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While most countries’ lawmakers are still discussing how to put guardrails around artificial intelligence, the European Union is ahead of the pack, having passed a risk-based framework for regulating AI apps earlier this year. The law came into force in August, although full details of the pan-EU AI governance regime are still being worked out […]
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The United Kingdom’s NHS — the world’s largest public health service — is working on creaking IT infrastructure. In any sector, that’s a ticking time bomb. But when you consider that the NHS holds medical records for nearly 67 million people, a breach of that system could become a meltdown. This article from the Financial […]
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The retail sector needs Inventory planning to maintain margins and meet demand. This is getting harder because there are now many distribution channels, more complex supply chains, and shorter sales cycles. Mid-market retailers and premium brands have less firepower than the retail giants and tend to rely on legacy software. Founded in 2020, Autone aims […]
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David Karandish has been busy. Capacity, his support automation company, was planning a $5 million “bridge round” to help the company reach the break-even point. But TVC Capital, Toloka.vc, and the venture’s other backers had something grander in mind. So they threw in an additional $21 million for what became Capacity’s $26 million Series D. […]
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From Switzerland’s Founderful to Italians Founders Fund and the Dutch Operator Fund, a new crop of European VC firms claim to operate as “entrepreneurs backing entrepreneurs.” Although it might still be early to call it a trend, Swedish fund Node.vc has now joined this group, with €71 million in funding to deploy into startups across […]
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Sophia Tung set up a livestream this past summer, showing self-driving Waymo cars honking from the San Francisco parking lot near her apartment at all hours of the night. As a kind of apology for the nuisance, Waymo threw an ice cream party in Tung’s building and gave Tung, a former Twitter engineer, some promo […]
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Meet Storio, a French startup that’s focused on providing smart energy storage for commercial and industrial customers. Founded in 2023, the startup raised a €5 million seed round earlier this year (around $5.5 million at current exchange rates) and has signed its first client. Storio believes solar panels have a bright future. But the company […]
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