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AI News
Baselayer snaps $6.5M to use AI to combat fraud and optimise business onboarding
The banking industry has long faced challenges in verifying small businesses during Know Your Business (KYB) reviews, resulting…
May 1, 2024
AI-powered pregnancies: Female-founded Ovom Care closes €4.8M to expand across Europe
Ovom Care, a German digital-first fertility startup, has closed €4.8 million in seed funding. The round was led…
April 30, 2024
OpenAI for chemistry: Y Combinator-backed Yoneda Labs raises $4M funding
San Francisco-based Yoneda Labs, a Y Combinator-backed AI drug discovery startup, has raised $4 million in seed funding.…
April 29, 2024
Indigitall, Meta’s partner for WhatsApp Business in Spain, raises €6M for AI-powered marketing automation
Spain-based marketing automation AI startup Indigitall provides a SaaS solution to personalise digital communications between brands and their…
April 29, 2024
Octomind raises $4.8 million to combat bugs in human and AI-generated code
In 2024, the majority of software development is shifting to no-code tools and AI-generated code. The latest research…
April 26, 2024
ChatGPT rival from Elon Musk: xAI to close $6B funding at $18B valuation
xAI, Elon Musk’s rival to OpenAI’s ChatGPT, is all set to raise $6 billion on a pre-money valuation…
April 26, 2024
Navigating the NATIX revolution: $9.6M funding puts geospatial data in the fast lane
NATIX Network, an AI-based platform utilising edge computing for real-time geospatial data collection, has secured $4.6 million in…
April 26, 2024
Apple, Intel, NVIDIA, and Tesla veterans spearhead effort to redefine AI computing with $30M funding
FlexAI, a universal AI compute company, has officially debuted with a $30 million seed funding round led by…
April 26, 2024
Unicorn alert: ChatGPT rival Perplexity AI raises $62.7M at $1B valuation for AI-powered search engine
Since the launch of OpenAI’s ChatGPT, Google, Meta, and other tech giants are exploring ways to integrate GenAI…
April 25, 2024