Candor Technology has recently achieved a critical evolution in mortgage technology, having secured Series B funding led by Rice Park Capital Management, with further support from Arthur Ventures, Assurant Ventures, and Candor’s leadership. This investment signifies industry acknowledgment of the need for advancement and confidence in Candor’s pioneering platform. Their patented Loan Engineering System represents a turning point in mortgage
Artificial intelligence stands as a pillar of progress in today’s entrepreneurial landscape, with startups at the forefront, leveraging its potential for innovation. AI’s appeal lies in its ability to streamline operations, predict market trends, and secure a market edge. As these emerging companies harness AI, they focus not only on immediate gains but also on ensuring long-term success. Through AI,
Hugging Face, a prominent startup based in New York City, has gained popularity among developers for its repository of open-source AI code and frameworks. Today, the company made a groundbreaking announcement, introducing third-party Hugging Chat Assistants that can be easily customized by users. This new product offering aims to provide users with the ability to create their own personalized AI
In today’s rapidly evolving technological landscape, it is becoming increasingly evident that artificial intelligence (AI) is at the forefront of innovation and entrepreneurial pursuits. More than 80% of pitches now involve AI, indicating a profound shift in how we live, work, and experience the world around us. As we embark on this transformative journey, we can anticipate a step-function change
In an effort to create an all-new ‘Silicon Heartland’ in the middle of the country, Intel embarked on an aggressive expansion plan. One of the key components of this plan was the establishment of a state-of-the-art manufacturing facility in Ohio. However, the company has recently announced a one-year delay in the opening of the fab, now scheduled for 2026. This
In a move expected to shake up the tech industry, Intel is preparing to launch Arrow Lake as its next-generation processor, replacing the highly acclaimed Raptor Lake. This advanced chip marks a monumental transition for Intel as it embraces a new tile-based design, departing from the traditional monolithic chips of the past. With Arrow Lake, Intel aims to redefine desktop
Elon Musk’s AI startup, xAI, is reportedly in discussions to raise up to $6 billion from global investors, signaling the company’s ambitious plans to advance the field of artificial intelligence. With this significant funding round, xAI aims to further develop and deploy cutting-edge AI technologies. The potential investment could potentially value xAI at a remarkable $20 billion, further solidifying its
Cap VC, a disruptive player in the venture capital industry, is shaking up the way funding is provided to disruptors. With their revolutionary platform, they are revolutionizing the relationship between venture capitalists (VCs) and the companies they invest in. By providing comprehensive insights, converting unstructured data into structured information, and building a robust ecosystem, Cap VC aims to empower VCs
Fintech firm Kriya has recently announced its latest funding achievement, securing a substantial €58 million funding facility from its long-standing debt and equity partner, Viola Group. This significant injection of capital will enable Kriya to process over £1 billion of B2B payments over the next 24 months, fueling its expansion plans and solidifying its position in the market. Expansion Plans
Dr. Neeraj Mittal, Chairman of the Digital Communications Commission, recently unveiled the “Bharat 5G Portal” during the “Bharat Telecom 2024” expo. This portal is set to revolutionize India’s telecom sector by fostering innovation, collaboration, and knowledge-sharing in the field of 5G and future technologies like 6G. With India’s rapid progress in the 5G rollout and emphasis on becoming self-reliant, the
Rebellions, a South Korean fabless AI chip startup, has announced the successful closure of a Series B funding round, securing an impressive $124 million. The funding will be utilized to propel the development of their highly anticipated third AI chip, aptly named Rebel. This significant investment reflects the growing market demand for advanced AI technologies and values the startup at
Krutrim, an AI startup founded by Bhavish Aggarwal, the visionary entrepreneur behind Ola and Ola Electric, has recently achieved a remarkable milestone. The company has secured a significant funding round of $50 million, led by Matrix Partners India. This funding brings Krutrim’s valuation to an impressive $1 billion, making it the fastest Indian startup to become a unicorn and the
