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GROW WITHOUT BORDERS #10

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Contents:


  • Skyflow has received a $30 million investment and is preparing to strengthen its data protection platform.


  • In the seed investment round led by Ludus Ventures, Midas Games received an investment of $ 1 million.


  • Google.org launches $20 million productive AI accelerator program.


  • Amazon doubles down on Anthropic, completing its planned $4 billion investment.


  • YouTube says more than 25% of its creator partners now make money through Shorts.


Skyflow has received a $30 million investment and is preparing to strengthen its data protection platform.






As a platform operating in the field of data protection, Skyflow attracted attention with a $30 million investment round led by Khosla Ventures. Important investors such as Mouro Capital, Foundation Capital and Canvas Ventures also took part in this round of US-based Skyflow. The company announced that it will use the new financing in areas such as product development, expansion of marketing activities and improvement of customer service.


Founded in 2019 by Anshu Sharma and Roshmik Saha, Skyflow stands out with innovative technologies such as large language models that emerged in response to evolving sensitive data protection needs. Skyflow's main goal is to help companies comply with data privacy laws and gain the trust of their customers by providing reliable data protection.


In the seed investment round led by Ludus Ventures, Midas Games received an investment of $ 1 million.




Ludus Ventures made its first investment of the year in Midas Games by announcing their second fund, which they established together with Tera Portföy, in early 2024. Ludus Ventures made a $1 million investment in Midas Games.


Midas Games, which will operate in the skill-oriented and competitive games category, plans to release its first games in the second half of 2024. Midas Games was founded by Selçuk Korateş, Hikmet Duran, Fatih Karadeniz, Mert Ulutaş, Emre Öztürk and İlkim Ülgen and has extensive experience in mobile game development, publishing, software development and game law.


Google.org launches $20 million productive AI accelerator program.




Google.org, Google's philanthropic wing, is launching a new program to help fund nonprofits developing technology that leverages generative artificial intelligence.


The program, called Google.org Accelerator: Generative AI, will be funded by a $20 million grant and will include 21 nonprofits in the initial phase; These include Quill.org and the World Bank, which produce AI-powered tools for students' written feedback.


Building a productive AI application to make development research more accessible.


In addition to funding, nonprofits in the six-month accelerator program will also benefit from technical training, workshops, mentors and guidance from an "AI coach." Additionally, through Google.org's fellowship program, teams of Google employees will work full-time for up to six months with three nonprofits—Tarjimly, Benefits Data Trust, and mRelief—to help launch the generative AI tools they propose.


Amazon doubles down on Anthropic, completing its planned $4 billion investment.




Amazon invested another $2.75 billion in artificial intelligence powerhouse Anthropic on Wednesday, following the option it left open last September. The $1.25 billion they invested at the time must be paying off, or perhaps they realized there were no other horses to back it.


The September deal netted the company $1.25 billion in exchange for a minority stake, and some tit-for-tat deals like Anthropic continue to use AWS for extensive computing needs.


Amazon reportedly had until the end of the first quarter to decide whether to increase its investment to the maximum of $4 billion, and here we are, just ahead of the deadline and the company has decided to invest the maximum amount.


YouTube says more than 25% of its creator partners now make money through Shorts.




As TikTok prepares to potentially be banned in the US, YouTube is touting how well its own TikTok rival, YouTube Shorts, benefits creators. The short video platform averages more than 70 billion daily views, and more than 25% of channels in the YouTube Partner Program monetize their videos through revenue sharing on Shorts, the company said Thursday.


The news comes on the heels of TikTok's announcement earlier this month that the ByteDance-owned short video app said its revamped creator fund had increased total revenue by more than 250% in the past six months. TikTok's one-year-old fund, which replaced TikTok's $1 billion Creators Fund, is now coming out of beta.


YouTube rolled out monetization options for Shorts creators in September 2022, with plans to expand the YouTube Partner Program (YPP). Previously, YouTubers who produced long-form video content had to have 1,000 subscribers and 4,000 watch hours to qualify for revenue sharing. However, Shorts creators will be able to reach a new threshold of 1,000 subscribers and 10 million Shorts views within 90 days starting in early 2023. These creators will earn 45% of ad revenue from their short videos.


Source:


ebrazzi.com

techcrunch.com

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