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đź–Ą This Week's Biggest Funding Rounds: Smaller Deals Amid Election Week

Due to election-related news overshadowing funding announcements, only a few sizable U.S. rounds occurred this week, led by Physical Intelligence’s impressive $400M round for AI-driven robotics. Other notable deals included Precision Neuroscience’s $93M Series C and AmplifyBio’s $50M biotech investment.

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đź–Ą This Week's Biggest Funding Rounds: Smaller Deals Amid Election Week

Due to election-related news overshadowing funding announcements, only a few sizable U.S. rounds occurred this week, led by Physical Intelligence’s impressive $400M round for AI-driven robotics. Other notable deals included Precision Neuroscience’s $93M Series C and AmplifyBio’s $50M biotech investment.

đź”— Source

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Given the pro-privacy stance of the platform, it’s taken as a given that it’ll be used for a number of reasons, not all of them good. And Telegram has been attached to a fair few scandals related to terrorism, sexual exploitation and crime. Back in 2015, Vox described Telegram as “ISIS’ app of choice,” saying that the platform’s real use is the ability to use channels to distribute material to large groups at once. Telegram has acted to remove public channels affiliated with terrorism, but Pavel Durov reiterated that he had no business snooping on private conversations. The perpetrators use various names to carry out the investment scams. They may also impersonate or clone licensed capital market intermediaries by using the names, logos, credentials, websites and other details of the legitimate entities to promote the illegal schemes. "The result is on this photo: fiery 'greetings' to the invaders," the Security Service of Ukraine wrote alongside a photo showing several military vehicles among plumes of black smoke. Anastasia Vlasova/Getty Images Two days after Russia invaded Ukraine, an account on the Telegram messaging platform posing as President Volodymyr Zelenskiy urged his armed forces to surrender.
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