South Africa-founded startup launches AI model with 10 million-token memory

For one small business, AI was key to a quick start and expansion

For one small business, AI was key to a quick start and expansion

South Africa emerges as Google's launchpad for Africa's AI revolution

South Africa emerges as Google's launchpad for Africa's AI revolution

Anthropic Could Become the Most Valuable Software Company in History. These Stocks Have Exposure to the AI Giant.

These companies are sitting on billions in profits from early investments in the artificial intelligence specialist.

Norm Ai raises $120M at a $1.2B valuation to build AI-native law

Most AI legal startups sell software to law firms. Norm Ai built its own firm instead, and investors just valued the bet at 1.2 billion. Norm Ai has raised 120 million in a Series C round that values the New York startup at 1.2 billion, Bloomberg first reported. Khosla Ventures, an early backer of OpenAI, [] This story continues at The Next Web

Chamath Palihapitiya raises $135M Series A for his AI coding startup, takes CEO role

VCs remain thirsty to fund AI coding startups. This one, founded by investor, Chamath Palihapitiya, is no exception.

Exclusive: Vinod Khosla wanted ‘every available dollar’ of Runlayer’s funding round. It just raised $30 million to govern the agent workforce

The startup already counts Instacart, Gusto, Opendoor, and a Fortune 500 bank among its customers.

Meet the Gen Z founders building billion-dollar companies before their 30th birthdays

From Mercor's 22-year-old billionaires to Scale AI's Alexandr Wang at Meta, here are the Gen Z entrepreneurs building billion-dollar AI businesses before turning 30.

Open Startup Launches The Science Road for African Deep Tech, Expands SA Partnerships

Open Startup Marks 10 Years with The Science Road for African Science and Deep Tech Ventures New direction combines acceleration, early financing and partnerships to help research-led ventures move closer to commercial growth Tunis, Tunisia – 29th June 2026 – Open Startup, the pan-African organization supporting entrepreneurs and innovation ecosystems across Africa, has unveiled The []

Never Have to Miss Them Again: Inside the AI Startup Building the World’s First Immortal, Emotional Technology for Love and Connection

Never Have to Miss Them Again: Inside the AI Startup Building the World’s First Immortal, Emotional Technology for Love and Connection

Africa: Munich-Based Knowlix AI Launches Business Platform Across Africa

[Daba Finance] Knowlix AI launched an AI-powered business platform for small companies across 29 African countries and other global markets.

Anthropic Customer Sues US Government After AI Ban Cuts Off Access to Fable 5 and Mythos 5

A legal technology startup has launched a fresh challenge against the US government after losing access to Anthropic’s most advanced artificial intelligence models, escalating a growing dispute that now spans export controls, national security concerns, and the future of frontier AI development. Legion LegalTech Corp., a California-based company that builds AI-powered legal software, filed a lawsuit against federal officials after a June 12 directive forced Anthropic to restrict access to its flagship Fable 5 and Mythos 5 models. The order, issued by the Bureau of Industry and Security, required Anthropic to prevent foreign nationals from accessing the systems, triggering widespread

AI and the future of Jobs: Ghana’s AI Strategy and opportunities for youth action

On 24th April 2026, the Government of Ghana launched the National Artificial Intelligence (AI) Strategy and Roadmap (2025 –2035), setting out a ten-year vision to harness AI, drive the digital economy, and position Ghana as a leading digital innovation hub in Africa. While AI is displacing jobs globally, it is simultaneously creating new ones. Jobs are shifting – and Ghana’s young people are at the centre of that shift. Every era of African economic transformation carries a story about who was positioned to benefit and who arrived too late. Today, that pattern can change. For the first time in our lifetime, the blueprint is not in Washington, London, Brussels, or Beijing. It is in Accra. And it has your name on it.

Zhipu AI market cap tops HK$1 trillion as shares of GLM-5.2 developer soar

The market capitalisation of Hong Kong-listed artificial intelligence pioneer Zhipu AI surpassed HK1 trillion (US128 billion) on Monday, fuelled by investor optimism as the company goes head-to-head with its American rivals. Shares of Zhipu, which trades under the name Knowledge Atlas Technology, skyrocketed as much as 42 per cent on Monday morning to a peak of HK2,980. The surge follows the release of Zhipu’s open-source GLM-5.2 model last week. Featuring a massive 1-million-token context...

Why Successful AI Founders Build Communities Before Customers

In the AI era, trust scales faster than features.

Jane Street, TSMC-linked AI startup Etched raises $800 million

AI chip challenger Etched has secured a massive 800 million in funding, with backing from industry heavyweights like Jane Street and a firm linked to TSMC. The startup, aiming to rival Nvidia, is set to begin shipping its AI chips this summer. Etched has already inked 1 billion in sales contracts and boasts an impressive roster of investors, including AI pioneer Geoffrey Hinton.

Ecommerce Founders Who Ignore This Type of AI Will Lose Their Best Customers. Here’s Why.

