EnergyEnergy Policy

Hungary Defends Russian Energy Ties at Moscow Forum Amid EU Pressure

Hungary’s foreign minister has reinforced Budapest’s commitment to Russian energy supplies during a high-profile conference in Moscow. The stance comes as European Union allies continue pushing for reduced dependence on Russian energy sources following the invasion of Ukraine.

Hungary Reaffirms Russian Energy Partnership

Hungarian Foreign Minister Peter Szijjarto has strongly defended his country’s ongoing energy relationship with Russia during the Russian Energy Week forum in Moscow, according to reports from Reuters. The minister stated that Hungary would suffer significantly if cut off from Russian energy supplies and emphasized that Budapest would not yield to external pressure regarding its energy decisions.

Arts and EntertainmentStartups

** AI Insurance Startup Raises $13.3M to Transform Claims Processing Industry

** A startup called ClaimSorted has raised $13.3 million in seed funding to revolutionize one of the world’s slowest industries—insurance claims processing. The AI-powered platform already serves tens of thousands of policyholders across the U.S., U.K., and EU. Investors including Atomico and Y Combinator are backing the solution born from founder frustration with traditional systems. **CONTENT:**

Artificial intelligence is poised to transform one of the world’s most notoriously slow industries as insurance technology startup ClaimSorted announces a $13.3 million seed round to revolutionize claims processing. The funding, led by Atomico with participation from Eurazeo, Y Combinator, Firstminute Capital, and Start Ventures, signals strong investor confidence in AI’s potential to streamline the traditionally cumbersome insurance claims landscape. According to industry experts note, this substantial investment reflects growing recognition that insurance technology represents one of the most promising sectors for disruption.