Startup
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DocuSign Purchases Lexion for $165 Million, Enhancing Its IAM Platform with Advanced AI Capabilities
In a strategic move to bolster its presence in the burgeoning field of Intelligent Agreement Management (IAM), Docusign, a leader in electronic agreement technology, has announced its acquisition of Lexion, an AI-driven agreement management software…
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Emerging from stealth, the new AI search engine Upend is powered by 100 large language models.
As the giants of technology like Google and Microsoft continue to enhance their search engines with generative AI, smaller companies are not just watching from the sidelines. They are aggressively entering the space with innovative…
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PayJoy built a $300M business by allowing underserved individuals to use their smartphones as collateral for loans.
In a bustling supermarket in Johannesburg, South Africa, Lerato Motloung, a mother of two, found herself without a lifeline when her phone was stolen. For nine long months, she navigated her daily life without the…
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RecurrentGemma from Google introduces cutting-edge language AI to edge devices.
In a move set to reshape the landscape of artificial intelligence (AI) on resource-constrained devices, Google unveiled its latest innovation, RecurrentGemma, yesterday. This open language model promises to unlock the potential of advanced AI text…
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AMD pledges significant enhancements in upscaling technology and a forward-compatible API with the release of FSR 3.1.
In the previous summer, AMD unveiled its latest innovation in image upscaling technology, FidelityFX Super Resolution (FSR) version 3.0, which introduced “Fluid Motion Frames” aimed at enhancing frame rates by generating and inserting interpolated frames…
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London-based regulatory technology firm GSS secures $47M in funding to assist banks with global sanctions screening.
Global Screening Services (GSS), a regulatory compliance firm based in London that assists financial institutions in adhering to international sanctions requirements, has successfully completed a funding round, securing $47 million. This funding achievement occurs against…
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Mistral AI secures strategic partnerships with leading technology firms, including Microsoft and IBM.
In a remarkable stride for the AI industry, the Paris-based startup Mistral AI has quickly emerged as a significant player in the field of artificial intelligence, securing landmark partnerships with tech giants such as IBM,…
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Camshaft states that a Byju’s subsidiary is the beneficial owner of funds amounting to $533 million.
In a significant development in the financial management sphere, Camshaft Capital, a prominent wealth management firm, has clarified in recent court filings the flow of a substantial sum of $533 million it managed for Byju’s…
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Nvidia momentarily exceeds a $2 trillion market capitalization during intraday trading
In a striking display of market confidence, Nvidia’s market valuation soared to over $2 trillion during Friday’s intraday trading, marking a significant moment for the company and its investors. This surge came on the heels…
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Izote Biosciences secures $2.6 million to advance an oxygen-free fermentation process.
Precision fermentation, while innovative for creating bio-based products like chemicals, medicines, and cultivated meat, remains expensive and challenging to scale up. Izote Biosciences, a burgeoning startup, is pioneering a novel approach that allows bacteria to…
