Artificial Intelligence

June 2, 2025 @ 7:54 pm By Omar Faridi  |  

The global economic landscape is undergoing significant shifts, as highlighted by recent analyses from the International Monetary Fund (IMF). Several key updates from the IMF including the impact of escalating public debt, vulnerabilities in government bond markets, and the surging energy demands of artificial intelligence… Read More

June 2, 2025 @ 12:17 pm By Tony Zerucha  |  

Transcard has announced a strategic partnership with Thredd to support the rapid global expansion of the SMART Suite, a fully embedded and automated AI payment orchestration platform. Now live in Canada and soon in the UK, the partnership expands payment method optionality for customers and recipients for… Read More

June 1, 2025 @ 10:43 pm By Michael Wong  |  

Alph.AI, a decentralized trading platform tailored for meme coin enthusiasts, has officially launched with $2 million in strategic funding led by crypto exchange Bitrue, according to an announcement. The platform aims to give retail traders advanced analytics, near-instant trading execution, and institutional-grade wallet security in… Read More

June 1, 2025 @ 6:43 pm By Tony Zerucha  |  

Quranium, an infrastructure built to incorporate quantum security, AI-native intelligence, and blockchain trust, has launched its testnet. The Convergence Layer combines: Quantum security: Uncrackable by quantum computers, using NIST-approved SLHDSA signatures and ML-KEM encryption. AI-native design: On-chain autonomous agents that audit, deploy, govern, and evolve… Read More

June 1, 2025 @ 5:33 pm By Michael Wong  |  

Grammarly has secured $1 billion in funding from General Catalyst to support the expansion of its AI productivity platform, as the company seeks to broaden its enterprise footprint and accelerate product innovation following its acquisition of Coda earlier this year. The latest investment was made… Read More

June 1, 2025 @ 5:15 pm By Omar Faridi  |  

In 2024, the cryptocurrency industry witnessed an unprecedented surge in scams, with revenues potentially reaching a record-breaking $12.4 billion, according to blockchain analytics firm Chainalysis. The rise of artificial intelligence (AI) and the proliferation of “pig butchering” scams have significantly contributed to this alarming trend,… Read More

May 31, 2025 @ 6:22 pm By Michael Wong  |  

Snorkel AI, a provider of AI data development tools, has raised $100 million in Series D funding at a $1.3 billion valuation to accelerate the creation and evaluation of specialized enterprise AI systems. The round was led by Addition, with participation from Prosperity7 Ventures, existing… Read More

May 31, 2025 @ 3:18 pm By Omar Faridi  |  

Westpac has built new AI technology which will revolutionise its customer support capabilities, including improving the bank’s ability to detect if a customer is being scammed. A first of its kind in Australia, the real-time call assistant technology is being integrated “within the bank’s frontline… Read More

May 31, 2025 @ 3:15 pm By Omar Faridi  |  

The artificial intelligence (AI) evolution is reshaping industries, and the world’s top three cloud providers—Amazon, Microsoft, and Alphabet—are at the forefront of this transformation. As AI workloads surge, these cloud providers are investing to capture market share and monetize the demand for computing power. According… Read More

May 31, 2025 @ 3:10 pm By Omar Faridi  |  

AMPC, or anonymized multi-party computation, has launched.  It is the open source quantum secure multi-party computation (SMPC) setup from World that “anonymizes and securely protects the iris codes of orb-verified World ID holders.” It leverages NVIDIA H100 GPUs as the main compute platform “to enable… Read More

May 30, 2025 @ 7:50 am By Omar Faridi  |  

PensionBee, a UK firm focused on the consumer retirement market, has found significant public support for a shareholder resolution urging Meta to address growing concerns over “how it uses personal data to power its AI systems.” The poll found that more than 50% of respondents… Read More

May 29, 2025 @ 8:38 am By JD Alois  |  

Eunice is entering the stablecoin sector by offering a due diligence and monitoring service. Founded in 2022, Eunice is a B2B AI solutions provider for the digital asset sector. Eunice’s platform supports token classification, risk analysis, and asset disclosure requirements. As the stablecoin sector is… Read More

May 28, 2025 @ 11:42 am By Omar Faridi  |  

Deloitte announced the launch of its Global Agentic Network to help scale AI-driven digital workforce capabilities in organizations around the world. The initiative leverages Deloitte’s global alliances and technology relationships to create “a connected ecosystem of AI business agent offerings, which will augment and automate… Read More

May 25, 2025 @ 4:11 pm By Omar Faridi  |  

Vouched, the enabler of AI-powered identity verification, announced the launch of several initiatives to ensure the coming ecosystem of AI Software Agents is built on “a foundation of strong identity and trust.” These include Agent Reputation Directory, a solution designed “to address the gap in… Read More

May 25, 2025 @ 3:55 pm By Tony Zerucha  |  

The LexisNexis Risk Solutions Cybercrime Report concisely describes how fraud has evolved over the past two years. First-party fraud, for one, surged in 2024, with BNPL and financial services companies popular targets. Fraudsters’ attack modes are also changing. In 2023, the top three types were… Read More

May 24, 2025 @ 2:12 pm By Omar Faridi  |  

OP Financial Group, the largest banking group of Finland, and Accenture (NYSE: ACN) have expanded their existing partnership to modernize OP’s non-life insurance business division, Pohjola Insurance. The collaboration builds on the firms’ work together in the banking sector and will “transform OP’s insurance business… Read More

May 23, 2025 @ 10:19 pm By Michael Wong  |  

Google Cloud has unveiled a comprehensive suite of artificial intelligence (AI) initiatives aimed at accelerating Indonesia’s digital economy in support of the government’s Indonesia Emas 2045 vision. The move comes alongside the expansion of Google Cloud’s Jakarta region infrastructure to meet rising demand for enterprise-grade… Read More

May 23, 2025 @ 7:15 pm By Tony Zerucha  |  

Pay-i, a value-intelligence platform, announced $4.9 million in seed funding to address enterprise spending on GenAI. The round was co-led by Fuse Partners and Tola Capital, with participation from Firestreak, Pear VC, Gaia Capital, and angel investors from Fortune 100 companies. Today, most teams still… Read More

May 23, 2025 @ 7:07 pm By Omar Faridi  |  

BBVA is launching a new version of its app in Spain, with a unique native code that is “scalable and exportable” to all countries where the bank operates. This technological overhaul, which includes “an artificial intelligence (AI) integration, marks a turning point in digital banking.”… Read More

May 23, 2025 @ 12:39 pm By Omar Faridi  |  

Azentio Software, a technology enabler in the BFSI space, announces the launch of its Amlock anti-money laundering (AML) platform, bringing capabilities to financial institutions in the fight against financial crime. Enabled by advanced AI and machine learning, Amlock is “designed to significantly improve detection accuracy,… Read More