• Calo Secures $25 Million to Expand Ready-to-Eat Meal Service Globally

    Calo Secures $25 Million to Expand Ready-to-Eat Meal Service Globally

    Calo, a startup specializing in personalized ready-to-eat meals, has secured $25 million in Series B funding to accelerate its regional and global expansion. Based in Riyadh, the company plans to extend its services beyond the…

  • DeepSeek-V3 Sets New Benchmark as an Open-Source AI Model

    DeepSeek-V3 Sets New Benchmark as an Open-Source AI Model

    Chinese AI startup DeepSeek has introduced its latest creation, DeepSeek-V3, an ultra-large open-source AI model boasting 671 billion parameters. Released under the company’s license via Hugging Face, the new model demonstrates exceptional performance, outperforming leading…

  • Elon Musk’s xAI Secures $6 Billion in Series C Funding

    Elon Musk’s xAI Secures $6 Billion in Series C Funding

    Elon Musk’s artificial intelligence venture, xAI, has raised $6 billion in a Series C funding round, nearly doubling its valuation to $45 billion. The round attracted participation from major players, including Andreessen Horowitz, BlackRock, Fidelity,…

  • Proton Intelligence Raises $6.95M to Launch Potassium Monitoring Tech

    Proton Intelligence Raises $6.95M to Launch Potassium Monitoring Tech

    Proton Intelligence, a Canada-based startup, is working on a groundbreaking solution to help patients with chronic kidney disease and those at risk of heart failure. Potassium imbalances, often life-threatening, remain challenging to monitor. The company…

  • PharmEasy Faces $456 Million Valuation After Investor Reassessment

    PharmEasy Faces $456 Million Valuation After Investor Reassessment

    PharmEasy, a leading online pharmacy in India, has seen its valuation drop significantly to approximately $456 million. This comes after investor Janus Henderson disclosed in a filing that it now values its 12.9 million shares…