Artificial Intelligence

May 15, 2026 @ 12:24 pm By Omar Faridi  |  

Accenture Federal Services, part of Accenture (NYSE: ACN), has formed a major new alliance with OpenAI aimed at helping federal agencies quickly embrace, transition, and expand cutting-edge artificial intelligence technologies. As a designated OpenAI partner, the firm will guide clients from initial testing phases to fully… Read More

May 15, 2026 @ 10:57 am By Omar Faridi  |  

PitchBook has indicated that venture capital activity in artificial intelligence reached explosive new levels during the first three months of 2026, according to PitchBook’s latest research preview. Total AI-related investments climbed to $255.5 billion in the quarter—surpassing the entire $254.4 billion raised across all of… Read More

May 15, 2026 @ 8:44 am By JD Alois  |  

Gemini Space Station (NASDAQ:GEMI) shared Q1 earnings yesterday, reporting a revenue increase of 42% year over year while stating that the Winklevoss Capital Fund had committed $100 million to the crypto firm. Gemini was founded by the Winkelvoss brothers, who took the firm public last… Read More

May 14, 2026 @ 7:51 am By Omar Faridi  |  

Carta has completed the acquisition of Avantia Law, immediately rebranding the firm as Carta Law. This strategic move brings together a pioneering legal provider with Carta’s established platform for private market operations, promising to streamline high-volume legal and compliance tasks for private equity and venture… Read More

May 14, 2026 @ 12:49 am By Omar Faridi  |  

Klarna (NYSE:KLAR) has unveiled plans to integrate its flexible payment solutions directly into Google Search and the Gemini app through Google Pay. The rollout, announced on May 12, 2026, targets users in the United States and marks another milestone in the buy-now-pay-later (BNPL) provider’s growing… Read More

May 13, 2026 @ 9:50 am By JD Alois  |  

Artificial Intelligence “hallucinations” are a thing. Recently, in the news, there was a report of a major corporate merger announcement that never actually happened. Details were fabricated, including fake press releases, executive quotes, and regulatory filings. There have been estimates that hallucinations have cost $2.3… Read More

May 13, 2026 @ 1:21 am By Tony Zerucha  |  

Pit, an AI-native workforce platform, this week announced its public launch alongside $16 million in funding led by Andreessen Horowitz (a16z). The round includes participation from Lakestar, the Pit founders, executives from OpenAI, Anthropic, Google, Deel, and Revolut, and the Stena and Lundin families. Pit… Read More

May 13, 2026 @ 1:20 am By Omar Faridi  |  

The International Monetary Fund (IMF) has issued a fresh alert on the growing dangers to global financial stability from artificial intelligence. In a blog post dated May 7, 2026, the IMF explains how AI is reshaping both the vulnerabilities and defenses of the financial system…. Read More

May 12, 2026 @ 11:25 am By Tony Zerucha  |  

Corvera, an agentic supply chain management platform backed by Y Combinator, has raised $4.2 million (£3 million) in seed funding to accelerate its expansion and automate end-to-end operational workflows for consumer packaged goods (CPG) brands. The round was led by 6 Degrees Capital, with participation… Read More

May 12, 2026 @ 10:02 am By Tony Zerucha  |  

Some questionable thoughts on stablecoins and crypto investing are among the Web3 Thoughts of the Week. Bitcoin and oil dynamics “Bitcoin’s brief recovery above $80,000 is looking shaky. It’s being driven by easing oil prices rather than strong buying, with Brent back below $110 on… Read More

May 12, 2026 @ 7:33 am By Omar Faridi  |  

PitchBook has indicated that the US venture capital ecosystem reached a conisderable $9.4 trillion in total market value as of March 31, 2026. This, according to PitchBook’s latest quarterly analysis of valuations and returns. Artificial intelligence companies alone command nearly half of that figure—about $5.8… Read More

May 12, 2026 @ 7:31 am By Omar Faridi  |  

Stablecoin issuer Circle (NYSE:CRCL) has recently unveiled its Agent Stack. Announced recently this month, this open-source infrastructure is designed specifically for the “agentic economy”—a future where intelligent agents reason, plan, and execute economic tasks independently. The platform equips agents with the tools to hold funds,… Read More

May 11, 2026 @ 10:20 pm By Omar Faridi  |  

Nubank’s (NYSE: NU) senior executives explained how the company’s artificial intelligence underwriting framework is driving sustainable expansion in credit services. The update from Nubank’s  professional team emphasized that core risk protocols stay firmly in place, with delinquency levels holding steady even as more customers gain… Read More

May 11, 2026 @ 4:16 pm By Omar Faridi  |  

Blockchain security firm CertiK has outlined a transformative vision for autonomous AI systems in a new analysis released recently this month. Today’s AI agents operate in isolated environments, relying on large language models for decision-making but lacking uniform ways to prove who they are or… Read More

May 11, 2026 @ 11:48 am By Omar Faridi  |  

U.S. Bank (NYSE: USB) has entered an expanded partnership with Amazon Web Services (AWS) to shift hundreds of its essential banking systems onto the AWS platform. This multi-year effort targets key areas including payment processing, wealth management, and commercial banking operations. The bank is building… Read More

May 10, 2026 @ 7:06 pm By JD Alois  |  

Fintech Plum is raising money on Crowdcube as part of a wider funding round, allowing smaller investors access to a more mature firm at the same terms as institutions. According to the offering page, Plum is raising capital at a pre-money valuation of £250 million…. Read More

May 10, 2026 @ 5:46 pm By Omar Faridi  |  

PitchBook introduces a new framework to help global investors and corporate strategists thrive amid the shift reshaping enterprise technology. The research report from PitchBook argues that traditional seat-based software models are under intense pressure from agentic AI, creating both disruption and a chance to reposition… Read More

May 10, 2026 @ 6:41 am By Michael Wong  |  

BioMatrix has launched a new platform it says will help AI projects secure verified human participation as companies grapple with the rapid spread of synthetic content online. The company launched BioMatrix 3.0, which it describes as a “human participation network” for the AI economy, at… Read More

May 9, 2026 @ 11:23 am By Omar Faridi  |  

Digital assets firm Circle (NYSE:CRCL) has recently released a comprehensive developer guide and open-source reference implementation demonstrating how to power high-frequency, sub-cent transactions essential for the emerging agentic economy. The May 8, 2026, blog post details “Nanopayments powered by Circle Gateway,” a system that enables… Read More

May 9, 2026 @ 1:17 am By Tony Zerucha  |  

FIS is working with Anthropic to bring agentic AI to banking, beginning with the Financial Crimes AI Agent. The agent will compress anti-money-laundering investigations from hours to minutes, automatically assembling evidence across a bank’s core systems, evaluating activity against known typologies, and surfacing the highest-risk… Read More