Artificial Intelligence

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

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