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Venture Capital News

Funding rounds, launches, acquisitions and market moves — summarised by our AI from thousands of sources and linked to the startups and funds behind them. 42,089 stories in the archive.

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Thursday, May 23, 2024
Funding

Majority Neobank Secures $20M in Funding

Majority, a Miami-based neobank specializing in providing financial services to migrants in the US, recently announced a successful funding round that raised a total of $20 million. This funding round consisted of a combination of equity…

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Enifer's Groundbreaking Journey: A New Era in Mycoprotein Production

Enifer, a pioneering Finnish biotech startup, has recently made waves in the protein industry by securing an impressive €36 million in funding. This substantial investment is set to fuel the construction of a state-of-the-art mycoprotein…

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Regulation and Innovation: The Battle for AI Dominance

The landscape of AI technology is rapidly evolving, with major players vying for dominance in the market. Scott Galloway, a prominent voice in the tech industry, emphasizes the need for regulation to foster competition and innovation. On…

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The Evolution of GPT-4o: A Revolutionary Leap in AI Technology

OpenAI's recent launch of GPT-4o has sent shockwaves through the AI community, marking a significant advancement in artificial intelligence technology. This new iteration of the ChatGPT chatbot system promises a more natural and engaging…

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Funding

Hugging Face Fights AI Monopoly with $10M in Computing Resources

Hugging Face, a machine learning platform, is allocating $10 million for free GPUs through the ZeroGPU project to help developers create new open AI technologies. The goal is to empower small developers, scientists, and startups to combat…

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Vulnerabilities in AI Chatbots Exposed by UK Researchers

By John Lopez Published May 20, 2024 8:49AM EDT The United Kingdom's AI Safety Institute (AISI) has unveiled a shocking revelation - all tested AI chatbots are susceptible to easy jailbreaks. This discovery comes just days before a global…

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Hugging Face's Fight Against AI Monopolies

Hugging Face, a machine learning platform, is allocating $10 million for free GPUs through ZeroGPU project to empower developers in the AI field. The goal is to combat the centralization of AI achievements by tech giants. CEO Clem Delang…

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Unveiling the Enigmatic Minds of AI Giants

In a groundbreaking move towards enhancing the safety of artificial intelligence (AI), 16 of the world's foremost AI firms have announced new safety commitments at a global summit in Seoul. This significant agreement, highlighted by the…

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Wednesday, May 22, 2024

Nisun International Faces Nasdaq Deficiency Notice

Nisun International Enterprise Development Group Co., Ltd, a technology-driven integrated supply chain solutions provider, recently found itself in a challenging position after receiving a notice of non-compliance from Nasdaq Stock Market…

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Gaotu Techedu's Financial Rollercoaster

Gaotu Techedu Inc. (NYSE: GOTU) recently unveiled its unaudited financial results for the first quarter of 2024, showcasing a mix of highs and lows in its performance. Net revenues soared by 33.9%, reaching RMB946.9 million, while gross…

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LILYSILK Shines Bright with Triple Wins in 2024 Beauty Awards

LILYSILK, a beacon of luxury and sustainability, sweeps three major beauty awards in 2024, showcasing their commitment to excellence and innovation. Renowned for their dedication to luxury, innovation, and sustainability, LILYSILK has…

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Quobly's Quantum Revolution: A Leap into the Future of Computing

In a bold move towards the forefront of quantum technology, Quobly, a distinguished French quantum startup, has recently announced the formation of its Scientific Advisory Board. This esteemed board, comprised of renowned international…

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SquareX Shines Bright at Cyber Entrepreneurship Summit 2024

A rising star in the cybersecurity realm, SquareX, dazzled attendees at the Cyber Entrepreneurship Summit 2024 with its innovative browser-native security solution. The event, held at the Nasdaq Entrepreneurial Center in San Francisco, saw…

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Funding

Capchase's Financial Boost from Deutsche Bank

In a strategic move to bolster its financial capabilities, Capchase, a leading revenue acceleration platform catering to Software-as-a-Service (SaaS) companies, has successfully secured a substantial €105 million credit facility warehouse…

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