AI accounting startup Rillet raises $70 million in Andreessen Horowitz, ICONIQ-led round
SpreadRillet, a startup developing AI-powered accounting software, has raised $70 million in a fundraise co-led by venture capital firms Andreessen…
Tech
South Africa outlines support measures in response to US tariffs
SpreadSouth Africa on Monday outlined support measures for local companies that will be hit by a 30% U.S. tariff this…
Big Tech may be breaking the bank for AI, but investors love it
SpreadBig Tech is spending more than ever on artificial intelligence – but the returns are rising too, and investors are…
China flags concerns over potential security risks in Nvidia’s H20 chips
SpreadChina raised concerns over potential security risks in Nvidia’s (NVDA.O), opens new tab H20 artificial intelligence chip, casting uncertainty over…
Microsoft poised for $4 trillion valuation after solid results
SpreadMicrosoft (MSFT.O), opens new tab is set to soar past $4 trillion in market valuation for the first time on…
Network fee on Big Tech not a viable solution to boost EU digital rollout, EU says
SpreadThe European Commission does not think that imposing a network fee on Big Tech companies is a viable solution to…
Samsung says tariff agreement reduces uncertainty, expects boost from Tesla deal
SpreadSamsung Electronics (005930.KS), opens new tab said a trade deal between South Korea and Washington will help to alleviate business…
Mastercard beats profit estimates on strong travel demand
SpreadMastercard (MA.N), opens new tab surpassed Wall Street estimates for second-quarter profit on Thursday, driven by strong consumer spending on…