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Mexican financial technology company Kapital secured $130M in equity and debt financing and separately acquired US-based AI firm Woz Code for $30M, Techloy reported. The financing brings Kapital's valuation to $2B as it expands it...
iRhythm Holdings reported unauthorized access to certain patient data and submitted regulatory disclosures about the breach, Yahoo Finance reports. The company also updated its operational and financial guidance in response to the...
Bern-based Besso has secured €4.29 million (CHF 4 million) from a single European family office to expand its AI platform for managing international trade regulations. The company plans to increase headcount, serve more multinatio...
Ecosia is moving away from Mistral to open AI models for lower costs, greater flexibility and reduced energy consumption, founder and CEO Christian Kroll told EU-Startups. He said the search engine would probably use Melious.ai, a...
Zurich-based software testing startup Klarent has closed a €7.13 million seed round led by Mosaic Ventures, with participation from Moonfire Ventures and angel investors. The company plans to use the funding to enter the United St...
Researchers report a matrix compression method that matches or improves truncated singular value decomposition, which represents data with a smaller low-rank approximation, at equal parameter cost. Their preprint tests the method ...
