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AI Startup
Perplexity Secures $500M Funding, Cementing Its Position in AI-Powered Search
Perplexity, the AI-driven search engine, has reportedly secured a staggering $500 million in funding, valuing the startup at a remarkable $9 billion. The funding round, led by Institutional Venture Partners, underscores the growing demand…
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Chemist Warehouse Launches Pilot with Augmodo, Providing Store Associates with Spatial AI…
Seattle, WA – Augmodo, the only real-time inventory and task tracker using wearable SmartBadges™ to create live 3D store maps, announced today they launched pilots in four Chemist Warehouse locations, Australia's largest pharmacy retailer.…
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AI-Powered Innovation: Albert Invent’s Platform Revolutionizes Chemical Research
In a move that could shake up the chemicals industry, startup Albert Invent has secured a $22.5 million Series A funding round to advance its AI-powered platform. The platform, dubbed Albert Breakthrough, aims to streamline the research and…
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Empowering Women Entrepreneurs: Hermplify Launches AI Platform to Boost Africa’s Digital…
In a groundbreaking move, Hermplify, an innovative AI-powered platform, has officially launched to support women entrepreneurs and young girls across Africa. This game-changing initiative aims to unlock the vast potential of the continent's…
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Next-Gen Fraud Prevention Startup RaptorX.ai Raises Rs 4 Cr in Pre-seed Round
In a significant move, the fraud prevention software company RaptorX has secured Rs 4 crore in a pre-seed round from a lineup of prominent investors. The funding round saw participation from PeakXV Spark, EagleWings Ventures, Point One…
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Chinese autonomous driving startup Pony.ai Races Onto Wall Street, But Stumbles on Debut
In a highly anticipated move, Chinese autonomous driving startup Pony.ai made its stock market debut in New York, raising up to $452 million through an initial public offering (IPO) and private placement. However, the company's shares…
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Canva Acquires Generative AI Pioneer Leonardo.AI to Augment Visual Creation Tools
In a move that will significantly bolster its AI capabilities, Canva has announced plans to acquire Australian generative AI startup Leonardo.AI. As one of the leading providers of visual content creation tools, Canva sees this acquisition…
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New Startup Bonniepet Aims to Be a One-stop Hub for All Pet Lovers and Professionals
Bonniepet aims to create a one-stop virtual community that brings together all stakeholders in the pet world onto a single platform. With pets being such an integral part of one-third of households globally, the founders recognized the need…
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High School Students Raise $500K for Their AI Startup
In a remarkable story of entrepreneurial spirit and determination, 18-year-old high school graduates Christopher Fitzgerald and Nicholas Van Landschoot have founded APIGen, an artificial intelligence startup that secured $500,000 in seed…
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Startups Weekly: AI Giants Face Off, and Europe Rockets to Success
As tech heavyweights unleash new innovations this summer, competition is heating up across industries. In the artificial intelligence space, Apple debuted major upgrades to Siri at its annual developer conference, promising a more…
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