#Daphni secures 5M for its third fund

#Daphni secures $215M for its third fund

French VC firm Daphni is announcing the first closing of its new fund, Daphni Blue. The firm has raised €200 million (around $215 million at current exchange rates). It expects to raise as much as €250 million ($270 million) by the end of the year. Some of Daphni’s most remarkable past investments include Back Market,…

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#Pruna AI open sources its AI model optimization framework

#Pruna AI open sources its AI model optimization framework

Pruna AI, a European startup that has been working on compression algorithms for AI models, is making its optimization framework open source on Thursday. Pruna AI has been creating a framework that applies several efficiency methods, such as caching, pruning, quantization and distillation, to a given AI model. “We also standardize saving and loading the…

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#AI and crypto drive criminal efficiency: Europol

#AI and crypto drive criminal efficiency: Europol

Europol’s report highlights how AI-driven automation and crypto tools fuel scams, phishing, trafficking, and financial crimes across Europe. The European Union Agency for Law Enforcement Cooperation (Europol) published a report explaining how artificial intelligence and crypto affected organized crime.  In a threat assessment report on serious and organized crime, Europol stated that AI and crypto…

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#Factorial, a HR unicorn, snaps up 0M from General Catalyst to boost sales and marketing

#Factorial, a HR unicorn, snaps up $120M from General Catalyst to boost sales and marketing

Factorial, the Barcelona-based “unicorn” startup that provides an all-in-one HR platform in the cloud for small and medium businesses, has picked up a non-dilutive (no equity) $120 million from General Catalyst — money it says it’ll invest in one specific area: “go-to-market”, or GTM, the umbrella term used for the wider expenses associated with sales…

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#European tech industry coalition calls for ‘radical action’ on digital sovereignty — starting with buying local

#European tech industry coalition calls for ‘radical action’ on digital sovereignty — starting with buying local

A broad coalition drawn from across the ranks of Europe’s tech industry is calling for “radical action” from European Union lawmakers to shrink reliance on foreign-owned digital infrastructure and services to bolster the bloc’s economic prospects, resilience, and security in increasingly fraught geopolitical times. In an open letter to European Commission president, Ursula von der…

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#Here’s what happened in crypto today

#Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, OKX is reportedly under scrutiny from European Union regulators for allegedly facilitating the laundering of funds from the Bybit hack. Meanwhile, analysts warn that…

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#Here’s what happened in crypto today

#Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, OKX is reportedly under scrutiny from European Union regulators for allegedly facilitating the laundering of funds from the Bybit hack. Meanwhile, analysts warn that…

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#Radiology AI software provider Gleamer expands into MRI with two small acquisitions

#Radiology AI software provider Gleamer expands into MRI with two small acquisitions

Medical imaging is a broad term that encompasses several distinct technologies. After working on AI-powered tools to enhance X-rays and mammographies, French startup Gleamer now aims to tackle magnetic resonance imaging (MRI). Instead of starting from scratch, Gleamer has acquired two startups that have already been working on AI-powered MRI analysis: Pixyl and Caerus Medical….

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