PwC Africa is increasing its investment in AI transformation services as the firm reported 3.4% revenue growth to $546 million in its latest financial year. The professional services firm plans to scale up its AI capabilities across its African operations.
Source: ITWeb
Anthropic's seven co-founders plan to sell shares in an upcoming IPO, with each founder set to receive approximately $250 million while maintaining collective control of the company. The founders are selling identical numbers of shares at the IPO price midpoint. Source: TechCrunch
Oura, a health tracking wearable company, is acquiring AI-native primary care startup Counsel Health for $625 million. The acquisition follows Oura's decision to indefinitely postpone its planned IPO citing market uncertainty. Source: TechCrunch
PSI is leveraging an unreleased Anthropic AI model to address a long-standing fundamental question in quantum computing that has eluded scientists for approximately two decades. The company is attempting to commercialize AI-driven scientific discovery as a business model. Source: TechCrunch
OpenAI has introduced new business profiles for ChatGPT, enabling companies to create dedicated profiles that appear in search results and user interactions. The feature positions ChatGPT as a business discovery platform, similar to how Google surfaces local businesses and services. Source: TechCrunch