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Europe’s AI Gamble: Will Overregulation Leave the EU in the Dust?

The European Union is making a high-stakes gamble with its stringent AI regulations, exemplified by the AI Act (Regulation (EU) 2024/1689). While the Act’s risk-based framework and ethical safeguards are

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Online IP infringement detection and removal platform Red Points acquired $38 million in funding, bringing the company's total capital raised to $64 million. The

CollegeVine, a provider of data-driven high school guidance and college admissions advising, closed $24 million in Series B funding from Maywood Street Investments, Fidelity

Lola.com, the Agile Travel Management™ company providing clients with a platform to manage, book, and report on business travel, secured a $37 million Series

Fintech company Ubiquity Retirement + Savings, which pioneered flat-fee small business retirement plans, closed a $19 million Series D funding round led by long-term

Leading clinical data analytics platform firm Saama Technologies, Inc., closed a $40 million financing round led by Perceptive Advisors. Torreya Partners served as financial

PhotoShelter, the digital asset management platform for visual storytellers, received $8 million in capital from Level Structured Capital, an affiliated fund of Level Equity,

Software architecture API and service lifecycle management platform Kong Inc., gained $43 million in a Series C financing round led by Index Ventures. Existing

Luxury furnishings, jewelry, fine arts, and vintage fashion marketplace 1stdibs.com closed a Series D funding round of $76 million led by funds and accounts

Empowered Education, Inc., secured $8 million in Series A funding from Rethink Education, a leading impact investor in education technology companies. As part of