Sources: Apple plans to build its own AI models for Visual Intelligence and add cameras to the Watch; the redesigned plastic Apple Watch SE faces serious issues (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
Sources: Apple plans to build its own AI models for Visual Intelligence and add cameras to the Watch; the redesigned plastic Apple Watch SE faces serious issues  —  Apple is exploring the idea of adding cameras and visual intelligence features to its smartwatch, thrusting the company into the AI wearables market.

IFPI: global music streaming revenues hit a record $20.4B in 2024, driven by paid subscription revenues of $15.15B, up 9.5% YoY; paid subscribers reached 752M (Murray Stassen/Music Business Worldwide)

Murray Stassen / Music Business Worldwide:
IFPI: global music streaming revenues hit a record $20.4B in 2024, driven by paid subscription revenues of $15.15B, up 9.5% YoY; paid subscribers reached 752M  —  MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of the global music industry.

Former staff, investors, and industry experts reflect on the demise of Dunzo, the Indian online delivery pioneer undone by mismanagement, competition, and more (Ananya Bhattacharya/Rest of World)

Ananya Bhattacharya / Rest of World:
Former staff, investors, and industry experts reflect on the demise of Dunzo, the Indian online delivery pioneer undone by mismanagement, competition, and more  —  Dunzo was a trailblazer in India’s online delivery sector, but things went awry when it shifted from its core strength.

Former staff, investors, and industry experts reflect on the demise of Dunzo, the Indian online delivery pioneer undone by mismanagement, competition, and more (Ananya Bhattacharya/Rest of World)

Ananya Bhattacharya / Rest of World:
Former staff, investors, and industry experts reflect on the demise of Dunzo, the Indian online delivery pioneer undone by mismanagement, competition, and more  —  Dunzo was a trailblazer in India’s online delivery sector, but things went awry when it shifted from its core strength.

NYC-based Carbon Arc, which operates a cloud service offering datasets optimized for AI use with consumption-based pricing, raised $56M led by Liberty City (Maria Deutscher/SiliconANGLE)

Maria Deutscher / SiliconANGLE:
NYC-based Carbon Arc, which operates a cloud service offering datasets optimized for AI use with consumption-based pricing, raised $56M led by Liberty City  —  Carbon Arc Inc., a startup that provides data for artificial intelligence models, has raised $56 million in funding to finance growth initiatives.

Dubai-based NymCard, whose APIs let financial institutions in 10+ MENA countries manage card issuance, transaction processing, and more, raised a $33M Series B (Omar Faridi/Crowdfund Insider)

Omar Faridi / Crowdfund Insider:
Dubai-based NymCard, whose APIs let financial institutions in 10+ MENA countries manage card issuance, transaction processing, and more, raised a $33M Series B  —  NymCard, the embedded finance platform operating across 10+ countries in MENA, has secured $33 million in its Series B funding round, led by QED Investors.