Philippine MSMEs may benefit from AI-fueled cybersecurity automation

FILIPINO micro, small and medium enterprises (MSMEs) should use automated cybersecurity solutions powered by artificial intelligence (AI) amid rising cyber threats, according to Palo...

Tech investors should want more than startup unicorns

IT’S BEEN A DECADE since the term “unicorn” was coined by Silicon Valley venture capitalist Aileen Lee to describe startups that reached a $1-billion valuation. The name quickly became coveted. Yet today, unicorns aren’t so rare.

AI startup Perplexity says news summary tool has ‘rough edges’

PERPLEXITY AI, a startup building a real-time artificial intelligence (AI)-powered search engine to complete with Alphabet, Inc.’s Google, has launched a new feature that...

Manila moves up in ranking at the 2024 Global Startup Ecosystem Report

Manila moves up to 81-90, from 91-100 last year, in the Emerging Startup Ecosystem group ranking of the Global Startup Ecosystem Report 2024 (GSER...

Miguelitos eyes overseas franchise for ice cream, sees strong demand

FILIPINO ice cream maker Miguelitos International Corp. is set to launch franchises in New Zealand and Dubai as it expects strong international demand, according...

Short on curbside chargers, New York EV drivers are improvising

SITTING behind the wheel of her gray Tesla Model Y, Brooklyn resident Stephanie Doba uses her phone to punch the make, model and license...

Magic mushrooms get Canadian export license in psychedelic race

CANADA has licensed a startup to export psychedelics to Australia for patient use, the latest milestone in a contest to supply the potential growth...

Local paper producer helps PHL clients use eco-friendly packaging

PRESTIGE Paper Products is helping other Philippine companies to commit to their sustainable initiatives by supplying them with eco-friendly paper materials. “We’ve been seeing...

France looks to elusive EU capital market to fix startup funding

PARIS — France is banking on a new push to integrate the European Union’s (EU) fragmented capital markets to give them the scale needed...

India’s space startup calls off maiden rocket launch for a fourth time

BENGALURU — India’s Agnikul Cosmos called off a test flight of its first rocket on Tuesday seconds before it was due to launch —...

COVID-19 shut down businesses but also spurred entrepreneurship

THE coronavirus pandemic shuttered a number of businesses amid lockdowns, but it also harnessed the entrepreneurial spirit of Filipinos. “The biggest trend is that more...

Temasek backs OpenAI investor’s new $250-M tech fund

ALPHA Intelligence Capital (AIC), which invests in artificial intelligence (AI) companies including OpenAI, is raising a $250-million fund and has attracted government-owned entities of...