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AI Agents Drive Holiday Shopping Success, Despite Record Returns

American Entrepreneurship

The 2024 holiday shopping season marked a landmark for online retail, with global holiday retail sales surging to a record breaking $1.2 During the 2024 holiday season, retailers saw a significant increase in generative AI tool use, including conversational agents that helped guide shoppers through their buying journey.

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2024 Predictions

Tomasz Tunguz

Here are my predictions for 2024. M&A accelerates throughout the year. The share of AI-enabled web searches approaches 50% of all consumer search as consumer behavior patterns evolve, especially on mobile. Every year I make a list of predictions & score last year’s predictions. The Fed cuts rates, which helps.

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Fintech Startup MoneyHash Gains Global Funding for Middle East and Africa Payments Platform

American Entrepreneurship

These issues often transform payments from a growth enabler into a cost and risk center for businesses. MoneyHashs strategic focus on large enterprise clients has resulted in significant growth, with its enterprise segment now making up over 35% of its client basea threefold expansion in 2024 alone.

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Apptronik Closes $350M in Funding to Meet Surging Demand for Humanoid Robots, Gains Google Investment

American Entrepreneurship

This critical investment will enable Apptronik to ramp up the production of its groundbreaking humanoid robot, Apollo, and accelerate the development of next-generation robots tailored for a wide range of industries. Founded in 2016, Apptronik has rapidly gained recognition as a leader in humanoid robotics.

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Indonesian Government-backed Accelerator Achieves $65.8 Million in Funding for Alumni Startups

AsiaTechDaily

Register Government-supported accelerator program Startup Studio Indonesia (SSI) is now accepting applications for its seventh cohort. Besides, the program facilitates networking opportunities and knowledge exchange with established startup leaders across Asia, enabling participants to gain valuable insights and learn from their experiences.

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Top 10 Trends for Data in 2024

Tomasz Tunguz

At the IMPACT Summit yesterday, I shared our Top 10 Trends for Data in 2024. Instrumentation and Governance Enable Many New Use Cases : Today’s data leaders are struggling. Semantic understanding of code and ephemeral developer environments enables data engineers to reduce costs and work more fluidly together (SQLMesh).

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NeuReality lands $35M to bring AI accelerator chips to market

TechCrunch

Inferencing chips accelerate the AI inferencing process, which is where AI systems generate outputs (e.g., NeuReality’s NR1, an FPGA -based SKU within the NAPU family, is a network-attached “server on a chip” with an embedded AI inferencing accelerator along with networking and virtualization capabilities.