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Inc42
1w
255
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Centre Unveils New Aadhaar App With Face ID Authentication
- The Indian government has unveiled a new Aadhaar app that enables users to verify their credentials digitally through face authentication.
- The app, currently in beta stage, eliminates the need for physical cards and photocopies.
- The app allows users to share necessary data, strengthen privacy, prevent misuse of Aadhaar data, and protect against forgery and editing.
- The Unique Identification Authority of India (UIDAI) plans to make the app available to all users after receiving feedback from a small group and ecosystem partners.
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Massivelyop
1w
229
Star Resonance, the mobile/PC revision of Blue Protocol, readies another beta test in China for April 24
- Star Resonance, the mobile/PC revision of Blue Protocol, is set to have another beta test in China starting on April 24th.
- The upcoming closed test will include new players as well as previous testers and will be available for both PC and Android.
- To participate in the test, players can fill out a questionnaire, take part in official community activities, or sign up as a content creator.
- Please note that this beta test is specific to China and may require additional steps to access for players outside of the region.
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The Pragmatic Engineer
1w
79
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MCP Protocol: a new AI dev tools building block
- The MCP Protocol (Model Context Protocol) has become popular in the intersection of AI coding tools and developer tooling, serving as a universal extension point for AI models and developer tools to connect.
- It originates from Anthropic and was created by engineers David Soria Parra and Justin Spahr-Summers, inspired by the need to enhance IDE capabilities like Claude Desktop by enabling integrations.
- MCP facilitates connecting AI-enhanced IDEs like Cursor and Windsurf to additional tools, providing practical examples of how it simplifies interactions between LLM tools and databases.
- The architecture of MCP involves clients and servers, with servers often being locally running processes, enabling advanced functionalities in AI-enhanced IDEs.
- Despite its potential, MCP implementations currently face security threats due to vulnerabilities, highlighting the need for enhanced protection measures.
- MCP opens the door to futuristic use cases like connecting tools such as Figma and 3D modeling software to IDEs, expanding its reach beyond traditional developer environments.
- The rapid industry adoption of MCP has seen major IDEs like VS Code and key players like OpenAI integrating MCP support, indicating its significance in boosting developer productivity and AI capabilities.
- The protocol builds on the concept of Language Server Protocol (LSP), simplifying the integration of new programming languages into IDEs, inspired by Microsoft's initiative to streamline language support in editors.
- With MCP, developers can converse with their tools through natural language queries, enhancing productivity and enabling AI agents to perform more complex tasks, leading to a potential revolution in developer workflows.
- However, MCP is still early-stage with security concerns and lacks vetted marketplaces, highlighting the need for further development and refinement in implementing secure and accessible protocols.
- Overall, MCP stands as a significant advancement in AI dev tools, promising enhanced collaboration between AI models and developer environments, paving the way for more efficient and intuitive development workflows.
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AllTopStartups
1w
259
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Why Practical Borrowers Should Opt for a Virtual Credit Line During Cash Emergencies
- Virtual credit lines offer a flexible and convenient solution for borrowers during cash emergencies.
- Advantages of virtual credit lines include instant access to funds, revolving credit, no collateral required, and reliable access anytime.
- Virtual credit lines provide quick access to funds without the delays of traditional loans.
- They offer revolving credit, allowing borrowers to use as much or as little as they need and only pay interest on what is used.
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Pymnts
1w
357
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AI Startups: SignalFire Raises $1 Billion to Invest in AI Startups
- Venture capital firm SignalFire has raised over $1 billion to invest in AI startups.
- The funding will be used for seed to Series B investments in applied AI.
- SignalFire uses AI and data to identify and develop high-growth startups.
- The firm has developed Beacon AI technology to analyze data and guide investment decisions.
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Inc42
1w
0
Image Credit: Inc42
Cyient To Invest $100 Mn In Semiconductor Subsidiary
- Cyient has officially launched its semiconductor subsidiary, Cyient Semiconductors.
- The company's board has approved an investment of $100 Mn in the subsidiary.
- Cyient Semiconductors will focus on scaling application-specific integrated (ASIC) turnkey solutions.
- The subsidiary is already contributing 5% or $35 Mn to $40 Mn in revenue to Cyient's top line.
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Eu-Startups
1w
399
UP Catalyst raises €18 million to advance the EU’s critical raw material production
- Tallinn-based UP Catalyst secures €18 million loan from the European Investment Bank (EIB).
- Funding will be used to scale up the molten salt electrolysis process for producing critical raw materials.
- UP Catalyst aims to address the deficit of graphite and strengthen the resilience of EU industries.
- The company plans to expand production to meet the growing demand for carbon nanotubes and graphite.
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TechCrunch
1w
221
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Take the stage at TechCrunch Disrupt 2025: Apply to speak now
- TechCrunch Disrupt 2025 is accepting speaker applications for the event on October 27-29, 2025 in San Francisco.
- The event is seeking sharp minds to lead interactive breakout sessions and roundtable discussions.
