Funding led by Cherry Ventures will support Plato’s mission to transform sales and operational efficiency in the wholesale distribution sector. Berlin-based startup Plato, an AI-driven ERP automation platform for wholesale distributors, has raised $6.5 million in Pre-Seed funding. The round was led by Cherry Ventures, with participation from the German government and a group of […]
Tom Duff Gordon, Coinbase’s Vice President of International Policy, recently shared insights on the promising intersection of artificial intelligence (AI) and blockchain, the evolving regulatory landscape for cryptocurrency, and Coinbase’s strategic vision outside the U.S. At the recent Innovate Finance conference in the UK, Duff Gordon highlighted AI and blockchain as transformative forces with the […]
London, United Kingdom – November, 2024 – Behavox, a global leader in AI-powered compliance solutions for the financial services industry, announced today that it has secured a $70 million credit facility from Hercules Capital, Inc. (NYSE: HTGC). This substantial funding further strengthens Behavox’s liquidity, providing resources for strategic acquisitions and the development of new product […]
London, 28 October 2024 – Zilch, the fintech disruptor behind the world’s first ad-subsidised payments network (ASPN), has announced a major expansion of its securitisation facility, adding £50 million to reach a total of £150 million. This financing round sees fresh backing from two of the world’s largest credit funds, with Deutsche Bank serving as […]
London, UK – [Insert Date] – MyGuava, in collaboration with Crystal Palace Football Club, is excited to announce the launch of exclusive Crystal Palace Fan Cards, offering a range of rewards and perks designed to enhance the fan experience. This partnership provides supporters with a unique opportunity to celebrate their connection to the club while […]
San Francisco, CA – [November 2024] – OpenAI has officially launched ChatGPT Search, a groundbreaking evolution of its previously unveiled SearchGPT prototype, aimed at transforming the online search landscape. The new feature, integrated into the ChatGPT platform, is designed to deliver timely, relevant answers to users’ queries by drawing from a wide array of online […]
With projections that the sales intelligence market will grow from $4 billion in 2024 to over $10 billion by 2032, Persana AI is setting new standards for go-to-market (GTM) teams by transforming sales prospecting through cutting-edge AI solutions. Today, the company announces a successful $2.3 million seed funding round, with backing from Y Combinator, Race […]
Brussels, Oct. 31, 2024 – Nvidia, the prominent U.S.-based chipmaker, is set to pursue European Union antitrust clearance for its proposed acquisition of the AI infrastructure startup Run:ai. The European Commission’s move highlights heightened regulatory scrutiny on transactions that could impact market competition, particularly within high-growth sectors like artificial intelligence. Nvidia’s acquisition of Israel-based Run:ai, […]
In its first budget in more than a decade, Chancellor Rachel Reeves has introduced substantial tax increases and public spending hikes aimed at stabilizing the UK economy. Experts warn that the policy measures may alter the course of future interest rate cuts, with inflation and borrowing costs expected to see a modest uptick. Unveiled in […]
Montenegro-based Buddy.ai, an AI-driven tutoring app designed to provide one-on-one education for children, has secured €10.2 million in seed funding, bringing its total capital to €12 million. Leading the round is BITKRAFT Ventures, an investment firm specializing in gaming and interactive media, with contributions from Educapital, One Way Ventures, J Ventures, Point72 Ventures, and Goodwater […]
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