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Monthly Archives: February 2025
Unique, a Swiss AI platform for finance, raises $30M
A four-year-old Swiss startup has raised a sizable chunk of change to capitalize on the burgeoning “agentic AI” movement. Unique said on Thursday that it has raised $30 million in a Series A funding round that was led by London-based … Continue reading
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Taktile helps fintechs build automated decision-making workflows
The automated logic behind many financial decisions — for example, decisions that determine whether a client is approved for a credit line — is hard-coded. Often, it’s not easily changed. If a head of credit at a bank wanted to … Continue reading
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Reddit co-founder says Meta’s end to third-party fact-checking is ‘very pragmatic’
“It is impossible to do fact-checking at scale, let alone in real time, as Facebook was trying to do,” Reddit co-founder Alexis Ohanian told CNBC.
CrowdStrike Security Report: Generative AI Powers Social Engineering Attacks
Trends in cybersecurity across 2024 showed less malware and phishing, though more social engineering. CrowdStrike offers tips on securing your business.
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Instagram may spin off Reels into a separate app
Meta is mulling launching a standalone app for short-form videos, The Information reported, citing an anonymous source who heard Instagram head Adam Mosseri talking about the project to staff. The project is reportedly code-named Project Ray that aims to improve … Continue reading
Nvidia warns of growing competition from China’s Huawei, despite U.S. sanctions
U.S. chip giant Nvidia is increasingly warning investors about competition from Huawei, despite U.S. restrictions on the Chinese telecommunications company.
Meta apologizes after Instagram users flag flood of graphic and violent content
Meta has apologized for a mistake that resulted in some Instagram users reporting a flood of violent and graphic content on their recommended content feeds.
Europe’s Relay pulls in $35M Series A after applying Asia’s model to delivery
Being somewhat later than Europe in adopting the idea of parcel delivery, much of Asia built its delivery infrastructure around e-commerce, effectively “Uberizing” how deliveries worked down to the last mile. Think DoorDash but for parcels, not food. This is … Continue reading
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Lonestar and Phison’s data center infrastructure is headed to the moon
Data storage and resilience company Lonestar and semiconductor and storage company Phison launched a data center infrastructure on a SpaceX rocket on Wednesday that’s headed to the moon. The companies are sending Phison’s Pascari storage — solid state drives (SSDs) … Continue reading
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Commercetools, a pioneer in ‘headless commerce’, lays off dozens of staff
Commercetools — a “headless commerce” platform that provides APIs to companies building online storefronts — saw a major boost in its business just a few years ago, raising money at whopping $1.9 billion valuation as the world went shopping online … Continue reading
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