[[{“value”:” Medical imaging is crucial for the timely identification of serious diseases like cancer. However, manual interpretation of scans is a time-intensive process. Healthcare professionals increasingly use AI-powered tools for diagnostic purposes, as such technologies can be very effective in detecting and categorizing diseases. A Sydney, Australia-headquartered startup, Harrison.ai, has built AI-enabled medical diagnostic software and […] © 2024 TechCrunch….
In Paris, JD Vance skewers EU AI rules, lauds US tech supremacy
[[{“value”:” At the AI Action Summit in Paris this week, the U.S. declined to sign the statement summarizing the resolutions. But it did make an appearance: Vice President J.D. Vance gave a speech to the audience of dignitaries, tech leaders and regulators. Amid a conference heavy on equitable AI development — specifically, beyond the outsized influence […] © 2024 TechCrunch….
Google back Toonsutra to grow its webtoons platform in India
[[{“value”:” It’s no news that India is a huge market for entertainment businesses, but what often doesn’t get mentioned is that its people love to see content in their own languages. According to a recent survey by non-profit Internet and Mobile Association of India, more than 870 million Indians sought out videos, music and other content […] © 2024 TechCrunch….
AI investments surged 62% to $110 billion in 2024 while startup funding overall declined 12%, says Dealroom
[[{“value”:” 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 figures from analytics firm Dealroom, AI startups raised $110 billion in funding last year, up 62% on the year before. At the same time, privately-backed […] © 2024 TechCrunch….
Ghanaian fintech Affinity bags $8M to scale digital banking in a mobile money-driven market
[[{“value”:” Africa’s top digital banking platforms typically come from high-growth, populous markets like Nigeria, South Africa, and Egypt. But Affinity Africa, an upstart from Ghana, wants to join the conversation. The startup has raised $8 million in seed funding to expand its financial products further across the country, where mobile money is the dominant financial tool. […] © 2024 TechCrunch….
Instagram is introducing teen accounts with new safety features in India
[[{“value”:” Instagram said Tuesday that the platform is introducing its teen accounts feature, which has extra protective measures for safety for users in India, one of its biggest markets with over 350 million users. The company introduced Teen Accounts last year in The U.S., U.K, Canada, and Australia. Meta migrated accounts of Instagram users who are […] © 2024 TechCrunch….
EU looks to the private sector to help fund ‘AI Gigafactories’, eyeing the frontier AI race
[[{“value”:” The European Union is courting the private sector as it looks to step up compute capacity for training large AI models. Giving a speech at the AI Action Summit in Paris on Monday, the EU’s president, Ursula von der Leyen, talked up the potential of homegrown AI startups but said the region’s developers must have […] © 2024 TechCrunch….
QED leads $11M investment in Nigerian fintech Raenest
[[{“value”:” As Africa’s tech ecosystem booms, more local talent is landing remote jobs with Big Tech firms and global startups. But getting paid remains a challenge for many of these freelancers and remote workers. They struggle to open accounts that accept US dollars, with foreign employers using incompatible payment platforms, and face slow invoicing and payment […] © 2024 TechCrunch….
Two senior partners are leaving Peak XV amid strategy shift
[[{“value”:” Two senior partners are leaving Peak XV, the largest India-focused venture capital firm, four sources familiar with the matter told TechCrunch. Shailesh Lakhani, a 17-year veteran of the firm, and Abheek Anand, who co-led Southeast Asian investments, are departing, said the sources, who asked not to be identified discussing private matters. The exits follow Peak […] © 2024 TechCrunch….
Google changed the Gulf of Mexico to the Gulf of America on Maps
[[{“value”:” Google Maps officially updated the name of the Gulf of Mexico to the Gulf of America on Monday. Among many other executive orders, President Donald Trump decreed on the day of his inauguration that the Gulf of Mexico would be renamed the Gulf of America. This executive order also reverses an Obama-era move to rename […] © 2024 TechCrunch….