Tagged: ai

April 17, 2024 @ 6:11 pm By Omar Faridi  |  

Bridgewise, the AI-based analysis platform for global securities, has announced the completion of a $21 million funding round, bringing its total capital raised to $35 million. The investment round was reportedly “led by SIX Group with participation from Group11, L4 Venture Builder, and other global… Read More

April 17, 2024 @ 10:53 am By Omar Faridi  |  

Deloitte announced the expansion of its global Generative AI (GenAI) incubator network to include regional hubs in the US, Canada, India, Egypt, Malaysia, Poland, Portugal and Romania—allowing clients to experiment and innovate with GenAI technology, and to develop, deploy, and scale solutions in their local… Read More

April 15, 2024 @ 7:58 pm By Omar Faridi  |  

CBInsights has explored an emerging set of technologies including cybersecurity and Fintech-focused solutions impacting automotive R&D, manufacturing, sales, vehicle use, and the aftermarket. As noted in the CBInsights report, advancements in AI are “changing the way automakers design, build, sell, and repair vehicles.” Large language… Read More

April 13, 2024 @ 8:14 pm By Omar Faridi  |  

The CMA has outlined 3 key risks to effective competition on AI Foundation Models and has set out plans for further action in the market. The move from the Competition and Markets Authority (CMA) follows its initial report on AI Foundation Models (FMs) last year…. Read More

April 11, 2024 @ 10:36 am By Omar Faridi  |  

The AI 100 has been released by CB Insights. It’s an annual list of some of the best / high-potential private AI companies in the world. From new AI architectures to precision manufacturing, this year’s AI firms are focused on tackling some of the hardest… Read More

April 7, 2024 @ 9:12 am By Omar Faridi  |  

As the financial industry grapples with serving an increasingly mobile and digital-first customer base, neobanks are stepping up to fill the gaps left by legacy institutions. Raman Korneu, CEO and Co-founder of myTU, shares his insights on how cloud-native technology and AI can drive a… Read More

March 28, 2024 @ 4:09 pm By Omar Faridi  |  

Tether Operations Limited, which claims to be the largest company in the cryptocurrency industry, announced a strategic expansion of its AI [artificial intelligence] focus, positioning itself at the forefront of innovation. This move underscores Tether’s dedication “to advancing AI accessibility and efficiency, further solidifying its… Read More

March 26, 2024 @ 4:18 pm By Omar Faridi  |  

ZestyAI, the provider of climate and property risk analytics solutions powered by artificial intelligence (AI), unveiled its newest solution “to address the driver of insurance losses – roof claims.” ZestyAI’s Roof Age is a new solution “that pinpoints the age of a roof using data… Read More

March 26, 2024 @ 8:52 am By Omar Faridi  |  

The world’s 1,229 unicorn companies, which are businesses valued at $1 billion or more, have been closely examined in an extensive update shared by CBInsights. CBInsights has looked at every billion-dollar startup around the globe and profiled the fastest-growing unicorn markets in the fast-evolving digital… Read More

March 19, 2024 @ 3:15 am By Omar Faridi  |  

The top AI crypto countries in 2024 are the US, which accounted for 18.9% share of global interest in the narrative, followed by the UK (9.1%) and Türkiye (6.5%), according to a report from CoinGecko. The US and UK also led the meme coin craze… Read More

March 19, 2024 @ 2:10 am By Omar Faridi  |  

The Big Tech AI “arms race” is ongoing and picking up its pace rapidly with well over 75 AI startups that are currently backed by tech giants such as Amazon, Google, Microsoft, and Nvidia. This, according to a new report from CBInsights. CBInsights has recently… Read More

March 18, 2024 @ 4:17 am By Omar Faridi  |  

TransUnion (NYSE: TRU) technology transformation is reportedly set to reache its next phase with the introduction of OneTru, a platform that is said to be built for AI-powered data collaboration. The OneTru solution enablement platform reportedly capitalizes on “the company’s authoritative data assets, cloud-enabled infrastructure… Read More

March 14, 2024 @ 6:53 pm By Omar Faridi  |  

Alchemy Pay, the fiat-crypto payment service provider, introduces its Card-as-a-Service (CaaS) for AI Analysis, a firm focused on AI, blockchain, and FinTech. This service empowers AI Analysis “to issue customized branded Mastercard AIA cards effortlessly, eliminating the need for managing card infrastructure intricacies. With these… Read More

March 8, 2024 @ 7:49 am By Omar Faridi  |  

BitOoda, a digital investment bank, entered a partnership with Newmark, a commercial real estate adviser, that will allow the firms to combine their expertise and relationships across the AI, data center, and Bitcoin mining industries. The partnership will enable BitOoda and Newmark to “serve clients… Read More

February 26, 2024 @ 2:13 pm By Omar Faridi  |  

Intapp (NASDAQ: INTA), a global provider of AI-powered software for professionals in advisory, legal, and capital markets firms, announced that it has signed an agreement to acquire delphai, a Berlin-based AI software company specializing in applied AI for firmographic data automation, structuring, and intelligence. The… Read More

February 23, 2024 @ 2:02 pm By Omar Faridi  |  

Tenzro is launching its AI content platform on Avalanche, aiming to serve as an open, composable platform for any developer to be able to easily launch AI-powered creative content capabilities. By enabling dApp builders with robust AI capabilities, Tenzro believes that “all content creators, such… Read More

February 9, 2024 @ 8:56 am By Omar Faridi  |  

NTT DATA, a global digital business and IT services leader, announced a new global banking research report entitled “The Digital Horizon: Banking’s Shift from Mainframe to AI-Driven Cloud Infrastructure.” The research has unveiled findings from “a survey of 650 global banking decision-makers, marking a definitive… Read More

February 8, 2024 @ 3:04 pm By Omar Faridi  |  

Pagaya Technologies LTD. (NASDAQ: PGY), a company offering AI-driven solutions for financial services, announced the closing of a credit facility with participation from Funds and Accounts managed by BlackRock U.S. Private Capital, UBS O’Connor, JPMorgan Chase, Valley Bank, and Israel Discount Bank. The facility, which… Read More

January 26, 2024 @ 11:29 am By Michael Wong  |  

Addlly AI, a Singapore-based Generative AI startup, announced the successful closure of its seed funding round, achieving a valuation cap of S$5 million. The fresh funding will be used for the strategic expansion of the company’s capabilities in AI-driven digital marketing, according to the announcement…. Read More

January 25, 2024 @ 6:03 pm By Omar Faridi  |  

Klarna, the AI powered global payments network and shopping assistant, announced its entry into the subscription service model with the launch of Klarna Plus, issued by WebBank, now available to eligible US consumers through the Klarna app “for a monthly fee of $7.99.” Klarna Plus… Read More