Artificial Intelligence

CipherOwl Launches Compliance Platform

CipherOwl, founded by the team that built Coinbase’s on-chain data and compliance platform, this week announced $15 million in seed financing co-led by General Catalyst and Flourish Ventures, with participation from Coinbase Ventures, Sancus Ventures, Enlight Capital, OKX Ventures, AME Cloud Ventures, Road Capital and Predictive VC. The company is emerging from stealth with an AI-native… Read More

Conversational AI Provider Gradient Labs Looks to Expand in US Market

Gradient Labs, an artificial intelligence (AI) platform that targets conversational engagements for finance, is looking to expand its services into the US following “explosive” growth in Europe. Based in the UK, Gradient Labs was co-founded by Dimitri Masin, Neal Lathia, and Danai Antoniou. Each of… Read More

PayNearMe Launches Intelligent Virtual Agent

PayNearMe has introduced its AI-powered Intelligent Virtual Agent (IVA) as part of its strategy to advance and modernize customer engagement for non-commerce businesses. Fully integrated into the PayXM platform, Intelligent Virtual Agent extends PayNearMe’s vision of Payment Experience Management by enabling organizations to automate and personalize inbound and… Read More

Banking Sector Profits Potentially Facing Major Hit from AI Adoption, Report Claims

Banking industry profit margins are potentially facing a significant $170 billion hit from the rise of AI, according a report from McKinsey. And failure to adapt to consumers’ growing usage of artificial intelligence may lead to banks losing billions of dollars in earnings, the report… Read More

Tether Releases QVAC Genesis I, the Synthetic Data Set to Train STEM-Focused AI Models

Tether Data’s AI research division, QVAC, released what it claims is the largest synthetic dataset created for artificial intelligence training under a new initiative called QVAC Genesis. This initial release, Genesis I, a collection of 41 billion text tokens, is meant to help the world… Read More

Generative AI Is Improving How Credit Risk Is Being Assessed : Research

Generative artificial intelligence is now said to be reshaping the financial sector, emerging as a sophisticated tool in transforming how credit risk is being assessed. This, according to a report from OliverWyman which also noted that by moving further beyond traditional linear models, generative AI… Read More

Workers are Eager to Adopt Agentic AI but Concerns Remain About Job Security : Research

Photo courtesy notionscapital on Flickr

The majority or 84% of workers are eager to adopt agentic AI in their current role, however, most or 56% are concerned about their own job security working alongside AI agents, highlighting a seemingly urgent “disconnect.” Employees are prepared and keen to leverage agentic AI,… Read More

GenAI Fintech UnifyApps Welcomes $50M Series B

UnifyApps this week announced a $50 million Series B led by WestBridge Capital with participation from ICONIQ and others. The new capital brings UnifyApps’ total funding to $81 million and marks a new phase of scale with Ragy Thomas joining as chairman and co-CEO, alongside… Read More

Southeast Asia’s Superapp Provider Grab Holdings Invests in Autonomous Vehicle Tech Firm

May Mobility, Inc., an autonomous vehicle tech firm, and Grab Holdings Limited (NASDAQ: GRAB), Southeast Asia’s superapp, announced their partnership with intentions to introduce autonomous vehicle services in Southeast Asia. This latest partnership reportedly includes an investment by Grab into May Mobility, backing the AV… Read More

lemlist Acquires AI Platform Claap

lemlist, a sales engagement platform, has acquired AI platform Claap. Claap, valued between $15 million and $30 million, transforms every sales conversation into actionable insights and context-aware AI agents. With the self-funded acquisition, lemlist will now provide sales teams with AI-generated actionable insights based on… Read More

Epiminds Brings AI Agents to Marketing, Lands $6M Raise

Epiminds, founded by Swedish entrepreneurs Elias Malm and Mo Elkhidir, has announced its public launch from stealth alongside $6.6 million in funding led by Lightspeed Venture Partners with participation from EWOR, Entourage, and angels, including the former CMO of Booking.com. In 12 weeks from ideation,… Read More

Accenture and AWS Enable AI-Powered Digital Transformation and Cloud Modernization for Public Service Organizations

Accenture (NYSE: ACN) has recently announced an expansion of its collaboration with Amazon Web Services (AWS) to deliver transformative digital services to public sector, defense and national security organizations. Via the Accenture AWS Business Group, the firms will now collaborate to create solutions that use… Read More

Business Decisions and Company Spending Being Influenced by AI Adoption : Research

Every business-related decision is ultimately a spend decision, according to an update from Zip. If we look more closely at spend, then we can get a snapshot of what matters most: the priorities, risks, as well as strategies that could shape the future. Zip’s ‘State… Read More

Juniper Square Introduces AI CRM for Private Markets Investors

Juniper Square has announced the launch of its AI CRM for Investor Relations – the CRM is built for private markets funding. The AI CRM for Investor Relations uses JunieAI to automate manual tasks, “enrich investor data, and surface insights to help investor relations teams… Read More

Bricklayer AI Raises $5 Million Seed Round

Bricklayer AI has raised $5 million in seed financing, according to a company statement. Bricklayer AI is an agentic cybersecurity platform that aims to enable teams of AI agents that work like security analysts, automating actions from alert triage to incident response and working together… Read More

AI Firm Databricks is the Next Mirror Token Listed on Republic

Following its first Mirror Token for securities tied to the price of shares in SpaceX (rSpaceX), Republic is now selling securiites that are referenced to Databricks (rDBRCK), an artificial intelligence (AI) platform that recently raised a significant funding round. The offering is available on both… Read More

British Columbia to Ban New Bitcoin and Crypto Mining Projects

British Columbia, which is one of Canada’s largest provinces in terms of overall population, recently noted that it intends to place a complete ban on any new Bitcoin and cryptocurrency mining operations. British Columbia said that it aims to prevent such initiatives from connecting with… Read More

Nuvei to Support Visa’s Trusted Agent Protocol for AI Agents

This week, Nuvei announced its support for the launch of Trusted Agent Protocol, a new framework developed by Visa that enables merchants to recognize and transact with trusted AI agents securely. Trusted Agent Protocol is part of Visa Intelligent Commerce (VIC), a global framework designed to help… Read More

SecureLend Targets Community Banks With AI Lending Platform

SecureLend this week announced the commercial launch of its AI-powered lending platform, designed to make loan origination up to 10 times faster and 60% more cost-efficient for community banks, factoring companies, and alternative lenders. The Delaware-based fintech said it is the first to introduce a large language model (LLM)-agnostic architecture, enabling institutions… Read More

Figure Introduces AI enabled DSCR Loan Platform

Figure (NASDAQ:FIGR) introduced its AI-powered Debt Service Coverage Ratio (DSCR) loan platform, expanding its blockchain-powered capital marketplace into one of the fastest-growing — and “most underserved” — segments of housing finance.  As competition increases and demand for efficiency rises, the platform brings automation to a… Read More

Send this to a friend