Money Management – The Digital Sanctuary Fri, 01 Oct 2021 09:19:23 +0000 en-US hourly 1 Money Management – The Digital Sanctuary 32 32 CB Insights names AI.Reverie one of the top 100 AI startups again Thu, 08 Apr 2021 02:38:33 +0000

NEW YORK, April 7, 2021 / PRNewswire / – CB Insights appointed today AI Daydream, the first synthetic data platform, at its IA 100 ranking of the world’s most promising private artificial intelligence companies for the second time.

“This year’s cohort covers 18 industries and works on everything from climate risk to accelerating drug R&D,” said CEO of CB Insights Anand Sanwal. “Last year’s 100 AI companies had a remarkable run after being named to the list, with over 50% of them to raise additional funding (totaling $ 5.2 billion), including 16 mega-towers over $ 100 million. Many have also come out via M&A, SPAC or IPO. As industry after industry embraces AI, we expect this year’s class to experience similar levels of interest from investors, acquirers, and customers. “

“We are honored to be once again named to CB Insights’ AI 100 list,” said AI Co-Founder and CEO. Daeil Kim. “Synthetic data is now essential, and more businesses, government agencies and NGOs are using the AI.Reverie platform to accelerate the development of AI while protecting data privacy. The revolutionary results our customers are achieving with our platform are the ultimate price. “

Using an evidence-based approach, the CB Insights research team selected the AI ​​100 from a pool of over 6,000 companies based on several factors including patent activity, investor quality, news sentiment analysis, proprietary Mosaic scores, market potential, partnerships, competitive landscape, team strength and technological novelty.

In 2020, AI.Reverie was tripled as the demand for synthetic data to train vision algorithms increased. Other milestones from the past year include:

  • An expansion of the offer on the Retail and Agriculture markets
  • Inclusion in United States Air Force $ 3.3 billion, five-year Advance Battle Management System (ABMS) program
  • A $ 1.5M AFWERX Phase 2 SBIR contract
  • A $ 5.6 million Vulcan-led equity round
  • The publication of the largest open dataset of real and synthetic aerial imagery (Rare planes, with the In-Q-Tel CosmiQ Works laboratory)
  • Recognition by Gartner as a “Cool Vendor” in core AI technologies
  • Recognition by Forbes as “Top 25 Machine Learning Start-ups”, among other honors

About CB Insights

CB Insights creates software that empowers the world’s best companies to discover, understand, and make technology decisions with confidence. By combining data, expert advice and work management tools, clients manage their end-to-end technology creation process on CB Insights. For more information, please visit

About AI.Reverie

The AI.Reverie Synthetic Data Platform creates a virtually endless supply of annotated images and videos that accelerate computer vision and machine learning in all areas. Its unique set of tools preserves data privacy and provides control to avoid bias in AI. Learn more about


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Disy MPs Exit House Bad Debt Meeting (Updated) Thu, 08 Apr 2021 02:38:22 +0000

A House oversight committee meeting scheduled to discuss the co-operative bank’s demise on Thursday was marked by the departure of Disy MPs from power citing a conflict of interest and the auditor general being informed that he had been tested positive for the coronavirus during the session.

Whatever discussion took place afterwards, it was punctuated by spikes regarding the management of the bank which was closed in August 2018 under the weight of around 7.6 billion euros in bad debts.

The meeting, which was attended by Finance Minister Constantinos Petrides, started with Disy’s ruling MP Giorgos Georgiou, suggesting that MPs who may receive preferential treatment could not consider the bad debt forgiveness agreement from the cooperative to the asset management company Altamira.

Georgiou also asked how Diko’s chairman Nicolas Papadopoulos could bring the issue up for discussion when his former law firm handled the process.

Based on the reasons he gave, Georgiou said the issues at stake could not be discussed by the committee in the presence of colleagues “who have a clear conflict of interest”.

The chairman of the committee, Diko MP Zaharias Koulias, said Georgiou should not have raised the procedural issue in the presence of the officials who had been invited to attend, suggesting it was a ploy to kill the discussion on the issue.

“I understand some people don’t want the issue discussed, I understand your difficulty, but you won’t stop it,” said Koulias, an MP with millions of NPLs.

Regarding the link with the law firm, Koulias said it was no different from President Nicos Anastasiades’ connection with his former law firm, now run by his daughters.

“This applies to the president, but you don’t accept it for Diko’s president?” “

At this point, Disy’s MPs left the room, as the committee began to discuss the matter.

Shortly after, Auditor General Odysseas Michaelides also left the meeting after being informed that the rapid antigen test he had undergone upon entering came back positive for the coronavirus.

Michaelides was retested but the result was inconclusive. He was told to undergo PCR tests to determine whether or not he was infected with the virus. It was later reported that her first PCR test came back negative. The results of a second PCR were expected around 7 p.m.

