*Accelerating Global Expansion and Growth*

SEOUL, South Korea, July 12, 2024 — On July 12, Miridih Co., Ltd. (hereinafter referred to as Miridih) announced that it has successfully secured new funding through a Series B investment. Miridih is well-known for its SaaS-based design platform, MiriCanvas, which boasts 13 million users, making it the largest of its kind in South Korea.

The total investment amounting to KRW 20 billion (approximately USD 15 million) included participation from Kiwoom PE, Industrial Bank of Korea(IBK), Shinhan Venture Investment, and G.N. Tech Venture Capital. With this investment, Miridih’s post-money valuation has been recognized at KRW 280 billion (approximately USD 215 million), raising expectations for its growth and innovation. G.N. Tech Venture Capital, in particular, highly evaluated Miridih’s domestic success and global potential, actively considering a follow-on investment. The investment was made through the issuance of Redeemable Convertible Preferred Shares(RCPS).

Miridih plans to utilize the newly raised funds for talent acquisition and global marketing to further accelerate its global expansion. CEO Kang Changseok of Miridih stated, “We are delighted to introduce MiriCanvas, the largest design platform in Korea, to the global market. With this investment, we aim to lead the innovation of the global design ecosystem and create a convenient design culture, both domestically and internationally.”

Founded in 2008, Miridih has successfully established itself in the domestic market with its SaaS-based design platform ‘MiriCanvas’ and POD printing service ‘BizHows.’ The company has shown remarkable growth each year, attracting significant attention. Miridih recorded sales of KRW 14.7 billion in 2020, KRW 19.3 billion in 2021, KRW 33.1 billion in 2022, and KRW 60.7 billion (with an operating profit of KRW 7.7 billion) last year in 2023, continuing its explosive upward trend. This investment is expected to further accelerate its growth, marking a crucial milestone in its journey to becoming a global unicorn company.

Meanwhile, Miridih announced plans to select an IPO underwriter in the second half of 2024 and officially begin preparations for its IPO.

CONTACT: Yeongmin Heo, COO, Josh Inseung Yoon, CFO, [email protected] 

SOURCE Miridih

KATY, Texas, July 11, 2024 — 406 Bovine, a provider of facial recognition software for livestock, is leading the adoption of artificial intelligence in animal agriculture applications.

Early applications for artificial intelligence in agriculture have been focused on row crop and land management applications. However, applications to animal agriculture are gaining attention as producers realize the value that can be generated and captured by implementing technology that utilizes artificial intelligence into their operations.

USDA estimates that the total market value of livestock in 2022 was more than $260 billion with most of the value in beef cattle ($89 billion) followed by dairy ($52 billion), hogs and pigs ($36 billion), sheep and goats ($1.1 billion), and horses ($2 billion).

Artificial intelligence applications in animal agriculture fall into several primary categories: value creation, value capture, and cost savings. Specific artificial intelligence applications range from animal identification and weight determination to optimizing genetics and feed intake to increase production efficiency and market value.

The 406 Bovine facial recognition solution is focused on animal identification and uses a database of more than six million animal images to train its artificial intelligence algorithms to identify individual animals quickly and reliably. After extensive field testing and model improvement, the 406 Bovine application is operating with more than 99% accuracy across all common cattle breeds.

406 Bovine has a Patent Cooperation Treaty (PCT), multi-nation patent pending in the U.S on animal facial recognition. This patent is the first and only livestock biometrics patent which enables fast, accurate, and permanent animal identification using facial recognition to identify livestock and companion animals.

Ranchers invest time and money to make incremental herd improvements. Most ranchers use ear tags to track and manage individual animals. However, losing that tag means a loss of identification and exclusion from many value-added programs.

By utilizing 406 Bovine facial recognition, ranchers maintain individual animal identification and capture the value they have added to their herds. The 406 Bovine app is used to improve management of cattle herds and track important information that helps ranchers make informative decisions that aid in making critical management choices. All the information collected may be stored and accessed on their smartphone.

