June 24, 2024
Tech News
Google has introduced Gemini AI features to Gmail, offering paying customers the ability to summarize email threads and draft new emails through a sidebar. This AI enhancement is also extended to Docs, Sheets, Slides, and Drive for Google Workspace customers with specific add-ons or Google One AI Premium subscribers. The update aims to simplify email management but comes with a caution about AI’s potential inaccuracies.
TechWolf, a Belgian startup, has secured $43 million in funding to enhance internal recruiting with AI. The company’s AI engine analyzes internal workflow data to help managers and recruiters better understand employees’ skills and interests, facilitating more effective project assignments and training opportunities. The funding round, led by Felix Capital and including major HR tech investors, values TechWolf at around $150 million.
Egyptian fintech Connect Money has raised $8 million to enable non-bank businesses to offer financial services, such as issuing debit and credit cards. The startup aims to expand its services beyond Egypt to other African markets. The funding round was co-led by several Egypt-based venture capital firms, supporting Connect Money’s mission to simplify access to financial services for businesses and their customers.
EcoFlow has unveiled the Delta Pro 3, a portable solar generator capable of powering homes during blackouts, RVs, or outdoor events. The generator features enhanced storage capacity, powerful inputs and outputs, and quieter operation. It can be scaled up for larger power needs and charged through various methods, including solar and AC wall chargers. The Delta Pro 3 is marketed as a versatile power solution for a range of applications.
Tech Explained
AI – AI, or Artificial Intelligence, refers to the simulation of human intelligence processes by machines, particularly computer systems. In the context of the news, AI is used to enhance email management, internal recruiting, and financial services.
Fintech – Fintech, short for Financial Technology, is the use of technology to improve and automate financial services. Connect Money, the Egyptian startup, operates in the fintech sector to enable non-bank businesses to offer financial services.
Solar Generator – A solar generator is a device that captures and stores solar energy to provide electricity for various applications. EcoFlow’s Delta Pro 3 is a portable solar generator designed for powering homes, RVs, and outdoor events.
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