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Navigating the future of national tech independence with sovereign AI

CIO

Sovereign AI refers to a national or regional effort to develop and control artificial intelligence (AI) systems, independent of the large non-EU foreign private tech platforms that currently dominate the field. This allows countries to maintain leadership in emerging technologies and create economic opportunities.

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CIOs are rethinking how they use public cloud services. Here’s why.

CIO

Increasingly, however, CIOs are reviewing and rationalizing those investments. The reasons include higher than expected costs, but also performance and latency issues; security, data privacy, and compliance concerns; and regional digital sovereignty regulations that affect where data can be located, transported, and processed.

Cloud 209
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Kenyan tech-enabled logistics platform Amitruck raises $4 million, embarks on Uganda, Tanzania expansion

TechCrunch

The shipping business in Africa has for years been inefficient and costly due to the traditional ways of managing operations – traditional in the sense that a shipper has to physically look for a transporter, sometimes through a middle-man, and often, once goods are delivered, the trucks almost always make the return trip empty.

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TechCrunch+ roundup: Cell-cultured meat, alternative financing, avoiding tech debt

TechCrunch

“It is still small-scale, and the most important thing we are doing that other companies should do is focus on the design, engineering and full-scale installations of vessels and the supporting systems to make a lot of it,” said Josh Tetrick, co-founder and CEO of Eat Just, which sells lab-grown chicken meat in Singapore.

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Former SpaceX engineers bring autonomous, electric rail vehicle startup out of stealth

TechCrunch

Parallel Systems, a company founded by three former SpaceX engineers to build autonomous battery-electric rail vehicles, came out of stealth mode on Wednesday with a $49.55 million Series A raise. The company, which has raised $53.15 million to date, including a $3.6 The company, which has raised $53.15 million to date, including a $3.6

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5 construction tech investors analyze 2022 trends and opportunities

TechCrunch

Often, industries that have great potential to be disrupted are also the most resistant to adopting bleeding-edge technology. While legacy sectors like transportation and energy have embraced new tech, innovation in the construction industry has been slow to take hold. Its recently enacted $1.2

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S3 Ventures, Tacora close on new funds to boost Austin startups

TechCrunch

Brian Smith was an early believer in the city, founding S3 Ventures with a $20 million first fund after a career as an electrical engineer at companies like IBM before starting his own company, Crossroads Systems. In fact, the firm believes that Texas is going to be the second-largest tech ecosystem in the U.S.