Artificial Intelligence

August 10, 2025 @ 7:43 pm By Omar Faridi  |  

The venture capital ecosystem for artificial intelligence continues to evolve rapidly, as highlighted in PitchBook’s Q2 2025 AI VC trends update. This report underscores AI’s pivotal role in driving global tech advancements, with significant investment activity shaping the sector’s trajectory. In Q2 2025, AI and… Read More

August 10, 2025 @ 5:24 pm By Omar Faridi  |  

The insurance industry is undergoing a seismic shift, driven by the integration of artificial intelligence and digital technologies. The Global InsurTech Report for Q2 2025, released by Gallagher Re, provides a comprehensive analysis of these trends, focusing on AI’s transformative impact on property insurance, InsurTech… Read More

August 9, 2025 @ 11:09 am By Omar Faridi  |  

KPMG LLP announced initiatives to help customers deploy and manage AI agents that transform enterprise data management and business processes. KPMG is making investments in AI and “helping organizations create and deploy AI agents to fit their business needs with Oracle Cloud Infrastructure (OCI) Generative… Read More

August 9, 2025 @ 10:05 am By Tony Zerucha  |  

From the SEC’s comments on liquid staking to the CFTC spotlighting spot crypto trading on registered exchanges and Trump’s rate cut call, Web3 was busy talking about government affairs this week. And what would a week be without some AI talk? SEC comments on liquid… Read More

August 8, 2025 @ 4:59 pm By Tony Zerucha  |  

Arcade.dev, a unified agent action platform that makes AI agents production-ready, and Lithic, a card processing platform, are partnering to develop an AI e-commerce application capable of making secure, authenticated payments. The partnership will launch shopping agents that can search, compare products, and check out… Read More

August 8, 2025 @ 12:07 pm By Omar Faridi  |  

Accenture (NYSE: ACN) announced an investment in YearOne, a company that helps organizations accelerate software development through its data-driven software engineering intelligence platform. As part of the investment led by Accenture Ventures, Accenture will collaborate with YearOne to help businesses “accelerate the lifecycle of digital… Read More

August 8, 2025 @ 8:11 am By Tony Zerucha  |  

QuamCore, a deep-tech startup tackling quantum computing’s hardest scalability challenges, announced a $26 million Series A, bringing total funding to $35 million. The round was led by Sentinel Global, with participation from Arkin Capital, as well as existing investors Viola Ventures, Earth & Beyond Ventures, Surround Ventures, Rhodium,… Read More

August 8, 2025 @ 7:50 am By Omar Faridi  |  

eToro Group Ltd. (NASDAQ: ETOR), a trading and investing platform, has announced how the company is harnessing artificial intelligence to enhance social investing. eToro is launching a suite of AI tools that will “transform social investing by creating a community-built marketplace for investing built on… Read More

August 8, 2025 @ 2:10 am By Tony Zerucha  |  

Cybersecurity firm NordVPN is warning users about “slopsquatting“, where Artificial Intelligence (AI) can accidentally create fake websites for cybercriminals, who use them for illegal activities. Hackers exploit AI-generated hallucinations to create fake domains and malicious code, putting users at a higher risk than ever before…. Read More

August 7, 2025 @ 7:00 pm By Omar Faridi  |  

The Insurtech sector in Q2 2025 showcased a dynamic interplay of resilience and adaptation, as detailed in the CB Insights Insurtech report. Despite a persistent decline in deal volume, global insurtech funding surged to $1.6 billion, marking a 23% quarter-over-quarter (QoQ) increase and the strongest quarterly… Read More

August 7, 2025 @ 6:54 pm By Omar Faridi  |  

The rise of artificial intelligence (AI) continues to reshape industries and governments, with businesses and public sector organizations investing heavily in the technology. However, recent surveys from Ernst & Young LLP (EY US) reveal a complex landscape where enthusiasm for AI is tempered by significant… Read More

August 7, 2025 @ 6:38 pm By Tony Zerucha  |  

Blue J, a GenAI tax research platform, has raised $122 million in a Series D funding round led by Oak HC/FT and Sapphire Ventures, with participation from Intrepid Growth Partners and previous investors Ten Coves Capital and CPA.com. The nine-figure raise comes seven months after Blue… Read More

August 7, 2025 @ 1:31 am By Omar Faridi  |  

Accenture (NYSE: ACN) has made a strategic investment, through Accenture Ventures, in Snorkel AI to help enterprises build and scale AI solutions more quickly by curating high-quality datasets for training and evaluating AI models. Designed for the era of agentic AI, Snorkel’s platform “uses automation… Read More

August 6, 2025 @ 1:15 pm By Omar Faridi  |  

In the nascent ecosystem of cryptocurrency, where illicit activities like scams, hacks, and money laundering are becoming increasingly sophisticated, law enforcement and investigators face mounting challenges. The complexity of blockchain technology often demands specialized expertise, creating bottlenecks that delay critical investigations. By leveraging Chainalysis Rapid,… Read More

August 5, 2025 @ 10:51 pm By Michael Wong  |  

Mubadala Capital, the asset management arm of Abu Dhabi’s Mubadala Investment Company, has joined a $150 million Series C funding round in Anaconda Inc., a US-based provider of open-source infrastructure for artificial intelligence (AI) and data science. The round was led by New York-based growth… Read More

August 5, 2025 @ 8:28 am By Tony Zerucha  |  

iCover Direct, a consumer-facing life insurance platform powered by a proprietary AI underwriting engine, released results of a survey showing that 65.3% of consumers say AI-driven personalization would “greatly” or “moderately” increase their interest in purchasing life insurance, while 65.1% said they are “extremely” or… Read More

August 5, 2025 @ 8:26 am By Tony Zerucha  |  

Kuvi.ai, the platform behind Agentic Finance, has announced the successful completion of its $700,000 seed round, led by Moon Pursuit Capital, and the expansion of its strategic round, which is now oversubscribed. Recent additions include crypto investor Michael Terpin of Transform Ventures and Web3 educator… Read More

August 4, 2025 @ 3:42 am By Omar Faridi  |  

CaixaBank is leveraging artificial intelligence and advanced digital solutions to foster innovation and expand its global reach. Recent initiatives—its AI-driven transformation and the launch of HolaBank Connecta—highlight the bank’s commitment to integrating technology with customer-centric services, positioning it as a key player in Spain’s economic… Read More

August 4, 2025 @ 1:25 am By Omar Faridi  |  

Digital bank Monzo continues to focus on leveraging data strategies with the aim to enhance customer experiences and operational efficiency. Recent updates from UK’s digital bank Monzo highlight their approach to product development: the implementation of a reactive fraud prevention platform and a shift from… Read More

August 3, 2025 @ 10:48 pm By Michael Wong  |  

Taiwan-based artificial intelligence (AI) data center infrastructure firm Zettabyte has raised new strategic funding from Lam Capital, the corporate venture arm of U.S.-based semiconductor equipment supplier Lam Research Corp. The funding round also included participation from major Taiwanese electronics manufacturers Foxconn, Pegatron, and Wistron, the… Read More