According to Reuters, Chinese AI chipmaker Axera Semiconductor filed on January 30 to raise HK$2.96 billion, or about $379.2 million, through an initial public offering…
According to Reuters, defense contractor L3Harris Technologies announced on Friday, January 30, that it secured a U.S. Navy deal to develop its Red Wolf vehicles…
According to GameSpot, developer Respawn Entertainment announced it is shutting down the servers for Apex Legends on the Nintendo Switch. The upcoming Season 29 will…
According to Bloomberg Business, Binance co-founder Changpeng "CZ" Zhao has publicly rejected claims that his exchange caused the historic crypto market crash on October 10,…
According to Reuters, Michigan Attorney General Dana Nessel sent a letter on Friday demanding Chinese battery company Gotion Inc. return $23.7 million in state funds.…
According to Reuters, music streaming service Deezer has licensed its AI-detection technology to France's royalty agency, Sacem, in what it calls a landmark commercial deal.…
According to Fast Company, the European Union opened a formal investigation into Elon Musk's X platform on Monday, December 18th.…
According to Forbes, Signet Jewelers—the world's largest diamond jewelry retailer with brands like Kay, Zales, and Jared—has combined its digital…
According to Futurism, a recent paper by former SAP CTO Vishal Sikka and his son Varin Sikka makes a bold…
According to Phoronix, a new set of patches submitted to the Linux kernel's Direct Rendering Manager (DRM) subsystem now allows the firmware for Intel's discrete…
According to TechSpot, Microsoft's Q3 revenue hit $81.3 billion, a 17% jump, with net income up 21% to $38.3 billion. Its cloud business crossed a…
Revised Deforestation Law Eases Burden on Small Agricultural Producers The European Union is implementing significant modifications to its groundbreaking deforestation…
Budget Deficit Widens Beyond Expectations Britain’s fiscal landscape has taken a concerning turn as recent data reveals the government borrowed…
Island Homebuying Hurdles Spark Calls for Overhaul Recent experiences of Guernsey residents navigating the property purchase process have highlighted significant…
Medical Milestone in Storth Staffordshire In a groundbreaking medical advancement, Royal Stoke University Hospital has become the UK’s first medical…
The High-Stakes AI Chip Battle That Almost Changed Everything Recent revelations about NVIDIA’s monumental $100 billion investment in OpenAI reveal…
The Trust Deficit in Enterprise AI While artificial intelligence has captured global attention with impressive capabilities, businesses remain hesitant to…
Cercli, an AI-powered HR and payroll platform designed for MENA businesses, has raised an oversubscribed $12 million Series A. The startup reports scaling revenue over 10x and processing $100M+ in annual payroll, leveraging AI-native architecture to challenge legacy systems.
Cercli, a Dubai-based HR technology startup, has reportedly raised $12 million in an oversubscribed Series A funding round led by European venture capital firm Picus Capital. According to reports, the round saw participation from Knollwood Investment Advisory and existing investors Y Combinator, Afore Capital, and COTU Ventures. This investment marks Picus Capital’s first venture into the MENA region, with the firm having previously backed global HR companies such as Personio and Deel.
The Manufacturing Backbone in Trade Negotiations As trade tensions between the United States and China escalate, Beijing is leveraging its…
