Artificial Intelligence

Trade Ledger Introduces Bank Solution with Microsoft Azure OpenAI Service

Trade Ledger announces it will launch a new solution integrating Microsoft Azure OpenAI Service designed exclusively for Business Owners, CFOs and Financial Directors in small and medium-sized businesses (SMBs). SMBs often don’t have the resources or in-house expertise “to access and understand information to optimize… Read More

VC Professionals Launch Touring Capital to Invest in Growth Stage SaaS Startups

Nagraj Kashyap, Priya Saiprasad, and Samir Kumar announced the launch of Touring Capital, a venture capital firm focused on investing in the next generation of early-growth stage, AI-powered SaaS startups around the world. Touring Capital’s founding partners previously “led M12, Microsoft’s Venture Fund, and Qualcomm… Read More

Learn.xyz Launches Generative AI-Powered Learning App Following $3m Seed Funding

Learn.xyz, a startup focusing on generative AI in education, has unveiled its innovative, AI-driven social learning app for iOS and Android platforms. This launch coincides with the company’s successful $3 million Seed funding. The new app, catering to a worldwide audience, offers the unique ability… Read More

Germany: Defense AI Firm Helsing Scores €209m in Series B Funding

Defense AI firm Helsing has announced raising €209 million in its Series B funding round anchored by General Catalyst and backed by strategic investment from the renowned Swedish group, Saab. Established in 2021, Helsing’s identity is carved as a contemporary defense firm, primarily focusing on… Read More

Pixis Secures $85m in Series C1 Funding to Accelerate AI-Driven Growth Marketing

Codeless AI infrastructure company Pixis has announced raising $85 million in its recent Series C1 funding round, anchored by Touring Capital and backed by new and returning investors such as Grupo Carso, General Atlantic, Celesta Capital, and Chiratae Ventures. The fresh funding increases Pixis’ total capital… Read More

Data and AI firm Databricks raises $500m at $43bn valuation

Databricks, a data and artificial intelligence company has successfully raised over $500 million in its Series I funding round, bringing the company’s valuation to $43 billion. With this move, each share of the company is now valued at $73.50, according to an announcement. The financing… Read More

Deduce Raises $9M to Address AI-Generated Identity Fraud

Deduce, which claims to be the “only” patented technology platform designed to prevent AI-generated identity fraud, announced $9M in funding led by Freestyle Capital, with additional investment by Foundry and True Ventures. The funding will launch Deduce’s GenAI Identity fraud solution “out of stealth and… Read More

KASIKORNBANK Launches KXVC, a $100m Fund for AI, Web3, and Deep Tech Startups

Thailand’s digital bank, KASIKORNBANK (KBank), has launched a $100 million flagship fund, KXVC, aimed at fintech startups specializing in AI, Web3, and Deep Tech globally. The move is set to capitalize on the booming digital economy in the Asia-Pacific (APAC) region, projected to hit $1… Read More

Investing Solution Provider TOGGLE AI Introduces Direct Trading Integration with Tradestation

TOGGLE AI, the intelligent investing dashboard, introduced the expansion of its direct trading integrations with the addition of TradeStation Group, Inc., a Florida-based company whose operating subsidiaries “provide self-clearing online brokerage services for trading stocks, ETFs, options, futures, and crypto that aim to offer the… Read More

MicroCloud Hologram Introduces AI-Driven Holographic Virtual Digital Human

MicroCloud Hologram Inc. (NASDAQ: HOLO), a provider of Hologram Digital Twins Technology, revealed its latest innovation: a holographic virtual digital human powered by ChatGPT‘s generative pre-training model. The technology simulates human linguistic behaviors, incorporating semantic analysis, to produce text that users can effortlessly understand. This… Read More

AI Technology: Ant Group Introduces Financial Large Language Model, New Applications

Ant Group unveiled its financial large language model at the 2023 INCLUSION·Conference on the Bund, alongside two new applications powered by the financial LLM including Zhixiaobao 2.0, an intelligent financial assistant for consumers, and Zhixiaozhu 1.0, an intelligent business assistant serving financial industry professionals. According… Read More

Earnix, provider of SaaS solutions for global insurers and banks, names new CTO

Earnix, a provider of intelligent SaaS solutions for insurers and banks worldwide, announced the appointment of seasoned technology expert Erez Barak as its Chief Technology Officer (CTO) effective from September 10. With a rich career spanning over 22 years, including significant leadership roles at tech… Read More

Artificial Intelligence: Mujin Raises $85m to Expand AI-Powered Robotics Platform

Tokyo-based intelligent robotics startup Mujin has announced raising $85 million in its Series C funding round, further boosting its market share in the realm of AI-powered robotics for manufacturing, logistics, and supply chain operations. The funding round saw participation from top investors, including Japan’s SBI… Read More

Provenir, a Provider of AI-enhanced Risk Decisioning Software, Appoints Andres Elizondo as Chief Financial Officer

Provenir, which claims to be a global leader in AI-powered risk decisioning software, announced the appointment of Andres Elizondo as its new Chief Financial Officer. Elizondo brings a wealth of experience which “combines both finance and strategy, with a focus on driving and delivering long-term… Read More

Korea’s Largest Financial Services Company Selects Polygon for Security Tokenization

Mirae Asset Securities, an investment firm and brokerage with more than $500 billion in AUM, has chosen Polygon to pursue digital securities or asset tokenization. According to a note from Mirae, the Mirae Asset Security Token Working Group is working to build the infrastructure for… Read More

EC.ai Closes $60m Series B Funding to Accelerate AI Solutions Deployment

Artificial intelligence (AI) technology provider Elemental Cognition (EC.ai), has announced raising $60 million in its Series B funding round, with notable participation from Bridgewater Associates, Breyer Capital, AME Cloud Ventures, Staged Ventures, and other individual investors. The investment will be utilized to accelerate the commercial… Read More

Quantiphi, Unqork to Launch Automated and Integrated Intelligent Insurance Underwriting Platform on Google Cloud

Quantiphi, an Al-first digital engineering company, announced the launch of its AI-led Intelligent Underwriting Platform (AiUP), which will be “included in Google Cloud’s Industry Value Network (IVN) solutions and combines the power of Dociphi, Quantiphi’s intelligent document processing platform,” Unqork‘s codeless platform and Google Cloud’s… Read More

OurCrowd backed ThetaRay, the AI-enhanced Transaction Monitoring Tech Provider, Secures Additional Funding

ThetaRay, the AI-powered secure global payments with offices in New York, Madrid, London, Dubai and Tel Aviv, announced a significant growth round led by Portage, “with investments by existing investors JVP, OurCrowd and others.” The investment, totaling $57 Million, will enable ThetaRay “to accelerate global… Read More

HR Tech Provider Confirm Secures $6.2M via Series A to Remove “Subjectivity” from Performance Reviews

Confirm, the “first” platform to inject the science of Organizational Network Analysis (ONA) into performance reviews to help people leaders make fairer, faster, and data-driven talent decisions, announced that it has raised $6.2 million in Series A funding, bringing its total investment to $11.4 million…. Read More

Xero Introduces AI-enhanced Product Features, Improved Product Experiences Designed to Help SMBs

Xero recently announced new AI-powered product features and enhanced product experiences designed “to help small businesses and their advisors work smarter and more efficiently.” As noted in the update from Xero, the new innovations include: Enhanced AI-powered predictions in bank reconciliation and Xero Analytics Plus… Read More

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