Author: Perry
Intrepid Labs, a biotech company using AI and robotics for drug development, has emerged from stealth.The company, founded in 2023 as a spinoff out of the University of Toronto, closed its seed round with $7 million, led by Avant Bio. This follows a $4 million pre-seed round led by Radical Ventures, with participation from Propagator Ventures.According to Intrepid, the funds will be used to accelerate development of its technologies, expand its team and scale commercial operations to “keep pace with customer demand.”In particular, Intrepid will develop its AI-enabled platform Valiant, a robotic lab that uses automation technologies to rapidly analyze…
Set amid a backdrop of lush rolling hills and marshy lakes, Ningde is an unassuming company town on the south-eastern coast of China, lined with low-rise buildings and apartment blocks. One structure stands out: a gleaming rectangular tower with a gently curving glass facade, which bears an uncanny resemblance to a giant lithium-ion battery pack. Source link
But they want only high earners to pay for the fix Source link
Nimbyism on the rise
Brits’ support for housebuilding in their local area has fallen since the General Election, research by Stack Data Strategy has revealed. The main reasons people give are increased strain on local services (57%) and the potential loss of green spaces or damage to the environment (49%). Even young voters are less supportive about new housebuilding, […] The post Nimbyism on the rise appeared first on PropertyWire. Source link
16 April, 2025 6 min read Share Copy Link Copied CFOs and finance teams are facing increasing pressure to streamline operations, improve decision-making, and drive growth. The challenge is that traditional financial processes—reliant on spreadsheets, legacy systems, and manual interventions—no longer cut it. In 2025, it’s absolutely essential for you to rethink how these processes are structured and adopt new approaches that boost efficiency, profitability, and scalability. In this article, we explore strategies that you can implement to improve financial processes, from automating manual tasks to embracing cutting-edge technology. They’re not only great for helping your business to keep up…
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Who’s Funding the Next Wave of Innovation?
Click here to open a full-size image Artificial Intelligence (AI) is reshaping the tech landscape, attracting a diverse array of investors eager to capitalize on its potential. In this article, we explore the key players driving investments in AI, from tech giants and venture capital funds to angel investors, and examine the companies they are betting on. We aim to provide a clear understanding of the current and future capital flows in AI: where the money has been, where it is going, and which sectors are seeing the most growth. Through our detailed infographics, we highlight the leading AI startups…
In the early 20th century, before America introduced an income tax, tariffs paid many of the government’s bills. President Donald Trump wants to revive that approach. He has repeatedly floated the idea of an “External Revenue Service”, under which Uncle Sam would scrap income taxes and instead rely on levies at the border, with foreigners, at least in theory, funding the American government. “It will be a BONANZA,” Mr Trump posted recently on his social-media site, claiming that tariffs could all but eliminate income taxes for people earning less than $200,000 a year. Source link
Is America the next Cyprus? Only one other Double-A rated country has ever defaulted
Have a look at the default rate of sovereign issuers. Going back to 1983, precisely zero countries with a triple-A rating defaulted within 10 years of getting that gold-standard approval. Source link
13 May, 2025 3 min read Share Copy Link Copied When choosing a financial management solution for your firm, several crucial factors demand attention. Features, price, performance, reliability, industry expertise, and ease-of-use represent just a few of the non-negotiables that finance leaders must address. Convincing stakeholders to invest in new technologies can prove challenging. But as a finance leader, guiding your organisation’s growth remains a core responsibility. The accounting platform you select has an outsized impact not just on operations, but on profitability. For growing financial services organisations, Sage Intacct offers a cloud-based solution that streamlines complex processes while providing…
