Business

Philippine Business Creates an AI Tool To Reduce Crop Loss

Using AI-powered farm risk monitoring, a Philippine student-developed mobile app seeks to lower agricultural losses. The goal of AGRICONNECT PH,
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Retym Secures $75M for AI-Powered Data Center Chip

Retym, a chip startup, announced on Monday that it has secured $75 million this year as part of a total
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Elon Musk Sells X to His AI Startup in $33 Billion Deal

Elon Musk—who purchased Twitter in 2022 and renamed the social media platform to X in 2023—disclosed that his AI venture
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Mercury Secures $300M at a Valuation of $3.5B to Broaden Its Fintech Services

Mercury, a financial technology firm recognized as the preferred bank for tech startups, announced today that it has secured $300
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Startup Backed by Rivian Secures $105M to Roll Out Budget-Friendly Micro Vehicles

Rivian, the high-profile electric vehicle manufacturer, has just launched a new company focused on micromobility, spun off from a secret
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BYD Exceeds Tesla With Yearly Sales of $100 Billion

BYD, Tesla’s competitor in China, announced a 73% increase in its fourth-quarter profit and revealed that its annual revenue for
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Tabit Insurance Unveils $40 Million Funding Focused on Bitcoin

The capitalization of Tabit Insurance’s insurance facility, worth $40 million, has been announced. The fundraising effort, which Tabit says is
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RockFi, a French fintech specializing in wealth management, secures €18 million in funding

RockFi, a fintech firm focused on private wealth management, secured €18m ($19.45m) in a Series A funding round spearheaded by
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Hyundai Declares A $20 Billion Commitment To The U.S

Hyundai, based in South Korea, and President Donald Trump revealed a $20 billion investment aimed at US on-shoring at the
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IESR Calls for Powerful Plans to Enhance Renewable Energy Investment in Indonesia

In light of the government’s challenges in meeting renewable energy investment targets, the Institute for Essential Services Reform (IESR) has
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