ClearGrid, armed with a fresh $10M, is developing AI to improve debt collection in MENA

Debt collection in emerging markets often feels outdated and can be costly — damaging borrower trust. As consumer lending surges and regulators push for fairer practices, legacy collection outfits are struggling to maintain pace. ClearGrid aims to help modernize debt collection — and recovery — with AI. The Dubai-based startup, which is emerging from stealth [...]

Nvidia reportedly acquires synthetic data startup Gretel

Nvidia has reportedly acquired Gretel, a San Diego-based startup that’s developed a platform to generate synthetic AI training data. Terms of the acquisition are unknown. The price tag is reportedly nine figures and exceeds Gretel’s most recent valuation of $320 million, according to Wired. Gretel and its team of roughly 80 employees will be folded [...]

AWS generative AI exec leaves to launch startup

Raj Aggarwal is leaving AWS after nearly three years as the company’s GM of generative AI and revenue acceleration, according to a LinkedIn post Aggarwal published Wednesday. “I’m proud of the pioneering work our team did in generative AI from its earliest days,” Aggarwal said in his post. “We built what might be the world’s [...]

Afternic launches basic self-brokering

First version of self-brokering system is limited. Afternic launched a new feature today that allows domain name investors to self-broker domain names rather than have Afternic’s brokers manage negotiations. The self-brokering feature is very much a minimum viable product, and it will only make sense for some domain name investors to consider at this stage. [...]