Bryan Elliott, founder and CEO of 406 Bovine, said: “Artificial intelligence in animal production is in its infancy but we have already seen 406 Bovine customers use facial recognition to track program cattle with added value, replace DNA identification, and streamline data collection.”

Elliott continued, “406 Bovine is the only true permanent, individual animal identification option on the market, so our customers use the technology for a wide range of applications, from replacing brands and ear tags to serving as a backup identification method for program-specific cattle. Our customers are continually finding new and innovative ways to apply facial recognition technology to their operations, and we will continue to update the 406 Bovine service to meet their evolving needs.”

The resources required to design, build, test, and implement artificial intelligence solutions are significant. 406 Bovine has raised funds from angel investors and is currently accepting investors for subsequent funding rounds.

Elliott noted: “As artificial intelligence utility increases and technology unit costs decrease, we believe 406 Bovine is positioned for long-term growth as a leading provider of artificial intelligence solutions to animal agriculture.”

About 406 Bovine
406 Bovine is an agricultural technology company providing facial recognition software which rapidly and accurately identifies livestock by capturing animal-specific facial data. Using advanced artificial intelligence, 406 Bovine empowers livestock producers to record animal identification and related information in a proprietary, patented API.

For more information, please visit www.406bovine.com.

Contact
Bryan Elliott
Founder and CEO
832-271-0771, ext. 800
[email protected]

SOURCE 406 Bovine

BOULDER, Colo., July 11, 2024 — AVL Growth Partners, known since 2009 as a fractional finance and accounting company supporting organizations in pivoting from grow to scale, has launched a new service offering: fractional human resources. Whether a growing company needs foundational, tactical, strategic, or executive-level support, AVL provides the full continuum of HR services as needed.

“In our work with clients, it became evident they needed support not just with business finances, but also with the ‘people’ side of things,” explains CEO Bethany Parker. “Our goal is to help early to late-stage companies maximize organizational effectiveness with our experienced HR talent, from generalists to Chief People Officers.”

“The beauty of the fractional model,” adds Head of Professional Services, Blair Drake, “is that founders and executives can get the tactical and executive-level help they need to bolster a rapidly growing company without the overhead of full-time resources. This is our formal launch, and our current clients have been successfully using the offering for the last six months.”

The newly launched HR services are designed to manage all your HR needs and propel your business growth. From strategic people planning and targeted development to enhancing productivity, satisfaction, and retention with a strong DEI focus, our HR experts leverage cutting-edge HR operations and analytics.

We manage everything from core HR setup and talent management to total rewards compensation, allowing leaders to focus on strategic goals. Our expert guidance on compensation, benefits, and talent acquisition ensures your company gains a competitive edge.

The AVL Mindful Growth Methodology now spans accounting and finance as well as human resources. We evaluate practices, assess impact, and implement strategic roadmaps with regular reviews and quarterly evaluations to refine growth strategies based on performance data and market trends.

“Over the last 15 years, we have served more than a thousand early-stage companies and found that clients experiencing success with our finance and accounting offering ran into people and culture issues they sought to solve with a similar fractional model. We are delighted to bring this offering to market and continue supporting startups nationwide,” says Parker.

About AVL Growth Partners

AVL Growth Partners is a fractional finance, accounting, and human resources services company supporting growing companies in pivoting from grow to scale. For details, visit avlgrowth.com/human-resources or connect with us at 720-460-9289.

SOURCE AVL Growth Partners

PESCARA, Italie, 11 juillet 2024 — HUI a le plaisir d’annoncer la clôture d’un engagement de capitaux propres de 25 millions d’euros de la part de Nimbus Capital, un fonds basé au Panama. Cet investissement permettra à HUI de poursuivre sa croissance en tant que Super App VC 3.0, utilisée par des milliers d’entrepreneurs, de startups et d’investisseurs pour ses caractéristiques uniques sur le marché.