The meeting resumed with the finance minister saying that for the cooperative to end up with € 7.6 billion in bad debts, that meant the problem had started long before.

“The problem was not created in 2014 or 2015, but earlier, and there was an issue the government had to deal with,” Petrides said.

“Because the term looting has been used, you realize that this is an institution that has been transformed into a political party and regional melee for decades. “

Regarding the Altamira deal, Petrides said the matter was under investigation based on the findings of an investigation. In 2017 and 2018, nine cases were referred to the police for investigation and “we are waiting for them”.

An investigation into the collapse blamed political parties for the situation leading up to 2013, but held former finance minister Harris Georgiades primarily responsible for the situation afterwards.

The good loans from the cooperative were taken over by the Hellenic Bank, while the bad debts were left with Kedipes, a state-backed entity set up to manage them.

Over the next two years, Kedipes raised 320 million euros in cash for the state, paid 130 million euros into a voluntary pension scheme for former co-op staff and 55 million euros to Hellenic Bank as part of the acquisition agreement which included asset protection.

Petrides said it was time for Kedipes to take it to the next level, perhaps dealing with cases of vulnerable people who couldn’t repay their loans and were at risk of losing their homes.

“We believe that Kedipes is in a phase of transition to become an asset management company with a key social role,” he said.

After the meeting, Koulias said the discussion would continue at all costs, as he criticized Disy for raising the issue on Thursday when he had no objections at the previous meeting.

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Dustin Diamond, Screech of ‘Saved by the Bell’, hospitalized with unknown illness Thu, 08 Apr 2021 02:38:11 +0000

Actor Dustin Diamond was rushed to a hospital in Florida with an unknown illness.

Diamond, who is best known for playing the role of Screech in “Saved by the Bell”, was reportedly hospitalized over the weekend after feeling pain and “a general feeling of unease”.

TMZ reports thatAlthough his illness is not officially disclosed, sources claim that Diamond is currently suffering from cancer. These sources further indicate that the actor is currently undergoing a biopsy in the hospital to determine what type of cancer may be afflicting him.

Weekly entertainment states that a member of Diamond’s team has revealed the prognosis is dire, although the extent of its severity has yet to be confirmed.

Diamond portrayed Screech for the entirety of the original “Saved by the Bell” series in the ’90s. The character was beloved for his quirky and unhappy ways, and Diamond quickly became an icon in the sitcom space.

However, NBCUniversal’s recent reboot of the “Saved by the Bell” series aired without any Screech.

“He wants to be paid and respected,” Lark Voorhies, former Diamond co-star, said of his absence. “We would love for him to come back to the set. He’s going through his growing pains… He’s going through adult issues and all that, but I’m sure he’ll be back – okay, they’ve got the perfect contract for him. I’m sure he would be back.

Currently, the reboot of “Saved by the Bell” explains Screech’s absence by stating that he is on the International Space Station. The Revival series has not yet been renewed by the network.

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Explosion destroys Virginia shopping center, injures several Thu, 08 Apr 2021 02:37:56 +0000

HARRISONBURG, Va. (AP) – Officials said an investigation is underway into the cause of an explosion and a big fire in a shopping center in Harrisonburg, Va. on Saturday morning, which left several injured.

Three people were hospitalized following the incident which was reported around 8:30 am, the Daily News-Record reported, and several others were injured but treated on the spot.

City spokesman Mike Parks told the newspaper that a search for the remains of the building did not result in any further casualties, but a second search was underway on Saturday afternoon to be sure.

Parks said the building was a total loss.

Firefighters fight flames at a shopping mall early Saturday, October 17, 2020 in Harrisonburg, Virginia. Officials say an explosion and subsequent fire at the mall injured a few people. (Ian Munro / Daily News-Record via AP)PA

Virginia Mall fire

A firefighter walks through the burning rubble of a shopping mall after an explosion in Harrisonburg, Va. On Saturday, October 17, 2020 (Ian Munro / Daily News-Record via AP)PA

Governor Ralph Northam tweeted that state emergency personnel had been deployed to the area after what he called a gas explosion. But Harrisonburg Fire Chief Matt Tobia told reporters the case was under investigation.

Tobia said when the teams arrived the injured were outside the building. The fire has since been brought under control.

Harrisonburg, in the Shenandoah Valley of Virginia, is a city of about 50,000 people that is home to James Madison University.

The university said in a Facebook post that three students from the school’s Army ROTC program who had competed in a 10-mile race were among the injured. The building where the explosion occurred was about 30 meters from the race start and finish line, the school said.

One of the students has been hospitalized but is expected to be released quickly, JMU said. According to the publication, two other students were treated at the scene and released.


