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Social gaming platform Rec Room scores $20 million Series C

TechCrunch

Social gaming platform Rec Room has scored some new funding as it aims to bring its once VR-centric world to every major gaming platform out there. The platform has been around for years serving as a social hub and gaming platform for virtual reality users. They’ve raised just shy of $50 million to date.

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Banking giant Truist acquires fintech startup Long Game in effort to reach younger demographic

TechCrunch

Truist — one of the nation’s largest financial institutions — has acquired Long Game , a 12-person fintech startup that has raised over $20 million in venture capital, executives have told TechCrunch exclusively. It’s a true game, as we are really using game dynamics to drive financial literacy.

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Foursquare founder banks funding for mystery 3D social network startup

TechCrunch

CEO Miesnieks says the team is largely interested in building out a network that exists only on the web and mobile web, potentially sidestepping app stores and their associated fees, but that he’s not looking to build out another augmented reality startup or compete with mapping players like Niantic or Snap.

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How the world can tackle the power demands of artificial intelligence

CIO

But pioneering technologists are working on a potential game changer that goes some way to address these issues: photonics. Mabrucco first explained that AI will put exponentially higher demands on networks to move large data sets. John Gallant, CIO.coms Enterprise Consulting Director and Vito Mabrucco, NTT Corp.

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How Deepgram Works

Regardless of whether you are evaluating Automatic Speech Recognition (ASR) solutions to get more value out of your call center data, build the next game-changing voice feature, or are just looking to save a lot of money on speech transcription, Deepgram is the platform to get you there. Overview of Deepgram's Deep Neural Network.

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TechCrunch+ roundup: Fundraising beyond the Bay Area, web3 gaming, TDD prep checklist

TechCrunch

Cities like Boulder, Detroit and Austin had emerging tech ecosystems long before the pandemic forced VCs to start taking pitches via Zoom, and social media has leveled the playing field when it comes to networking and PR. 5 tips for launching in a crowded web3 gaming market. 5 tips for launching in a crowded web3 gaming market.

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Believer, a new approach to gaming, raises $55M from Lightspeed, A16Z, and more

TechCrunch

Gaming is at a crossroads these days: a decades-old business that has had remarkable staying power banked around classic concepts is now engaged in a battle royale with innovations in areas like mixed reality, AI, blockchain, and networking, as it strives to connect with an increasingly fragmented consumer base.

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