Phqb When Late B2B Payments Hit, Smaller Companies Struggle
Elon Musk offered financial support to a project that aims to use artificial intelligence to read ancient Roman scrolls that were damaged by a volcanos eruption nearly 2,000 years ago. Musk Foundation will support this, he said in a Wednesday Feb. 7 post on X, formerly known as Twitter, replying to a post about the Vesuvius Challenge by Nat Friedman, an investor, entrepreneur, developer and former CEO of G
stanley mug itHub.Musk Foundation will support this鈥?Elon Musk @elonmusk February 7, 2024The scrolls were flash-fried by the eruption of Mount Vesuvius in 79 A.D. and have been
gourde stanley unreadable, Friedman said in his post.Last year, the project awarded $700,000 to a team who read a portion of one scroll with computer vision, machine learning and hard work, according to a Monday Feb. 5 press release.Musk told Bloomberg Wednesday that his charitable foundation will contribute whatever amount is useful to the project. He added: Im in favor of civilizational enlightenment
stanley canada , per the media outlets report.Friedman told Bloomberg that the project expects to spend $2 million in the next step of its effort to read entire scrolls and as much as $10 million to read every scroll that has been uncovered so far from the site.The scrolls, known as the Herculaneum Papyri, were discovered in the 18th century, according to the press release. More than 800 scrolls were found 鈥?all rolled up and reduced to lumps of carbonized ash. In 2023 we got from 0% to 5% of a scroll, the release said. In 202 Xfgi Commercial Cards Lean Into Data Integration Opportunity
It was hardly the most valuable week for B2B venture capital, coming in at a modest $43.12 million raised. But backers diversified their funding across B2B payments, alternative lending and beyond. Their money spanned global borders, too, hitting India, Australia, Canada and the U.S. We break down all of the funding rounds below.B2B PaymentsnanoPayCanada nanoPay isn ;t a B2B payments company 鈥?yet. It uses its own digital currency, MintChip, developed by the Royal Canadian Mint, to provide money storage and transfer solutions for individuals. But on Wednesday Oct. 26 , the company announced a $10 million Series A funding round led by Goldman Sachs, APAGM Services, Jarnac Capital Management and Rohatton.With the new funding, nanoPay said it will explore an entrance into the B2B payments space. After successfully deploying MintChip as a digital cash platform in Canada in June 2016, our focus is now on expanding the platform beyond digital cash to a broad range of B2B use cases that have global applications, said the firm CEO, Laurence Cooke, in a statement.SME FinanceKredXKredX announced a聽$6.25 million funding round for a solution that provides invoice financing to SMEs. A
kubki stanley nnounced Tuesday Oct. 25 , the Series A funding was led by Sequoia India and saw participation
stanley france from Prime Vent
stanley cup ure Partners as well. KredX said it will use the funds to enhance the technology behind its solution and focus on sales.LendioWith Comcast at the investment wheel,
