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Startup News
Medium
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234
DEALS!!!! WhatsApp:+1(616) 202 1156 HOT DEALS!!I
- This news appears to be offering illegal services related to money transfers and card fraud.
- The contact information provided includes an email address, phone number, WhatsApp number, Telegram username, and a link to a Telegram channel.
- The services mentioned in the news include Western Union transfers, PayPal transfers, bank transfers, CashApp transfers, Zelle transfers, Venmo transfers, and selling prepaid cards.
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Inc42
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204
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Navi Finserv Allowed To Make Loan Disbursals Sanctioned Before Oct 20
- Navi Finserv has been allowed by RBI to make scheduled home loan disbursals sanctioned before October 20, 2024.
- This permission is valid until December 31, 2024 and provides relief to homebuyers affected by the RBI's crackdown.
- Navi Finserv, along with three other companies, faced action from RBI over alleged usurious pricing and non-compliance with regulations.
- The clampdown on Navi Finserv may impact the IPO plans of its parent company, Navi Technologies.
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TechCrunch
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173
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Salva Health wants to lower breast cancer mortality with its affordable screening device
- Colombian startup Salva Health aims to lower breast cancer mortality rates in Latin America.
- The company developed Julietta, a portable device that measures tissue density and provides results within minutes.
- Salva Health partnered with Grupo Sura to conduct clinical trials and develop an AI model for predicting breast cancer risk.
- After receiving approval from Colombia’s INVIMA, Salva plans to distribute Julietta throughout Latin America and expand to other emerging markets.
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TechCrunch
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429
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Narada AI’s enterprise agent will use workplace tools for you
- Narada AI, a Silicon Valley start-up, has revealed an AI assistant that can carry out functions across a range of work apps at once.
- It was presented publicly for the first time at the Startup Battlefield 20, TechCrunch Disrupt 2024.
- The service can manage actions such as drafting emails, creating calendar invites and taking meeting notes. Narada’s lead co-founder, CEO Dave Park, said it would also navigate enterprise applications, even without APIs.
- The AI assistant works primarily through the front-end of websites, using open-source technology developed by two of the start-up’s co-founders who published a paper this year on LLM Compilers – AI systems that can carry out several functions at the same time.
- The model of the assistant is designed specifically for productivity tools, with Park saying it could revolutionise virtual assistants in enterprise.
- Narada has already secured a Fortune 500 client. According to the company, it has been able to click, scroll and type through web pages, but the difference with similar virtual assistants that work in this way, including Rabbit’s LAM, is Narada is focused on enterprise applications rather than providing general assistance.
- It can also read a calendar, and is currently operating through APIs to Gmail.
- It is primarily a timesaving tool, although the user will require trust that the company does not misuse personal or company data.
- The start-up has already raised funds from advisers but is seeking investments from traditional venture capitalists.
- Webpages can update their layouts, breaking some agents. However, Narada is looking to map out the newest apps automatically to reduce maintenance.
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TechCrunch
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399
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Luna wants to help young girls navigate their health and well-being
- London-based startup Luna has created a health and well-being app for teenage girls, with the aim of educating and supporting them through teenhood. The app allows users to ask questions about their health and wellness and receive responses from experts. It also allows them to track their periods, moods, and skin and features a “Learn” section where users can access articles and videos from experts on specific topics around body positivity, work anxiety, relationships, and more. The app currently operates on a freemium model where users can access all parts of Luna for free, but then get capped at a certain point of usage.
- The app was the brainchild of best friends Jas Schembri-Stothart and Jo Goodall, who came up with the idea as part of their MBA program at Oxford. The duo built a simple version of Luna in November 2022 and since then they have been building out the app and adding new functionality based on responses from users.
- The startup is using AI to field answers for questions that have already been asked on the platform and is available worldwide, except in the United States, where the company intends to launch next year. The startup has raised €1.4m in funding to date, and operates on a freemium model, with users able to pay €2.99 per month for unlimited access to the app.
- Additionally, Luna features a series of questions that users are asked each day to track how they feel and to log their periods, skin, sleep, and more. Each month, a report is provided based on user logs, advising them on healthy habits to form while nudging users to consider chatting with their doctor about significant events.
- Luna's vision is to become the go-to app for teenage girls in terms of health, well-being and education. Not only will it help these girls, but it will also provide parents with new opportunities to learn more about the changes their teenagers are going through.
- According to the founders, Luna was created because of a lack of information about health and wellness during their teenage years. Luna provides a platform that seeks to help teens navigate through their health and well-being journeys throughout puberty.
- Luna lets users ask anonymous questions and receive responses from experts like general practitioners, gynecologists, dermatologists, academics, and more. Nearly 45,000 questions have been asked on the platform to date, with 100,000 users.
- During their MBA program Schembri-Stothart and Goodall were required to form a team and come up with an idea to pitch to mock investors. They formed a team with other women from around the world and talked about women’s health issues they experienced in their adolescence.
- Teenagers who attended focus groups conducted by Schembri-Stothart and Goodall agreed that they were facing a misinformation crisis and didn’t know what was fact or fake because they were getting most of their information from Tiktok, and the education system was not helpful.
- After graduating from their MBA program, the duo built the app in 2021 and launched a simple version in November 2022, which they shared with teenagers who attended their focus groups.
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TechCrunch
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251
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CTGT aims to make AI models safer
- Cyril Gorlla, co-founder of CTGT, has established a firm that aims to enhance the safety of artificial intelligence (AI) models and aid companies in using AI more thoughtfully.
- CTGT's auditing approach examines a model's internal concepts to identity biased outputs. It can mitigate certain errors and help establish reliability in AI models for enterprises.
- The firm has several unnamed Fortune 10 brands as clients, including one whose facial recognition algorithm was biased towards hair and clothing. CTGT identified the bias and provided practitioners with immediate insights.
