Startup
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Ferretly Raises $2.5M and Introduces Election Screening Tool
AI social media vetting startup Ferretly has secured $2.5 million in seed funding and is launching a new platform specifically designed for screening election personnel. Ferretly, founded in 2019 by Darrin Lipscomb, utilizes artificial intelligence…
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CloudPay Secures $120M in New Funding to Drive Global Payroll Innovation
CloudPay, a global payroll services provider, has secured $120 million in new funding, marking a significant milestone in its ongoing expansion. The funding round, led by Blue Owl Capital, brings CloudPay’s total capital raised to…
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Lab-Grown Meat Industry Struggles Despite $1.6 Billion Investment
The lab-grown meat industry is facing significant challenges despite receiving $1.6 billion in venture capital funding. Since Mosa Meat introduced the first lab-grown hamburger in 2013, costing over $300,000, approximately 200 startups worldwide have aspired…
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Baidu’s Self-Reasoning AI Ends ‘Hallucinating’ Language Models
Baidu has unveiled a significant breakthrough in artificial intelligence, introducing a “self-reasoning” framework designed to enhance the reliability and trustworthiness of language models. This novel approach allows AI systems to critically evaluate their own knowledge…
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Digital Marketing Startup Expands Portfolio with Precursor Ventures-Backed Acquisition
Clutch, a platform connecting businesses with digital marketing and content creators, has been acquired by the online social network Plaiced. The acquisition was confirmed by Clutch’s co-founder, Madison Long, in a recent interview with TechCrunch.…
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Stripe Expands Portfolio with Acquisition of Payment Startup Lemon Squeezy
Payments giant Stripe has acquired Lemon Squeezy, a four-year-old competitor, according to an announcement made by Lemon Squeezy on Friday. The terms of the deal were not disclosed. Expanding Merchant of Record Services Lemon Squeezy,…
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Nebius Rises from Yandex’s Ashes to Become Europe’s Leading AI Compute Contender
When is a startup not a startup? When it’s a public company with 1,300 employees and $2.5 billion in capital. This is the reality for Nebius, a new AI infrastructure business emerging from the former…
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Lhoopa raises $80M to spur more affordable housing in the Philippines
A lack of affordable housing is a growing problem worldwide, even in emerging markets with significant demand. Traditional developers and real estate companies often focus on luxury houses, avoiding the immense operating expenses associated with…
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Presti Enhances Furniture Industry Product Photography with Generative AI
If you’ve ever bought a sofa on an online store, you might have noticed the beautiful homes featured in the background of product images. These photoshoots, showcasing furniture in styled settings, are not only time-consuming…
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Quantum Rise Secures $15M Seed Funding for AI-Powered ‘Consulting 2.0’ Venture
Quantum Rise, a Chicago-based startup specializing in AI-driven automation, has announced the successful closing of a $15 million seed round from Erie Street Growth Partners. The startup’s innovative approach is drawing comparisons to industry leader…
