UltiHash Inc. announced today that it has successfully closed a pre-seed funding round, securing $2.5 million. This investment will pave the way for the launch of their innovative high-performance data storage software, which aims to revolutionize the way companies store and manage data. By addressing the existing challenges in data storage, UltiHash offers a solution to strike a better balance
OpenAI’s ChatGPT for Enterprise, launched in August 2023, has gained significant traction in the business sector. With over 260 business customers and more than 150,000 distinct users, it has quickly emerged as a popular choice for large language model-powered chatbots. Pricing for ChatGPT Enterprise The pricing for ChatGPT for Enterprise is not openly disclosed on OpenAI’s website. This suggests that
The year 2023 witnessed a surge in cybersecurity transactions, highlighting the growing importance of protecting digital assets. However, despite the increased volume of transactions, the total amount of funding secured by companies in this sector experienced a significant decrease. In this article, we delve into the details of cybersecurity funding in 2023, exploring the reasons behind the drop in funding,
In the ever-evolving world of mobile apps, few have garnered as much success as those dedicated to image manipulation and sharing. PhotoRoom, an innovative startup based in Paris, France, has emerged as a trailblazer in this space by offering a popular AI-based image editing app and API. Targeting e-commerce vendors, media specialists, and other professionals, PhotoRoom has disrupted the market
In the fast-paced world of business, organizations are constantly seeking ways to optimize their operations, enhance scalability, and reduce costs. Microsoft’s Dynamics 365 suite offers two powerful solutions tailored to meet various business needs: Dynamics 365 for Finance and Operations and Business Central. In this article, we will delve into the capabilities and benefits of these two platforms and explore
Quora, the popular question and answer platform, has made headlines once again by raising funding for the first time in nearly seven years. The company secured an impressive $75 million investment from Andreessen Horowitz (a16z), with the aim of fuelling the growth of Quora’s AI chat platform, Poe. Focus on Poe, Quora’s AI chat platform At the center of Quora’s
In today’s rapidly evolving technological landscape, researchers are constantly pushing the boundaries of what robots can achieve. One groundbreaking research project focuses on addressing the issue of a robot autonomously changing a previously acquired task without the need for human intervention. This research initiative, funded by the European Union with eight million euros, aims to revolutionize industries by introducing autonomous
Vienna-based InsurTech company hi.health has successfully raised €6m in its pre-Series A financing round. The funding comes in the wake of high investor interest, with notable existing investors such as SpeedInvest and Calm/Storm participating alongside new international investors Haymaker Ventures, Fin VC, and Nina Capital. This financing round marks a pivotal moment for hi.health as it seeks to scale its
As we bid farewell to the rollercoaster year of 2023, the AI startup landscape is poised for an exciting journey ahead in 2024. The industry is moving past its initial hype cycle, and investors are optimistic about the emergence of more durable businesses. In this article, we will explore the expectations for continued funding, the potential second wave of AI
Generative AI, with its ability to create new content, has gained considerable attention in the business world. As companies explore the potential of this technology, it is crucial to understand the challenges and strategies associated with monetizing generative AI. In a recent survey of Fortune 500 CEOs, a significant majority expressed optimism about the positive impact generative AI can have
Insurance technology startup Riskcovry has successfully secured approximately $4.5 million in a bridge round of funding, with leading Dubai-based business-to-business (B2B) fund Morphosis Venture Capital taking the lead. This funding round aims to support Riskcovry in its journey towards profitability and eventually close its Series B round. With a strong commitment to growth, Riskcovry intends to achieve a remarkable five-fold
SpaceX, the renowned aerospace company founded by Elon Musk, has recently filed a lawsuit against the National Labor Relations Board (NLRB) in a Texas federal court. The legal action is in response to an unfair labor practice charge filed against SpaceX in 2022, which the company claims subjected them to an unconstitutional administrative hearing. This article delves into the background
