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Scamnetic’s $13M Series A to Scale AI-Powered Scam Detection

American Entrepreneurship

In a major milestone for both Scamnetic and the growing Tampa, Florida innovation ecosystem, the AI-powered scam detection company announced a $13 million Series A funding round to accelerate its growth and expand its market presence globally. billion to fraud in 2024 alone, a 25% increase from the previous year. billion in 2023.

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Delaware’s 5th annual Startup302 funding contest accepting applications January 2 to 26

American Entrepreneurship

December 20, 2024 ) Applications for Delawares fifth annual Startup302 funding competition will be accepted January 2 through 26 from technology-enabled startups with high-growth potential and at least one founding team member from an underrepresented group. Thanks to sponsors, there is no charge to enter.

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Apptronik Closes $350M in Funding to Meet Surging Demand for Humanoid Robots, Gains Google Investment

American Entrepreneurship

This critical investment will enable Apptronik to ramp up the production of its groundbreaking humanoid robot, Apollo, and accelerate the development of next-generation robots tailored for a wide range of industries. Founded in 2016, Apptronik has rapidly gained recognition as a leader in humanoid robotics.

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Profit Dollars per GPU Dollar

Tomasz Tunguz

GCP’s is the lowest, but accelerating rapidly. Amazon & Google are developing their own chips : “As customers approach higher scale in their implementations, they realize quickly that AI can get costly. ” All of these advances are expensive: “We expect to spend approximately $75 billion in CapEx in 2024.

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20 Years As a CEO: What I Wish I Knew Then

StartupNation

Encourage open conversations and develop a feedback-sharing culture : Don’t be judgmental, saying, “ I’m the adult in this room; I know what is best for you! Better plunge into mCommerce and accelerate your mobile pages as soon as possible. It was in 2016 that ETC accelerated the mobile site speed. CEO Lesson #2. CEO Lesson #7.

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CoreWeave’s IPO Marks a Milestone for New Jersey’s AI Ecosystem

American Entrepreneurship

The companys collaboration with the New Jersey Economic Development Agency is a boost to the states program to attract AI companies for its innovation economy. Microsoft alone accounted for over 60% of CoreWeaves 2024 revenue, raising questions about customer concentration risk. The company reported $1.92

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Fintech Startup MoneyHash Gains Global Funding for Middle East and Africa Payments Platform

American Entrepreneurship

Fraud rates and cart abandonment are over 20% higher than in developed markets, says Nader Abdelrazik, co-founder and CEO of MoneyHash. According to MoneyHash, its solution can help businesses increase revenue by 10-20% while reducing go-to-market and development costs by up to 90%.

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