- Applicants can choose between a 30-minute breakout session or a 30-minute roundtable discussion for their speaking format.
- The top-voted sessions will be featured live at TechCrunch Disrupt 2025.
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Killerstartups
1w
229
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Trump open to trade talks amid turmoil
- President Donald Trump is willing to negotiate new trade deals amidst ongoing economic turmoil caused by tariffs.
- Trump believes that aggressive protectionist measures will restore jobs to US industrial heartlands.
- The immediate impact of tariffs is expected to constrain consumer spending power and may harm US retailers, dampen consumer confidence, and trigger a recession.
- The economic volatility and mixed messages from the Trump administration create an environment of uncertainty as domestic and international stakeholders brace for the evolving economic landscape.
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Eu-Startups
1w
68
Untamed raises €11.6 million to revolutionise feline nutrition with “human-grade” quality
- Untamed, a direct-to-consumer subscription cat food brand, has raised €11.6 million in a Series B funding round.
- The funding round was led by Coefficient Capital and also included participation from Five Seasons Ventures and Redrice.
- Untamed focuses on delivering high-meat-content meals with human-grade ingredients that mimic the ancestral diet of cats.
- With the cat food market in the UK worth over €2.3 billion, Untamed plans to use the funding to grow its brand and expand its global reach.
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Killerstartups
1w
361
Image Credit: Killerstartups
Microsoft celebrates 50 years with Copilot
- Microsoft celebrates 50 years with Copilot.
- Microsoft's AI division head, Mustafa Suleyman, believes in using AI models that are a few months behind the cutting edge.
- Microsoft relies on partnerships with other companies for sourcing AI models and computing power.
- Microsoft updates Copilot with new features like the ability to remember key facts and occasional release of open-source models.
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Siliconangle
1w
59
Image Credit: Siliconangle
Camunda adds AI agents to its process orchestration platform
- Camunda Services GmbH has added new AI features to its process orchestration platform.
- The new version of the platform introduces built-in AI agents that can be integrated into the BPMN diagrams used to automate business tasks.
- The AI agents can automate repetitive business tasks, such as requesting information and changing the order of sub-steps.
- Camunda also introduced other enhancements, including a robotic process automation tool and an AI assistant for generating BPMN diagrams based on natural language instructions.
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TechCrunch
1w
361
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Founders, TechCrunch Startup Battlefield 200 is calling! Apply to enter!
- TechCrunch Startup Battlefield 200 applications are now live.
- Startups have the opportunity to compete against 199 other promising startups.
- The winner receives $100,000 equity-free and global exposure.
- Applications close on June 9.
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TechCrunch
1w
93
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Los Angeles-based Rain raised a $75M Series B in another good sign for fintech
- Los Angeles-based startup Rain, offering an employer-integrated earned wage access (EWA) app, secured a $75 million all-equity Series B round led by Prosus, valuing the company at $340 million.
- Rain plans to introduce credit card and savings products using the new funds, aiming to assist the paycheck-to-paycheck population that has been rising in the U.S.
- With around 35% of U.S. households under $50,000 income living paycheck to paycheck, Rain's EWA app allows early access to paychecks with a small fee, avoiding high-interest loans.
- The startup focuses on attracting employers to provide automated earned wage access between paychecks, offering additional services like financial education and tax filing to differentiate itself.
- Rain, founded in 2019, has served over 2.5 million employees and distributed $2 billion in earned wages, intending to reduce EWA dependency by promoting savings and financial literacy.
- Rain caters to mid-market and enterprise clients charging an average fee of $3 per instant transaction and aims to expand beyond EWA into financial coaching, tax filing services, secured credit cards, and health savings account utilization.
- In the third quarter, Rain plans to launch an EWA-secured credit card and a product facilitating HSA spending with reimbursement, followed by saving accounts offering auto-save features and rewards later in the year.
- Despite a challenging fintech environment, Rain's Series B funding, with participants like Nextalia Ventures and Spark Growth Ventures, will fuel its growth and development into a holistic financial wellness platform.
- Unlike employee-side EWA platforms facing regulatory crackdowns, Rain focuses on financial awareness alongside EWA, positioning itself as a comprehensive financial wellness provider aiming to aid millions on the path to financial freedom.
- Rain aims to scale its go-to-market strategy by expanding the sales team, enhancing sales enablement and marketing efforts, forging channel partnerships, and improving employer convenience through tooling.
- Having previously secured a $116 million Series A funding in 2023, with a combination of equity and debt, Rain's innovative approach to financial wellness through employer-integrated EWA sets it apart in the fintech landscape.
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ISN
1w
73
Image Credit: ISN
Ola, Uber rival Rapido plans to launch new subsidiary for fintech operations: Report
- Bengaluru-based ride-hailing unicorn Rapido plans to launch a separate subsidiary for fintech operations.
- The new unit will operate independently from Rapido's core mobility business.
- The fintech arm is expected to focus on lending and related areas within financial services.
- Rapido aims to diversify and reduce its dependence on the ride-hailing business due to increasing competition and regulatory challenges.
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