- CTGT claims its auditing techniques are notably performant, outpacing the methods of other AI audit platforms that train 'judge' AI to monitor in-production models, according to Gorlla. He says the firm's maths-guaranteed interpretability differs from other methods as it trains fewer models.
- CTGT is a graduate of the Character Labs accelerator and has backing from investors Mark Cuban, Jake Knapp and John Zeratsky, and Mike Knoop.
- 'Explainable AI' could be worth $16.2bn by 2028, according to Markets and Markets. As well as CTGT, TruEra, Patronus AI, Google and Microsoft are among the start-ups and organisations developing tools and techniques to interpret model behaviour and explain AI model decision-making.
- CTGT aims to help those larger corporations and companies requiring AI services to better deploy models that have personalised and guided API recommendations, improved framework that builds trust, 24/7 monitoring, proactive protections, and the ability to develop custom models.
- Gorlla believes companies increasingly want safer and more trustworthy AI models, particularly in industries like healthcare and finance which are in a fast adoption phase for the technology.
- CTGT advises on the entirety of a client's AI model lifecycle, addressing any potential safety risks from technical oversight during modelling to monitors in production.
- CTGT’s focus in the coming months will be on building out its engineering team and refining its platform. It is just Gorlla and co-founder Trevor Tuttle at the moment.
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Dev
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286
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The Tyranny of CI testing
- Many believe that more unit tests and Continuous Integration (CI) are beneficial, but this is often a fallacy influenced by Silicon Valley culture.
- CI can pose challenges, such as debugging build system issues in remote environments with limited access, leading to blind troubleshooting.
- The preferred approach is to do production/release work locally on a development workstation to resolve broken builds efficiently and have better control over setup.
- CI is useful for accepting code from external contributors but often unnecessary for verifying every single commit, wasting resources.
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TechCrunch
2w
86
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HILOS is making footwear more sustainable without skimping on style
- HILOS is a company focused on creating low-waste, sustainable, and stylish footwear using 3D printing technology.
- Their 3D printing process allows for on-demand manufacturing, reducing overproduction and waste.
- HILOS uses powder-based printing, resulting in high-quality and finished products.
- The company partners with brands to offer on-demand manufacturing, reducing the need for large inventories.
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Medium
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429
How to boost your business with solo ads.
- Solo ads have emerged as a powerful tool for boosting businesses.
- They allow direct reach to potential customers through targeted email campaigns.
- Consider affordability, reputation, targeting options, and customer support when choosing a solo ads provider.
- 10dollarsoloads.com is an affordable and effective choice with positive results.
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Medium
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360
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Riding the Pandemic Fundraising Wave with Allocations
- The COVID-19 pandemic unexpectedly resulted in increased savings and available time for many Americans.
- Joining the fundraising platform, Allocations, changed the author's perspective on financial technology.
- Allocations aimed to democratize access to private investment opportunities for smaller investors.
- By mid-year 2021, Allocations achieved profitability and experienced significant growth.
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21 Likes
Medium
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234
Image Credit: Medium
Why agentic AI is better for complex automation
- Agentic AI is better for complex automation as it involves AI agents working independently but collaboratively to achieve big goals.
- AI agents are powered by Large Language Models (LLMs) like GPT-4, enabling them to understand and process vast amounts of data.
- Different LLMs are specialized for specific tasks, such as T5 for text summarization and translation, DistilBERT for real-time applications like customer support chatbots, ALBERT for text classification in mobile apps, MiniLM for document ranking, and TinyBERT for fast text processing on edge devices.
- Distributed learning allows AI agents to continuously improve their performance, and metrics can be used to measure their effectiveness and make necessary adjustments.
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Medium
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225
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The Bootstrapping vs. Raising Capital Journey: A Startup Founder’s Story
- Initially, the funding for our startup came from family and friends who believed in the dream.
- When the founder moved to Silicon Valley, they realized that getting traction was necessary before investors would invest.
- The founder decided to double down on bootstrapping to build the model and show results.
- Bootstrapping was challenging but built resilience, demanded creativity, and gave complete control over every detail.
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Geek Wire
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195
‘I really want to fix this’: Microsoft vet launches Seattle startup to transform work visa applications
- Priyanka Kulkarni, a former Microsoft employee, has launched a startup called Casium to tackle the challenges of work visa applications.
- Casium uses artificial intelligence (AI) to streamline and accelerate the immigration application process for businesses and founders seeking visas.
- The platform assesses the best visa route for an applicant, gathers information, and prepares the application documents using AI algorithms.
- Casium aims to reduce the application timeline from months to days, offering a high-quality service with its proprietary AI technology.
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Inc42
2w
382
Image Credit: Inc42
Amazon Wholesale Cuts Losses 44% To INR 344.7 Cr In FY24
- Amazon Wholesale (India) Pvt Ltd reduced its losses by 44% to INR 344.7 Cr in FY24.
- Despite flat revenue from operations, the company managed to decrease losses.
- Total income during the fiscal stood at INR 3.613.8 Cr, while total expenditure decreased by 6.2%.
- Other arms of Amazon India, including Amazon Transportation Services and Amazon Pay, also saw reductions in losses.
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Hitconsultant
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377
Image Credit: Hitconsultant
Vara Raises $8.9M to Expand AI-Powered Breast Cancer Screening Globally
- Vara, a Berlin-based provider of AI-enabled breast cancer detection, has raised $8.9M in Series B funding.
- The investment will support Vara's expansion and mission to revolutionize breast cancer screening through AI.
- Vara's AI software has outperformed radiologists in detecting breast cancer and is integrated into Germany's National Breast Cancer Screening Program.
- The company is expanding its reach to underserved populations, including India, through partnerships with imaging service providers.
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