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Grayscale faces regulatory hurdle as SEC labels Filecoin a security
Digital currency asset management firm Grayscale Investments announced on May 17 that it had received a request from the U.S. Securities and Exchange Commission (SEC) to withdraw its Filecoin Trust application. The SEC’s request for withdrawal is based on the classification of the decentralized storage network Filecoin as a security, which makes it subject to…
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BTS lanza sencillo digital para la serie animada ‘Bastions’
La sensación del K-pop BTS ha lanzado un nuevo sencillo digital titulado “The Planet” como parte de la serie animada “Bastions”. La pista fue lanzada hoy a la 1 p.m. KST y marca el primer lanzamiento del grupo como una unidad completa desde el álbum recopilatorio “Proof”, que presenta el sencillo “Yet To Come”, en…
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Doug Pederson de los Jaguars habla sobre el minicampamento de novatos y el calendario de 2023
Durante su aparición en el minicampamento de novatos de 2023 en TIAA Bank Field el viernes por la mañana, el entrenador en jefe de los Jacksonville Jaguars, Doug Pederson, estaba contento con el calendario de juegos del equipo para la próxima temporada. El calendario de la NFL 2023 se publicó la noche anterior y reveló…
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AI’s Potential Dangers Prompt ‘Godfather of AI’ to Leave Google
Geoffrey Hinton, popularly referred to as the ‘Godfather of Artificial Intelligence’ (AI), has surprisingly resigned from his position at Google to express caution about the risks connected to the technology he helped develop. Over his four-decade career, Hinton’s groundbreaking work on deep learning and neural networks has enabled the development of many of today’s AI…
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Seattle startup raises $3.2M to simplify annual report filing
Seattle-based legal startup SingleFile has raised $3.2 million to simplify the process of filing state-mandated annual reports for companies. Founded in 2019 by former ProQuest executive Sean Flynn — who is now the startup’s chief growth officer — SingleFile provides a platform where companies can streamline report filing so every document is in order and…
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Taiwanese startup raises $5.6M to improve productivity in factories
Taiwan-based startup Profet AI has raised $5.6 million to help manufacturers improve their productivity using artificial intelligence and machine learning solutions. Manufacturers can transform their big data into AI models and applications. According to Profet AI, the process takes less than a week, as opposed to the usual months. The startup said it was possible…
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Indian startup raises $35M to provide loans to rural middle class
Mumbai-based fintech startup SarvaGram Solutions has raised $35 million in a Series C funding round to provide credible loans for emerging middle-class in rural India. Founded in 2019, SarvaGram came up with a lending system that sets it apart from the traditional one. It performs a 360-degree assessment of the entire household to create a…
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Thai startup HD raises $6M to improve healthcare in Southeast Asia
Bangkok-based startup HD recently concluded a $6 million funding round to enhance healthcare in Southeast Asia with the sharing economy model. HD platform connects patients looking for affordable surgeries, surgeons operating private practices and hospitals with vacant surgery rooms. Co-founder and CEO Sheji Ho acknowledged that his startup’s model would be counterintuitive based on the…
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Swytch Bikes raises $6 million in 2022 to offer affordable e-bikes
London-based startup Swytch Bike raised a total of $6 million throughout 2022 to allow people to convert their regular bikes into electric bikes easily and at a reasonable price. Launched in 2017, Swytch helps people who already own traditional bikes to join the e-bike boom that is happening around the globe using its conversion kits.…
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Nigerian startups raise $967.2 million in 2022, leading in Africa
Nigerian startups collectively managed to raise $967.2 million in 2022, attributing to 27.4 percent of the total $3.6 billion venture capital raised by African startups. Nigeria became the largest recipient of startup funding on the continent, followed by Kenya, Egypt and South Africa. Startups that led the funding race include Flutterwave, Moove, TeamApt, Interswitch and…