Artificial intelligence is invading almost every industry. The investment and finance industry is no exception. In Deloitte’s 2019 report, the company reveals that AI is transforming the financial ecosystem to reduce costs and make operations more efficient by providing automated insights and alternative data, analytics and risk management. Technologies such as AI have digitized the …
Artificial intelligence is invading almost every industry. The investment and finance industry is no exception. In Deloitte’s 2019 report, the company reveals that AI is transforming the financial ecosystem to reduce costs and make operations more efficient by providing automated insights and alternative data, analytics and risk management. Technologies such as AI have digitized the …
Loft Dynamics press release | December 5, 2022 Estimated reading time 9 minutes, 52 seconds. Loft Dynamics AG, creator of the world’s first and only virtual reality (VR) simulator licensed by a major aviation regulator, today announced that it has rebranded and raised $20 million in funding. This is the company’s first institutional funding round, …
First-of-its-kind technology solves global pilot shortage, growing demand for flight schools and urgent need to reduce air pollution ZURICH and SAN FRANCISCO, December 5, 2022 /PRNewswire/ — Loft Dynamics AG, creator of the world’s first and only virtual reality (VR) simulator licensed by a major aviation regulator, today announced that it has rebranded and increased …
A rift has emerged at the Federal Trade Commission over Microsoft’s $69 billion deal to acquire Activision – potentially paving the way for the controversial mega-merger to be approved, The Post has learned. At least one Democrat on the four-member panel recently took a favorable view of the merger, according to a source familiar with …
FTC breakup raises hopes for Microsoft’s $69 billion Activision merger: sources Read More »
Igloo, a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it had raised a $27m Series B expansion, bringing the round total to $46m. dollars. The first tranche of $19 million was announced in March and led by Cathay innovation with participation from ACA and returning investors OpenSpace. The latest round was led …
Southeast Asia insurtech Igloo raises its Series B to $46 million Read More »
In Augmented reality news November 23, 2022 – incitea New York-based company that brings future physical developments to life through augmented reality (AR), this week announced US$1 million in financial support from Schmidt Futures, the philanthropic initiative of Eric and Wendy Schmidt, plus another US$1 million from other notable investors and initial customer traction. The …
inCitu raises $2 million to democratize urban planning through augmented reality Read More »
Missed a session of GamesBeat Summit Next 2022? All sessions are now available for viewing in our on-demand library. Click here to start watching. Thirdverse announced that it has raised $15 million in capital through a third-party funding round so it can build Web3 and VR games. Tokyo-based Thirdverse will use the money to bolster …
Thirdverse raises $15 million for Web3 and VR games studio Read More »
The logic behind many fintech companies’ automated decisions — the decisions that determine whether a customer is approved for a line of credit, for example — is hard-coded into the backend of their application. This means that if a loan officer, for example, wants to change the granting criteria, he must create a ticket with …
Taktile raises $20 million to help fintech companies test and deploy decision models Read More »
November 17, 2022 – Arcturus, a provider of volumetric video editing and streaming tools, this week announced a new US$11 million Series A funding round led by Cloudtree Ventures, including investments from Autodesk and Epic Games. The company said the funding is a sign of confidence in the potential of the volumetric video market. Along …
Arcturus raises $11 million to expand its HoloSuite volumetric video platform Read More »
