Tag: Microsoft
Divesting from one facial recognition startup, Microsoft ends outside investments in the tech
Microsoft is pulling out of an investment in an Israeli facial recognition technology developer as part of a broader policy shift to halt any minority investments in facial recognition startups, the company announced late last week. The decision to withdraw its investment from AnyVision, an Israeli company developing facial recognition…
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It looks like Brandon Middaugh is heading up the $1B Microsoft climate fund
Earlier this year, Microsoft made waves in the corporate community by coming out with one of the most ambitious and wide-ranging strategies to reduce carbon emissions from the company’s operations. Part of that plan was a $1 billion fund that would invest in climate change mitigation technologies — specifically focused…
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Inside Udaan’s push to digitize India’s B2B retail market
During a recent visit, Microsoft chief executive Satya Nadella reiterated his company’s commitment to India and revealed a new fund to help SaaS startups in the country. And then Nadella and Anant Maheshwari, president of Microsoft India, discussed the success story of B2B platform Udaan in three separate onstage public…
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Tech giants should let startups defer cloud payments
Google, Amazon, and Microsoft are the landlords. Amidst the Coronavirus economic crisis, startups need a break from paying rent. They’re in a cash crunch. Revenue has stopped flowing in, capital markets like venture debt are hesitant, and startups and small-to-medium sized businessesf are at risk of either having to lay…
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Microsoft acquires 5G specialist Affirmed Networks
Microsoft today announced that it has acquired Affirmed Networks, a company that specializes in fully virtualized, cloud-native networking solutions for telecom operators. With its focus on 5G and edge computing, Affirmed looks like the ideal acquisition target for a large cloud provider looking to get deeper into the telco business.…
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Zindi taps 12,000 African data scientists for solutions to COVID-19
Since its inception, Cape Town based crowdsolving startup Zindi has been building a database of data scientists across Africa. It now has 12,000 registered on its its platform that uses AI and machine learning to tackle complex problems and will offer them cash-prizes to find solutions to curb COVID-19. Zindi…
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