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Worldmodeldata secures £7M to develop AI training using video games.

Worldmodeldata secures £7M to develop AI training using video games.

The Cambridge-based startup Worldmodeldata has secured £7 million in seed funding, led by Iona Star Capital, to convert licensed video game data into training datasets for AI world models. Worldmodeldata secures £7M to develop AI training using video games.

Worldmodeldata secures £7M to develop AI training using video games.

The Cambridge-based startup Worldmodeldata has secured £7 million in seed funding, led by Iona Star Capital, to convert licensed video game data into training datasets for AI world models. Hedge funds have offloaded chip stocks for the fourth consecutive week, but they have not reduced their positions in AI investments.

Hedge funds have offloaded chip stocks for the fourth consecutive week, but they have not reduced their positions in AI investments.

According to data from Goldman Sachs, semiconductors remained the US sector with the highest net sales for the fourth consecutive week, although hedge funds' positions in AI continue to be near all-time highs. Hedge funds offloaded chip stocks for the fourth consecutive week, but continued to invest in AI stocks.

Hedge funds offloaded chip stocks for the fourth consecutive week, but continued to invest in AI stocks.

Data from Goldman Sachs indicates that semiconductors have been the US sector with the highest net sales for the fourth consecutive week, while hedge funds maintain their AI positions at nearly record levels. CurifyLabs secures $14 million to produce personalised medicine through 3D printing.

CurifyLabs secures $14 million to produce personalised medicine through 3D printing.

Finland's CurifyLabs has secured $14 million in Series A funding to grow in the US, where pharmacies across 21 states utilize its 3D printers to create personalized medication doses. CurifyLabs secures $14 million to 3D-print customized medicine.

CurifyLabs secures $14 million to 3D-print customized medicine.

Finland's CurifyLabs has secured $14 million in Series A funding to grow its presence in the US, where pharmacies across 21 states utilize its 3D printers to produce personalized medicine doses. Sherpa.ai from Spain secures $18 million for data-sovereign artificial intelligence.

Sherpa.ai from Spain secures $18 million for data-sovereign artificial intelligence.

The Basque startup Sherpa.ai has secured $18 million from the US investor Forgepoint for its federated-learning AI, which develops models without the need to share sensitive information. Spain's Sherpa.ai secures $18 million for data-sovereign artificial intelligence.

Spain's Sherpa.ai secures $18 million for data-sovereign artificial intelligence.

The Basque startup Sherpa.ai has secured $18 million in funding from the US investor Forgepoint for its federated-learning AI, which develops models without the need to share sensitive information. A high-ranking official from the FCA states that the UK should consider the direct regulation of AI models.

A high-ranking official from the FCA states that the UK should consider the direct regulation of AI models.

Sheldon Mills from the FCA suggests that the UK should consider whether regulation is necessary for general-purpose models such as ChatGPT, Claude, and Gemini, given their influence on financial decisions. A high-ranking official from the FCA suggests that the UK ought to consider directly regulating AI models.

A high-ranking official from the FCA suggests that the UK ought to consider directly regulating AI models.

Sheldon Mills from the FCA suggests that the UK should consider reviewing the need for regulation of general-purpose models such as ChatGPT, Claude, and Gemini, as they influence financial decisions. Thought Machine reaches $100 million in revenue, postpones IPO to 2028.

Thought Machine reaches $100 million in revenue, postpones IPO to 2028.

The UK core-banking company Thought Machine has surpassed $100 million in revenue and annual recurring revenue (ARR), secured £30 million from a banking client, and delayed its stock market listing until 2028. Thought Machine reaches $100 million in revenue, postpones IPO until 2028.

Thought Machine reaches $100 million in revenue, postpones IPO until 2028.

UK core-banking company Thought Machine has surpassed $100 million in revenue and annual recurring revenue (ARR), secured £30 million from a banking client, and postponed its stock market listing to 2028. ITV has sold its broadcasting division to Comcast's Sky for a sum of up to £1.6 billion.

ITV has sold its broadcasting division to Comcast's Sky for a sum of up to £1.6 billion.

ITV will assign its media and entertainment division to Comcast’s Sky for as much as £1.6 billion, retaining the Bake Off producer and transforming into an independent studio. ITV has sold its broadcasting division to Comcast's Sky for as much as £1.6 billion.

ITV has sold its broadcasting division to Comcast's Sky for as much as £1.6 billion.

ITV will transfer its media and entertainment division to Comcast's Sky for a maximum of £1.6 billion, retaining the Bake Off producer and establishing itself as an independent studio.

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