Artificial Intelligence

January 22, 2025 @ 7:36 am By Omar Faridi  |  

Quantexa, the global enabler of Decision Intelligence (DI) solutions for the public and private sectors, has joined the World Economic Forum’s (WEF) Innovator Community as a member of its Unicorn Program. This program unites private start-up companies valued at more than $1 billion with political,… Read More

January 21, 2025 @ 5:56 pm By JD Alois  |  

President Donald Trump took to the podium once again to reveal a significant investment targeting Artificial Intelligence development. “Largest AI Infrastructure project in history” At a press event at the White House, the President introduced Larry Ellison, CEO of Oracle, Masayoshi (Masa) Son, CEO of… Read More

January 21, 2025 @ 1:36 pm By JD Alois  |  

As one of many Executive Actions taken by President Donald Trump, the Biden Executive Action pertaining to Artificial Intelligence (AI) has been rescinded. As posted on the White House website, Executive Order 14110 of October 30, 2023 (Safe, Secure, and Trustworthy Development and Use of… Read More

January 20, 2025 @ 8:02 am By Omar Faridi  |  

A report by the UK Startup Awards, supported by Starling Bank, has fired the starting pistol for those looking to launch or join a startup business in the new year. The ‘UK Startup Report 2024’ is based on a survey of “over 1,176 businesses under… Read More

January 19, 2025 @ 10:12 pm By Omar Faridi  |  

As interest rates begin to decline, US retail investors plan to strategically adjust their portfolios, prioritizing growth sector stocks such “as healthcare & technology (24%), cash assets (22%), high-yield bonds (18%), and dividend yielding stocks (18%),” according to data from the Retail Investor Beat (RIB)… Read More

January 19, 2025 @ 8:16 pm By Omar Faridi  |  

10x Banking, the cloud-native meta core banking platform, and DLT Apps, a firm focused on solutions for data migration, have partnered to leverage AI to set a standard in the banking industry’s digital transformation efforts. This partnership offers a migration journey from legacy and non-legacy… Read More

January 18, 2025 @ 1:37 pm By Omar Faridi  |  

CyberCube, the global firm focused on cyber risk analytics, has released its 2025 Predictions Report, offering insights into the dynamics of the cyber (re)insurance market. The report identifies trends and challenges shaping the sector in the year ahead. As noted in the update from CyberCube:… Read More

January 18, 2025 @ 1:11 pm By Omar Faridi  |  

Olé Life, a Latin American insurtech company, announced that it has raised $13 million in Series B funding, led by PayPal Ventures with participation from Mundi Ventures, AV8 and Advent Morro. Olé Life explained that is focused on redefining how families access and experience financial… Read More

January 18, 2025 @ 12:54 pm By Omar Faridi  |  

Accenture (NYSE: ACN) and Meiji Yasuda Life Insurance Company have signed an agreement to collaborate on a comprehensive corporate transformation initiative that will use artificial intelligence (AI) to “reinvent how Meiji Yasuda’s workforce operates.” Under the multi-year agreement, until March 2030, Accenture will help Meiji… Read More

January 17, 2025 @ 7:41 am By Tony Zerucha  |  

The faults that contributed to the massive data leak on the NFT platform Open Sea back in 2022 came home to roost on Monday when more than seven million email addresses were publicly released. Impossible Cloud Network co-founder Kai Wawrzinek it’s a “sad indictment of… Read More

January 16, 2025 @ 7:00 pm By Omar Faridi  |  

Mini Apps are putting the power of the growing World Network community on “full display.” As noted in a blog post, there are currently more than 22 million people on World Network, including 10,247,382 verified humans. As of January 2025, Mini Apps were seeing as… Read More

January 14, 2025 @ 6:58 pm By Omar Faridi  |  

Feedzai, the global firm focused on AI-driven fraud prevention solutions, announced its partnership with Credibanco, Colombia’s payment processing company. This partnership will enable Credibanco to leverage artificial intelligence and machine learning models to detect and prevent fraud “in real time, ensuring  secure transactions across channels—both… Read More

January 14, 2025 @ 7:43 am By Omar Faridi  |  

Nevermined, the provider of AI payment infrastructure for AI-to-AI transactions, announced it has raised over $4 million in funding to accelerate the adoption of AI-Commerce by enabling AI agents to pay and get paid. The investment round was led by Generative Ventures, with participation from… Read More

January 13, 2025 @ 11:20 pm By Omar Faridi  |  

With industry professionals divided in their approaches, CBInsights look at the winners and losers in the open-source vs. closed-source landscape and what enterprises “need to think about next for adoption.” As part of their series on the generative AI divide, CBInsights has examined many of… Read More

January 13, 2025 @ 8:16 pm By Omar Faridi  |  

Billtrust, a B2B order-to-cash and digital payments firm, reported 2024 business highlights which helped reportedly companies improve customer experiences and enhance their financial health. Billtrust CEO Sunil Rajasekar said: “In 2024, our team provided more tools than ever to help B2B finance teams gain deeper… Read More

January 13, 2025 @ 10:39 am By Omar Faridi  |  

The IMF has shared an update / analysis on how artificial intelligence will affect Asia’s economies. According to the blog post from the IMF, AI may widen inequality, but policymakers can “counteract this with more effective social safety nets, reskilling programs, and regulations to promote… Read More

January 13, 2025 @ 8:34 am By Omar Faridi  |  

PitchBook has shared key insights focused on the artificial intelligence (AI) and machine learning (ML) ecosystem. PitchBook noted in the latest report that investors bid up Elon Musk in AI horse race—xAI’s value has been surging in secondary trading. According to Caplight estimates, xAI’s secondary… Read More

January 12, 2025 @ 1:21 pm By Tony Zerucha  |  

This past week, Fazeshift, an AI agent for accounts receivable, announced it raised $4 million in seed funding led by Gradient, Google’s early-stage AI fund. The round also included investments from Y Combinator, Wayfinder, Pioneer Fund, Ritual Capital, Phoenix Fund, and such angels as Terrence… Read More

January 11, 2025 @ 11:22 am By Omar Faridi  |  

Spring Financial, a Canadian financial technology company simplifying the lending process for everyday Canadians, announces the launch of Bloom, an AI-driven financial concierge mobile app for everyday Canadians. Bloom redefines financial management by harnessing Artificial Intelligence to make banking, spending and “budgeting completely transparent and… Read More

January 10, 2025 @ 5:10 pm By Tony Zerucha  |  

While human-like AI agents look to gain a more prominent role throughout the business in 2025, Harrison Seletsky sees reason for concern. The director of business development at the digital identity platform SPACE ID, Seletsky, cautioned that these tolls are still in their early development stages. Likening… Read More