« HUI est une Super App unique, avec une base de code impressionnante de plus de 1,2 million de lignes de code, plus de 20 applications couvrant toutes les fonctions et processus commerciaux – des ventes aux RH, de la collecte de fonds à la gestion de projet, de l’intelligence au crowdfunding – le tout dans un environnement unique. Il ne nécessite aucune compétence en matière de codage pour fonctionner via une API avec des services externes, spécialement conçus pour chaque partie prenante sur la scène mondiale du capital-risque », explique Luigi Valerio Rinaldi, fondateur de HUI et président de Enry’s Island SpA.

L’approche de HUI, basée sur les données, la distingue des agrégateurs tels que Crunchbase, DealRoom et PitchBook. Contrairement à ces plateformes, le HUI ne fait pas appel à des robots d’indexation pour obtenir des données. En revanche, il dispose d’une base de données et d’un modèle de données complets, avec des fonctionnalités d’IA développées pour offrir une valeur significative en termes de recommandations et de prédictions.

« L’approche axée sur les données et les fonctionnalités de la blockchain et de l’IA prévues pour le troisième trimestre nous ont incités à investir dans HUI », déclare Robert J. Baker, associé gérant de Nimbus Capital. « Nimbus se consacre à l’identification des futures licornes et répond aux besoins avancés du paysage mondial du capital-risque. HUI correspond parfaitement à notre vision ».

Cette prise de participation de 25 millions d’euros s’inscrit dans le cadre du plan de développement de HUI, qui fait suite à une levée de fonds de 300 millions d’euros et à un partenariat commercial avec l’un des intégrateurs de systèmes informatiques les plus renommés au monde. Avec un nombre croissant d’écosystèmes de capital-risque adoptant HUI, et en préparation d’une cotation sur une bourse européenne, soutenue par une grande société de conseil, HUI vise à être la première plateforme tout-en-un de capital-risque 3.0 cotée au monde.

Cet investissement permettra d’accélérer considérablement la stratégie produit de HUI, en améliorant son utilisation de l’IA, de la Blockchain et des fonctionnalités 3.0 telles que le Metaverse et le Gaming. HUI développera également ses activités de marketing et de vente sur les marchés des États-Unis, d’Amérique latine, d’Afrique et d’Extrême-Orient.

L’engagement de capitaux permet également à Luigi V. Rinaldi de rejoindre Nimbus en tant que Venture Partner, mettant à profit ses 20 ans d’expérience dans le domaine du capital-risque pour renforcer le leadership financier et technologique de Nimbus.

« Je suis ravi de la profonde harmonie et de la vision commune avec Nimbus et son fondateur, Robert. Ce partenariat aura un impact significatif sur la scène mondiale du capital-risque », ajoute Luigi Valerio Rinaldi.

Contact avec les médias :

Équipe chargée des relations avec les investisseurs 
+39 3939774542
[email protected] 

Photo – https://mma.prnewswire.com/media/2458456/HUI_Equity_Commitment_Nimbus_Capital.jpg
Logo – https://mma.prnewswire.com/media/2458455/HUI_Logo.jpg

PESCARA, Italien, 11. Juli 2024 — HUI freut sich, den Abschluss einer Eigenkapitalzusage in Höhe von 25 Millionen Euro von Nimbus Capital, einem in Panama ansässigen Fonds, bekannt zu geben. Diese Investition wird das Wachstum von HUI als die VC 3.0 Super App weiter vorantreiben, die von tausenden von Unternehmern, Startups und Investoren aufgrund ihrer einzigartigen Marktmerkmale genutzt wird.

