Future is Female Mentorship Programme Selects 20 African Startups
20 female-led startups from Africa selected for Future is Female Mentorship Programme, receiving media training and venture capital funding guidance
Startups
Google Adds AI Edit Disclosure to Photos App
Google introduces AI edit disclosure in Photos app, but no visual watermarks, sparking transparency debate
Hugging Face Launches HUGS, a Cheaper Alternative to Nvidia's NIM
Hugging Face introduces HUGS, a cost-effective alternative to Nvidia's NIM, offering optimized inference microservices for generative AI models.
IMF Predicts Stronger African Growth in 2025
IMF raises economic growth forecast for sub-Saharan Africa to 4.2% in 2025, but warns of social unrest and debt-service costs.
IMF Urges African Economies to Diversify Amid Sluggish Growth
IMF advises African countries to reform economies, reduce reliance on commodities, and diversify to drive growth and stability.
Joby Aviation Takes to Skies with $200M IPO
Electric VTOL startup Joby Aviation launches $200M IPO to fund certification, manufacturing, and commercial launch in 2025
Latvian Startup Origin Develops Reusable Autonomous Drones
Origin's BEAK drone delivers munitions at 20x lower cost, attracting NATO countries and €4m funding
Lilium Electric Aircraft Startup Shuts Down
Lilium, a German electric aircraft startup, ceases operations after failing to secure €50m loan from government, despite $1bn in funding
Lumen Orbit Raises $10M for Space-Based AI Data Centers
Lumen Orbit secures $10M seed round to build space-based data centers for AI model training, a moonshot idea gaining traction