Startups

Seuraa

Nairobi's High Court has ordered directors of a failed startup to repay Ksh 23.8 million to investors after funds were mismanaged. The investors had provided Ksh 24.7 million to support the business's establishment and operations.

Raportoinut AI

OpenAI has announced an investment in Merge Labs, a neurotech startup cofounded by its CEO, Sam Altman. The company emerged from stealth with $252 million in funding, aiming to develop ultrasound-based brain-computer interfaces. OpenAI plans to collaborate on technologies linking human brains to computers.

A new startup, Sunday Robotics, has exited stealth mode with $35 million in funding and recruited several senior engineers from Tesla's AI and robotics teams. The company is developing a wheeled household robot called Memo, differing from Tesla's bipedal Optimus. This talent drain highlights intensifying competition in robotics.

Raportoinut AI

French engineer Yann LeCun, a pioneer in artificial intelligence, has confirmed his departure from Meta after 12 years with the group. He plans to launch his own startup focused on AI models that understand the physical world. The move comes amid a strategic shift at Meta under CEO Mark Zuckerberg.

 

 

 

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