That whole messy, human-driven journey to buy something? AI is starting to do it for us.

FirstBank backs Imo State’s OKOBI  initiative to boost jobs

By Babajide Komolafe FirstBank has thrown its weight behind the Imo State Government’s One Kindred One Business Initiative (ÓKÓBÌ), a community-based entrepreneurship programme designed to stimulate job creation, expand financial inclusion and promote sustainable wealth creation through collective business ownership. The bank said its support aligns with its commitment to empowering small and medium enterprises, deepening [] The post FirstBank backs Imo State’s OKOBI initiative to boost jobs appeared first on Vanguard News.

Anthropic accused Alibaba of using 25,000 fake accounts to steal its AI capabilities

The AI company told U.S. senators that Alibaba ran nearly 29 million exchanges with its Claude models through fraudulent accounts

Yeebo Announces Annual Results for FY25/26 Consolidated Revenue Increased by 13.7% to Approximately HK$1,181 Million Profit Attributable to Owners Amounted to Approximately HK$1,951 Million

AI Business on the Rise, Revenue Soared by Nearly 2.8 Times Fuelling Future Growth HONG KONG SAR - Media OutReach Newswire - 1 July 2026 - Yeebo (International Holdings) Limited (Yeebo or the Company, stock code: 00259.HK, which together with its subsidiaries is referred to as the Group) ...

Avnet Brings Ecosystem Together to Scale Edge AI in Singapore

As AI adoption accelerates across Singapore and Southeast Asia, where 81 of companies have moved beyond ...

Brazil’s AI ambitions are fueling a surge in demand for Snowflake consulting partners

It is no secret that Brazil has become one of the most influential technology markets in the Southern Hemisphere, supported by rapid digital transformation and an increasingly talked about startup scene. As Latin America’s largest economy, Brazil occupies a unique position within the region. The country’s massive domestic market, highly skilled workforce, and expanding innovation [] The post Brazil’s AI ambitions are fueling a surge in demand for Snowflake consulting partners appeared first on Brazil Reports.

Alibaba: Agentic AI Could Be Another Headwind To Growth

Alibaba: Agentic AI Could Be Another Headwind To Growth

Future of finance hinges on human‑AI balance anchored in ethics, says Amir Hamzah

KUALA LUMPUR, July 8 — As artificial intelligence (AI) becomes more embedded in finance, the future of the industr...

The Next Wave: The million-dollar asset that no one can buy

Cet article est aussi disponible en français First published on 12 July, 2026 For more than a decade, venture capitalists and founders have clung to the belief that if a high-growth startup runs out of cash, its proprietary technology will retain enough value to soften the blow. An administrator can sell the company’s code, platform, []

Infobip supports thousands of startups and scaleups through Startup Tribe Programme

Global AI-first cloud communications platform Infobip, which is celebrating its 20th anniversary this year, has supported thousands of startups and scaleups from over 120 countries in the first five years of its Startup Tribe Programme. Infobip launched its Startup Tribe Programme in May 2021 to help mission-driven startups and scaleups to build and manage their customer [] The post Infobip supports thousands of startups and scaleups through Startup Tribe Programme appeared first on Middle East News 247.

AI is 'not smart' so what's next in artificial intelligence?

Leading AI researcher Yan LeCun has a start-up which is developing a more flexible AI system.

AI Start-Up Kaon AI Raises $60 Million in Funding Round in Quest to Build a ‘Personalized Story Engine’ for Users

Kaon AI, a start-up focused on building personalized story worlds powered by generative AI for its users through its products FlowGPT and Emochi, has raised 60 million in its most recent funding round at a valuation in the several hundreds of millions. Investors included B Capital, Redpoint Ace, Goodwater Capital and DCM. The Berkeley, California-based []

Meet Yousuf Imran, Google executive who walked away from $1 million salary over fears about AI

After nearly earning 1 million per year as a Google account executive, Yousuf Imran made the bold decision to leave the tech giant and establish his AI product lab. Motivated by fears of job insecurity amid the AI revolution, he pursued the transformative opportunities offered by startups. With two decades of sales expertise, he is developing innovative tools for account executives, reflecting his vision for solutions he once longed for.

AI startups fuel talent war

AI startups fuel talent war

Europe’s AI moment: Four imperatives for business leaders

Business in the age of artificial intelligence (AI) moves with dizzying speed. More powerful models launch regularly, bringing new opportunities and risks. Fresh use cases emerge daily, increasingly leaning on the orchestration power of agentic AI. Innovation boundaries recede as the cost of inference declines and robotics accelerates. It’s as if we’re permanently on fast []

How is WhatsApp Powering South Africa’s SME Economy

For many entrepreneurs, the biggest challenge is not having a great product or service. It is finding customers, building credibility, managing operations, and growing a business with limited resources. Increasingly, South African SMEs are solving these challenges using a tool they already have in their pocket: WhatsApp. What started as a messaging platform has evolved []