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

Tech Giants Launch an AI Safety Initiative Focused on Open Models

Nvidia and a host of tech giants on Monday launched a new artificial intelligence safety initiative focused on open models, as the fallout from a cyberattack committed by rogue OpenAI models continues

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Groq Announces a New $650 Million Funding Round

On Monday, Groq announced a new $650 million funding round, confirming earlier reports. The raise comes roughly six months after Nvidia signed a non-exclusive licensing agreement for Groq’s technology

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U.S. Tech Giants Back German Company Neura Robotics

U.S. tech giants have backed a German company in its latest fundraising round to develop its humanoid robotics tech.

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Nvidia Continues to be a Major Investor in the AI Ecosystem

Nvidia continues to be a major investor in the AI ecosystem, committing more than $40 billion to equity investments in AI companies — and that’s just in these early months of 2026, according to CNBC.

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Vast Data Announces a $1 Billion Funding Round

Vast Data announced a $1 billion funding round at a $30 billion valuation on Wednesday, with Nvidia among those backing the AI company.

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Cerebras Systems Files To Go Public

Cerebras Systems, a startup building what CEO Andrew Feldman describes as “the fastest AI hardware for training and inference,” has filed to go public.

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CredResolve Closes Pre-Series A Funding Round

Debt collections infrastructure company CredResolve has raised an undisclosed amount in a pre-Series A round led by Merak Ventures, with participation from existing investors Unleash Capital Partners and CDM Capital.

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Arm Holdings is Starting to Make Its Own Chips

Semiconductor and software company Arm Holdings is starting to make its own chips after nearly 36 years of licensing its designs to companies like Nvidia and Apple.

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Nvidia is Investing a Combined $4 Billion in Coherent and Lumentum

Nvidia is investing a combined $4 billion in two companies developing photonics technologies, as it looks to shore up research pipelines and supply chains

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Fei-Fei Li’s World Labs Secures $200 Million Investment

Fei-Fei Li’s World Labs has secured a $200 million investment from software design giant Autodesk as part of a larger $1 billion round from backers.

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Semiconductor Startup Positron Secures $230 Million in Series B Funding

Semiconductor startup Positron has secured $230 million in Series B funding, TechCrunch has exclusively learned.

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Oracle to Raise Up To $50 Billion

Data center giant Oracle’s stock rose 2% in Monday morning trading, after the company announced plans to raise up to $50 billion to develop additional capacity for customers.

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