B Capital names new chief AI officer
The hire adds an AI lead at B Capital, which invests from seed to early- and late-stage venture growth across technology, healthcare, and resilience tech.
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After ‘cancelling’ Meta’s $2 billion acquisition of AI company Manus, China tells country’s startups and chipmakers: ‘Do not let …’
Chinese regulators are reportedly considering tightening control on export of AI tech, asking the country’s domestic artificial intelligence (AI) startups and semiconductor firms to not let cutting-edge technologies, key training data, or star tech talent fall into Western hands. This follows the cancellation of Meta-Manus deal after Beijing ordered the social media giant to unwind…
Irish IT and consulting platform Tekenable to create 30 new jobs
Kieran Kenefick. Image: Darragh Kane Photography The new roles come amid a period of transformation in which the company has committed to a new partnership programme. Dublin-based digital services company Tekenable has launched a new partnership programme that will create 30 new jobs over the course of the next 12 months. The new roles will…
Zelenskyy replaces Ukraine military chief after protests | Russia-Ukraine war News
Replaced military chief Syrskyi clashed with former Defence Minister Fedorov, whose removal last week led to protests. Ukrainian President Volodymyr Zelenskyy fired Oleksandr Syrskyi as the country’s commander-in-chief, appointing Mykhailo Drapatyi to lead the military. The move came after six days of protests in the capital, Kyiv, sparked by the removal of Defence Minister Mykhailo…
NextGen Invent joins the Straive fold to push AI from intent to execution
In a significant move within the tech services ecosystem, AI engineering provider NextGen Invent has been officially acquired by Straive. Operating from offices in New York and Noida, NextGen Invent’s team will now integrate into Straive’s global operations. The M&A transaction was facilitated by Novistra Capital, acting as the exclusive sell-side advisor. The deal…
US investor Lockheed Martin Ventures commits at least €87 million to Europe as it opens new office in the UK
American VC firm Lockheed Martin Ventures is expanding its reach to European markets in order to invest its €874 million ($1 billion) fund in promising DefenceTech companies from across the continent The firm will also be opening a London office with the goal of investing at least €87 million ($100 million) of its funding in…
Grenoble-based ENGO raises €5.1 million to scale its lightweight AR glasses for athletes
ENGO, a Grenoble-based startup developing smart, lightweight AR glasses with integrated displays for athletes, has raised €5.1 million in funding to strengthen its leadership in the sports smart eyewear market and expedite R&D on miniaturisation and innovation. The round was led by Ventech, Odyssée Venture, and Bpifrance Amorçage Industriel. Blueprint Partners has supported ENGO from…
