The Four Cities Fund, Samsung Next, SV Angel, Precursor Ventures, The Mini Fund, Newtype Ventures, Patron, and The Points Guy creator Brian Kelly all participated in the funding round.

Kudos, an app and browser extension, was founded in 2001 by a group with prior expertise at Google, PayPal, and Affirm. It functions as a smart wallet assistant by suggesting or choosing the best credit card for customers to use when making payments in order to optimize rewards and cash back.

Recently, the company introduced a number of new features: Dream Wallet, which suggests cards to members based on their spending patterns; MariaGPT, an AI-powered card discovery tool with over 3000 cards in its database; and Kudos Boost, which offers personalized rewards across over 15,000 partner brands, such as Walmart and Sephora.

Since its initial fundraising round, Kudos has raised its annualized checkout Gross Merchandise Value to $200 million and expanded to over 200,000 registered users.

It intends to use the additional funds to develop MariaGPT into a comprehensive personal finance assistant, introduce an AI-powered hub offering expenditure optimization insights, and create a gateway that lets users book flights using points.

As consumers budgets, various credit cards, and sometimes complex rewards programs, they want to know they’re receiving the best value for their money, according to Tikue Anazodo, CEO of Kudos. With just one user-friendly app and extension, Kudos streamlines everything.”

At the 2024 International Trademark Association Annual Meeting, a premier worldwide source of transformational intelligence, unveiled Trademark Watch Analyzer’s first publicly accessible edition today. This solution combines in-house IP knowledge, state-of-the-art AI technology, and Clarivate global trademark and case law data to provide the next generation of trademark protection, enhanced by artificial intelligence (AI) and cloud technology. By automating crucial trademark monitoring operations and wisely choosing result sets, it will deliver quicker and more accurate responses to important business problems.

Users can access data from over 7 million trademark litigation cases and trademark datasets from 191 official trademark registers in 258 countries and territories by using Trademark Watch Analyzer. Through the use of AI algorithms that query, connect, and mine both databases to provide enhanced insights into supported watch products, this content is harmonized and connected. By allowing clients to rank findings according to their likelihood of success or opposition, this completely changes the way trademark watch results are presented.

According to Gordon Samson, President of Clarivate’s Intellectual Property, “Trademark professionals face challenges including more data, less context, and shorter deadlines as the global business landscape grows more complex.” “Our cutting-edge AI-driven technology saves time, money, and vital resources while empowering clients to confidently monitor their trademarks anywhere in the globe with automated alerts and global monitoring. The Trademark Watch Analyzer’s release is the most recent manifestation of our Think forwardTM pledge, which links customers to reliable information to guarantee an IP-powered future.”

Clients will be able to deal with their results with much greater ease because to Trademark Watch Analyzer’s more user-friendly design and interface. With a more unified user experience across the Clarivate product suite, the navigation will be built on the same architecture as the Brand Landscape Analyzer, which will arrive in 2023.

Announcing the release of their AI product, “Elite Global AI,” is Vwakpor Efuetanu, the chairman of Elite Global Intelligence Technologies.

In order to provide young people with the information and abilities they need to prosper in an AI-driven society, the AI product is scheduled for a complete launch in June.

A statement by Efuetanu noted that by fostering accessibility, relatability, and financial empowerment, the brand aims to create meaningful opportunities for individuals to succeed in the evolving landscape of technology.

He stated that the company is ready to invest in artificial intelligence (AI) and that young people and professionals will have access to tools through the product that will improve their performance and productivity in business, education, and the workplace through self-development programs, artificial intelligence, and vocational and skill learning.

It is intended to completely transform Africa’s innovation and opportunity environments. Elite Global AI’s latest offering, which is dedicated to democratizing AI access and promoting socioeconomic development, is a significant step towards elevating Africa to the forefront of global AI innovation.

Using artificial intelligence to its full potential, this ground-breaking product has the potential to unlock young people’s unrealized potential for inclusive development and economic prosperity while also tackling some of the continent’s most urgent issues, like unemployment and a shortage of skilled labor. Innovative solutions for career development, job skill acquisition, workplace assistant tools, and productivity enhancement are all provided by Elite Global AI’s offering.

“By making AI technology more widely accessible, it will enable African communities to harness the potential of innovation and effect positive change. He stated that the organization is providing people with the information and abilities necessary to prosper in an AI-driven society through training programs, workshops, and educational initiatives.

Speaking about the launch, Elite Global AI’s Brand and Strategy Director, Emmanuel Agida, claimed that the product’s cutting-edge capabilities, moral foundation, and cooperative spirit may change people’s lives, strengthen communities, and open up new avenues for advancement and prosperity.

“We are very thrilled to launch our latest artificial intelligence product, marking a noteworthy achievement in our endeavor to promote socioeconomic development throughout Africa and democratize access to AI technology.”

Over 10,000 young children in Nigeria are to receive AI literacy training from the group in the upcoming weeks and months. The company has already trained over 1,000 students, and in order to realize this ambition, it will collaborate with educational institutions, governmental bodies, and other significant stakeholders,” he continued.