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MARE BALTICUM Gaming & TECH Summit 2024

Blockchain

Sapien AI Raises $5M for Blockchain Data Labeling Platform

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Artificial intelligence firm Sapien AI has raised $5 million in a seed funding round with participation from Primitive Ventures, Animoca Ventures, Ravikant Capital, and Yield Guild Games.

In an announcement, the firm said the funding will be used to accelerate Sapien’s mission of providing scalable annotation services for training AI models through its gamified data labelling platform.

“This funding will allow us to expand our team, expand our frontend labelling infrastructure, and provide better quality data for our growing list of enterprise customers,” said Trevor Koverko, co-founder of Sapien in a press release.

Sapien Trains AI Models With Data
Sapien is a San Francisco headquartered firm and founded in 2023. The firm helps companies develop AI models by gamifying the data labelling experience with blockchain-based rewards.

The platform has customers across the AI data industry including healthcare, web3, education and leading LLMs. This fresh funding round will be used to further develop and open source its gamified labelling infrastructure while continuing to set a new standard for how humans and AI work together, said the firm.

“Sapien’s innovative approach to data labelling, which combines advanced technology with human expertise, sets them apart in the industry,” said James Ho, Head of Animoca Ventures.

“We believe the team’s deep understanding of the market and their commitment to customer success will make them an ideal partner for companies looking to train their AI models with the best data possible. We are excited to support Sapien as they continue to grow and make a significant impact in the AI space,” adds Ho.

VC Funding Surges 2024
Venture capital funding in the Web3, gaming, AI and crypto space has experienced a surge in the first quarter of 2024, breaking a two-year downtrend. Both the total amount invested and the number of projects receiving VC funding have seen substantial increases since Q4 2023, according to data gathered by crypto analysis platform Crypto Koryo, as reported by Ruholamin Haqshanas from Cryptonews.

Data shows there has been a notable 38% rise in funds invested during the quarter, indicating a renewed investor confidence in the crypto industry. Moreover, there has been a remarkable 49% increase in the number of projects securing funding, a level not witnessed since Q4 2021.

Source: cryptonews.com

The post Sapien AI Raises $5M for Blockchain Data Labeling Platform appeared first on HIPTHER Alerts.

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Blockchain

Decentralized Finance (DeFi) Market to Surpass USD 446.43 Billion by 2031 | SkyQuest Technology

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Blockchain

Merging Traditions with Fintech and Blockchain Innovations

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Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations at MARE BALTICUM Gaming & TECH Summit

The financial industry is undergoing a seismic shift as fintech and blockchain technologies pave the way for unprecedented innovation and transformation. At the upcoming MARE BALTICUM Gaming & TECH Summit, a high-profile panel titled “Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations” will delve deep into this exciting evolution. This session will explore how established financial institutions are integrating these advanced technologies to revolutionize services, enhance security, and increase efficiency.

Moderator: Anna Agu

Leading the panel is Anna Agu, CEO and Managing Partner at Lex Law Office OU and Director at Lex Law Office LT UAB. With her extensive legal expertise in the fintech sector, Agu is perfectly positioned to guide the discussion, ensuring a thorough exploration of the delicate balance between maintaining traditional financial principles and embracing innovative technologies.

Panelists:

  • Merit Leib – Compliance Consultant at LEIB Regulatory & Compliance Risk Consulting
  • Astra Tikas – Founding Board Member of INO (Internet Native Organization)
  • Dr. Dean Rakic – Chief Scientist at Blockcontrol
  • Saulius Racevicius – Senior Associate of PSP Lab LLP and Board Member of the Fintech Hub LT
  • Evaldas Krampas – CEO at SpectroCoin and Head of Crypto Hub Lithuania

Why Attend?

The “Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations” panel at the MARE BALTICUM Gaming & TECH Summit is a must-attend for professionals across the financial sector. Here’s why:

  1. Gain Comprehensive Insights: Learn from top experts about the latest trends, challenges, and opportunities in fintech and blockchain.
  2. Regulatory Perspectives: Understand the importance of compliance and how to navigate regulatory challenges effectively.
  3. Technical Knowledge: Dive deep into the technical aspects of blockchain integration and learn about cutting-edge developments.
  4. Practical Implementation: Gain practical insights into how traditional financial institutions are successfully integrating new technologies.
  5. Networking Opportunities: Connect with industry leaders and peers who are driving innovation in finance.

Join Us

This panel provides a unique opportunity to stay ahead of the curve in the rapidly evolving financial landscape. Join us at the MARE BALTICUM Gaming & TECH Summit to explore how fintech and blockchain technologies are reshaping finance and what it means for the future. Engage with industry leaders, gain actionable insights, and network with peers at the forefront of financial innovation.

Secure your spot today and be part of this transformational journey. Don’t miss the chance to be involved in discussions that will shape the future of finance. See you at the MARE BALTICUM Gaming & TECH Summit!

The post Merging Traditions with Fintech and Blockchain Innovations appeared first on HIPTHER Alerts.

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Blockchain

North America B2C E-Commerce Market & Payment Innovation Trends Report 2024 – By 2025, Digital Wallets are Expected to Make Up Over a Quarter of Canada’s Online Payments

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