Man accused of setting fire to large Biden-Harris farm exhibit held without bail

Harrisburg home fire declared accidental

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We look to the next generation Thu, 08 Apr 2021 02:37:14 +0000

Hello Times Readers! It’s great to be able to contribute regularly to this incredible local media.

I look forward to some lively discussions and hard work over the next few months and years serving East Auckland. As the new Botany-based Labor MP there has been a lot to learn over the past five months.

Even though I have managed to meet many people in our community at events, I really appreciate that people stop me on the street just to greet me and introduce themselves. Even if it’s at the supermarket or in a cafe, I really enjoy these little interactions with everyone.

As a member of Parliament, the arts, student welfare and the community sector are three areas of particular interest to me. Each of these areas has played an important role in my career in Parliament and influences my values ​​and my view of the world. I plan to share a bit about each of these areas and how they influenced me in my future columns.

However, I know people want to know more about the new housing package recently announced by the government. This week, we announced the next steps in our plan to tackle the housing crisis and make it easier for Kiwis to buy their first home.

The package includes the lifting of income ceilings on the First Home Loan and First Home Grant programs, a new Housing Acceleration Fund to speed up construction and an extension of the Apprenticeships Boost payment which has already seen 21 000 new apprentices in the construction sector.

Another step we’re taking to support first-time homebuyers is to extend the light line test from five to 10 years. The light line test, introduced by National, is designed to make flipping properties less attractive. Under the current parameters, if you buy a house and sell it within five years, you will have to pay income tax on the profits you make on the sale.

We changed these settings so that speculators pay this tax if they sell homes within 10 years. It is important to note that the clear line test does not apply to the main family home or the inherited property.

I know these changes will support the thousands of people in East Auckland who are struggling to access the property ladder. Moreover, it will also help the next generation – by preparing our community for the future.

  • Naisi Chen, Labor List MP based at Botanique
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Bam Adebayo expects Boston Celtics to be angry on Wednesday: “They must have watched us in the final, of course they’re going to hold a grudge” Thu, 08 Apr 2021 02:36:44 +0000

It’s been 101 days since the Miami Heat knocked out the Boston Celtics in the Eastern Conference final. There will be a lot less in play and a few new faces on either side when they arrive for Wednesday’s 7:30 p.m. rematch in South Florida.

The two teams were inconsistent at first as they tried to find a rhythm while working their way through health issues. Bam Adebayo still expects the Celtics to have extra motivation.

“I feel like they’re going to come out with the same intensity as the Bucks just for the simple fact that we knocked them out in the Eastern Conference Finals,” Adebayo told the Miami Herald. “They must have watched us play in the final so of course they’re going to hold a grudge. It’s human nature. But it’s our job to go out there and counter that and bring our intensity. “

The Bucks, whom the Heat also knocked out of the bubble, split a two-game streak in Miami on December 29 and 30.

The Heat have a rotation almost similar to that of the team that eliminated the Celtics. They added former Celtic and Laker Avery Bradley and drafted Precious Achiuwa, who has already shown promise. Jae Crowder signed with the Suns.

Bradley told the Miami Herald that playing for the Celtics was always special to him.

“This is my home,” Bradley said of Boston. “Being there for seven years, they’re always going to mean something to me. Me being a competitive player, every time I face them I want to go out there and play even at a higher level. But I enjoy whenever I can play against, I guess you can tell, my home team because they made me who I am today.

Since their elimination in the playoffs, Boston has lost Gordon Hayward, Enes Kanter and Brad Wanamaker in free agency. On top of that, Kemba Walker, Marcus Smart, and potentially newcomer Jeff Teague are on the shelf.

Brad Stevens expected Teague to be day to day with an ankle injury after being out on Monday night. His status for Wednesday has not yet been determined. Rookie goalie Payton Pritchard will look to capitalize on his 23-point breakout effort against the Raptors. The Celtics will be looking for their third straight victory and fifth in their last six games.

Boston is hoping new big man Tristan Thompson has more success slowing down Adebayo than his frontcourt in September. Adebayo averaged 21.8 points and 11.0 rebounds against the Celtics in the playoffs. He picked up where he left off this season, leading Miami with 19.2 points and 6.8 rebounds.

The Heat got a boost on Monday night when Jimmy Butler, who suffers from an ankle injury, looked more like himself. He had 19 points and six assists in 26 minutes against the Thunder.

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World’s largest vaccine maker ‘very stressed’ as India hits record COVID-19 peak Wed, 07 Apr 2021 23:17:43 +0000

MUMBAI – India confirmed another record jump in COVID-19 cases on Wednesday, as the world’s largest vaccine maker said it was “very stressed” and needed help from the Indian government to increase production.

India is struggling to speed up vaccinations amid its biggest increase in coronavirus infections since the start of the pandemic. Authorities are also trying to balance tighter restrictions on travel while ensuring a fair vote in five regions holding national elections throughout the month.

