Dan Taylor / Tech.eu:
London-based The Applied AI Company, which uses AI to automate repetitive work prone to human error in insurance, pharma, and other sectors, raised a $42M seed — Investors include Stefan von Liechtenstein, Garry Kasparov, Dennis Mahoney, Valnon Holding, Freud Holdings, HCS GmbH …
Dan Taylor / Tech.eu:
Germany-based Temedica, which offers a health data insight service to pharma companies, raised a €25M Series B extension, bringing its total Series B to €42M — Aimed at offering a complete and total understanding of medical patient care realities, Munich-based Temedica …
Ana Lucía Murillo / Washington, D.C. Business Journal:
DC-based Pie Insurance, which uses data and analytics to help SMBs get insurance digitally, raised a $315M Series D, bringing its total funding to $615M+ — Pie Insurance has raised yet another staggering round of funding to create new lines of business for the tech-enabled insurance firm.
Reuters:
Applied Materials says US export controls on chips and chipmaking tech to China would result in a $250M-$550M loss in net sales in the quarter ending October 30 — Chip-making technology supplier Applied Materials Inc (AMAT.O)said on Wednesday export restrictions to China would result …
Mack DeGeurin / Gizmodo:
Meta’s researchers detail Cicero, an AI trained to “human level performance” in negotiation-based strategy game Diplomacy, ranking in the top 10% over 40 games — Ever since IBM’s Deep Blue artificial intelligence system defeated world chess champion Garry Kasparov at his own game in 1997 …
Callan Quinn / The Block:
Binance shares addresses for its wallets and details its holdings: 475K BTC, 4.8M ETH, 17.6B USDT, 21.7B BUSD, 601M USDC, 58M BNB, and a $1B SAFU fund — – Binance has released the addresses of its hot and cold wallets. — It provided a snapshot of its current holdings.
Ryan Browne / CNBC:
Mastercard announces Crypto Secure, which uses AI to help banks identify and stop transactions from fraud-prone crypto exchanges, powered by CipherTrace’s tech — – Mastercard will on Tuesday launch a new product called Crypto Secure that helps banks assess the risk of crime associated with crypto merchants on its network.
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