Humans, one of the most famous Romanian deep tech start-ups, announced the drawing of a 9 million dollars financing through the private sale of cryptocurrency. Among the main investors are the entrepreneur Razvan Munteanu, one of the most active investors in the blockchain area and Elrond Research, the investment arm of the most respected blockchain companies in the world, the company informs. The announcement comes shortly after the company announced the launch of a world-leading technology called Proof-of-Human. It validates that there is a person behind every decision of the AI and uses blockchain technology to encapsulate each AI in an NFT (token non-fungible), thus providing an interface of management and governance for that AI. It can be said that behind the Humans AI there will always be a validation that comes, literally, from the heart. “Our plan is to continue our investment in innovation so that we can allow anyone to create anything they can imagine, without any constraints on time, space, budget or skills, combining blockchain technology and Artificial Intelligence (AI). We will do everything based on governance and transparency for all AI models generated on the humans.ai platform ", said Sabin Dima, CEO of Humans. Humans is a platform that integrates data and technology to generate unique AI models and use them as an API (application programming interface) by the business community. Thus, technology allows application developers to use AI models by paying rights fairly to both those who provide technology and data. "At the intersection of artificial intelligence and blockchain technology there is an enormous universe of opportunities. We are pleased to support the Humans initiative to create technologies and products that will expand people's ability to express themselves, cooperate and trade creatively,” said Beniamin Mincu, CEO of Elrond. The initial focus of the Humans platform is synthetic media, which allows the creation of the voice, image, and gestures of people, without the need for a physical presence called digital DNA. Starting from this digital DNA, audio and video content can be created from scratch with the help of artificial intelligence. For example, your audiobook can be narrated by your favorite actor, or a video production can be created very simply without the help of an entire team of cameraman, video editor or presenter. “Production studios, ad agencies and any content creator can access licensed Digital Genome, create rich media and automate personalized output in one place. Innovators can publish and monetize their A.I. technologies in a ready to sell environment that handles data management, integration, and the sales process. Anyone can license and monetize their digital likeness, voice, gestures, dance moves or any other skill and content creators can use any combination to create synthetic actors and highly personalized media assets,” Dima added. About Humans Humans is a Romanian deep-tech startup, which develops an innovative technology through which it creates unique AI models with an initial focus on the generation and manipulation of digital DNA, generating synthetic media. Humans has an ultra-specialized team of computer vision doctoral programmers, international Olympics, and software veterans. Investors include Razvan Munteanu, Elrond Research and the Early Game Ventures investment fund.
Romania sent 1,700 tonnes of honey to countries outside of the EU in 2023, which makes it the European Union’s third-largest honey exporter after Spain (7,100 tonnes) and Germany (5,500 tonnes), according to recent data from Eurostat. Last year, EU member states imported 163,700 tonnes of natural honey from extra-EU countries, worth EUR 359.3 million....
Braşov Court of Appeal in Romania, which handles the case of fugitive businessman Paul Philippe of Romania, notified the Court of Justice of the European Union about Malta's extradition refusal, according to B1 TV station. Paul Phillipe has a final 40-month jail sentence to serve in Romania...
The clothing retailer H&M registered a business of RON 1.32 billion (EUR 264 million) last year in Romania, up 35% from the RON 976 million in 2022. It is the second time that the Romanian branch of the clothing retailer exceeded the RON 1 billion threshold, Economica.net reported. The last time this happened was in […]
The Romanian competition body Consiliul Concurentei authorized the transaction by which Abatorul Periș, the largest pig and pork processor in the southeast of Romania, takes over three regional meat processing and marketing units owned by the local entrepreneur Alin Zamfira through the Cathedral Group. The target companies are Almado Total Distribution, Cathedral Distribution, and Policalita,
The pretzel and viennoiserie chain LUCA, which reached over 140 units in Romania, is launching in Poland, with the first store to be opened in downtown Warsaw. This is the first Romanian chain of this kind to expand abroad after the Romanian cafes ‘5 to go’ and the restaurant chain Salad Box launched on foreign […]
OMV Petrom (BVB: SNP) announced it commissioned a new crude oil tank, the largest in Romania, on the Petrobrazi refinery platform “to ensure the smooth operation of the refinery in safe conditions and to ensure the fuel stocks necessary to supply the market in Romania and the region.” “The [green] transition will not happen overnight, […]