Despite the ban on large gatherings in other parts of India, Prime Minister Narendra Modi has appeared in person at several political rallies Tuesday in West Bengal, one of the jurisdictions voting this month. Modi’s Bharatiya Janata party hopes to make inroads in West Bengal, one of the last opposition strongholds.

India administered nearly 90 million doses of vaccines to date. But that’s still less than 6% of the nearly 1.4 billion population. Modi received his first dose of a coronavirus vaccine on March 1.

In an interview on local televisionSerum Institute of India CEO Adar Poonawalla said on Tuesday evening that his company’s production of the Oxford-AstraZeneca vaccine, the most widely used injection in India, is “very stressed, to put it bluntly.”

“We are prioritizing the needs of India, but we are still not able to supply all Indians,” Poonawalla said.

He said he plans to take out bank loans if the Indian government fails to meet his demand for around $ 400 million in order to meet his needs.

After touting its ability to export millions of doses of coronavirus vaccines, India has diverted some of these shipments for domestic use in recent weeks. Other countries have complained about the delay in their vaccine orders from India.

The Ministry of Health Wednesday confirmed 115,736 new infections and 630 deaths – the highest death toll in India since November.

About half of the new cases are in the western state of Maharashtra, of which Mumbai is the state capital. There are hospitals running out of beds, oxygen, and medication. Apartment complexes where residents test positive are cordoned off and guarded by police.

Mumbai and the national capital Delhi both remain subject to nighttime curfews. The Delhi High Court said on Wednesday that masks are mandatory – even if a person is driving alone in their own car. Gatherings are prohibited and officials have closed Mumbai beaches and other areas where crowds can congregate.

But restaurants, shops – even cinemas – remain open across most of India. Authorities have delayed declaring a strict national lockdown. Last spring, the Indian economy decreased by almost 24% subject to nationwide restrictions, and there have been cases of famine among the poor.

The chief ministers of Maharashtra and New Delhi instead called on Modi’s government to lift age requirements and speed up vaccinations for adults of all ages. But the central government has so far refused. Only people aged 45 or over and certain categories of frontline workers remain eligible.

Copyright 2021 NPR. To learn more, visit

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House Democrats seek to expand loan program for fuel-efficient vehicle projects Wed, 07 Apr 2021 23:17:42 +0000

Washington – Two House Democrats introduced a bill on April 1 that would expand a loan program within the Department of Energy for projects that engage in the production of fuel-efficient vehicles and parts.

The bill, sponsored by Representatives Debbie Dingell of Michigan and Julia Brownley of California, would update the Department of Energy’s Advanced Technology Vehicles Manufacturing loan program by expanding the definition of eligible borrowers to include “ultra-vehicles. efficient ”, as well as light vehicles. and medium-duty passenger vehicles and heavy-duty vehicles that meet emission standards set by the EPA or emit zero emissions.

The measure – dubbed the Advanced Technology Vehicles Manufacturing Future Act – would also support the development of electric vehicle batteries, strengthen existing wage requirements for workers, update an applicant’s assessment of an applicant’s prospects of repaying a loan under of the program and would invest $ 10 million in the program each year through 2031, according to the text of the bill.

The bill does not yet have bipartisan support, a congressional adviser said.

“Through the ATVM Future Act, we can strengthen the national supply chain, build electric vehicle batteries in this country, and provide domestic manufacturers with the funding to re-equip factories, so they can bring in new cars. on our streets, ”Dingell said in a statement. . “This loan program has proven its worth, but it must be modernized to meet the demands of today and tomorrow.

In a six-page letter to President Joe Biden, major auto industry groups urged the White House to consider a “holistic approach” to electric vehicles and a net-zero carbon transportation future that includes supply policies and demand.

In the letter, the three groups – the Alliance for Automotive Innovation, the Motor & Equipment Manufacturers Association, and the UAW – also suggested expanding, modernizing and funding the Ministry of Transportation’s ATVM grant and loan program. ‘Energy.

The ministry’s loan program was created in 2007 to help automakers meet vehicle fuel economy standards and encourage the production of more fuel-efficient passenger cars and trucks in the United States.

The program has loaned more than $ 8 billion to automakers for investments in their manufacturing operations and has supported the production of more than 4 million high-tech vehicles, according to the department.

The automakers who have used the program are Tesla, Nissan and Ford.

“While the light vehicle (zero emission vehicle) market has experienced significant growth, the bus and truck market is still in its infancy,” Brownley said in a statement. “If we are to dominate and compete with the rest of the world in this growing market and create well-paying jobs in the United States, federal support is needed to provide a much needed boost in the manufacturing of medium and heavy vehicles to zero emissions. “

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Leveraged buyouts rebound Wed, 07 Apr 2021 23:17:40 +0000

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