Artificial Intelligence

June 12, 2025 @ 9:12 am By Tony Zerucha  |  

While President Donald Trump’s goal of making the United States “The Crypto Capital of the World” is laudable, cybersecurity experts warn that the pursuit will have unintended consequences. They include a proliferation of tech-enabled strategies, such as Fraud-as-a-Service (FaaS). AU10TIX chief business development officer Ofer… Read More

June 12, 2025 @ 5:19 am By Omar Faridi  |  

Starling Bank customers can now use Artificial Intelligence (AI) to better understand their spending habits. The UK-first feature, called ‘Spending Intelligence’, allows customers to ask questions about their money, such as “How much did I spend on groceries last week?” or ”How much did I… Read More

June 11, 2025 @ 9:41 am By JD Alois  |  

This week, the UK Financial Conduct Authority revealed a new Sandbox, the Supercharged Sandbox, in partnership with NVIDIA, in a move designed to fuel artificial intelligence (AI) growth. The UK has been a trailblazer in creating Fintech sandboxes as a way for innovators to experiment… Read More

June 10, 2025 @ 12:30 pm By JD Alois  |  

Plug and Play has announced a $50 million Fintech and AI Fund, revealed at the Silicon Valley June Summit 2025. According to a note from Plug and Play, nine institutional investors are providing the money for the fund. Plug and Play notes that it currently… Read More

June 10, 2025 @ 7:49 am By Omar Faridi  |  

In a key move to capitalize on the booming artificial intelligence sector, Liquidity, a private credit firm specializing in AI-driven ventures, has announced the establishment of its new headquarters in London alongside a substantial £1.5 billion investment plan targeting the UK’s technology landscape. This strategic… Read More

June 9, 2025 @ 9:41 am By JD Alois  |  

Online investment platform OurCrowd is reporting that its Artificial Intelligence (AI) fund has now invested in 20 different firms. While OurCrowd enables smaller investors to support single issuers, frequently investing alongside well-known VCs, the platform holds a growing number of funds providing immediate diversity for… Read More

June 9, 2025 @ 3:00 am By JD Alois  |  

Artificial intelligence (AI) is all the rage today, with expectations that all sectors of industry will be transformed as software takes over both mundane and complex tasks. While there remains an element of concern as to how AI could develop, perhaps becoming “self-aware,” the reality… Read More

June 8, 2025 @ 4:52 am By Michael Wong  |  

UBTECH Education, in partnership with the Centre for Information Technology in Education (CITE) under the University of Hong Kong’s Faculty of Education, has formally launched the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) Artificial Intelligence Education Development Initiative. The program is set to transform AI education… Read More

June 7, 2025 @ 5:36 pm By Omar Faridi  |  

KPMG has noted that generative AI is becoming an integral part of German companies. KPMG also recently mentioned that “91% of companies now see it as crucial to their business model and future value creation – compared to 55% in the previous year.” This was… Read More

June 7, 2025 @ 5:30 pm By Omar Faridi  |  

To facilitate the development and deployment of generative AI use cases in its businesses and functions, BNP Paribas has designed and deployed an internal LLM as a Service platform. Operated by the Group’s IT teams, this technology, allows each entity to access a selection of… Read More

June 7, 2025 @ 5:25 pm By Michael Wong  |  

Artificial intelligence is playing a growing role in the way consumers shop across Asia Pacific, with more than a third now relying on AI tools to assist with purchase decisions, according to Adyen’s 2025 Annual Retail Report. Based on a survey of 41,000 consumers in… Read More

June 6, 2025 @ 5:56 pm By Omar Faridi  |  

Feedzai, the global firm focused on AI-native financial crime prevention, announced the launch of Feedzai IQ, a new family of solutions that enables network fraud intelligence without compromising customer privacy. Leveraging insights from hundreds of FIs across four continents and “over $8 trillion in annual… Read More

June 6, 2025 @ 5:30 pm By Omar Faridi  |  

In a bid to accelerate the integration of Artificial Intelligence (AI) across the bank, CommBank has completed migrating its data platform to Amazon Web Services (AWS), its cloud provider. The scalable data platform will integrate with other channels across the bank to help “drive faster,… Read More

June 6, 2025 @ 1:26 pm By JD Alois  |  

Mexican Insurtech Crabi has raised $13.6 million in a funding round led by Kaszek and Ignia. Other investors include 30N, Redwood, Carao, Azuro, Newtopia, and certain unnamed insiders. Crabi is pursuing an insurance model for Autos, which is said to be AI-driven. Crabi noted that… Read More

June 5, 2025 @ 2:24 pm By Omar Faridi  |  

Accenture (NYSE: ACN) announced expanded support for high-potential AI startups with a new engagement initiative, established through Accenture Ventures with support from NVIDIA Inception. This collab is reportedly designed “to accelerate startup growth and innovation by closing a gap early-stage companies face—moving from breakthrough ideas… Read More

June 5, 2025 @ 10:40 am By JD Alois  |  

Venture capital is investing in data centers as part of an infrastructure play targeting the Artificial Intelligence (AI) sector. While private markets ebb and flow with one sector hot today, and cold tomorrow, AI has a pretty huge runway, and private investors are taking advantage… Read More

June 5, 2025 @ 9:01 am By Tony Zerucha  |  

Over his 30-plus years in business and venture capital, Tal Elyashiv has learned how to spot important trends, and he believes we’re in the early stages of a Quantum Revolution that will change the world. Elyashiv explains why in Investing in Revolutions, which is interesting… Read More

June 5, 2025 @ 8:53 am By Omar Faridi  |  

AI is making workers more valuable, productive, and able to command higher wage premiums, with job numbers rising even in roles considered most automatable, according to PwC’s 2025 Global AI Jobs Barometer, released today. The report is based on analysis of “close to a billion… Read More

June 5, 2025 @ 8:52 am By Omar Faridi  |  

Accenture (NYSE: ACN) has invested, through Accenture Ventures, in Reserv, an insurance claims processing company that complements deep claims expertise with innovative AI-driven solutions. The investment will also enable the two companies to collaborate on solutions that increase “accuracy and efficiency throughout the claims ecosystem,… Read More

June 2, 2025 @ 11:55 pm By Omar Faridi  |  

Schroders Capital, the $99.3 billion private markets business of Schroders, has successfully raised over $600 million at the final close of its Schroders Capital Private Equity Global Innovation XI Fund. The latest fundraise has attracted global investors “including pension funds, insurance companies, foundations and family… Read More