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Meta enters euro bond market to finance AI investment

Meta Platforms is entering the euro bond market for the first time, Bloomberg reported. The borrowing joins a surge of debt issuance by the largest technology companies as they seek to finance trillions of dollars in artificial intelligence investments.
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Bloomberg Technology
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Science

MIT-led team receives up to $38 million for disease-monitoring patch

An MIT-led team has received funding from the U.S. Advanced Research Projects Agency for Health for a four-year project worth up to $38 million to develop a wearable patch that continuously monitors biomarkers of heart disease and sepsis.

MIT News
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Capital

EloElo raises $80M Series C at $500M valuation

India-based EloElo raised an $80M Series C led by Hornbill Capital and NBCU at a $500M valuation, TechCrunch reported. Its Story TV microdrama app has 33M+ estimated active users. The financing comes as more than 118 million users watch microdramas every month in India.

Techmeme
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Capital

JawBuddy raises €818k to fund jaw therapy study and reimbursement efforts

Leipzig startup JawBuddy has raised €818k in pre-seed funding led by healthcare platform HALBZEIT to fund an efficacy study and pursue health insurer reimbursement for its jaw therapy app. The total includes the Business Angel Bonus from Sächsische Aufbaubank.

EU-Startups