Month: April 2024

India’s Zepto zooms to $1.2B in annualized sales in 29 months, Goldman says

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Indian quick-commerce startup Zepto has surpassed the annualised sales milestone of $1 billion within just 29 months of its inception, Goldman Sachs wrote in a note Thursday, citing the Zepto management. The startup, which competes with Zomato-owned Blinkit and SoftBank-backed Swiggy Instamart, is also gaining market share, now standing “close to that of the number 2 … Read more

Cloudborn Demo takes GDC by Storm with Many Wowed by Gameplay

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San Francisco, United States, April 4th, 2024, GamingWire Cloudborn, the latest release from Antler Interactive, successfully demoed at the Game Developers Conference in San Francisco last week. Featured in both the Inworld and BGA booths, the first-of-its-kind Web3, RPG, MMO, AI, PC-based game proved to be more than just a lengthy combination of acronyms.  Constantin … Read more

LeverFi Launches OmniZK: A Secure Validation Protocol For Bitcoin DeFi And Omnichain Interactions

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SINGAPORE, Singapore, April 4th, 2024/Chainwire/–LeverFi,a leading web3 innovation team, has launched OmniZK, a secure validation protocol for Bitcoin that enables developers to create complex, interoperable DeFi applications by shifting complex logic onto EVM networks and relay verified outcomes with zkOracles. The protocol’s modular design allows non-custodial, decentralized contracts to be settled natively on the Bitcoin … Read more

Raiinmaker Closes $7.5M Funding To Advance Decentralized AI

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SANTA MONICA, CA, April 4th, 2024/Chainwire/–Raiinmaker, a Web3 and AI Technology Company, is announcing the closing of a $7.5M seed round ahead of its Mainnet launch and native token $Coiin TGE. Notable investors in this funding round: Jump Crypto and Cypher Capital along with GDA Capital, Gate.io Labs, London Real Ventures, MEXC Global, Krypital Group, … Read more

Robot delivery firm Kiwibot buys Taipei chipmaker, citing US/China tensions

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Bay Area/Colombia-based delivery robotics firm Kiwibot this week announced that it has acquired Auto Mobility Solutions. The Taipei firm produces chips specifically for the world of robotics and autonomous driving. Details of the transaction have not been disclosed. Kiwi founder and CEO Felipe Chávez Cortés does, however, tell TechCrunch that rising tensions between the U.S. … Read more

Women in AI: Emilia Gómez at the EU started her AI career with music

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To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution. We’ll publish pieces throughout the year as the AI boom continues, highlighting key work that often goes unrecognized. Read more profiles here. … Read more

Sam Bankman-(Never Getting)Fried

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Sam Bankman-Fried has been sentenced to a quarter of a century in prison after he and his lawyers failed to convince a U.S. district judge that the former crypto mogul was an autistic altruist who never intended to harm anybody. The judgment itself is pretty damning, and while SBF’s lawyers plan to appeal, there’s a … Read more

Backing Up Weaviate with MinIO S3 Buckets to Achieve Strategic Enhancement to Data Management

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Weaviate is a pioneering, open-source vector database, designed to enhance semantic search through the utilization of machine learning models. Unlike traditional search engines that rely on keyword matching, Weaviate employs semantic similarity principles. This innovative approach transforms various forms of data (texts, images, and more) into vector representations, numerical forms that capture the essence of the data’s … Read more

Center Identity Launches Patented Passwordless Authentication For Businesses

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PORTLAND, Oregon, April 4th, 2024/CyberNewsWire/–Center Identity, a pioneering cybersecurity company, is excited to unveil its patented secret location authentication, reshaping how businesses manage workforce digital identity. This proprietary technology enables users to authenticate their identity using a secret location selected on a map. The benefits of this novel approach to digital identity management include: ● … Read more