Hot Startups: Latest News And Updates On Daily Roundup
AI Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Artificial Intelligence, Machine Learning, Robotic Process Automation, Fintech, and human-system interactions. We will cover the role of AI Daily Roundup and its application in various industries and daily lives.
Mettalex Launches World’s First Decentralized Exchange for Commodities Trading, Integrates Top Provider of Metal Market Intelligence, Davis Index
Mettalex, founded by Fetch.ai CEO and early DeepMind investor Humayun Sheikh, has announced the launch of its decentralized exchange for commodities trading, setting a milestone as the first of its kind in the world. Javelin Global Commodities, a leading trading firm of bulk commodities, will be among the first clients to use Mettalex’s platform to manage risk on commodities exposure. Being blockchain-agnostic, Mettalex is launching on both Ethereum and Binance Smart Chain. The exchange incorporates Fetch.ai technology and enables traders to take leveraged long or short positions against a number of commodities including Lithium Carbonate, Steel Recyclables, Zinc, Iron Ore, Natural Gas and spreads BTC/Gold and sCEX/sDEFI. All of these are unique markets in the decentralized finance (DeFi) space.
Leading employee experience platform, Socrates.ai, shared details of its escalating market momentum. Delivering one seamless digital conversation destination for anything the workforce wants to ask or do – from personalized information about equipment updates and device management to uncomfortable inquiries about dress code or possible harassment – Socrates can integrate knowledge from all enterprise applications, including HR, IT, payroll and shared service centers. By leveraging existing applications, Socrates provides vendor-neutral, “ready now” value to both employers and employees.
Sify Technologies Limited, headquartered in Chennai, India, India’s most comprehensive ICT solutions provider with global service capabilities spanning Networks, Data Centers, Cloud, Applications Management, Managed services, and Systems integration announced that it has bagged two awards; one for Talent Management and another for Excellence in Learning and Development at the Global HR Excellence Awards 2021. Beating off tough competition from over 100 companies at the World HRD Congress, the award recognized Sify’s endeavours in reinventing the hiring, training, and reskilling their employee community to support the changing dynamics of the Enterprise world through this particularly challenging period.
Today PayScale, the industry leader in compensation data and technology, and Payfactors, a leading compensation data management company with deep industry expertise, announced that they have merged. Together, the combined company will become one of the largest providers of its kind in North America to help job seekers, employees and businesses get pay right. Both companies have built deep relationships with organizations and individuals by helping people navigate the increasingly complex compensation landscape. The addition of Payfactors will make it possible to offer customers the most comprehensive set of integrated data, software, services and support available to get compensation right under any market condition.
Pliops Closes $65 Million Funding Round to Skyrocket Data Center Efficiency, Starts Countdown to Product Launch
Technology innovator Pliops announced that it has closed a $65 million oversubscribed funding round, led by Koch Disruptive Technologies (KDT). All current investors, including State of Mind Ventures (SOMV), Viola Ventures, Intel Capital, SoftBank Ventures Asia, Expon Capital, Western Digital, Xilinx, and Sweetwood Capital participated, with NVIDIA increasing its share. This news positions Pliops for its goal: delivering game-changing value for enterprise and cloud customers.