„HUI ist eine einzigartige Super App mit einer beeindruckenden Codebasis von über 1,2 Mio. Codezeilen und mehr als 20 Apps, die alle Geschäftsfunktionen und -prozesse abdecken – vom Vertrieb bis zur Personalabteilung, von der Mittelbeschaffung bis zum Projektmanagement, von Intelligenz bis zum Crowdfunding – alles in einer einzigen Umgebung. Es erfordert keine Programmierkenntnisse, um über API mit externen Diensten zu arbeiten, die speziell für jeden Akteur der globalen VC-Szene entwickelt wurden”, erklärt Luigi Valerio Rinaldi, Gründer von HUI und Vorsitzender von Enry’s Island SpA.

Der datengestützte Ansatz von HUI unterscheidet sich von Aggregatoren wie Crunchbase, DealRoom und PitchBook. Im Gegensatz zu diesen Plattformen stützt sich HUI nicht auf Crawler zur Datenbeschaffung. Stattdessen verfügt es über eine umfassende Datenbank und ein Datenmodell, wobei KI-Funktionen entwickelt werden, die einen erheblichen Mehrwert bei Empfehlungen und Vorhersagen bieten.

„Der datengetriebene Ansatz und die für Q3 geplanten Blockchain- und KI-Funktionen haben uns dazu bewogen, in HUI zu investieren”, sagt Robert J. Baker, Managing Partner bei Nimbus Capital. „Nimbus hat es sich zur Aufgabe gemacht, zukünftige Einhörner zu identifizieren und die fortgeschrittenen Bedürfnisse der globalen VC-Landschaft zu adressieren. HUI deckt sich perfekt mit unserer Vision”.

Die Kapitalbeteiligung in Höhe von 25 Millionen Euro ist Teil des Wachstumsplans von HUI, der auf eine Seed-Runde in Höhe von 300 000 Euro und eine kommerzielle Partnerschaft mit einem der renommiertesten internationalen IT-Systemintegratoren folgt. Mit einer zunehmenden Anzahl von VC-Ökosystemen, die HUI übernehmen, und in Vorbereitung auf eine Notierung an einer europäischen Börse, unterstützt von einem großen Beratungsunternehmen, zielt HUI darauf ab, die weltweit erste börsennotierte VC 3.0 All-in-One-Plattform zu werden.

Diese Investition wird die Produktstrategie von HUI erheblich beschleunigen und die Nutzung von KI, Blockchain und 3.0-Funktionen wie Metaverse und Gaming verbessern. HUI wird außerdem seine Marketing- und Vertriebsaktivitäten auf die Märkte in den USA, Lateinamerika, Afrika und dem Fernen Osten ausweiten.

Mit der Kapitalzusage kommt auch Luigi V. Rinaldi als Venture Partner bei Nimbus an Bord, der mit seiner 20-jährigen VC-Erfahrung die finanzielle und technologische Führungsposition von Nimbus weiter ausbaut.

„Ich bin begeistert von der tiefen Harmonie und der gemeinsamen Vision mit Nimbus und seinem Gründer Robert. Diese Partnerschaft wird erhebliche Auswirkungen auf die globale VC-Szene haben”, fügt Luigi Valerio Rinaldi hinzu.

Medienkontakt:

Investor Relations Team 
+39 3939774542
[email protected] 

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Logo – https://mma.prnewswire.com/media/2458455/HUI_Logo.jpg

Strategic investment from Oak HC/FT and Cedars-Sinai Health Ventures will support the rapid expansion of Regard’s AI-powered clinical insights platform aimed at unlocking the full power of the EHR

LOS ANGELES, July 11, 2024 — Regard, the AI-powered clinical insights platform that empowers clinicians to unlock the full potential of patient data, announced today the close of a $61 million Series B financing round, led by Oak HC/FT, with participation from Cedars-Sinai Health Ventures, as well as existing investors TenOneTen Ventures, Calibrate Ventures, and Techstars. The investment will enable the company to accelerate product development with their core clinical insights platform, invest in fundamental research in large language models  (LLMs) and expand beyond inpatient facilities.

