Artificial Intelligence

February 26, 2026 @ 11:38 am By Omar Faridi  |  

New York-based startup Basis has closed a substantial $100 million Series B funding round, reaching a post-money valuation of $1.15 billion. The investment will fuel the expansion of its autonomous artificial intelligence systems specifically engineered to handle sophisticated accounting workflows, positioning the company as a… Read More

February 26, 2026 @ 9:24 am By Omar Faridi  |  

JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon has delivered a clear message: artificial intelligence is not a distant promise but a present force actively reshaping one of the world’s largest banks. In recent remarks, Dimon revealed that the institution has launched “huge redeployment plans” for employees… Read More

February 26, 2026 @ 9:22 am By Omar Faridi  |  

PwC US unveiled a new partnership with Anthropic, aimed at accelerating the rollout of advanced AI agents for enterprise use in heavily regulated industries. The effort starts with applications in finance, as well as healthcare and life sciences. This initiative helps companies move beyond early-stage… Read More

February 26, 2026 @ 3:07 am By Omar Faridi  |  

Chicago-based insurtech Kin announced impressive full-year 2025 results on February 23, 2026, reporting total revenue of $201.6 million—a 29% increase from the prior year. Gross written premium reached $634.4 million, while baseline operating income surged 116% to $68.6 million, pushing the operating margin to a… Read More

February 25, 2026 @ 11:38 am By Omar Faridi  |  

Businesses in Europe, the MENA Region, and Asia-Pacific regions are confronting a sharp escalation in fraud, with losses mounting faster than protective measures can respond, according to a study released by Experian. The research, conducted by Forrester Consulting on behalf of the global data and… Read More

February 25, 2026 @ 8:40 am By Omar Faridi  |  

As artificial intelligence continues its expansion, a new wave of early-stage startups is emerging not to build more powerful models, but to fix the growing pains that come with them. According to CB Insights’ latest Early-Stage Trends Report, released recently, the most promising young companies… Read More

February 24, 2026 @ 7:30 pm By Omar Faridi  |  

Enterprises are accelerating AI agent deployments at an unprecedented pace, yet many struggle to quantify the value they deliver. A late-2025 survey of 59 executives by CB Insights revealed that 80% consider AI agent adoption a strategic priority. Strikingly, however, 40% admit they cannot track… Read More

February 24, 2026 @ 1:46 pm By Omar Faridi  |  

Global Regtech CUBE has announced the acquisition of 4CRisk.ai, a Silicon Valley-based firm specializing in agentic AI for compliance and risk mapping. The deal, terms of which remain undisclosed, marks another bold step in CUBE’s aggressive expansion strategy, building on its recent growth trajectory. CUBE,… Read More

February 24, 2026 @ 9:05 am By JD Alois  |  

Stripe, a private company used by 50% of the Fortune 500 to enable payments and more, is offering early shareholders the opportunity to sell some or all of their shares at a valuation of $159 billion. Stripe was founded in 2010 and has avoided the… Read More

February 24, 2026 @ 6:16 am By Omar Faridi  |  

In a seemingly bold meta-experiment amid rising concerns about artificial intelligence reshaping the global workforce, researchers at Deutsche Bank (NYSE:DB) consulted advanced AI technology to forecast its own disruptive potential. Rather than relying solely on conventional economic models, the bank’s Research Institute tasked its proprietary… Read More

February 24, 2026 @ 1:35 am By Michael Wong  |  

Zurich-based AI infrastructure startup Rapidata has raised $8.5 million in seed funding as it pitches a faster way for AI developers to gather the human judgments used to train and fine-tune models, in a process that has become a growing choke point for the industry…. Read More

February 24, 2026 @ 1:20 am By Michael Wong  |  

Malaysia’s Ministry of Digital has activated the Government Innovation Initiative (GII), a national programme it says will push public-sector innovation from “concept” to measurable delivery as the country works toward its goal of becoming an “AI Nation” by 2030. In a statement, the ministry said… Read More

February 23, 2026 @ 10:18 pm By Tony Zerucha  |  

Web3 had plenty on its mind this week, including some interesting thoughts on tokenization and market speculation. Crypto markets “The Clarity Act will become law and the narrative for crypto will switch to one of acceptance and embracement by banks and money managers. “Treasury will… Read More

February 23, 2026 @ 4:20 pm By Omar Faridi  |  

A major controversy has surfaced at the intersection of artificial intelligence and cryptocurrency privacy. Persona, the firm responsible for conducting identity verification for OpenAI’s premium ChatGPT features, stands accused of forwarding sensitive user information—including linked cryptocurrency wallet addresses—directly to US federal agencies. Security researchers operating… Read More

February 23, 2026 @ 8:32 am By Omar Faridi  |  

GoCardless has launched its Model Context Protocol (MCP), a tool that lets developers and merchants interact with its bank payment platform using everyday natural language. Announced recently this month, this AI-driven innovation marks a major shift in how businesses engage with complex payment systems, eliminating… Read More

February 23, 2026 @ 1:24 am By Omar Faridi  |  

Earlier this month, Anthropic announced a massive $30 billion Series G funding round, pushing its post-money valuation to an astonishing $380 billion. Just five months after a $183 billion mark in September 2025, the AI company—founded in 2021 by former OpenAI researchers who left over… Read More

February 23, 2026 @ 12:31 am By Tony Zerucha  |  

PitchBook, a private capital market intelligence platform, this week announced the launch of PitchBook Valuation Estimates, a daily, standardized valuation framework designed to improve transparency in private markets by delivering a consistent, independent, and data-informed valuation signal across thousands of VC-backed companies. Built to reflect how markets are… Read More

February 22, 2026 @ 12:35 pm By Omar Faridi  |  

In a maneuver that underscores the deepening interdependence of AI hardware developers and frontier model developers, Nvidia (NASDAQ:NVDA) is nearing the completion of a $30 billion equity investment in OpenAI. According to Reuters reporting on February 20, 2026, this commitment represents a pivotal element in… Read More

February 20, 2026 @ 11:38 am By Omar Faridi  |  

In a revelation that underscores the fusion of artificial intelligence with geopolitics, the Pentagon reportedly employed Anthropic’s Claude AI model during its military operation to apprehend former Venezuelan President Nicolás Maduro and his wife last month. According to The Wall Street Journal, the action—codenamed Operation… Read More

February 20, 2026 @ 4:33 am By Omar Faridi  |  

San Francisco-based data and AI focused firm Databricks noted this past week that it has delivered steady results, announcing on February 9, 2026, that it has exceeded a $5.4 billion annual revenue run-rate while posting more than 65% year-over-year growth in the fourth quarter. The… Read More