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Technology News — Kenya

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Plaud says its software business topped $100M in ARR after shipping over 2M AI notetakers
Technology

Plaud says its software business topped $100M in ARR after shipping over 2M AI notetakers

Plaud is trying to make a mark in a crowded market full of AI-powered meeting notetakers.

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Robinhood’s note on 10% layoffs shows blaming AI isn’t cutting it
Technology

Robinhood’s note on 10% layoffs shows blaming AI isn’t cutting it

Unlike many of his tech industry peers who have cut thousands of jobs citing the need to restructure to make…

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Nigeria’s central bank restricts payment firms from dominating consumers and merchants
Technology

Nigeria’s central bank restricts payment firms from dominating consumers and merchants

The rule comes as banks and fintechs expand beyond their traditional niches to serve both consumers and merchants.

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Why Solarbox is building Senegal’s EV ecosystem around the sun
Technology

Why Solarbox is building Senegal’s EV ecosystem around the sun

Senegal's Solarbox is building electric vehicles around one thesis: solar can provide a better power source than the grid. Here's…

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SpaceX passes Amazon as valuation balloons to $2.7T
Technology

SpaceX passes Amazon as valuation balloons to $2.7T

SpaceX's valuation has increased by $1 trillion since its shares started trading on Friday.

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Probably raises $9M to build a more reliable kind of AI
Technology

Probably raises $9M to build a more reliable kind of AI

Probably wants to prevent hallucinations and factual errors from reaching users, and achieve accuracy on par with deterministic systems.

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India orders temporary ban on Telegram over exam fraud concerns
Technology

India orders temporary ban on Telegram over exam fraud concerns

The restrictions include a nationwide ban on Telegram until June 22 and a requirement to disable the app's message editing…

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This startup’s super metals could soon be in military drones, luxury watches, and chef’s knives
Technology

This startup’s super metals could soon be in military drones, luxury watches, and chef’s knives

Instead of heating metals, Foundation Alloy beats them into submission. The startup has raised $22 million to scale up production…

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SpaceX to acquire Cursor for $60B in stock days after blockbuster IPO
Technology

SpaceX to acquire Cursor for $60B in stock days after blockbuster IPO

The deal is supposed to help SpaceX's struggling AI division. The company told IPO investors it sees a $26 trillion…

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Flutterwave hits $3.25 billion valuation in Ripple-backed Series E
Technology

Flutterwave hits $3.25 billion valuation in Ripple-backed Series E

Flutterwave, Africa’s most valuable fintech company, has raised a Series E round at a $3.25 billion valuation after a strategic…

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Threads adds new personalization and community features as it reaches 500M monthly users
Technology

Threads adds new personalization and community features as it reaches 500M monthly users

The Meta-owned social platform announced a series of new features launching today, including a "Your Algo" tool that lets users…

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ChatGPT’s market share slips below 50% for first time
Technology

ChatGPT’s market share slips below 50% for first time

The chatbot still remains the most popular AI assistant worldwide with over 1.1 billion monthly users, followed by Gemini with…

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