digital currencies (CBDCs) is shifting as notable institutions reconsider their digital currency initiatives. Central banks across Australia, Canada, and Colombia have recently taken a cautious step back from their various CBDC projects, raising questions about…
Temu: The E-Commerce App Redefining Online Shopping
With the rise of online shopping, new players often emerge, creating a buzz that quickly captures consumers’ attention. Temu, a U.S.-based online marketplace owned by the Shanghai-based company PDD Holdings, is one such player that has taken the e-commerce world…
Numeric Raises $28 Million to Transform Accounting Software
In an era where efficiency is key, Numeric has positioned itself as a leader by harnessing the power of artificial intelligence in accounting processes. Founded in 2020 by Parker Gilbert, the startup has already made significant strides in the marketplace…
