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Moove Joins Africa’s Unicorn Club With $2.1 Billion Valuation
Nigerian-born, UAE-headquartered mobility company Moove has joined Africa’s growing unicorn club after securing a $250 million Series C round that valued the company at...
Tencent Revenue Beats Estimates as Gaming and AI Advertising Lift Growth, but Profit Misses
Tencent posted better-than-expected second-quarter revenue as stronger growth in its China gaming business and AI-powered advertising helped offset weakness in international gaming, while higher...
CoreWeave Shares Jump 11% After AI Cloud Revenue Beats Estimates, Backlog Hits $104bn
CoreWeave shares jumped 11% in extended trading on Tuesday after the artificial intelligence infrastructure provider reported quarterly revenue above Wall Street expectations, highlighting continued...
Manus Returns to Independence as China Forces Unwinding of Meta’s $2 Billion AI Bet
AI startup Manus is returning to independent operations after Chinese regulators forced U.S. technology giant Meta to unwind its more than $2 billion acquisition...
Google’s Gemini Surpasses 1 Billion Monthly Users, Closing Gap With ChatGPT
Google’s Gemini artificial intelligence app has surpassed 1 billion monthly active users, marking a major milestone for the company as it accelerates the rollout...