Artificial Intelligence

August 3, 2025 @ 4:12 pm By Tony Zerucha  |  

Retab, a San Francisco-based startup, has secured $3.5 million in pre-seed funding and launched a platform focusing on document AI. The round was backed by leading early-stage funds including VentureFriends, Kima Ventures, and K5 Global, alongside Eric Schmidt (via StemAI), Olivier Pomel (CEO, Datadog), and… Read More

August 2, 2025 @ 4:00 pm By Michael Wong  |  

The Securities and Exchange Commission (SEC) has launched a dedicated task force to accelerate the responsible adoption of artificial intelligence across the agency, aiming to enhance innovation, operational efficiency, and regulatory capabilities. Valerie Szczepanik has been appointed as the SEC’s first Chief AI Officer and… Read More

August 2, 2025 @ 3:41 pm By Omar Faridi  |  

The latest PitchBook Global Markets Snapshot offers an overview of the evolving dynamics in equity, debt, and commodities markets, alongside key developments in private markets. As global economies grapple with macroeconomic uncertainties, geopolitical tensions, and shifting investment trends, this report provides insights into market performance,… Read More

August 1, 2025 @ 10:19 am By Omar Faridi  |  

The artificial intelligence sector continues to redefine the technological landscape, with the second quarter of 2025 showcasing unprecedented activity, according to the State of AI Q2’25 Report by CB Insights. From many new mergers and acquisitions (M&A) to considerable revenue multiples and the growing dominance… Read More

August 1, 2025 @ 9:01 am By Omar Faridi  |  

NatWest Group announced it is working with Google Cloud as part of a collaboration that supports the bank’s focus on helping businesses to grow and adapt to the rapid pace of technological change. The collaboration will see Google Cloud “support entrepreneurs on NatWest’s Accelerator with access… Read More

July 31, 2025 @ 11:05 am By Omar Faridi  |  

PwC and its alliance partner, Harvey, have extended access to their co-developed technology, giving clients access to M&A products and services. Harvey, powered by PwC is in use by PwC’s M&A, tax and legal professionals and is “being licensed to clients across its global network.”… Read More

July 30, 2025 @ 4:08 pm By JD Alois  |  

The House Financial Services Committee, along with the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, have joined to introduce legislation that aims to support the usage of Artificial Intelligence (AI) in financial services. According to a public statement, the bill, the Unleashing AI… Read More

July 30, 2025 @ 8:34 am By JD Alois  |  

Legion, a browser-native AI Security Operations Center (SOC), is reporting a $38 million Seed round while emerging from stealth mode. The company notes that it has previously raised an early seed round. According to a note from the company, funding was led by Coatue, with… Read More

July 29, 2025 @ 10:15 pm By Omar Faridi  |  

Artificial intelligence is reshaping the way independent Registered Investment Advisors (RIAs) operate, and a survey by Interactive Brokers reveals optimism about its role. The survey highlights how RIAs are embracing AI as a tool to enhance efficiency, client engagement, and business growth, rather than viewing… Read More

July 29, 2025 @ 10:34 am By Omar Faridi  |  

In the an environment that’s becoming immersed in artificial intelligence and digital identity, World Network continues to lead with innovative solutions that prioritize human verification, privacy, and inclusivity. Marking its second year, World Network has reportedly achieved key milestones, from expanding its global reach to… Read More

July 29, 2025 @ 9:00 am By JD Alois  |  

Artificial Intelligence (AI) powered firm Sparrow has raised $35 million in Series B funding, according to a note from the firm. The funding was led by SLW, with backing from Greg Brockman (OpenAI), SHRM, and Jeffrey Katzenberg, founder of DreamWorks. Sparrow is a firm that… Read More

July 29, 2025 @ 8:37 am By Omar Faridi  |  

In a shifting economic landscape, finance teams are demonstrating greater preparedness to navigate uncertainty compared to the tumultuous days of 2020, according to the 2025 Economic Sentiment Survey conducted by AvidXchange, Inc. The survey, which polled 709 finance professionals, highlights a significant evolution in how… Read More

July 29, 2025 @ 5:47 am By Omar Faridi  |  

Western Australia has solidified its position as one of the nation’s top-performing economies for the fourth consecutive quarter, according to the July 2025 CommSec State of the States report. Meanwhile, the Commonwealth Bank of Australia (CBA) is making significant strides in artificial intelligence (AI) research,… Read More

July 29, 2025 @ 1:01 am By Omar Faridi  |  

Airwallex, a global Fintech platform, has made significant progress this year, reinforcing its mission to enable businesses with digital financial services. The company recently announced the launch of its Airwallex Yield product in Singapore, following regulatory approval from the Monetary Authority of Singapore (MAS), and… Read More

July 28, 2025 @ 11:54 am By JD Alois  |  

In what is being touted as the largest European AI deal yet, Cognigy has been acquired by NiCE for a reported $955 million. Cognigy is an agentic AI platform for customer service. NiCE also offers AI-powered customer experience solutions. Venture investors are expected to receive… Read More

July 28, 2025 @ 9:00 am By Omar Faridi  |  

ThetaRay, a provider of Cognitive AI financial crime compliance technology, announced the launch of its Self-Service Rule Builder and Simulator, two tools enhancing its transaction monitoring solution, “enabling compliance teams to create, test, and optimize anti-money laundering (AML) rules faster, with full autonomy and control.”… Read More

July 28, 2025 @ 6:05 am By Omar Faridi  |  

Adyen (AMS: ADYEN) has released its 2025 Hospitality and Travel Report, providing insights into trends reshaping the hospitality industry. Released recently, the report highlights the pivotal role of seamless payment experiences and the influence of artificial intelligence (AI) in enhancing guest satisfaction and driving business… Read More

July 27, 2025 @ 10:13 pm By Michael Wong  |  

Singapore-based robotics software firm Augmentus has secured $11 million in a Series A+ funding round to scale deployment of its no-code, AI-driven robotic systems for industrial automation. The round was led by Woori Venture Partners, with participation from Singapore government-backed EDBI. Existing investors Sierra Ventures… Read More

July 27, 2025 @ 6:14 pm By Tony Zerucha  |  

  JPMorgan’s plans for data tariffs, which run contrary to a growing move to open data, threaten to kneecap Fintechs. Luckily, many industry participants, led by Fintech Sandbox, see a more collaborative path where everybody wins. Co-founder Sarah Biller said that, like most businesses, Fintech… Read More

July 27, 2025 @ 10:25 am By Michael Wong  |  

Spear AI, a Washington, DC-based company specializing in artificial intelligence solutions for the maritime sector, has closed a seed funding round backed by Scare the Bear Capital and Cortical Ventures. The amount raised was not disclosed. Founded in 2021, the company develops a suite of… Read More