Apple Cuts AI Spending: Major Shift in Engineering Strategy In a surprising move, Apple has announced a significant reduction in its daily AI expenditure for engineering teams, as reported by Bloomberg. This marks a pivotal change for a tech giant that has been at the forefront of integrating artificial intelligence into its operations. Key Updates … Read more
India’s EloElo Secures $80M from NBCUniversal for Microdrama
Olivia D
Microdrama Phenomenon: EloElo’s Story TV Raises $80 Million Amid India’s Entertainment Boom More than 118 million users are tuning into microdramas every month, marking a significant surge in this serialized format within India. Among the front-runners in this burgeoning space is EloElo’s Story TV, a platform boasting over 33 million active users, as reported by … Read more
Yvonne Bajela Invests $17M in Europe’s Startup Boom
Olivia D
Yvonne Bajela Launches Evertrue: A New Chapter in Venture Capital In a significant move for the venture capital landscape, Yvonne Bajela has officially launched her own fund, Evertrue, after over a decade of experience in the industry. This foundational moment comes on the heels of her previous roles at LocalGlobe and Impact X Capital Partners, … Read more
