Tozero, a battery recycling company, raises €11 million to increase the supply of lithium in Europe

The first rechargeable lithium-ion battery was introduced to the market by Sony in 1991. In terms of energy storage, the novel chemical changed everything. These days, demand is soaring for everything from smartphones to EVs. However, lithium is uncommon, the majority of it is sourced from unreliable markets outside of Europe, and its production can […]

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A Chinese AI firm launches an image-to-video tool in an attempt to compete with OpenAI’s Sora

On Wednesday, Beijing-based Shengshu Technology said that Vidu, an AI-powered text-to-video tool, will soon be able to create videos by fusing images. Vidu already enables individuals all over the world to make 8-second videos by following written instructions. In February, OpenAI, the company behind ChatGPT, disclosed that their AI model Sora could create one-minute films […]

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Blockchain infrastructure startup Marketnode is supported by settlement giant Euroclear

Marketnode, a blockchain infrastructure firm based in Singapore, has received funding from Euroclear, a major European clearinghouse, to expand its services throughout the Asia-Pacific region. With the goal of growing its services throughout the Asia-Pacific area, Marketnode, a blockchain infrastructure firm with headquarters in Singapore, has announced a strategic investment from European clearinghouse Euroclear. The […]

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Arzeda, a Seattle startup, has raised $38 million to produce proteins for the food, pharmaceutical, and other industries.

A $38 million funding round has been disclosed by Arzeda, a protein design business that creates new enzymes for industrial, agricultural, and other uses. The Seattle-based startup uses tools for protein design to produce enzyme blueprints. In its laboratories, Arzeda tests and develops the enzymes as well. Among its clients is Unilever, which has employed […]

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Cortex Inc. Secures $60M to Boost Developer Platform and AI Integration

Cortex Applications Inc., a productivity platform startup, announced it has raised $60 million in funding to enhance its internal developer platform, increase developer awareness, and integrate more advanced workflows, engineering intelligence, and artificial intelligence. Founded in 2019, Cortex provides a platform that helps companies streamline software development by cataloging, scoring, and prioritizing actions to improve […]

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Ant Group continues to bet on artificial intelligence by investing in writing assistance start-up Mita

The finance behemoth has made its latest investment in a low-key Chinese artificial intelligence (AI) start-up that specializes in search engines and writing help: Ant Group. According to a report released by local media Latepost on Thursday, Shanghai Mita Network Technology raised over 100 million yuan (US$13.9 million) in a new funding round headed by […]

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