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Smartcat secures $43M for its AI-powered translation platform


Smartcat, a Boston-based startup providing AI-powered translation services, has raised $43 million in a funding round.

Smartcat, founded in 2016, is among the vendors providing automated translation tools geared toward enterprises, and its co-founder and CEO, Ivan Smolnikov, says business is good. Form3, a startup building tools to connect financial players with each other to enable account payments, has it raised $60 million to continue expanding its business. The lack of climate announcement’s at Apple’s annual event shows just how hard meaningful progress on carbon emissions can be, even for one of the world’s most valuable companies.

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