“Regard is positioned to revolutionize how we think about clinical decision-making support for doctors,” said Nancy Brown, General Partner at Oak HC/FT. “The team at Regard has built a platform that is driving value for patients, physicians and health systems alike by improving outcomes, increasing efficiency, reducing burnout, and increasing revenue. Eli and Nate have been thoughtful about product development and we are thrilled to be a part of this next chapter where they look to deliver this value at scale.”

An influx of new technologies has generated more healthcare data than ever, yet much of it remains untapped for clinical care. According to The World Economic Forum, less than 3% of available patient data is used by a physician. With an average of 50,000 data points per patient, the gap between the vast amount of data available and clinically actionable insights generated from it is significant. Regard bridges the clinical insights gap by analyzing all available data and recommending diagnoses, enabling clinicians to deliver better care. Once recommendations are reviewed and approved by the clinician, Regard ensures complete and accurate documentation in a standardized format, a critical step to ensure clinical quality and enhance hospital revenue. 

“Cedars-Sinai has been working alongside Regard from the early days of the business because we saw a real need to empower physicians with the data that can provide critical analysis and insights to assist in diagnosis and treatment,” said Maureen Burgess, Partner at Cedars-Sinai Health Ventures. “And, even more importantly, we believe it will improve patient care as well as the patient experience.”

Since its launch in 2021, Regard’s technology has surfaced more than three million diagnoses to care teams and generated more than $50 million in incremental revenue for enterprise health system partners including Banner Health and Sentara. Most recently, the company announced a partnership with WakeMed Health & Hospitals, a leading health system in Raleigh, North Carolina.

“Imagine a doctor having all the EHR information they need about a patient, right in front of them, in just seconds. Regard is augmenting patient care by analyzing overwhelming mountains of clinical data and providing clinicians with potential diagnoses and treatment recommendations, impacting the quality and safety of care in real-time,” said Eli Ben-Joseph, CEO at Regard. “That’s a game-changer – not just for doctors, but for the people whose lives are in their hands.”

About Regard
Regard, the leading AI clinical insights platform, unlocks the full potential of patient data.  Regard’s clinical intelligence layer drives the future of healthcare by augmenting clinical workflows and turning data into actionable insights. The technology helps health systems get the most value out of their clinical data: improving patient care, saving physicians time, and rejuvenating hospital finances. Regard is carving a path forward for health systems and physicians to meaningfully leverage AI, with the goal of empowering physicians to provide world-class healthcare to everyone.

About Oak HC/FT
Oak HC/FT is a venture and growth equity firm specializing in investments in fintech and healthcare. Using partnership as a foundation, Oak HC/FT guides companies and founders at every stage, from seed to growth, to create businesses that make a measurable and lasting impact. Founded in 2014, Oak HC/FT has invested in over 85 portfolio companies and has over $5.3 billion in assets under management. Oak HC/FT is headquartered in Stamford, CT, with an office in San Francisco, CA. Follow Oak HC/FT on LinkedIn and X and learn more at https://www.oakhcft.com/.

Media contact:
Dori Young
[email protected]

SOURCE Regard

The award based on data analysis of specific KPIs was given to 250 of the top fintech firms from around the world

BOULDER, Colo. and NEW YORK, July 11, 2024 — TIFIN, an early mover and leading innovator in AI-powered fintech applications, has been honored as one of CNBC’s “The World’s Top Fintech Companies 2024” recipients. TIFIN is listed among 250 of the world’s top companies across wealth technology, payments, digital assets, neobanking, financial planning, and other categories. CNBC partnered with Statista to create the list based on the independent journalistic criteria of CNBC and Statista as well as “the analysis and weighting of overarching and segment-specific KPIs.¹“

The full list of winners can be found on cnbc.com:

https://www.cnbc.com/the-worlds-top-250-fintech-companies-2024/

For more information about TIFIN and its AI-powered fintech platform, please visit www.tifin.com.

