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Synthetaic claims synthetic data is as good as the real thing when it comes to AI

February 6, 2024

Remember the Chinese “spy” balloon from 2023? If not, here’s a refresher: about a year ago, a high-altitude balloon originating from China flew across American airspace largely undetected. Later spotted — and shot down — by the U.S. Air Force, the balloon proved difficult for curious civilian lookers-on to trace back to its origin — […]

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Spotify crosses the 600M monthly active users mark

February 6, 2024

Streaming service Spotify announced today that the service now has more than 600 million monthly active users. The company said in its Q4 2023 earnings report that it added 28 million users in the quarter, which marks the second biggest quarterly gain in the company’s history. The Sweden-based company noted that apart from having 602 […]

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Ambience Healthcare raises $70M for its AI assistant led by OpenAI and Kleiner Perkins

February 6, 2024

Artificial intelligence has an increasing role in the world of healthcare, and startups that bring the two worlds closer are seeing significant traction with customers, and investors. In the latest development, Ambience Healthcare — has developed what it describes as an “operating system” for healthcare organizations to help clinicians complete the substantial administrative work required […]

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We are having the wrong debate about Biden’s decision on liquefied natural gas

February 6, 2024
Late last month, the Biden administration announced it’s suspending permit applications for exporting liquefied natural gas (LNG) as it reevaluates the economic, environmental, and climate impacts of the fuel. LNG is produced by cooling natural gas into a liquid state, making it easier to store and ship to overseas markets. Natural gas itself has been…

Techstars-backed Nigerian edtech Klas raises $1M for global scaling of online teaching platform

February 6, 2024

Nigerian online teaching platform Klas has raised $1 million in pre-seed funding led by Ingressive Capital, with participation from Techstars, HoaQ Capital, and several angel investors. Founded in 2022 by Nathan Nwachuku and Lekan Adejumo, Klas enables users to create and sell ebooks, courses, and live classes. The platform offers essential class components such as […]

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CRED to acquire mutual fund startup Kuvera in wealth management push

February 6, 2024

Indian fintech startup CRED has reached an agreement to buy mutual fund and stock investment platform Kuvera as part of an expansion into wealth management. The $6.4 billion Bengaluru-headquartered startup said it was attracted by Kuvera’s experienced team and expertise in enabling customers to invest directly in mutual funds and stocks with advisory and tracking […]

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Open Source ‘headless commerce’ builder Saleor closes $8M round led by Target Global and Zalando

February 6, 2024

Saleor — a Poland and U.S.-based startup that develops an open-source headless’ e-commerce platform that developers then use to build online shops — has pulled in an $8 million Seed-extension round led by Target Global (the investors which have previously backed the likes of Revolut and Auto1), and e-commerce giant Zalando. Also participating were SNR […]

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Colossyan uses GenAI to create corporate training videos

February 6, 2024

Most people don’t watch corporate training videos — or, in cases where the training’s mandatory, don’t give them their full attention. According to a recent poll from Kaltura, the video tech provider, 75% of staffers admit to skimming through training videos, watching them without sound or listening to them while multitasking. So, given that training […]

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