Africa's Markets, Startups & Money Moves — Updated Daily

Moonshot AI Technology Co Preparing for IPO

Moonshot AI Technology Co (月之暗面) has told investors it is preparing to list in as early as six months, seizing the opportunity to tap capital markets after its latest model upended industry perceptions of China’s burgeoning capabilities

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Reid Hoffman Ready To Go “Founder Mode”

Hoffman said on a recent episode of his “Possible” podcast, while talking with Microsoft CEO Satya Nadella, that he’s ready to go “founder mode” with his latest AI startup, Manus.

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Jeff Bezos Seeking to Raise $100 Billion for a New Fund

Jeff Bezos is reportedly seeking $100 billion for a new fund, the likes of which will be used to buy up companies in major industrial sectors and, ultimately, modernize and automate them with AI

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AI Startup, Spangle, Closes $15 Million Series A Funding Round

Spangle, a Seattle-based artificial intelligence startup has completed a fifteen million dollar Series A funding round.

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