Monday, November 11, 2024

ID verification company Equal bags $10 million in first institutional raise

Equal is building a platform which helps businesses streamline their know your customer (KYC) processes and prevent fraud, thereby assisting in regulatory compliance through integration with about 50 identity databases.

from Tech-Economic Times https://ift.tt/EVAlfRp

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...