Weekly Tech News​ (09 Nov - 15 Nov 2024)

Calvin Risk Raises $4M to Lead the AI Risk Revolution

Swiss startup Calvin Risk secures $4M in funding, redefining how enterprises tackle AI risk. With backing from Join Capital and Seed + Speed Ventures, the company is scaling its platform to deliver real-time insights and proactive governance for AI systems.

From adaptive assessments to risk prediction, Calvin Risk’s innovative approach ensures businesses stay ahead in managing technical, ethical, and regulatory AI challenges. Key partnerships with Aviva, Generali, and Lufthansa highlight its growing influence in shaping the future of responsible AI adoption.

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AI startup Perplexity introduces shopping features to compete with Google's dominance in the search engine market.

AI startup Perplexity has unveiled a shopping hub to strengthen its platform and challenge Google’s search dominance. Backed by Jeff Bezos and NVIDIA, the platform now offers interactive product cards with details sourced through integrations like Shopify, providing real-time insights on globally shipped products.

Key Rollouts:

1- ‘Snap to Shop’ Visual Search: Instantly finds items through user-uploaded photos.
2- Merchant Program: Empowers retailers to share product details directly with Perplexity.

The shopping features are launching in the U.S., with plans for global expansion. As competition in AI-powered search intensifies, Perplexity’s latest innovation marks a strategic push to capture market share.

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Silveray Lands £4M to Revolutionize X-Ray Imaging with Digital Breakthrough

Silveray secures £4M funding to launch its cutting-edge Digital X-ray Film (DXF) technology, set to redefine radiography. The innovative DXF aims to replace traditional film with flexible, high-efficiency digital detectors, targeting industrial use by 2025 with future expansion into healthcare.

Game-Changing Features:

1- Efficiency Upgrade: Instant digital conversion of X-rays, cutting costs and time.
2- Versatility: Flexible design fits hard-to-reach areas for industrial inspections.
3- Healthcare Horizon: Plans for patient-friendly medical imaging solutions.

With strong investor backing, Silveray is poised to transform X-ray technology across industries.

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Norwegian startup Factiverse is redefining trust in the digital age with an AI-powered fact-checking tool that tackles disinformation head-on. Designed for text, video, and audio, Factiverse empowers businesses to counter false claims, protect reputations, and save time.

Highlights:
1- Global Accuracy: Fact-checks in 114 languages, surpassing GPT-4 in precision.
2- Credibility at Core: Prioritizes trusted sources over generic search results.
3- Real-World Impact: Supported live fact-checking for U.S. presidential debates.

“We are building AI that’s smart, credible, and transformative,” says CEO Maria Amelie. Backed by $1.45M in funding, Factiverse is gearing up for global growth and seeking allies to strengthen the fight against misinformation.

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