<div>
  <ul>
    <li>
      <p>
        Kansas-based sustainable nutrition company Strive Nutrition has partnered with Perfect Day, the California-based animal-free dairy startup and precision fermentation leader, to launch a new range of milk alternatives blended with Perfect Day&rsquo;s animal-free whey protein.
      </p>
    </li>
    <li>
      <p>
        The lead products of the range will be Strive FREEMILK Whole and Chocolate. They will also offer Strive Oat and Strive Almond options, all of which contain 10 grams of Perfect Day animal-free whey per serving. The company claims its FREEMILK will offer 25% more protein and 75% less sugar as well as lower amounts of saturated fat than conventional cow's milk.
      </p>
    </li>
    <li>
      <p>
        The new product line will be available from July via online and selected retailers, which will be announced soon.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.prnewswire.com/news-releases/strive-nutrition-launches-the-first-full-line-of-sustainable-milk-alternatives-enriched-with-perfect-day-animal-free-whey-protein-301559763.html">
      Press Release
    </a>
  </p>
  <p>
    <a href="https://www.greenqueen.com.hk/strive-nutrition-blends-plants-and-perfect-day-precision-fermentation-milk/">
      Green Queen
    </a>
  </p>
</div>


Plant-based Dairy & Egg

Strive Nutrition partners with Perfect Day for new line of sustainable milk

Automation and robotics are finally creating solutions for the complexities of doorstep deliveries.

Last-mile Delivery Automation

ANALYST_QUICK_TAKE

<div>
 <p>Delivery service company Serve Robotics has initiated a public offering, planning to sell 10 million shares at $4 each. The goal is to generate $40 million before expenses. Postmates, a segment of Uber, is a significant shareholder in this offering.</p> 
 <p>Serve intends to allocate the raised funds towards the advancement of research and development for new robot models, broadening its manufacturing capacity, looking into potential new geographic markets, and bolstering general corporate finances. </p>
 <p>Starting from April 18, 2024, Serve's common stock will be available for trading on the Nasdaq Capital Market under the ticker "SERV". This signifies a shift from its previous listing on the <a href="https://sp-edge.com/updates/27380"> OTCQB Venture Market </a> under the ticker "SBOT".</p>
 </div> <p><b>Analyst QuickTake:<br>
</b> Serve Robotics debuted on the OTCQB Venture Market in March 2024, and announced plans for a <a href="https:<br>
//sp-edge.com/updates/27442"> Nasdaq uplisting </a> soon after. With this listing, Serve Robotics became the only droid maker in the Last-mile Delivery Automation space to go public.</p>

Serve Robotics announces USD 40 million public offering and uplisting on Nasdaq

Empowering efficiency, visibility and collaboration throughout supply networks

Supply Chain Tech

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 <p>o9 Solutions has broadened its collaboration with Microsoft in order to incorporate Azure OpenAI Service into its Digital Brain platform. The main objective is to enhance enterprise supply chain planning. </p>
 <p>The partnership’s goal is to take advantage of Azure OpenAI Service's capabilities and o9’s Digital Brain for the purpose of digitizing and linking "tribal knowledge" from different sources such as emails, Word documents, PowerPoint presentations, chat systems, and so on. As a result of this integration, capabilities such as content generation, summarization, image comprehension, semantic search, and language-to-code translation will be enhanced to transform data into valuable insights, thereby speeding up decision-making and planning processes. In the long run, the system is anticipated to advance its query responses and deliver more sophisticated insights, promoting more efficient work processes. </p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> o9 Solutions has been leveraging partnerships with Big Tech companies to enhance its supply chain planning offerings. In February 2024, the company <a href="https:<br>
//sp-edge.com/updates/26370"> broadened its partnership </a> with AWS to support digital transformation in large enterprises. The company had previously collaborated with AWS to deploy its Digital Brain platform on AWS for various client industries.</p>

o9 Solutions expands partnership with Microsoft Azure OpenAI to optimize enterprise supply chain planning

