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7 investors discuss web3’s present and peer into its future

TechCrunch

Please give us your web3 elevator pitch: What is it, and what role does it play in today’s internet framework? . It will be multilayered and multifaceted, supported by completely new infrastructure. Please give us your web3 elevator pitch: What is it, and what role does it play in today’s internet framework? .

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Malaysia’s Mosti Prioritizes Tech Innovation and Startup Ecosystem in its Annual Budget

AsiaTechDaily

Register Malaysia’s Ministry of Science, Technology, and Innovation ( Mosti ) plans to push emerging technology and promote Science, Technology, Engineering, and Mathematics (STEM) education within the framework of Budget 2024. Presently, the adoption of EVs in the country remains relatively low.

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Europe’s Chips Act to bake in up to €2BN in funding support for startups and scale-ups

TechCrunch

The proposal also includes a loosening of strict EU state aid rules that will allow Member States to provide financial support to novel “first of a kind” chip fabs. A dedicated semiconductor equity investment facility (under InvestEU program ) will also support scale-ups and SMEs with market expansion, per the Commission.

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AI’s role is poised to change monumentally in 2022 and beyond

TechCrunch

This term is becoming something like “all-natural” on food packaging: ever-present and practically meaningless. Real AI, however, is foundational to supporting the future of how businesses and individuals function in the world, and a huge advance in AI frameworks is accelerating progress.

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Indonesian Startup BintanGo Raises $2.2M to Accelerate Live Commerce Expansion

AsiaTechDaily

This round of funding has gained support from Contents Technologies, Transcend Capital Partners, and existing backers Investible and eWTP Tech Innovation Fund. million in funding support. BintanGo’s operational framework centers around a platform that leverages creator-powered marketing and user-generated content.

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Karakalpakstan Empowers Startups and Entrepreneurs with $200 Million Soft Loan Initiative and Youth Center

AsiaTechDaily

Register Karakalpakstan , a region in Uzbekistan, outlines plans to allocate $200 million in soft loans to support companies and establish a Youth Socio-Economic Center in the Khojaili district, with an investment of 1 trillion soums. Further, Karakalpakstan is enhancing its support infrastructure for businesses. in national currency.

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The New Business Preservation Act and the Tradition of U.S. Federal Government Support for Entrepreneurship and Venture Capital

Ian Hathaway

The clearest mechanism for this support was wartime expenditures on research and development by the U.S. The SBIC program continues to this day, supporting more than 300 investment firms each year. But that doesn’t change the fact the U.S. Department of Defense during World War II and the Cold War that followed.