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Hive AI, a San Francisco-based software company that uses artificial intelligence AI to moderate digital content, is reportedly working to raise $200 million in a funding round, with a valuation of up to $4 billion.The funding round comes two years after Hive was valued at $2 billion in an
kubki stanley earlier round, and while the exact valuation for the new round has yet to be set, it is expected to exceed the 2021 figure, Bloomberg聽reported聽Friday Aug. 11 , citing unnamed sources.The terms of the funding are still being finalized and could yet change, according to the report.Hive AI did not immediately reply to PYMNTS request for comment.Hives content moderation services
stanley cup uk are used by a range of different companies, including Visa, Netflix and Reddit, helping them to better identify and block unwanted content on their platforms, the report said.This news follows investor enthusiasm for AI-related start-ups throughout 2021, as more of the technology comes to market, showcasing its potential, per the report. Other notable startups in the AI space that have attracte
stanley cup d significant backing include OpenAI, Cohere and Anthropic.Hives 2021 Series D聽funding round聽that valued the company at $2 billion raised $85 million and was led by Glynn Capital, with participation from General Catalyst, Tomales Bay Capital, Jericho Capital and Bain Co.Hive CEO and Co-founder聽Kevin Guo聽said at the time in a聽press release: The full potential of enterprise automation goes far beyond the back office. Weve Cgoj Intel Meshes Tokenization, NFC And Wearable Tech For Enterprise
The bidding war over U.K.-based payments firm Earthport 鈥?squarely in the crosshairs of card giants Visa and Mastercard 鈥?is heating up.On Friday Feb. 8 , Financial Times reported that Visa boosted its bid for the company to roughly 247 million pounds, topping the 233 million that had been offered by Mastercard last month.The latest offer equates to about 37 pence, which in turn is about 23 percent above the original bid that started the back-and-forth, and which came in December of 2018.聽It also tops the price offered by Mastercard 鈥?and agreed upon by
stanley termosy Earthport two weeks ago 鈥?by 12 percent.Now, Earthport has recommended that holders accept the
stanley cup latest offer.Mastercard, for its part, has said that it was, as reported in FT, considering its options and urges Earthport shareholders to take no action. As has been documented in this space, the British firm has focused on cross-border payments for financial institutions.聽The company helps those clients send and receive funds without having to manage local relationships with regulators and other parties.Visa has said that the proposed deal is one where Earthport can complement the development of Visas payment solutions and may consolidate at least some of the U.K. companys offices and data centers into Visas network.聽But the proposed deal means, too, that Visa does not expe
stanley mug ct to make a material change in the balance of skills and functions of the employees and management of Earthport, as noted in the report.Might the bidding
