💰 Big data: Tel Aviv-based Speedata has raised $44 million to boost its analytics processing unit (APU) tech that's designed to accelerate big data analytics and AI workloads. Existing investors like Walden Catalyst and new investors like Intel's Lip-Bu Tan participated in the round. Read More
🚁 Rise up: Joby Aviation might have a major distributor for its eVTOLs in Saudi Arabia. The company signed an MoU with Abdul Latif Jameel (ALJ) to distribute up to $1 billion worth of air taxis across its network in the Middle East over the coming years. Read More
🪑 Time for a change: Indeed's CEO Chris Hyams is stepping down as CEO after 15 years at the firm. Hisayuki Idekoba, CEO of Recruit, Indeed's parent firm, will step in as CEO -- it's a role Idekoba has held before, and he's returning after a six-year break. Read More
🤳 Get those gains: TikTok has launched TikTok for Artists, a music insights platform that the company says will help artists help connect with fans, improve promotional efforts, and understand what to upload. Read More
🌈 Pot of gold: Irish fintech NomuPay has raised $40 million from SB Payment Service, a subsidiary of Japanese telco SoftBank, at a $290 million valuation. NomuPay helps merchants process cross-boarder payments in Asia, Europe, MENA, and the U.S. Read More