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Sergey Tokarev: New IT university in Ukraine is aimed at changing mindset of the country

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A presentation of a new IT University took place in Kyiv. Sergey Tokarev, the Founding Partner at Roosh, in the partnership with Kyiv School of Economics (KSE), described a new educational institution launched in Ukraine. Next Summer, Ukrainian school-leavers will be able to apply for study at SET University.

According to the founders, SET University will be the one that will alter the Ukrainian educational system, and fulfill the Ukrainian IT market with professionals ready to launch tech startup unicorns.

The name of the university is combined from three words that refer to university vision – Science, Entrepreneurship, and Technology. Sergey Tokarev says that his goal is to initiate changes in the industry: Ukraine has to implement a product approach not an outsourcing one to create a new economy.

University educational programs will include specialized IT disciplines and also practical courses aimed to teach students how to pitch ideas and launch startups. To achieve this goal, SET University has created a Startup Garage, an analog of the Stanford model.

The university will provide a wide range of opportunities for students: they will work on real cases of IT companies, pitch ideas for a venture studio, and compete for funding.

IT industry requires such an innovative university because there is a lack of professionals, around 100,000 job vacancies are open with no one to fill them. Another problem is the level of education – a lot of educational programs are not tailored to the IT market requirements. Usually, companies hire young specialists and spend a lot of time and money to train them to work on real projects according to their business needs. SET University expects that there will be no unemployed students among the graduates.

The founders of the university will involve top-level specialists to teach and become mentors for students. The program developed following concerns of IT companies will include courses on Artificial Intelligence, Data Science, Cybersecurity, and other fields of expertise critical for the industry. 

Education in the university will be available for everyone. Based on a tuition-based model, the students will be able to apply for a grant or a scholarship that will cover the cost of the education. 

Sergey Tokarev says that an income share agreement model will be implemented in the university. It means that students can pay for the education after graduation, and this payment will be taken as a percent of their salaries.

The idea of the establishment of the university had arisen when Sergey Tokarev faced a lack of good professionals while developing his projects. Investing in more than 100 start-ups, he understood what specialists were in high demand on the market. For several years, he had been working on the idea of SET University.

To boost the project, Tokarev partnered with Kyiv School of Economics as a leading Ukrainian economic university to develop an innovative educational center together where IT specialists can be educated.

The application process will start in July, selected students will be able to sign agreements with the university. 

Sergey Tokarev says: “We want universities to become an open platform for all participants of the IT market. We would like everything to be about technologies, and each participant of the market would be associated with the university. SET University will become an educational framework for achieving these goals.”

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Wiz will pay $450 million to acquire Cloud Remediation Startup Dazz

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Wiz revealed on Thursday that it will buy channel-focused company Dazz in an agreement to add cloud remediation capabilities to the vendor’s cloud and AI security platform.

With features like application security posture management and continuous threat and exposure management, Dazz provides a remediation-focused cloud security platform.

Jared Phipps, a seasoned cybersecurity industry executive who most recently worked for SentinelOne, was hired by Dazz in February as its CRO as the business sought to expand its collaboration with channel partners. Presidio, situated in New York, has been one of the key partners.

Dazz said in July that it has raised a $50 million round of funding, increasing its total funding since its 2021 launch to $110 million.

Dazz provides a “industry-leading remediation engine,” according to a post published on Thursday by Wiz Co-Founder and CEO Assaf Rappaport, which will allow Wiz to “empower security teams to correlate data from multiple sources and manage application risks in one unified platform.”

This is Wiz’s third purchase overall and its second acquisition of 2024 after the company’s April acquisition of cloud detection and response provider Gem Security.

Wiz, a four-year-old startup, reported in May that it had raised $1 billion in new capital at a $12 billion valuation, citing its continued strong development in the cloud and AI security areas. Annual recurring revenue (ARR) for the business reportedly increased from $350 million earlier this year to above $500 million.

After making a number of management additions aimed at facilitating quicker partner-driven growth, Rappaport stated in February that Wiz would prioritize its channel operations moving ahead.

