Artificial Intelligence

January 8, 2025 @ 11:48 pm By Tony Zerucha  |  

2024 saw significant developments in AI, data management, and performance tools. Other World Computing founder and CEO Larry O’Connor believes progress will continue in 2025. Here are his predictions for 2025. The return of on-prem data, compute, and backup to improve performance, strengthen security, and… Read More

January 8, 2025 @ 10:03 pm By Omar Faridi  |  

Research from Accenture (NYSE: ACN) finds a new era of digitization is unfolding—one in which AI continuously learns and drives new levels of autonomy across organizations, positioning trust in its performance “as the most important measure organizations will need for AI to achieve its promise.”… Read More

January 8, 2025 @ 7:41 pm By Omar Faridi  |  

From AI’s banner year to an 8-year low in global dealmaking, CBInsights examines and breaks down key changes in the venture landscape using their data. CBInsights noted that AI has reshaped the venture landscape, capturing a record “share of funding (37%) and deals (17%) in… Read More

January 7, 2025 @ 10:00 am By Omar Faridi  |  

  Deal flow in 2024 has picked up significantly compared to last year, and AI deals have predominantly dominated headlines due to megadeals like those involving OpenAI, Grok, and others. While later-stage companies have seen a bulk of the funding, seed activity in the space… Read More

January 7, 2025 @ 8:33 am By Omar Faridi  |  

iWallet, the enabler of digital payments solutions, announces an innovative development with the introduction of Voice AI to payments. This technology addresses the growing demand for advanced, secure, as well as user-friendly payment methods. The majority or around 81% of American consumers use voice technology… Read More

January 6, 2025 @ 8:53 pm By Omar Faridi  |  

Digital transformation, and use of emerging technologies like AI are the key issues Australian business professionals will focus on during 2025 and beyond, KPMG’s annual Keeping Us Up At Night survey finds. Concerns over the slowing economy, and cost of living are also prominent, the… Read More

January 6, 2025 @ 8:50 pm By Omar Faridi  |  

Sixteen years ago, Accel embarked on a journey to partner with founders across India—continuing the firm’s history of partnering with founders on a global scale. Accel is now announcing their eighth early-stage fund, a $650 million commitment to empower category-defining startups; companies that will “set… Read More

January 6, 2025 @ 1:14 pm By JD Alois  |  

ClearBank, a Fintech providing banking services, has distributed a note sharing predictions for 2025. Founded in 2017 and based in the UK, ClearBank is regulated and authorized by the FCA and PRA as well as the European Central Bank and De Nederlandsche Bank. Charles McManus,… Read More

January 6, 2025 @ 1:18 am By Omar Faridi  |  

HighRadius announced that it has been awarded an exclusive patent by the United States Patent and Trademark Office for a Machine Learning (ML)-based system and method for correcting image data. By addressing the limitations of optical character recognition (OCR) engines, the new approach significantly “reduces… Read More

January 5, 2025 @ 8:05 pm By Tony Zerucha  |  

MatterFi founder Michael “Mehow” Pospieszalski believes he has created the infrastructure cryptocurrency needs to go mainstream. When the time is right, MatterFi’s technology could simplify crypto usage for billions of people. The company develops new security infrastructure for software wallets, hardware wallets and custody systems,… Read More

January 2, 2025 @ 4:57 pm By Omar Faridi  |  

The most profitable crypto narratives in 2024 are AI, which “recorded the highest average price gains of 2,939.8% year to date (YTD), followed by memecoins which saw returns of 2,185.1% YTD.” This, according to a report from CoinGecko. This makes the AI and memecoin narratives… Read More

December 31, 2024 @ 1:56 pm By Timothy Li  |  

FINTECH in 2025! It’s been a whirlwind since my last Fintech predictions for 2024. I forecasted AI ubiquity, the end of BaaS, digital twinning, and Elon Musk’s ambition to dominate Fintech. Some of these predictions came true, others fell flat, but as they say, truth… Read More

December 29, 2024 @ 9:38 pm By Michael Wong  |  

Malaysia’s sovereign wealth fund Khazanah Nasional Bhd announced that it has invested in the Malaysia-based private equity Cambrian Fund and U.S.-based artificial intelligence firm Syntiant Corp, in a move aimed at boosting Malaysia’s position in advanced manufacturing and semiconductor technologies. In a statement, Khazanah said… Read More

December 28, 2024 @ 2:31 pm By Omar Faridi  |  

PitchBook has shared its H2 2024 VC Tech Survey: Investor Insights on AI, Dealmaking, and Fundraising. PitchBook has noted that in this update VCs highlight stable deals, decode AI and deep tech trends, express sector “saturation concerns,” and describe how priorities are shifting to “underinvested… Read More

December 28, 2024 @ 11:31 am By Omar Faridi  |  

Milan based Habacus has reportedly finalized a $5 million seed funding round in order to offer students / learners an ecosystem of services, including various financial services and products. Habacus, the Milan-headquartered student service ecosystem, has raised the new funding in order to develop its… Read More

December 27, 2024 @ 10:01 am By Tony Zerucha  |  

Wire Network, a blockchain purpose-built for the AI agent economy, has officially launched its alpha testnet, which enables AI agents to transact across global industries from finance to gaming. Unlike current cryptosystems that can be slow, costly, and centralized, Wire Network said its Universal Transaction… Read More

December 26, 2024 @ 7:30 pm By Omar Faridi  |  

Bridgetower Capital, a provider of AI and Web3 platform services and infrastructure, InterVision Systems, a Managed Service Provider and key player focused on innovative IT solutions, and ProvLabs, a provider of enterprise-grade APIs and SaaS solutions that enable regulated firms to deploy digital assets on… Read More

December 26, 2024 @ 8:16 am By Tony Zerucha  |  

2024 was a pivotal year for 40Seas as it seeks to become the Salesforce of cross-border trade finance. Co-founder and CEO Eyal Moldovan said the sector is long overdue for disruption. Moldovan said his clients are still adapting to a post-COVID-19 world, which has fostered… Read More

December 24, 2024 @ 5:26 pm By Michael Wong  |  

Brooklyn Artificial Intelligence Research (Brooklyn) has finalized a strategic funding round led by Atypical Ventures, with backing from S&P Global Ventures, the CEO of the Hantz Group, and several asset and wealth management executives, according to an announcement. The company plans to use this new… Read More

December 24, 2024 @ 3:37 am By Omar Faridi  |  

Multiverse Computing, a firm focused on value-based quantum and quantum-inspired AI software solutions, announced an investment from the Italian investor in venture capital CDP Venture Capital Sgr, as part of the firm’s Series A round. The investment was carried out via compartments of the Corporate… Read More