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Everstream, which applies big data to supply chain management, raises $50M

TechCrunch

According to a recent survey from Capgemini, companies see disruption in the supply chain as the top risk to their business growth, ahead of rising raw material prices and the energy crisis. And parts of Europe faced uncommonly high temperatures and drought conditions. “Our customers are made up of some of the world’s largest brands.

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Credit Suisse leads $20M Series A in data extraction startup Daloopa

TechCrunch

This was a big enough problem for one company to support all of the data analysis and forecasting without having to manually convert the data,” Li told TechCrunch. The idea for Daloopa came to Li five years ago, but he said the data extraction technology was not in place to get it off the ground.

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Akros Technologies, an AI-powered asset management platform, raises funding from Z Holdings

TechCrunch

In Deloitte’s 2019 report , the firm reveals that AI is transforming the financial ecosystem to reduce costs and make operations more efficient by providing automated insights and alternative data, analysis and risk management. co-founder and chief executive officer Kyle Moon said in a statement.

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Is the modern data stack just old wine in a new bottle?

TechCrunch

Each step of the data analysis process is ripe for disruption. If you take that process and run it on steroids for 100x larger datasets today, you’ll get to the scale that midsized and large organizations are dealing with today.

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AI-powered supply chain startup Pando lands $30M investment

TechCrunch

Altana , which bagged $100 million in venture capital last October, uses an AI system to connect to and learn from logistics and business-to-business data — creating a shared view of supply chain networks. The result of those major disruptions? But Pando has a compelling sales pitch, judging by its momentum. billion in 2019.

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From Zero to “Top 10 Gen AI Startups” in 289 Days: 11 Lessons From the Frontline

Entrepreneur's Handbook

It would have been impossible for young startups to disrupt billion-dollar companies. But now, with the democratization of generative AI, you could take your pick of billion-dollar companies to disrupt. This is also true for programming, blog post writing, or data analysis.

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K-Startup Grand Challenge: The South Korea accelerator program that is ‘a gateway’ to doing business in Asia

AsiaTechDaily

In the fourth industrial revolution era, having succeeded as an economic powerhouse with a technological edge in manufacturing and industries led by large corporations, South Korea is now fostering disruptive innovation through startups. The country strives to create a balance between industrial conglomerates and the startup ecosystem.