More money going to African climate startups, but huge funding gap remains

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NAIROBI, Kenya — When Ademola Adesina founded a startup to provide solar and battery-based power subscription packages to individuals and businesses in Nigeria in 2015, it was a lot harder to raise money than it is today. Climate tech was new in Africa, the continent was a fledgling destination for venture capital money, there were fewer funders to approach and less money was available, he said. It took him a year of “running around and scouring” his networks to raise his first amount — just under $1 million — from VC firms and other sources. “Everything was a learning experience,” hemore

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US Air Force leader takes AI-controlled fighter jet ride in test vs human pilot

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EDWARDS AIR FORCE BASE, Calif. — With the midday sun blazing, an experimental orange and white F-16 fighter jet launched with a familiar roar that is a hallmark of U.S. airpower. But the aerial combat that followed was unlike any other: This F-16 was controlled by artificial intelligence, not a human pilot. And riding in the front seat was Air Force Secretary Frank Kendall. AI marks one of the biggest advances in military aviation since the introduction of stealth in the early 1990s, and the Air Force has aggressively leaned in. Even though the technology is not fully developed, the servicemore

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AI scams could become ‘growth industry of all time,’ warns Buffett

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omaha, nebraska — Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become “the growth industry of all time.”  Doubling down on his cautionary words from last year, Buffett told the throngs he recently came face to face with the downside of AI. Someone made a fake video of Buffett, apparently convincing enough that Buffett himself said he could imagine it tricking him into sending money overseas.  The billionaire investing guru predicted scammers will seize on the technology and may do more harm with it than good.  “Itmore

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