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Porter became the second unicorn of 2025, signaling continued investor confidence despite broader concerns in the ecosystem.

It includes a new fund and accelerator program, as well as a platform to showcase startups’ solutions.

This move is part of China's wider strategy to use the Gulf as a hub to reach African and European markets.

Alibaba claims it can cut training costs from US$586.70 to just US$70.80.

Notable investments include Zomato and Policybazaar, which together account for over 31,500 crore rupee (US$3.69 billion).

He highlighted that these apps could potentially access sensitive data, including Indian passport information.

The incident occurred in November, following a crypto-related business event in Downtown Las Vegas.

Sustainable Business and AI May 11, 2025 By John Locke 0

Call me a radical, but I don't think a handful of billionaires controlling the majority of a country's wealth is a good thing. I don't think the ultra-wealthy need more benefits at the expense of everyone else.

Sustainable/Open Business Read More

CATL aims to raise at least US$4 billion in the IPO, potentially increasing to US$5.3 billion with overallotments.

Menlo Research is known for making AI app Jan. But its real play? Creating smarter machines.

Tsai shared this vision on May 10, during AliDay, an annual event for Alibaba employees and their families.

Details of the agreement are expected to be released on May 12, according to Chinese Vice Premier He Lifeng.

The ad-supported plan increased from 5,500 won (US$3.95) to 7,000 won (US$5.02).

A key focus is the equity Microsoft will keep in OpenAI’s for-profit business after investing over US$13 billion.

A lending startup surfs into the spotlight while microalgae takes to space to feed astronauts.

Sany aims to benefit from infrastructure development in regions like Asia-Pacific, South America, and Africa.

The platform currently uses AI for features like personalized recommendations and fraud detection, with similar plans ahead.

AI21 Labs' tools are used by clients like Capgemini and Wix.

Payoneer also suspended its full-year 2025 financial guidance, citing a volatile global economic environment.

Scale AI, founded in 2016, provides data labeling services and is backed by major tech firms like Nvidia, Amazon, and Meta.