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GoalBased Investors Raises $2 75 Million to Democratize Access to Financial Planning and Advice

Share this article Share this article NEW YORK, April 22, 2021 /PRNewswire/ GoalBased Investors (GBI), a digital platform that democratizes access to goal-based financial planning and advice, has raised $2.75 million in a seed funding round led by Silicon Valley venture firm True Ventures, with participation from The Venture Collective (TVC). The company is on a mission to create a better, easier financial planning experience that helps anyone, regardless of financial literacy, achieve their goals. GBI was founded by a team with deep roots in financial services and technology. Their firsthand experience with people lacking in financial preparedness yet looking to reach financial goals for life s big milestones informed GBI s core product. GBI was created as an express platform to help individuals plan for their financial goals, regardless of level of financial literacy, and easily match with the expert advice needed to successfully achieve them. Unlike other a la carte solutions

How to reduce the carbon footprint of AI?

How to reduce the carbon footprint of AI? Can artificial intelligence be deployed to slow down global warming, or is AI one of the greatest climate sinners ever? That is the interesting debate that finds (not surprisingly) representatives from the AI industry and academia on opposite sides of the issue. The big players have clearly understood that the public sensibility towards climate change offers a wonderful marketing opportunity. IBM has launched its Green Horizons project to analyze environmental data and predict pollution. Google has announced having cut by 15 percent the amount of energy used in its data centres thanks to machine learning. Forecasting energy consumption, analyzing satellite data to monitor forest conditions in real time are additional examples. The periodical announcement of new applications of AI that might help fight global warming are meant to put green cloths on an industry that, in fact, consumes devastating amounts of energy. This diverts our atte

Startup Trove Raised $72 Million to Help Brands Like Lululemon Sell Resale

Reuters Trove is gaining significant clout in the retail industry for helping major brands launch resale.  Lululemon announced it partnered with the company to debut its new secondhand program, Like New   This is a new way customers shop. It s an opportunity to provide customers with an innovative model for resale, Trove s CEO said. Retail brands eyeing the fast-growing resale market are increasingly turning to third-party services like Trove for help navigating the complexities of selling previously worn garments.  Lululemon became the latest brand to launch a secondhand effort on Tuesday when the athleticwear company announced Like New, a program that allows customers in California and Texas to trade in gently used clothing in exchange for a gift card. The secondhand items can be dropped off online or at one of the 80 store locations across the two states beginning in May, while sales of the garments will begin in June. 

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