Competition opens on the heels of a successful Berlin hackathon as developer momentum behind x402 payments accelerates DOVER, DELAWARE, June 17: The Algorand Foundation today launched the Global x402 Challenge, a five-month competition for developers building x402-powered, pay-per-request API services on Algorand mainnet. The announcement follows the Algorand Builders Berlin:…
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AMD and Rackspace Technology Sign Definitive Agreement for Phased Deployment of 30 MW of AMD AI Compute
SANTA CLARA, Calif. and SAN ANTONIO, June 17: (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) and Rackspace Technology® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, today announced the signing of a definitive agreement for the phased deployment of an initial 30 MW footprint dedicated to AMD-based compute deployments…
Continue ReadingTruNativ secures Dollar 30 million funding from OrbiMed to accelerate expansion
Mumbai, June 17: TruNativ, a science-backed everyday nutrition company, today announced the close of its funding round of ~$30M, led by OrbiMed, one of the world’s largest dedicated healthcare investment firms. The Series B funding round comprised both primary investment and the sale of secondary shares of early investors. The…
Continue ReadingEbixCash expands phygital network as assisted digital transactions surge in non-metro India
New Delhi | June 17: EbixCash World Money, a flagship subsidiary of Eraaya Lifespaces Limited, today announced the expansion of its payments, remittance and forex network to 2,250 Indian cities/town/villages, up from 2,143 a year ago. The expansion adds over 573 new retail touchpoints, with 89% of new merchant additions…
Continue ReadingSwitzerland extends its lead in the technologies reshaping the global economy
ZURICH / PARIS, June 17. The technologies now driving the global economy, from advanced computing to artificial intelligence and robotics, are built patiently, over decades of sustained investment and deep scientific groundwork. Increasingly that work traces back to a country a fraction of the size of the giants it competes…
Continue ReadingPlaud Scales From Dollar 1M to 100M ARR Within Two Years, Bringing AI Beyond the Screen for Professionals
Among the fastest-known AI companies, Plaud stands out as a rare hardware-enabled AI company in a cohort dominated by software-only players SAN FRANCISCO, June 17: Plaud, the company building real-world AI interface for professionals, today announced it has scaled from $1M to $100M in ARR within two years, placing it among…
Continue ReadingWhat Your KYC Process Signals to Investors
-Zarina Sattarova, HFQ Fund Relationship Manager For most managers, KYC is a regulatory box. A necessary one – something to be completed, ticked off, often handed off to a service provider. For most LPs, it is the first real interaction with the fund after the decision to commit has…
Continue ReadingITC Launches Ultra Mintz, Redefining Everyday Freshness with a Premium Sugar-Free Mint Experience
The launch reflects ITC‘s focus on consumer-led innovation amid growing demand for premium on the go freshness solutions India, June 17: ITC Ltd. has announced the launch of Ultra Mintz, a premium, sugar–free mint offering that strengthens its presence in the confectionery category. Developed to cater to evolving consumer preferences for sophisticated, on-the-go refreshment, Ultra Mintz delivers a refined and lasting mint experience through a combination of…
Continue ReadingDubai sets global standard for cities designed around how people live and thrive
Keturah founder says the onus is now on developers to match the vision behind the new longevity authority Dubai, UAE, June 17: Luxury developer Keturah has welcomed the establishment of the new Dubai Longevity Authority, saying it shows the emirate leading the world in how cities are designed around…
Continue ReadingSamsung Brings Design Thinking to Uttar Pradesh Campuses…
Samsung Brings Design Thinking to Uttar Pradesh Campuses, Challenging Young Innovators to Solve Problems Before Building Products Gurgaon, Haryana – June 17: Most student innovations begin with a solution. Few begin with a problem. Across engineering colleges, students often spend months building sophisticated prototypes only to discover that the problem…
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