Laptop without a screen and the Finik electronic wallet: what's new in Central Asia and around the world

A new electronic wallet, Finik, has appeared in Kyrgyzstan

Mancho has launched a new electronic wallet called Finik. The product was developed to provide users with fair conditions for managing their finances. The main feature of Finik is that all services, except for government services, will be provided without any commission.

Nvidia's market capitalization exceeds $3 trillion

Shares of the chip manufacturer rose by nearly 3%, resulting in Nvidia's capitalization exceeding $3 trillion for the first time. Nvidia became the third company in history to cross this threshold, following Apple and Microsoft.

ElevenLabs launches an AI sound effects generator based on text descriptions

ElevenLabs has introduced a new tool, AI Sound Effects, which uses generative AI to create sound effects from text prompts. During the development of the model, ElevenLabs collaborated with Shutterstock, which has provided licenses for its materials to many AI companies, including OpenAI, Meta, and Google.

Kazakh startup Bank4.me raises investment at a valuation of $5 million

Bank4.me has secured investment from US and UAE venture funds, Big Sky Capital and PI Capital Limited. The startup's valuation stands at $5 million. The investments will be directed at scaling the business in Uzbekistan and Azerbaijan, as well as creating more efficient and profitable products in Kazakhstan.

CodiPlay recognized as a UN digital public good

CodiPlay, a leading edtech startup, has been awarded the status of a digital public good by the Digital Public Goods Alliance, an initiative supported by the UN Secretary-General. This prestigious recognition makes CodiPlay the third company in Kazakhstan to receive this status, highlighting its significant contribution to global educational practices.

Screenless laptop released: Sightful Spacetop G1 with 85-gram AR glasses

Sightful has presented the Spacetop G1 laptop, which uses AR glasses instead of a screen to display a 100-inch workspace. The glasses weigh only 85 grams, and the laptop itself can be pre-ordered for $1700. Starting in October, the price will be $1900.

GVA Alatau Fund, along with MOST Ventures and other private investors, funded Kazakh startup Dereknet

The ceremonial signing of the investment agreement with Dereknet took place during CEVF 2024. The investments will be directed at scaling the business in the MENA region, as well as entering the North Sea and North American markets.