UAE-based Tenderd, which uses AI to help reduce emissions, raised $30M led by Danish firm A.P. Moller, following a Peter Thiel-backed $5.8M seed in 2019 (Fahad Abuljadayel/Bloomberg)

Fahad Abuljadayel / Bloomberg:
UAE-based Tenderd, which uses AI to help reduce emissions, raised $30M led by Danish firm A.P. Moller, following a Peter Thiel-backed $5.8M seed in 2019  —  - Oil giant set up Wa'ed Ventures to invest in tech startups  — Tenderd says Aramco, Maersk are potential new customers

Apple's OpenAI partnership took up just two minutes of its one hour and 45 minute WWDC keynote, as the company focused on its own Apple Intelligence products (Nick Turner/Bloomberg)

Nick Turner / Bloomberg:
Apple's OpenAI partnership took up just two minutes of its one hour and 45 minute WWDC keynote, as the company focused on its own Apple Intelligence products  —  Apple's keynote presentation at its Worldwide Developers Conference lasted more than an hour and 45 minutes, but only about two minutes were devoted to OpenAI's ChatGPT.

Raspberry Pi jumps by up to 39% on its London trading debut, hitting a £542M market cap, after pricing shares at £2.80, and expects to ship 8.4M PCs in 2024 (Stephanie Stacey/Financial Times)

Stephanie Stacey / Financial Times:
Raspberry Pi jumps by up to 39% on its London trading debut, hitting a £542M market cap, after pricing shares at £2.80, and expects to ship 8.4M PCs in 2024  —  Listing set to give creator of low-cost computers a market valuation above £542mn

Sources: Shein recorded $32.2B in sales in 2023, up 40% YoY, compared with 37% YoY growth in 2022, and doubled its net profit to $1.6B, for a 5% profit margin (Jing Yang/The Information)

Jing Yang / The Information:
Sources: Shein recorded $32.2B in sales in 2023, up 40% YoY, compared with 37% YoY growth in 2022, and doubled its net profit to $1.6B, for a 5% profit margin  —  China-founded fast fashion giant Shein lifted its net profit margin even as it posted slightly faster revenue growth in 2023 …

Nokia CEO Pekka Lundmark made a phone call using new "immersive audio and video" tech that uses 3D sound on a 5G smartphone, as part of the 5G Advanced standard (Supantha Mukherjee/Reuters)

Supantha Mukherjee / Reuters:
Nokia CEO Pekka Lundmark made a phone call using new “immersive audio and video” tech that uses 3D sound on a 5G smartphone, as part of the 5G Advanced standard  —  Nokia (NOKIA.HE) CEO Pekka Lundmark made a phone call using a new technology called “immersive audio and video” …

A look at the problems of building AI products, like inaccurate answers, and potential solutions, like focusing on narrow domains and abstracting the outputs (Benedict Evans)

Benedict Evans:
A look at the problems of building AI products, like inaccurate answers, and potential solutions, like focusing on narrow domains and abstracting the outputs  —  I will fly to India on Monday for a brief trip, and so I just spent an hour struggling through a very buggy online visa application process.