¹ Award Methodology:

https://fm.cnbc.com/applications/cnbc.com/resources/editorialfiles/2024/07/08/CNBCs_Worlds_Top_FinTech_Companies_2024_-_Methodology.pdf

About TIFIN

TIFIN is an AI platform for wealth. TIFIN creates and operates companies that apply data science, AI, and technology to address frictions in wealth and asset management. TIFIN’s companies have included 55ip (sold to JP Morgan), Paralel and currently include Magnifi, TIFIN Wealth, TIFIN Give, TIFIN AG, TIFIN AMP, Sage, Helix, and TIFIN @Work. TIFIN has been backed by JP Morgan, Morningstar, Hamilton Lane, Franklin Templeton, and SEI among others.

Media Contacts

Michael Walsh

[email protected]

AJ Boury

[email protected]

The information contained herein should in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services. All content is for informational purposes only.

SOURCE TIFIN

SANTA CLARA, Calif., July 11, 2024 — Today, Buildots, an award-winning AI construction software company, announced a $15M investment led by Intel Capital with participation from OG Tech Partners and previous investors. In conjunction with the financing, Lisa Cohen, Investment Director at Intel Capital, will join as a board observer.

Innovation in the construction industry is essential for overcoming traditional inefficiencies and enhancing performance measurement strategies. Given the complexity, cost, and productivity challenges inherent in large-scale industrial and commercial construction projects, even minor errors can lead to schedule delays and budget discrepancies. Embracing new, innovative digital technologies can help address these challenges, fostering more efficient and effective construction management.

“Intel Capital has recognized that the construction industry, a fundamental pillar of the global economy, has not yet fully benefited from the digital age,” said Roy Danon, co-founder and CEO of Buildots. “Over the past five years, Buildots has been at the forefront of integrating AI-powered progress tracking and advanced analytics software into this multi-trillion dollar industry, driving a transformative shift towards performance-driven construction management. We are proud to work with Intel Capital to propel large-scale construction into a more efficient and controlled future, taking out the guesswork and providing decision-makers with comprehensive and precise oversight.”

Buildots is transforming the reality of construction with a performance-driven approach that measures individual tasks, dramatically increasing overall efficiency, and lessening costs, while reducing delays by up to 50%. By utilizing objective site data, as opposed to subjective self-reporting, Buildots’ technology automates the precise status of every task on a construction project, offering accurate progress tracking and performance metrics that can be used to anticipate and mitigate risks before they escalate.

“As we invest in a resilient global supply chain for semiconductors, Intel undertakes some of the largest and most complex construction projects in the world. That first-hand experience is why we see so much potential for AI technology to revolutionize construction process management and drive new efficiencies,” said Lisa Cohen, Investment Director at Intel Capital. “Buildots’ visionary outlook and ability to apply AI-powered predictive analytics to increase construction efficiencies will enable a more productive future for the global construction market.”

This funding brings the company’s total financing to $121 million as Buildots continues developing technology enhancements for its core construction management platform and fuels its growth.

This financing is one of the many milestones Buildots has accomplished this year including the launch of its AI-driven Delay Forecast feature. Buildots is partnering with major construction companies and owners worldwide, enhancing project completion speed through improved collaboration, transparency, and accountability in the project management process.

About Buildots

Buildots is a global construction technology leader bringing the power of AI and computer vision to automate on-site progress tracking. The platform provides construction teams with accurate data and previously unavailable predictive performance metrics, empowering them to make data-driven decisions. Buildots’ platform improves project visibility and efficiency, leading to reduced delays, enhanced error detection, and successful delivery of projects. Buildots is helping increase efficiencies of large-scale construction projects across North America, the UK and EMEA.

Photo: https://mma.prnewswire.com/media/2458278/Buildots.jpg

Media Contact:
[email protected]

SOURCE Buildots

Highlight by Medal offers developers an improved way to build custom solutions on top of existing AI models, while providing users access to a larger ecosystem of AI features

NEW YORK, July 11, 2024 — Medal, the innovative AI company behind the popular MedalTV clipping app, today announced the launch of Highlight, its groundbreaking AI assistant platform designed to fundamentally alter how users interact with popular AI models. Medal also announced a $13 million funding round from Horizons Ventures, OMERS Ventures, peak6, and Arcadia Investments, valuing the company at $333 million post-money.

