Artificial Intelligence

June 4, 2026 @ 4:39 pm By Omar Faridi  |  

Compass Mining has indicated that Bitcoin mining remains a relatively viable business in 2026, but real progress now actually demands greater precision, scale, and certain strategic advantages. According to insights shared by Compass Mining, the post-2024 halving environment, combined with surging network hashrate and fluctuating Bitcoin prices,… Read More

June 4, 2026 @ 9:34 am By Tony Zerucha  |  

Rain COO Frederic Choquette makes a compelling case for why AI agents will play a crucial role in improving Americans’ financial literacy and health. The timing couldn’t be better, as 70% of Americans have less than $500 in savings – the definition of living paycheck… Read More

June 4, 2026 @ 9:31 am By JD Alois  |  

Artificial intelligence (AI) firm AethexAI has raised a $3 million pre-seed round led by 4DX Ventures. Other investors in the round include Enza Capital, Dorm Room Fund, Mojo Ventures, 26 Fund, and individual investors from Stanford faculty, telecoms executives, and AI researchers from Anthropic. AethexAI… Read More

June 4, 2026 @ 8:27 am By Omar Faridi  |  

PitchBook has noted that as OpenAI prepares for a potential confidential S-1 filing and a Q4 2026 public debut targeting around $1 trillion, PitchBook’s latest research update now highlights significant tensions between the company’s (relatively) massive scale and its underlying business fundamentals. Valued at $852… Read More

June 4, 2026 @ 1:29 am By Omar Faridi  |  

Gradient Labs has recently expanded its Series A funding round to a total of $26 million. The capital injection, led by Octopus Ventures and CommerzVentures with continued support from Redpoint Ventures and Exceptional Capital, aims to accelerate the development of autonomous AI systems designed specifically… Read More

June 3, 2026 @ 5:10 pm By JD Alois  |  

As anticipated, SpaceX will issue shares at a fixed price of $135 per share, at a valuation of around $1.75 trillion. SpaceX will be pursuing the largest initial public offering (IPO) ever. According to an amended S-1 filed with the Securities and Exchange Commission today, Space Exploration Technologies… Read More

June 3, 2026 @ 12:11 pm By JD Alois  |  

Autobrains, an OurCrowd portfolio company, has revealed a partnership with Uber and NVIDIA to launch a robotaxi service in Munich, Germany. The announcement was made at the recent NVIDIA GTC Taipei event. In an OurCrowd blog post, Igal Raichelgauz, CEO and founder of Autobrains, stated,… Read More

June 3, 2026 @ 11:44 am By Tony Zerucha  |  

Fintech industry participants weighed in on Robinhood’s (NASDAQ: HOOD) use of artificial intelligence (AI) agents this past week. “There’s a huge opportunity for Robinhood to reshape trading behavior again through AI agents. As these systems become more deeply embedded in investing platforms, users will increasingly stop viewing… Read More

June 3, 2026 @ 9:02 am By JD Alois  |  

Last week, Senator Elizabeth Warren stated in an Op-Ed that she wants to tax the development of artificial intelligence (AI) and “invest in people,” warning that AI will “break society, “creating a “permanent underclass.” In brief, Warren fears the creation of billionaires who are building… Read More

June 2, 2026 @ 11:24 pm By Omar Faridi  |  

Tether’s AI Research Group has introduced an enhancement to its open-source ecosystem. The company released a production-ready version of TurboQuant, a memory compression technique originally developed by Google Research. Integrated into the latest QVAC SDK (version 0.12.0), this technology dramatically expands what everyday devices can… Read More

June 2, 2026 @ 9:09 pm By Omar Faridi  |  

PitchBook has indicated that consumer AI continues to evolve with adoption surging alongside advances in frontier language models. According to PitchBook’s latest analysis, generative AI app downloads surged from around 200 million in 2022 to approximately 3.8 billion in 2025, while mobile in-app purchase revenue… Read More

June 2, 2026 @ 3:31 pm By Omar Faridi  |  

The global economic environment remains quite uncertain and unpredictable, as it faces escalating geopolitical tensions and the transformative potential of artificial intelligence, according to the World Economic Forum’s (WEF) latest Chief Economists’ Outlook. Surveyed experts express heightened concerns over disruptions, yet they highlight AI as… Read More

June 2, 2026 @ 12:02 pm By JD Alois  |  

The White House has posted an Executive Order addressing artificial intelligence (AI) development. Signed by President Trump, the document declares that the United States continues to lead the world in AI. The EO states that the US policy is to support AI innovation and security… Read More

June 2, 2026 @ 8:28 am By Tony Zerucha  |  

Matrix partner Matt Brown said agentic payments are coming faster and more broadly than almost any other fintech development he’s seen. For nearly 50 years, the early-stage venture capital firm has worked with startups from seed through Series A, shepherding some of the biggest concepts to fruition. As… Read More

June 2, 2026 @ 8:20 am By Omar Faridi  |  

OpenPayd, a provider of financial infrastructure, has announced plans to become a publicly traded company on Nasdaq via a merger with a special purpose acquisition company. The move positions the firm as a unicorn and highlights the growing convergence between conventional banking systems and digital… Read More

June 2, 2026 @ 8:19 am By Omar Faridi  |  

OpenAI has extended access to its cybersecurity-focused artificial intelligence model to several UK based banking institutions. This initiative comes at a time when banks are grappling with evolving risks posed by sophisticated AI tools capable of identifying and exploiting system vulnerabilities. The model in question,… Read More

June 2, 2026 @ 1:21 am By Omar Faridi  |  

Robinhood Markets (NASDAQ: HOOD) continues to challenge existing boundaries in fintech and online investing, blending steady international business growth, artificial intelligence features, and involvement in public financial initiatives. These moves have sparked investor enthusiasm while prompting questions about the Fintech company’s long-term valuation. The company… Read More

June 1, 2026 @ 5:17 pm By JD Alois  |  

Alphabet (Google) (NASDAQ:GOOG) is raising equity capital in a private placement. The proposal is for $80 billion in funding to help fuel artificial intelligence development. Shares of the company are down marginally in after-hours trading as markets assess the dilutionary impact of the equity sale…. Read More

June 1, 2026 @ 3:31 pm By JD Alois  |  

Artificial intelligence firm Anthropic has filed a draft registration document with the Securities and Exchange Commission indicating its intent to go public. The S-1 was filed confidentially, so it is not yet publicly viewable. Anthropic stated that filing confidentially gives them the option to pursue… Read More

June 1, 2026 @ 2:36 am By Michael Wong  |  

Southeast Asia’s AI infrastructure market is still young, uneven, and heavily concentrated in Singapore. The sector has drawn about $1.2 billion in disclosed equity funding across Indonesia, Malaysia, Singapore, and Thailand from 2015 to 2026, according to a report by private market data platform Tracxn…. Read More