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'DeFi hedge fund' outperforms the market leveraging AI, expands offering

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When asked about wealth inequality, few can say they clearly understand how severe this gap is. For a more precise visual, consider that Elon Musk, reportedly the richest man on Earth, has a network that exceeds the gross domestic products (GDPs) of countries like Portugal, Pakistan and Finland. According to the UN, even a small fraction of his wealth, $6 billion, would save at the very least 42 million people who are on the brink of starvation. Although Musk is just one example, his wealth indicates one thing, a very extreme wealth gap that currently exists, leading many to wonder about the reasons for this. For one, the aphorism "the rich get richer, and the poor get poorer" often comes to mind.


LegalVision raises 4.2 million Series B round to expand offering around Australia and explore machine learning - Startup Daily

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Sydney legal startup LegalVision announced today that it has secured 4.2 million in a Series B round to continue its growth in the Australian online legal market. The funding round was led by commercial law firm Gilbert Tobin, who previously made a strategic investment into LegalVision last November. LegalVision delivers legal services through a tech-driven business model, helping businesses around Australia access quality resources by providing startups and SMBs with access to more than 3,000 legal articles and 40 free legal documents. In just over three years the startup reports that it has assisted more than 15,000 business around the country. CEO of LegalVision, Lachlan McKnight said the backing of Gilbert Tobin and the latest round of funding is validation of the startup's goal and progress to date.