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Upcoming AI Summit New York 2024 Focuses on Commercial AI Applications

American Entrepreneurship

We continue to be energized by the response to our 2024 programming…This is the most important event in the US for commercially applied AI,” stated Hicks. The post Upcoming AI Summit New York 2024 Focuses on Commercial AI Applications appeared first on American Entrepreneurship Today®.

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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. Additional sponsorship opportunities are available.

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AI Agents Drive Holiday Shopping Success, Despite Record Returns

American Entrepreneurship

The 2024 holiday shopping season marked a landmark for online retail, with global holiday retail sales surging to a record breaking $1.2 During the 2024 holiday season, retailers saw a significant increase in generative AI tool use, including conversational agents that helped guide shoppers through their buying journey.

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Woodchuck Raises $3.75M to Combat Construction Waste Crisis with AI-Driven Biomass Energy Platform

American Entrepreneurship

The funding will accelerate its mission to address the construction waste crisis by transforming wood waste into renewable energy, a breakthrough approach that positions the company at the forefront of clean energy innovation. million seed funding round.

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

American Entrepreneurship

Apptronik, the AI-driven humanoid robotics company based in Austin, Texas, is making strides toward revolutionizing the robotics industry, gaining investor support to scale operations. The investment also supports the companys commitment to creating human-centered robots.

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

American Entrepreneurship

Today, it operates 32 data centers and supports over 250,000 Nvidia GPUs, serving clients like Microsoft, Meta, and OpenAI. Microsoft alone accounted for over 60% of CoreWeaves 2024 revenue, raising questions about customer concentration risk. The company reported $1.92 In March 2025, it signed a five-year, $11.9