I“In cybersecurity partners are super, super important in the success of a company. So we’ve always [seen that] this has huge potential for us to tap into. I think there is so much more we can do,” he stated at the time.

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ProRata, an AI startup, Teams up with UK Publishers after reportedly Hitting $130 Million in Valuation

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A number of well-known British media outlets have joined ProRata, an AI firm that claims to compensate publishers for the usage of their work, in its expanding network of partnerships.

The Los Angeles-based firm announced on Wednesday that it has signed licensing deals with publishers such as Sky News, the Guardian, and the Daily Mail’s publisher, DMG Media.

In a recent Series A funding round, ProRata raised $25 million from investors such as the Mayfield Fund, Prime Movers Lab, and Revolution Ventures.

“ProRata’s founder and CEO Bill Gross said his firm’s AI technology is the only one that pledges to credit and compensate creators, while providing users with accurate search results.

“We have had hundreds of content owners and media companies reach out to us from around the world who are interested in piloting our technology. Stealing and scraping content is not a sustainable path forward,” he continued.

Similar alliances have previously been formed by ProRata with the German publisher Axel Springer, the Atlantic, Fortune, Time, and Universal Music Group (UMG).

Media firms are offered reasonable compensation by ProRata for the use of their content. The startup’s in-house technology may determine the proper amount of pay by evaluating the worth of the information used to create responses from an AI platform. This would make it possible to pay copyright holders for their work on a per-use basis.

Gross had previously said that AI platforms have been using “shoplifted, plagiarized content,” which fosters an atmosphere in which “disinformation thrives and creators get nothing.”

Gross is recognized for having created the pay-per-click model of internet search monetization with his business, GoTo.com, which was eventually acquired by Yahoo! in 2003.

In a recent blog post, Tige Savage, a cofounder of Revolution, stated that Bill Gross is a serial entrepreneur with extensive experience in monetization techniques.

“He’s attracted a world-class tech team led by AI luminary Tarek Najm to implement the vision and an accomplished business team, including Annelies Jansen and Jonas Lee to drive content and AI partnerships,” Savage continued.

The unpaid use of copyrighted materials by OpenAI and other tech companies to train their AI systems has led to litigation from media companies and other content creators.

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Film Bazaar Unveils an Interactive Cinema App from an Indian Tech Startup

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Arjun Nittoor, the founder of the Indian technology firm Vireza, disclosed at Film Bazaar that the company is creating a new mobile application that would transform the experience of watching movies in theaters by enabling viewers to engage with the films in real time.

The technology, which was created wholly in-house at the company’s research and development department in Bengaluru, allows viewers to use their smartphones to vote on important plot points during the movie. To keep up with the current screening, patrons download an app before entering the theater and scan a QR code at their seat.

“The film industry is one of the few sectors where the audience experience has seen minimal technological disruption in theatres,” Nittoor stated. “While screen and sound quality have advanced and 3D has been partially adopted, the viewing experience has largely remained the same for decades.”

The screen automatically brightens to show voting options and dims again when choices are made. The system uses discreet phone notifications to encourage audience participation around every ten minutes.

In 2026, Vireza intends to introduce the technology with a full-length interactive movie that will be produced in both English and South Indian for international distribution. The business is presently in the development stage and will shortly start doing multiplex chain trial screenings.

CtrlMovie’s prior success in the interactive film industry was mentioned by Nittoor. CtrlMovie is well-known for “Traces of Responsibility” and “Late Shift.”

In order to overcome the difficulties in cinematography, editing, shot composition, and writing that plagued previous attempts at the format, the firm has spent five years creating what Nittoor refers to as “a new science of filmmaking” that is especially tailored for interactive cinema.

“Despite the proliferation of viewing devices, big-ticket films continue to draw massive crowds to theatres, with box office numbers higher than ever,”  Nittoor stated. “This demand underscores the potential for a meaningful technology shift that could draw audiences out of their homes and into cinemas.”

Other Asian businesses are likewise investigating audience-driven narrative in motion pictures. In February of the following year, Japan’s King Records intends to release “Hypnosis Mic – Division Rap Battle,” an animated interactive film.

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