Artificial Intelligence

September 12, 2025 @ 9:54 am By JD Alois  |  

OpenAI, a leading artificial intelligence platform and operator of ChatGPT, will enable insiders to sell approximately $10 billion in shares at a valuation of around $500 billion. OpenAI was previously priced at a valuation of $300 billion earlier this year. The company has been growing dramatically and is… Read More

September 11, 2025 @ 5:37 pm By Omar Faridi  |  

Fintech Dave Inc. (Nasdaq: DAVE), a US based neobank, continues to focus on the fintech sector with its advancements in AI-driven financial services, shareholder initiatives, and steady financial performance. As mentioned in the update from neobanking platform Dave, the company announced the full implementation of… Read More

September 11, 2025 @ 1:37 am By Tony Zerucha  |  

Bluwhale, a decentralized intelligence network powering AI agents across blockchains, has launched a digital financial health dashboard aimed at Gen Z navigating a hybrid world of digital assets and traditional finance. Whale Score combines and analyzes crypto, stablecoins, staking income, digital assets, cash, and traditional… Read More

September 10, 2025 @ 2:20 am By Michael Wong  |  

LineWise, a US-based startup developing an AI-powered “virtual engineer” for manufacturers, said it has raised $1.1 million in pre-seed funding from A2D Ventures, Y Combinator and a group of global investors. The round, which also included Exitfund, REMUS Capital, SBXi Fund and Team Ignite Ventures,… Read More

September 10, 2025 @ 12:18 am By Omar Faridi  |  

In the fast-paced industry of software development, artificial intelligence has become a key part of the process, aiming to improve coding processes and boost productivity. However, a newly uncovered security flaw is becoming a serious concern, particularly for cryptocurrency platforms like Coinbase. Cybersecurity professionals at… Read More

September 9, 2025 @ 9:36 pm By Tony Zerucha  |  

As the financial and insurance industries race toward an estimated $97 billion in artificial intelligence (AI) spending by 2027, up from $35 billion in 2023, they face some of the highest AI risk exposures of any sector. Cybernews research into S&P 500 companies identified 158… Read More

September 9, 2025 @ 8:35 pm By Tony Zerucha  |  

As struggling consumers increasingly seek guidance on a wide range of financial topics from budgeting to investing, many are turning to artificial intelligence (AI) tools for help. A J.D. Power study also found that with prices on consumer goods increasing at the fastest rate in five… Read More

September 9, 2025 @ 6:03 pm By Omar Faridi  |  

Deloitte announces the launch of its global AI Infrastructure Center of Excellence, dedicated to supporting clients in establishing and operating specialized AI data centers. This initiative comes in response to “client demand for scalable, secure, and efficient AI infrastructure solutions, fueled by the growth of… Read More

September 9, 2025 @ 4:15 pm By Omar Faridi  |  

In an era where AI is reshaping industries, not all small business owners are  shying away from the technology’s rise. Instead, they appear to be leaning in, using it to amplify their limited resources and compete on a bigger stage. Eyal Lifshitz, CEO of Bluevine—the… Read More

September 9, 2025 @ 9:45 am By Omar Faridi  |  

iCapital, the global fintech shaping focused on improving investing, announced an investment in, and partnership with, Tangible Markets, a liquidity solutions provider for private market positions held via wealth management channels. Together, the firms will develop scalable liquidity solutions “for alternative investment funds – helping… Read More

September 9, 2025 @ 9:00 am By Tony Zerucha  |  

For Fintechs, LatAm is a region of opportunity, but also significant challenges. With each country seemingly at its own stage of development, there is plenty of work to do on a national level before LatAm can grow as one. Nisum Chile general manager Sebastian Martinez… Read More

September 8, 2025 @ 8:21 am By Michael Wong  |  

Geniez AI, a startup developing technology to integrate artificial intelligence with legacy mainframe systems, said it raised $6 million in seed funding co-led by StageOne Ventures and Canapi Ventures. The company’s platform, according to the announcement, enables large language models and AI agents to access… Read More

September 7, 2025 @ 8:47 pm By Omar Faridi  |  

The tech sector is witnessing a significant shift, with private companies staying private longer and attracting late-stage funding, particularly in artificial intelligence. This, according to a report from CB Insights. August 2025 marked a pivotal moment for the industry, as mega-rounds—funding deals exceeding $100 million—continued… Read More

September 7, 2025 @ 8:26 pm By Tony Zerucha  |  

Spinwheel, an agentic AI-powered credit data and payments platform, has received a strategic investment from Citi Ventures. The funding will support Spinwheel’s continued go-to-market growth, expand its agentic AI platform, and build out its data sets and product offerings. In addition, Citi Ventures will advise… Read More

September 7, 2025 @ 3:50 pm By Tony Zerucha  |  

EC-Council, a provider of cybersecurity education and creator of the Certified Ethical Hacker (CEH) credential, has confirmed a $20 million-plus investment in FireCompass, an AI-powered offensive security platform. This move is part of EC-Council’s $100 million Cybersecurity Innovation Commitment, created to accelerate the development of… Read More

September 6, 2025 @ 11:25 am By Omar Faridi  |  

Bank of America (NYSE: BAC) continues to drive product development in financial services, addressing evolving consumer needs through enhanced employee benefits, cutting-edge AI technology, and tailored financial products. Recent announcements highlight the bank’s commitment to enable clients and employees, with significant updates including a doubling… Read More

September 4, 2025 @ 4:50 pm By Omar Faridi  |  

Ernst & Young LLP (EY) announced the establishment of a new Databricks Center of Excellence in Mexico City, Mexico, underscoring its commitment to advanced data analytics and artificial intelligence. This investment expands the firm’s current US-based Databricks Center of Excellence to Mexico for “nearshore global… Read More

September 4, 2025 @ 3:30 pm By Tony Zerucha  |  

While ratios and messaging surrounding Visa’s looming VAMP program have changed, one message is clear: acquirers and merchants should look to technology to stay in Visa’s good books. Beginning Oct. 1, Visa begins enforcement of the Visa Acquirer Monitoring Program (VAMP). It combines fraud and… Read More

September 4, 2025 @ 8:58 am By Omar Faridi  |  

Jumio, the enabler of AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights, released findings from its 2025 Online Identity Study. As students head back to school and engage “with more digital platforms than ever, new data spotlights a pivotal shift: today’s most… Read More

September 3, 2025 @ 10:07 am By JD Alois  |  

Pave Finance has raised $14 million in Seed financing in a funding round that was said to be oversubscribed. Pave, which just announced its commercial launch, is an artificial intelligence (AI) platform for personalized wealth management. The funding was said to come from former executive… Read More