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Luxembourg-based e-commerce startup Market Leap has joined the Series A funding round led by Smedvig Ventures with participation from Expon Capital, Motier Ventures, including former executives from Amazon, SoftBank and Unilever. raised $8 million. The new funds will help the company speed up the development of its platform and hire the best talent to drive growth. This funding is expected to reach $8 trillion by 2027 for global e-commerce sales. However, private brand owners usually reach just 0.2% of their potential audience over the course of their lifetime due to lack of time, expertise and capital. MarketLeap is an AI-driven…
When cloud providers like Microsoft Azure and AWS launched Cloud Software Marketplaces a decade ago, a new sales channel for Software-as-a-Service (SAAS) companies to reach the front of potential business customers has been opened. These markets have allowed SaaS companies to bypass traditional long sales cycles. However, the experience on the seller rarely takes a walk in the park. Listing software in these marketplaces requires multiple engineers, and the fictitious burden only increases as the size of the company. Jon Yoo and Chengjun Yuan know the issues well from their respective times working at Salesforce and Confluent. The pair have…
WASHINGTON (AP) — The US education division has scrapped last-minute guidance issued by the Biden administration and threatened to support plans to pay athletes. Name, image, portrait By making these payments subject to the federal government’s Title IX rules.In a largely anticipated move, President Donald Trump’s education officials announced the change on Wednesday, saying that former President Joe Biden’s inauguration memo had no legal basis. Title IXthe 1972 law prohibits sex discrimination in education.”The NIL leadership, which was prominently exposed by the Biden administration in the last few days, is overly burdensome, extremely unfair and far beyond what agency guidance…
According to Morgan Stanley, Tesla is perfect for profiting from transformations in US manufacturing with artificial intelligence that merges with physical machines. US manufacturing sites have fallen from 28% of the US economy in 1953 to just 10% to 10% today. But AI is a tailwind for domestic manufacturing, which cuts costs, an analyst led by Adam Jonas told clients in a memo on Wednesday. “This opportunity creates conditions for a 25-year US manufacturing shortage, creating conditions for growth and exciting new alpha generation ideas,” Jonas said. Tesla is the most diverse company developing physical AI or intelligent machines, analysts…
Foreign Minister Ayman Safadi tells Al Jazeera that Jordan is opposed to Trump’s plan to buy Gaza.Jordanian Foreign Minister Ayman Safadi said Al Jazeera would not oppose President Donald Trump’s proposal to relocate Palestinians in Gaza to other countries such as Jordan and Egypt. He told Jazeera. His comments were repeated in a news briefing that after Jordan’s King Abdullah II met Trump at the White House on Tuesday, the latter would take over the US-besieged Gaza Strip. Forced expulsion of people from their hometowns. “There is a constant, fixed and immovable Jordanian position. Palestinians cannot be transferred to Egypt,…
Just a week after Bytedance’s amazing launch of Omnihuman-1, Baidu, an AI model that turns photos into realistic human videos, is preparing to release the next generation of artificial intelligence models later this year . According to an exclusive report from CNBC, Baidu’s new model, Ernie 5, includes the ability to process and convert between text, video, images and audio. Known as the “foundation model,” Ernie 5 is expected to significantly improve on these different forms of handling, but certain details remain under the wrap. “China’s Baidu is planning to release the next generation of artificial intelligence models later this…
February 12, 2025Ravi LakshmananContainer Security/Vulnerabilities Cybersecurity researchers have escaping container isolation protection and bypassing current patched security vulnerabilities in the Nvidia Container Toolkit that could be leveraged to gain full access to the underlying host. I discovered it. The new vulnerability is tracked as CVE-2025-23359 (CVSS score: 8.3). It affects the next version – nvidia Container Toolkit (all versions up to 1.17.3) – Fixed in version 1.17.4 NVIDIA GPU operator (all versions up to 24.9.1) – Fixed in version 24.9.2 “The Nvidia Container Toolkit for Linux contains a vulnerability for time used (Toctou) when used in the default configuration. This…
Adobe wants to take advantage of the early success of the Firefly AI model by launching a new standalone subscription service that allows users to access the company’s AI images, vectors and video generation models. This is Adobe’s most audacious attempt, seeking to turn the Firefly AI model into a real product. The company is also launching a redesigned web page, Firefly.adobe.com. Here you can use Adobe’s AI model. This includes the new Firefly AI video models deployed on the Firefly website and the public beta version of the Premiere Pro Beta app. Adobe’s Firefly AI model created this. Does…
Popular Crypto Market analyst Egrag Crypto predicts the key price pump for XRP. Egrag believes it will be possible to increase the price of the world’s third largest market hat by 1,500%. With a 1,500% increase, XRP is 39.52 from the current 2.47. Egrag’s predicted size XRP pump may set the tone of the bull run in the crypto sector. When major assets like Bitcoin (BTC) rise, they carry several other things and pumps are also recorded. Crypto Investors can prepare this pump by picking the next 100x coins early and spreading its portfolio in anticipation of the pump. These…
Food-centric e-commerce startups continue to raise funds as investors look for a sticky consumer concept that can expand without breaking the bank. On Wednesday, German Lunch closed 26 million euros ($27 million) of funds to develop popular food brands along with retail networks to distribute them using social media and influencers. and expanded our business. The Series A round is co-led by Felix and HV Capital. Although Lunch doesn’t disclose ratings, I understand that this is definitely an upround. The startup has raised about $34 million so far (including this seed round in 2023). So, a typical Series A multiple…