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.
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.
He floated the idea of restricting the use of Telegram in Ukraine and Russia, a suggestion that was met with fierce opposition from users. Shortly after, Durov backed off the idea. The regulator said it has been undertaking several campaigns to educate the investors to be vigilant while taking investment decisions based on stock tips. On December 23rd, 2020, Pavel Durov posted to his channel that the company would need to start generating revenue. In early 2021, he added that any advertising on the platform would not use user data for targeting, and that it would be focused on “large one-to-many channels.” He pledged that ads would be “non-intrusive” and that most users would simply not notice any change. On Telegram’s website, it says that Pavel Durov “supports Telegram financially and ideologically while Nikolai (Duvov)’s input is technological.” Currently, the Telegram team is based in Dubai, having moved around from Berlin, London and Singapore after departing Russia. Meanwhile, the company which owns Telegram is registered in the British Virgin Islands. Telegram was founded in 2013 by two Russian brothers, Nikolai and Pavel Durov.
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