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Stealth Nexthop AI Emerges with $110M in funding to Build Next-Gen Networking Infrastructure for Hyperscalers

American Entrepreneurship

With this capital injection, Nexthop AI plans to accelerate the development of its cutting-edge networking solutionstailored specifically for hyperscale AI infrastructure. Hyperscalers need the ecosystem to innovate with them to accelerate their infrastructure deployments, said Anshul Sadana, CEO of Nexthop AI.

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Villgro Philippines, IDRC of Canada launch accelerator program AI4Health Asia

AsiaTechDaily

This 10-month regional accelerator program is designed to promote and nurture innovations in Responsible AI in South and Southeast Asia. The post Villgro Philippines, IDRC of Canada launch accelerator program AI4Health Asia first appeared on AsiaTechDaily - Asia's Leading Tech and Startup Media Platform.

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Island Raises $250M Series E Funding, Reaches $4.8 Billion Valuation

American Entrepreneurship

Reinventing the Enterprise Browser Islands core innovation lies in its reimagining of the web browsernot as a passive consumer tool, but as an active enabler of enterprise security, productivity, and IT efficiency. As AI adoption continues to accelerate, Island is helping establish a new industry standard.

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Binance-backed Xend Finance launches DeFi platform for credit unions in Africa

TechCrunch

Nigerian startup Xend Finance uses decentralized finance (DeFi) to address currency devaluation. This gave birth to Xend Finance.” Not only is Xend Finance trying to protect credit unions from fluctuation, but it is also changing how they operate. Image Credits: Xend Finance. Image Credits: Xend Finance.

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Virtual Data Rooms: The Unsung Hero of Biotech Financing

Andreessen Horowitz

But how can biotech teams effectively communicate to investors and partners how they will, with each round of financing, incrementally reduce the risks of discovering and developing successful new drugs? How much of the total financing is allocated towards the lead program? key in vivo data results).

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Singapore-based open finance startup Finantier gets backing from Y Combinator

TechCrunch

Finantier , a Singapore-based open finance startup, wants to streamline that data with a single API that gives financial services access to user data, with their consent. It also includes machine-learning-based analytics to enable credit scoring and KYC verifications.

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Embedded finance startup Banxware raises €4M seed

TechCrunch

Embedded finance — the idea of offering financial products where customers are already congregating via white label solutions and APIs – isn’t an entirely new concept. Banxware’s tech and infrastructure enables any company to offer loans and other banking services to SME customers.