Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
FUNDING | Tunisia’s ClusterLab Secures $600,000 in Pre-Seed Funding to Revolutionize Arabic Content Using AI
ClusterLab, the company responsible for the Arabic audiobook summarization app, Reedz, has successfully obtained $600,000 in pre-seed funding.
This funding round enjoys backing from notable investors such as Karim Beguir, early supporters of InstaDeep, and regional angel investors, underscoring confidence in ClusterLab’s vision and future prospects.
Originating from Tunisia and headquartered in the UAE, ClusterLab stands at the forefront of artificial intelligence (AI) and natural language processing (NLP) technology development. Their proficiency is exemplified by collaborations with InstaDeep on a national AI initiative for Tunisia’s Ministry of Higher Education, as well as their inclusion in the esteemed Nvidia Inception Program for AI startups.
“Our expertise in technology goes beyond the current wave of large language models,” says Haithem Kchaou, Co-Founder and CEO of ClusterLab.
“We’ve been pioneers in utilising NLP to revolutionise content summarization well before it became mainstream.”
Echoing this sentiment, Chehir Dhaouadi, CTO and Co-Founder, expresses excitement for the future:
“The coming months hold immense potential. We’re eager to showcase the depth of our technological advancements to the public, particularly through the large-scale deployment of our AI solutions.”
This infusion of funding will propel Clusterlab’s research and development efforts, with a particular focus on advancing their next-generation large language models (LLMs). These advanced language models will further enhance Clusterlab’s NLP capabilities, allowing them to refine user experiences within their AI-powered products like Reedz and Elm.
This marks a pivotal step in Clusterlab’s mission: to revolutionise how Arabic content is created and consumed by leveraging the power of these models to ensure it’s more accessible and engaging for users worldwide.
Follow us on Twitter for latest posts and updates