Founded by the team that created MedalTV, which boasts over 1 million daily active users, Highlight is positioning itself as the next evolution in operating systems. The company’s new platform, described as a “capture-based interface and runtime for assistants,” aims to make AI accessible to billions of users by eliminating the need for complex prompting.

Key features of Highlight’s platform include:

• Seamless integration with Windows and MacOS
• Ability to publish web apps as natively running assistants in under a minute
• Contextual capture technology for enhanced AI interactions
• Streamlined cross-platform desktop app development

“Capture is the next OS,” said Pim de Witte, CEO and co-founder of Highlight. “We’re removing barriers between users and AI, making it as simple as clicking a button or asking a question. Our vision is to become the routing layer for all tasks on the OS, connecting users with assistants, models, interfaces, and even other people.”

The company’s impressive team includes Medal co-founders Pim de Witte and Josh Lipson, along with other top industry talent. With its latest funding, Highlight plans to accelerate development and expand its user base, aiming to become the fastest-growing AI assistant on desktop within a year.

Highlight’s innovative approach to AI accessibility and its strong foundation in the consumer space position it as a potential game-changer in the evolving landscape of human-computer interaction.

How it works
Highlight is built on Medal’s industry-leading screen capture and process detection layer technology, which is currently used by more than four million gamers per month. Available for Windows and Mac, Highlight continuously captures — but doesn’t store — what’s on a computer screen locally and allows individuals to choose from various AI apps including ChatGPT, Perplexity, Claude, and others to meet specific needs—becoming a robust, native AI assistant on the desktop, while prioritizing user privacy through opt-in requirements.

Along with the launch, Highlight is rolling out its own custom-built, open APIs that provide AI solutions for a variety of tasks—including meeting transcriptions and the identification of action items in all of a user’s online interactions. Additional custom Highlight apps will be launched in the near future.

Creating an open-ecosystem for developers while maintaining privacy for consumers
Capture technology is set to become the operating system of the future. However, if developments continue on their current course, this capture technology layer will be controlled by Big Tech, who are notoriously tightly guarded about AI developments and the data they use to train their LLMs. Big Tech seeks to lock users in a walled-garden and retain their data for their own purposes.

Because Highlight is platform agnostic, it democratizes the AI model landscape and encourages consumers to use more than just ChatGPT or Microsoft Copilot—helping promote market competition. Through Highlight’s APIs, developers will be able to build native, context-aware assistants and create custom models that learn—offering a less-monopolizing approach than current competitors.

Unlike competitors who utilize your data to improve a model, privacy is at the forefront of Highlight’s approach. Highlight operates on a local model. If parameters are small enough, they run on an individual’s device without touching the internet, thereby protecting the user’s data. Highlight also gives users and developers maximum control of their data, allowing them to choose where to send their data. Nothing leaves a user’s screen unless permission is granted.

Developers welcome
To build Highlight’s ecosystem further, the company is extending grants of up to $30,000 for developers, who would also be given access to the Highlight team, as well as office space at the company’s New York office. Those interested can apply HERE.

Highlight is officially available for download. To learn more, visit https://www.highlight.ing/

About Medal.tv
Medal.tv is the largest platform for sharing short-form gaming content. Founded in 2018 by game developers trying to draw attention to the game they developed, Medal today is a platform used by millions of gamers to share exciting gaming moments with friends. With the help of several acquisitions, including Middle Eastern game streaming platform Rawa.tv and mobile SDK startup Megacool.co., and Gif Your Game. Medal has been able to expand globally and offer its unique clipping technology across PC, console and mobile. The company has grown to more than 60 employees. For more information, please visit medal.tv.

SOURCE Medal.tv