Zed Raises M Series B Led by Sequoia to Scale Collaborative AI Coding Vision

Zed Raises $32M Series B Led by Sequoia to Scale Collaborative AI Coding Vision

Zed Industries, creator of the high-performance open-source code editor Zed, today announced it has raised $32 million in Series B funding led by Sequoia Capital, bringing total funding to over $42 million. The investment will accelerate development of new capabilities that enable real-time collaboration between developers and AI agents directly within code. Contextual and Collaborative…

Read More
Standard Bank raises alarm over AI-driven fraud

Standard Bank raises alarm over AI-driven fraud

Standard Bank has warned its clients of a rise of “spoofing” scams in recent months, where fraudsters use AI-generated voices and e-mails to impersonate bank officials. “These scams are increasingly difficult for customers to identify, as calls and e-mails appear to come from their banks’ legitimate contact details,” the bank said in a statement on…

Read More
Africa: Tanzania’s Roar – Unbeaten Run Raises Trophy Talk, Madagascar Hold On

Africa: Turnstay Raises $2m to Scale Travel Payments Across Africa

South African travel-focused fintech TurnStay has raised $2 million in seed funding to expand across African markets The round was led by First Circle Capital and joined by TLcom Capital, Enza Capital, Incisive Ventures, CVVC, and Equitable Ventures The startup operates a merchant-of-record structure combined with payment orchestration, allowing card payments to be processed in…

Read More
Hacking humans: AI raises the bar for phishing

Hacking humans: AI raises the bar for phishing

Barry Neethling, Chief Technology Officer for First Technology Group. (Image: Supplied) Humans – long acknowledged as the weakest link in cyber security – are now weaker than ever before in the face of advanced AI phishing and hacking techniques. This risk is increasing as the end of Windows 10 support looms. This is according to…

Read More