Artificial Intelligence

February 4, 2025 @ 1:29 am By Omar Faridi  |  

Preqin, the global firm focused on alternatives data and key industry insights, released its Venture Capital Q4 2024 (the Preqin Quarterly Update report). The research report highlights that global venture capital deal value was “up 61% quarter-on-quarter in Q4 2024, to $87.4bn from $54.2bn in… Read More

February 3, 2025 @ 4:12 pm By Michael Wong  |  

TeamSec, a company that claims to be the world’s first AI-powered securitization platform, has raised $7.6 million through a joint investment led by Deniz Ventures, the venture capital arm of DenizBank, and Doha-based Rasmal Ventures. The funding round, executed under the Emirates NBD Innovation Fund—the… Read More

February 3, 2025 @ 11:01 am By Omar Faridi  |  

NatWest Group has made a minority investment in Serene, an early-stage AI platform focused on addressing financial vulnerability. Through real-time customer insights driven by AI and behavioral science, the platform “detects early signs of financial distress and predicts risks to help financial institutions deliver personalized,… Read More

February 3, 2025 @ 8:10 am By Omar Faridi  |  

Lloyds Banking Group has announced important updates that focus on enhancing its artificial intelligence (AI) related capabilities. Lloyds Banking Group appointed Magdalena Lis as Head of Responsible Artificial Intelligence (AI), starting on 3 February 2025. This follows the appointment of Dr Rohit Dhawan as Director… Read More

February 2, 2025 @ 5:53 pm By Omar Faridi  |  

Euroclear has announced a 7-year partnership with Microsoft (NASDAQ:MSFT) to transform Euroclear clients’ experience and drive new opportunities for growth. The partnership strengthens Euroclear’s business ecosystem and technology infrastructure by leveraging Microsoft’s tech, expertise and cloud services. This will enhance Euroclear’s ability to create value… Read More

February 2, 2025 @ 5:44 pm By Michael Wong  |  

InfiniVAN Inc., a telecommunications arm of IPS, Inc., has joined forces with Maybank Philippines Inc. in a bid to upgrade the bank’s financial services and enhance its security framework through advanced internet solutions. The collaboration follows the successful completion of the Philippine Domestic Submarine Cable… Read More

February 1, 2025 @ 8:42 am By Omar Faridi  |  

A recent report from CBInsights highlights the significant growth and transformation in the artificial intelligence (AI) landscape in 2024. Key trends and findings from the research reports include: Record funding: Private AI companies raised a record $100.4B in 2024, with mega-rounds accounting for 69% of… Read More

January 31, 2025 @ 12:28 pm By Omar Faridi  |  

OKX has released a comprehensive report, “The State of DEXs 2025,” which provides an in-depth analysis of the evolving decentralized exchange (DEX) landscape and its role in shaping the on-chain economy. The report highlights the rapid growth of DEXs, driven by innovation, accessibility, and decentralization…. Read More

January 30, 2025 @ 5:08 am By Omar Faridi  |  

PitchBook noted in a new report that the infrastructure software as a service (SaaS) sector has experienced significant growth, driven by the increasing adoption of digital transformation, Big Data, and advanced technologies like large language models. The report from PitchBook explained that this sector encompasses… Read More

January 29, 2025 @ 9:46 am By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, is holding steady around the $100,000 mark as investors await the Federal Open Market Committee (FOMC) meeting. After a modest 3-4% correction on Tuesday (January 28), the leading cryptocurrency rebounded, reflecting cautious optimism among investors ahead of key policy remarks…. Read More

January 27, 2025 @ 12:08 pm By Omar Faridi  |  

YZi Labs, formerly known as Binance Labs, has unveiled its rebranding, marking a significant expansion of its investment focus beyond crypto and blockchain to include Artificial Intelligence (AI) and biotechnology (biotech). Bianance describes the change as a natural progression as it has operated independently while… Read More

January 27, 2025 @ 10:20 am By JD Alois  |  

DeepSeek is cratering markets this morning as the alternative to ChatGPT, Grok, Gemini, etc.; it is said to provide better results, use fewer resources, and is (for the moment) open source and free for light usage and prices modest for more resource intense requests. Nvidia… Read More

January 26, 2025 @ 7:03 pm By Omar Faridi  |  

CBInsights conducted a survey with 50 senior strategy professionals to examine their approaches to generative AI (genAI) implementation and understand why some teams are achieving better results than others. According to the findings, generative AI is the top technology priority for corporate strategy teams in… Read More

January 26, 2025 @ 3:32 pm By Omar Faridi  |  

Juro, a contract automation platform leveraging artificial intelligence, has announced the opening of its US headquarters in Boston. This move aims to strengthen its presence in its largest market, accelerate growth, and enhance support for its US customer base. Founded in London in 2016, Juro… Read More

January 24, 2025 @ 4:00 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed charges against the CEO of a startup artificial intelligence (AI) firm and his wife. The SEC alleges fraud involving fake audit reports and other financial documents. A criminal indictment has simultaneously been revealed, charging the duo with… Read More

January 23, 2025 @ 5:33 pm By JD Alois  |  

President Donald Trump signed an Executive Order today that aims to keep the US at the forefront of Artificial Intelligence (AI) development. The EO revokes “certain existing AI policies and directives” that have been deemed to undermine AI innovation. The goal is to clear a… Read More

January 23, 2025 @ 10:51 am By Omar Faridi  |  

Cainam Ventures, a financial technology startup, is launching a platform that aims to redefine autonomous digital asset trading. Guided by its mission to support the onramp to agentic financial portfolio construction for digital capital investors, Cainam says that it leverages artificial intelligence (AI), large language… Read More

January 23, 2025 @ 10:48 am By Omar Faridi  |  

Persona, a global identity platform, announced significant advancements in its AI-based face spoof detection capabilities. These updates strengthen Persona’s ability to detect and “prevent increasingly sophisticated generative AI fraud techniques.” AI-based face spoofs – such as deepfakes, synthetic faces, and face morphs – have “enabled… Read More

January 23, 2025 @ 10:45 am By JD Alois  |  

Egregious, an artificial intelligence (AI) firm that seeks to combat social media and other types of deception has raised $1 million in a Pre-seed round. Egregious was backed by Fuel Ventures and Oxford Capital, which led the funding. Oxford Capital focuses on EIS/SEIS-qualified firms for… Read More

January 22, 2025 @ 9:10 pm By Omar Faridi  |  

Riot Platforms (NASDAQ: RIOT) has recently launched a formal evaluation of potential AI/HPC uses for remaining 600 MW of power capacity at its Corsicana facility. Riot Platforms says that it has engaged expert consultants in order to assess AI/HPC opportunities and plans to “accelerate engagement… Read More