Fei Fei Li ‘AI Godmother’ raises $230 Mn to Accelerate her AI Startup ‘World Labs’
Often regarded as the 'AI Godmother' Chinese-American computer scientist, Fei Fei Li last week raised $230 million for her AI startup World Labs.
Technology
Global technology news and trends, including tech startups, artificial intelligence, consumer tech, and emerging innovations.
Egypt’s Paymob Scores $22 Mn Series B Extension Round led by EBRD Venture Capital
Cairo-Egypt-based Paymob, one of MENA’s leading financial services providers, on Wednesday 11 September, raised a massive $22 million Series B extension round.
BYJU’s U.S. Bankruptcy Ruling Sparks Surprise in India
U.S. court in Delaware, on Tuesday, ordered involuntary Chapter 11 bankruptcy proceedings against BYJU's units: Neuron Fuel Inc., Epic! Creations Inc., and Tangible Play Inc.
Google Fails to Overturn €2.42 Bn EU Fine in Shopping Antitrust Dispute
Google's appeal against the European Commission's 2017 antitrust ruling has been rejected. €2.42 billion penalty imposed by the Commission was confirmed.
Google Antitrust Case U.S. – Federal Judge Ruled to Smush Google’s Search Monopoly, and Deliver Punishment in August 2025
As per the ruling by Judge P. Mehta, Google violated Section 2 of the Sherman Act, and a US antitrust law by monopolizing the search engine market.
Pixxel Achieves Groundbreaking Success as the First Indian Space Startup to Win a NASA Deal
Pixxel joins NASA's $476-million commercial smallsat data acquisition program, utilizing its advanced hyperspectral earth-imaging capabilities.
Atomico, VC Firm of Skype’s Niklas Zennström, Secures $1.24 Bn for European Tech Investments
Atomico, a London-based global investment firm, on Monday, launched two new funds - amid declining valuations and widespread layoffs in the European tech sector.
WazirX Hack: Tensions Arise Between WazirX and Liminal Custody Over $230 Mn Theft
WazirX hired Google-owned Mandiant Solutions to investigate the hack. It suggested that it might have originated from Liminal Custody.
Dubai Blockchain Center and Cardano Foundation Join Forces to Revolutionize Blockchain Education in the MENA Region
Dubai Blockchain Center (DBCC) has entered into a strategic collaboration with Cardano Foundation, to bring forth blockchain education and technology adoption in MENA.
WazirX Decides to Use ₹100 Crore from Users to Fund Legal Fights
On Saturday, cryptocurrency exchange WazirX doubled down on its contentious decision to allocate INR 100 crores from user funds to cover legal costs.
Choosing a Cloud Hosting Service: It’s More Than Just Storage
Choosing the right cloud hosting service can significantly impact your business’s performance, security, and even your bottom line.
WazirX Hack: Users will be able to withdraw 55-57 percent funds, Hackers launder $10 Mn through Tornado Cash
WazirX hack by Lazarus is the largest crypto hack in India - stealing $235 million of crypto assets, laundered around $10 Mn through Tornado Cash.