Metaverse Experience Platforms

<div>
<p>Yuga Labs has sold two gaming properties and their NFT collections, HV-MTL and Legends of the Mara, to Web3 gaming studio Faraway, allowing them to focus on their games, Otherside and Dookey Dash. HV-MTL Forge and Legends of the Mara are both games in which user interactions are facilitated by NFTs. Faraway will also employ Spencer Tucker, Yuga Labs' chief gaming officer, as its CPO to ensure seamless operations moving forward.</p>
</div> <p><b>Analyst QuickTake:<br>
</b> The news aligns with Yuga Labs' focus on its Otherside metaverse, having <a href="https:<br>
//sp-edge.com/updates/27182"> recently </a> hosted an event for NFT owners on the platform. On an M&amp;A front, the company acquired Proof, creator of the Moonbirds NFT collection ( <a href="https:<br>
//sp-edge.com/updates/26694"> February 2024 </a> ), and music metaverse platform Roar Studios ( <a href="https:<br>
//sp-edge.com/updates/20557"> July 2023 </a> ) to integrate them into its Otherside platform.</p>

Yuga Labs sells two gaming IPs to Faraway to streamline Otherside metaverse focus

Distributed workforces require new solutions for office operations, HR, payment, and more.

Remote Work Infrastructure

<div>
 <p>Rippling, an employee management platform, is negotiating to raise funds in a Series F round, which might total to USD 870 million, including a secondary investment of USD 670 million. Notable investors in this round consist of Founders Fund, led by Napoleon Ta, and Coatue, with participation from Greenoaks.</p>
 <p>The company has not formally announced how it intends to use the funds. However, its recent rapid growth, as demonstrated by the leasing of a large office space in San Francisco, suggests the money could be used for further expansion.</p>
</div>

Rippling to raise USD 200 million in Series F funding for expansion

Disrupting the traditional financial system using blockchain

Decentralized Finance (DeFi)

<div>
 
 <p>AtomiqDeFi, a platform that offers DeFi services, has successfully secured a seed funding of USD 3 million. This funding round was spearheaded by X21 Digital and saw participation from other entities such as NXGen, Dutch Crypto Investors (DCI Capital), Spicy Capital, Altcoin Buzz, and AlphaBit fund. Apparently, this successful round of fundraising has significantly contributed to the company's total funds, raising it to USD 4.5 million.</p>
 <p>The enterprise has announced plans to use the funds for the enhancement and development of its product offerings. Additionally, it also looks forward to forging new partnerships with layer-1 launchpads.</p>
 <p>AtomiqDeFi provides a comprehensive suite of DeFi products and services, all built upon MintLayer, a Bitcoin Layer-2 protocol. The following features are included in its offerings: 1) a decentralized exchange that uses Atomic swaps to allow users to trade Mintlayer-based tokens and BTC directly from their wallets; 2) a token launchpad that enables users to introduce new tokens within the ecosystem; 3) a DeFi wallet that supports numerous cryptocurrencies and blockchains; 4) a cross-chain bridge enabling users to swap tokens between Ethereum virtual machine (EVM) compatible blockchains.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> This news adds to a growing trend of Bitcoin layer-2 projects exploring the use of smart contracts to expand the functionality of Bitcoin. The space has also seen recent interest from investors over the last few months, with startups such as <a href="https:<br>
//sp-edge.com/companies/3510832"> OrangeDX </a> , <a href="https:<br>
//sp-edge.com/companies/606656"> Portal </a> , and <a href="https:<br>
//sp-edge.com/updates/25486"> Bitfinity </a> , raising <a href="https:<br>
//sp-edge.com/updates/27699"> USD 1.5 million </a> , <a href="https:<br>
//sp-edge.com/updates/26200"> USD 34 million </a> , and <a href="https:<br>
//sp-edge.com/companies/3408375"> USD 7 million </a> , respectively, and <a href="https:<br>
//sp-edge.com/companies/1930376"> BabylonChain </a> and <a href="https:<br>
//sp-edge.com/companies/3480652"> BounceBit </a> securing an undisclosed investment from Binance. Notably, these developments also coincide with the approval of a number of spot Bitcoin ETFs in January and the subsequent rise in the spot price of Bitcoin <a href="https:<br>
//finance.yahoo.com/news/bitcoin-breaks-time-high-69-153016833.html"> above its previous all-time high </a> early last month.</p>

AtomiqDeFi raises USD 3 million in seed funding

Empowering Tomorrow's Innovations with Generative AI Infrastructure

Generative AI Infrastructure

<div>

 <p>AMD has launched two new PC processors, the Ryzen Pro 8040 Series and the Ryzen Pro 8000 Series, which are intended for business usage. They have been designed to bring artificial intelligence (AI) processing power to both laptop and desktop machines.</p>

