Start-up
Amputees say this bionic hand startup gives them both strength and grace — they can even pick up raw eggs without crushing them
Andrew Hitz with the Zeus hand. Courtesy of Aether Biomedical In 2011, Jeremy Schroeder was driving a four-wheeler near Sherwood, Ohio, when he crashed into a stop sign he hadn’t seen as the stone path suddenly turned to asphalt. The sign left a deep gash in Schroeder’s arm; he was rapidly losing blood. Shroeder, who […]
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Allstate, Allianz invest $265 million in Up coming Coverage in a large guess on insuretech
A pedestrian walks by an Allstate Insurance coverage place of work on June 09, 2023 in San Francisco, California. Justin Sullivan | Getty Images Information | Getty Pictures Allstate and Allianz are creating a sizable wager on the electronic transformation of the commercial insurance policies current market with a $265 million strategic financial commitment in […]
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As Singapore’s getting older inhabitants grows, companies are courting older individuals
Citizens aged 65 and earlier mentioned make up virtually a fifth of Singapore’s population in 2023. Nicky Loh | Bloomberg | Getty Visuals SINGAPORE — Singapore’s populace is getting old fast. Citizens aged 65 and earlier mentioned make up nearly 1-fifth of the inhabitants, up 11.7% from a decade in the past, according to the […]
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Op-ed: We cannot make it possible for AI to make Massive Tech even even bigger, argues Steve Situation
Steve Circumstance, Chairman and CEO of Revolution. John Chiala | CNBC Policymakers in Washington are now engaged in a large array of discussions with regards to how to avert AI technological innovation from spinning out of regulate. But for all the concentration on numerous risks, we’re dropping sight of how the AI economic climate should […]
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Bezos-backed freight firm Convoy shuts down right after slashing hundreds of positions — read through the CEO’s memo to staff
Digital freight broker Convoy instructed staff members Thursday that it really is shutting down operations because of to a “significant freight economic downturn.” The move comes just a single 7 days just after offer chain software startup Flexport stated it will lay off about 20% of its own workforce. Seattle-dependent Convoy was established to disrupt […]
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Anthropic’s AI chatbot Claude is submitting lyrics to common tunes, lawsuit promises
Recording artist Katy Perry performs onstage for the duration of the Pepsi Super Bowl XLIX Halftime Clearly show at College of Phoenix Stadium on February 1, 2015 in Glendale, Arizona. (Picture by Kevin Mazur/WireImage) Kevin Mazur | WireImage | Getty Images Common Audio sued AI startup Anthropic about “systematic and widespread infringement of their copyrighted […]
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Regent aims to fly its electric powered seagliders about the waterways of Japan
Billy Thalheimer (CEO) and Michael Klinker (CTO) of REGENT with a whole-scale mockup of their 1st electric seaglider. Courtesy REGENT Regent, a startup acquiring electrical seagliders to transport folks and cargo, has raised a $60 million round of undertaking funding and struck a partnership with Japan Airways to figure out how to deliver the firm’s […]
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Right here are prime 10 Singapore begin-ups to do the job for, in accordance to LinkedIn — most are in fintech
Undertaking funding has taken a strike because 2022, as investors pull back again on money amid financial headwinds. According to a report from study organization Tracxn, total funding into Southeast Asian startups fell by 71% to $2.3 billion in the to start with 50 percent of 2023 — as opposed to the similar time period […]
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An HSBC-backed startup is working with AI to support banks struggle money crime — and eyeing a Nasdaq IPO
The co-founders of Silent 8, from left to ideal: Michael Wilkowski, Julia Markiewicz and Martin Markiewicz. Silent Eight WARSAW — When it arrives to financial crime, banking companies can usually be “just one final decision away from a enormous mess,” Martin Markiewicz, CEO of Silent Eight told CNBC. Which is due to the fact the hazard […]
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Google, Amazon, Nvidia and other tech giants make investments in AI startup Hugging Face, sending its valuation to $4.5 billion
The Hugging Deal with internet site on a smartphone arranged in New York, Aug. 17, 2023. Gabby Jones | Bloomberg | Getty Photos Hugging Facial area, an AI company centered in New York, has lifted $235 million at a $4.5 billion valuation from some of technology’s greatest providers. Google, Amazon, Nvidia, Salesforce, AMD, Intel, IBM […]
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