Artificial Intelligence

May 8, 2026 @ 1:48 am By Omar Faridi  |  

A new World Economic Forum (WEF) report reveals that artificial intelligence is fundamentally transforming cybersecurity, emerging as the dominant force driving change in the sector. Titled AI and Cyber: Empowering Defenders and developed in partnership with KPMG, the analysis—drawing from 20 real-world case studies and… Read More

May 7, 2026 @ 10:05 pm By Omar Faridi  |  

Visa (NYSE: V) has rolled out its Agentic Ready initiative to issuers in Canada and Malaysia, marking another step in its global push to ready the payments industry for a future shaped by artificial intelligence. This program equips banks and partners with a secure testing… Read More

May 7, 2026 @ 9:31 am By JD Alois  |  

Quantum Motion has raised $160 million in Series C funding. Founded in 2017, the company is a UK-based spin out from Oxford University and University College London. As the name belies, Quantum is developing quantum computers for diverse industries including finance and cybersecurity. Quantum states… Read More

May 7, 2026 @ 9:12 am By Omar Faridi  |  

The Solana Foundation has joined forces with Google Cloud in order to introduce Pay.sh, a gateway that lets AI agents independently discover, access, and settle payments for APIs using stablecoins on the Solana blockchain. Announced recently this month, the initiative aims to remove longstanding barriers… Read More

May 6, 2026 @ 7:24 pm By Omar Faridi  |  

PwC has unveiled an expanded partnership with OpenAI to develop the world’s first fully AI-native finance operation designed for large-scale organizations. Announced on May 5, 2026, the initiative integrates advanced agentic artificial intelligence with ongoing human oversight, aiming to fundamentally transform how finance teams operate…. Read More

May 6, 2026 @ 4:27 pm By Omar Faridi  |  

CB Insights has released its latest AI 100 list, spotlighting the world’s 100 most promising or high-potential private artificial intelligence startups for 2026. Drawing on predictive signals such as market traction, investor quality, talent momentum, and commercial maturity, the report captures an AI ecosystem that… Read More

May 6, 2026 @ 4:25 pm By Omar Faridi  |  

Accenture (NYSE: ACN) has announced a strategic investment in Netomi, a specialized artificial intelligence company focused on customer experience platforms. Conducted via Accenture Ventures, the deal includes a formal alliance aimed at helping large organizations overhaul their customer support operations through advanced agentic AI technologies…. Read More

May 6, 2026 @ 5:01 am By JD Alois  |  

Davis, an artificial intelligence firm in the real estate sector, has announced a $5.5 million pre-seed in funding. According to a note from the firm, the funding was led by Heartcore Capital and Balderton Capital, with participation from Evantic, Yellow VC and Entrepreneurs First. Other… Read More

May 6, 2026 @ 4:33 am By Omar Faridi  |  

PitchBook has pointed out that when Aileen Lee first used the term “unicorn” in 2013, it described a rare breed of venture-backed startups valued at $1 billion or more—fewer than 40 existed then. By the end of Q1 2026, the global unicorn population has swelled… Read More

May 6, 2026 @ 2:30 am By Michael Wong  |  

Featherless.ai, a Singapore-based artificial intelligence infrastructure firm, has secured $20 million in Series A funding to expand its platform for deploying open-source AI models. The round was co-led by AMD Ventures and Airbus Ventures, with participation from BMW i Ventures, Kickstart Ventures, Panache Ventures, and… Read More

May 5, 2026 @ 3:47 pm By JD Alois  |  

Agentic eCommerce firm ZyG has raised $60 million in a Series A funding round led by Accel. Sonali De Rycker, partner at Accel, will be joining the ZyG board of directors. Other investors include Felix Capital, as well as new and existing investors. ZyG claims… Read More

May 5, 2026 @ 11:13 am By JD Alois  |  

Anthropic has announced dedicated AI agents for the financial services sector. The company stated that it can now automate time-consuming tasks such as building pitchbooks, writing credit memos, screening KYC files, and closing the books at month-end. These services are being sold as individual plugins… Read More

May 5, 2026 @ 2:14 am By Omar Faridi  |  

NSK Limited has entered into a strategic alliance with Accenture (NYSE: ACN) aimed at fundamentally reshaping its operations through advanced artificial intelligence and digital innovations. The partnership seeks to foster sustainable expansion and boost overall corporate value by optimizing processes, freeing up resources for strategic investments,… Read More

May 5, 2026 @ 12:27 am By Omar Faridi  |  

Trumid, a financial technology firm and electronic marketplace for fixed-income securities, has unveiled Trumid Smart Voice, an AI-driven feature that advances its commitment to targeted artificial intelligence integration in credit trading operations. This latest capability instantly transforms spoken or written client interactions into complete, ready-to-submit… Read More

May 4, 2026 @ 10:35 am By JD Alois  |  

Last month, the European Union (EU) announced a €180 million commitment to “sovereign cloud services” distributed over 6 years. The goal is for Europe to enhance its own sovereignty,” while “reinforcing strategic control across key technologies and infrastructure.” This allows Europe to move away from… Read More

May 4, 2026 @ 6:57 am By Tony Zerucha  |  

Chord, an AI platform powering modern commerce operations, has raised $7 million, led by Equal Ventures, with participation from existing investor M13 and new investors Chingona Ventures and CEAS Investments. Commerce is becoming harder to run. Systems are fragmented, and teams are left stitching together… Read More

May 4, 2026 @ 6:47 am By Tony Zerucha  |  

Loyyal, an AI-first, blockchain-powered loyalty and payments ecosystem, this week launched OfferPoint, a merchant-funded offer marketplace designed to help banks, digital wallets, and financial institutions increase card spend and customer engagement without funding the rewards themselves. OfferPoint provides financial institutions access to a continuously growing… Read More

May 3, 2026 @ 12:52 pm By Tony Zerucha  |  

As the number of financially unhealthy American consumers reaches 69%, consumers have turned to AI as they have begun to change the way they approach not just ancillary spending, but also short-term necessities and long-term investments. This is among the findings from a recent JD… Read More

May 3, 2026 @ 9:17 am By Omar Faridi  |  

iCapital, a global fintech provider in private markets and wealth technology, has announced a strategic collaboration with Anthropic. The partnership will incorporate Anthropic’s Claude AI models into iCapital’s comprehensive platform, aiming to significantly elevate user experiences for financial advisors, product issuers, and end clients in… Read More

May 2, 2026 @ 12:47 pm By Omar Faridi  |  

Lloyds Banking Group has introduced Envoy, a groundbreaking internal platform designed to enable the secure and responsible development of AI agents at scale. Unveiled this month, the initiative underscores the financial institution’s commitment to harnessing advanced artificial intelligence while prioritizing governance, safety, and ethical deployment… Read More