 <p>The distinctive feature of these chips is a dedicated neural processing unit for AI-specific tasks like image generation and chatbot functionalities. Built with TSMC’s 4-nanometer manufacturing process, these chips have a high density of transistors. The Ryzen Pro 8000 series chips are designed for desktops, while the Ryzen Pro 8040 series is for laptops.</p>

 <p>AMD believes these state-of-the-art chips will enable businesses to implement AI technologies directly on their PCs, keeping data on-site for privacy reasons rather than on the internet. Furthermore, AMD proposes that these new Ryzen AI Pro chips can improve productivity by providing enhanced processing for features that boost productivity on PCs.</p>

</div> <p><b>Analyst QuickTake:<br>
</b> This launch builds on AMD's efforts, including its recent <a href="https:<br>
//sp-edge.com/updates/28300"> partnership </a> with Arena AI to challenge Intel’s chips across various CPU benchmarks. Furthermore, these chip introductions come on the heels of other hardware infrastructure companies like NVIDIA and Radxa launching AI-focused chips and system-on-modules.</p>

AMD announces business-focused PC chips with AI processing capabilities

<div>

 <p>Embedded computing specialist, Radxa, has unveiled a system-on-module (SOM) branded AICore SG2300x. This product, aimed at Edge AI projects, has the potential to run substantial GenAI models.</p>
 
 <p>AICore SG2300x has been constructed on the SOPHON SG2300x system-on-chip, featuring eight Arm Cortex-A53 processor cores. The product boasts a collection of key features including a tensor processing unit professed to have a capacity of 32 tera-operations per second, as well as a considerable 16 GB LPDDR4X RAM and 64 GB eMMC storage module. Other additional elements encompass a PCI Express 3.0 four-lane root complex and the capability for hardware decoding for video channels.</p>
 
 <p>The company asserts that the AICore SG2300x enables users to operate popular GenAI models directly on the device. They further underscore the module's ability to support an array of machine-learning frameworks including TensorFlow and PyTorch. In line with this, Radxa has intentions to release an open-source carrier board design and a design guide for customers interested in building their own.</p>

</div>

Radxa launches AICore SG2300x for powering future Edge AI projects

<div>

 <p>NVIDIA has introduced the RTX A400 and A1000 GPUs, aimed at increasing the availability of GenAI tools to more people. The A1000 is already available for purchase, with the A400 expected to be released in summer 2024.</p>
 <p>The A400 GPU utilizes 24 Tensor Cores for AI processing and features four display outputs. This makes it ideal for industries that require high-density display environments, such as retail and financial services. On the other hand, the A1000 is equipped with 72 Tensor Cores and 18 RT Cores. It is touted as offering GenAI processing speeds three times faster than its predecessors and accelerated graphics and rendering tasks while only requiring a modest 50 W of power.</p>
 <p>These enhancements now make it possible for professionals to access workflows involving complex AI processes and ray-traced renders. This enables them to stretch the boundaries of their work with impressive levels of realism.&nbsp;</p>

</div>

NVIDIA launches RTX A400 and A1000 GPUs with enhanced AI capabilities

<div>
 <p>Amazon Bedrock is partnering with Anthropic, universally supporting Anthropic's Claude 3 AI model (Opus, Sonnet, and Haiku). This addition to Bedrock allows users to build and implement GenAI applications, fitting Amazon's three-tier strategy for AI, which includes providing tools for developers and creating AI applications for end-users.</p>
 <p>Under the partnership, Anthropic uses AWS as its main cloud provider and plans to offer future versions of its foundation models on Bedrock. Amazon believes this collaboration will enhance customer experience by advancing GenAI technology.</p>
</div>

Amazon Bedrock incorporates all versions of Anthropic’s Claude 3 AI model to improve GenAI capabilities

New technology allows individuals and organizations to become carbon intelligent

Carbon Management Software

<div>

 <p>Cozero, a B2B carbon intelligence software provider based in Germany, has raised EUR 6.5 million (USD 6.9 million) in a Series A funding round. Kvanted Ventures and ENV were the co-leads of this round, with additional participation from NewAlpha Asset Management and various business angels.</p>

 <p>The funds raised through this round will be mainly used by the company to fuel its international expansion and to further develop its Climate ERP solution.</p>
 
 <p>Established in 2020, Cozero offers a Climate Action Platform which assists companies in tracking, reducing, and reporting their carbon emissions. Through this solution, over 70 companies have been able to marry their environmental progress with their business objectives. Companies that employ the solution include key players such as Maersk, Mammut, Nippon Express Europe (NX Group), Funke, and Vodafone.</p>

</div>

All Updates