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

Former OpenAI Exec Ryan Beiermeister Joins Founders Fund

Former OpenAI exec Ryan Beiermeister has joined Founders Fund as a partner, she announced on Monday. Beiermeister is well-known in Silicon Valley for a number of reasons.

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Robotics Startup Physical Intelligence to Raise About $1 Billion in New Funding

Physical Intelligence, the two-year-old San Francisco robotics startup, is in discussions to raise about $1 billion in new funding at a valuation exceeding $11 billion, according to Bloomberg.

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