Tagged: ai

February 26, 2026 @ 11:38 am By Omar Faridi  |  

New York-based startup Basis has closed a substantial $100 million Series B funding round, reaching a post-money valuation of $1.15 billion. The investment will fuel the expansion of its autonomous artificial intelligence systems specifically engineered to handle sophisticated accounting workflows, positioning the company as a… Read More

February 26, 2026 @ 9:24 am By Omar Faridi  |  

JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon has delivered a clear message: artificial intelligence is not a distant promise but a present force actively reshaping one of the world’s largest banks. In recent remarks, Dimon revealed that the institution has launched “huge redeployment plans” for employees… Read More

February 26, 2026 @ 9:22 am By Omar Faridi  |  

PwC US unveiled a new partnership with Anthropic, aimed at accelerating the rollout of advanced AI agents for enterprise use in heavily regulated industries. The effort starts with applications in finance, as well as healthcare and life sciences. This initiative helps companies move beyond early-stage… Read More

February 25, 2026 @ 8:40 am By Omar Faridi  |  

As artificial intelligence continues its expansion, a new wave of early-stage startups is emerging not to build more powerful models, but to fix the growing pains that come with them. According to CB Insights’ latest Early-Stage Trends Report, released recently, the most promising young companies… Read More

February 24, 2026 @ 7:30 pm By Omar Faridi  |  

Enterprises are accelerating AI agent deployments at an unprecedented pace, yet many struggle to quantify the value they deliver. A late-2025 survey of 59 executives by CB Insights revealed that 80% consider AI agent adoption a strategic priority. Strikingly, however, 40% admit they cannot track… Read More

February 24, 2026 @ 6:16 am By Omar Faridi  |  

In a seemingly bold meta-experiment amid rising concerns about artificial intelligence reshaping the global workforce, researchers at Deutsche Bank (NYSE:DB) consulted advanced AI technology to forecast its own disruptive potential. Rather than relying solely on conventional economic models, the bank’s Research Institute tasked its proprietary… Read More

February 24, 2026 @ 1:35 am By Michael Wong  |  

Zurich-based AI infrastructure startup Rapidata has raised $8.5 million in seed funding as it pitches a faster way for AI developers to gather the human judgments used to train and fine-tune models, in a process that has become a growing choke point for the industry…. Read More

February 23, 2026 @ 10:18 pm By Tony Zerucha  |  

Web3 had plenty on its mind this week, including some interesting thoughts on tokenization and market speculation. Crypto markets “The Clarity Act will become law and the narrative for crypto will switch to one of acceptance and embracement by banks and money managers. “Treasury will… Read More

February 23, 2026 @ 4:20 pm By Omar Faridi  |  

A major controversy has surfaced at the intersection of artificial intelligence and cryptocurrency privacy. Persona, the firm responsible for conducting identity verification for OpenAI’s premium ChatGPT features, stands accused of forwarding sensitive user information—including linked cryptocurrency wallet addresses—directly to US federal agencies. Security researchers operating… Read More

February 23, 2026 @ 1:24 am By Omar Faridi  |  

Earlier this month, Anthropic announced a massive $30 billion Series G funding round, pushing its post-money valuation to an astonishing $380 billion. Just five months after a $183 billion mark in September 2025, the AI company—founded in 2021 by former OpenAI researchers who left over… Read More

February 22, 2026 @ 12:35 pm By Omar Faridi  |  

In a maneuver that underscores the deepening interdependence of AI hardware developers and frontier model developers, Nvidia (NASDAQ:NVDA) is nearing the completion of a $30 billion equity investment in OpenAI. According to Reuters reporting on February 20, 2026, this commitment represents a pivotal element in… Read More

February 20, 2026 @ 11:38 am By Omar Faridi  |  

In a revelation that underscores the fusion of artificial intelligence with geopolitics, the Pentagon reportedly employed Anthropic’s Claude AI model during its military operation to apprehend former Venezuelan President Nicolás Maduro and his wife last month. According to The Wall Street Journal, the action—codenamed Operation… Read More

February 20, 2026 @ 4:33 am By Omar Faridi  |  

San Francisco-based data and AI focused firm Databricks noted this past week that it has delivered steady results, announcing on February 9, 2026, that it has exceeded a $5.4 billion annual revenue run-rate while posting more than 65% year-over-year growth in the fourth quarter. The… Read More

February 20, 2026 @ 1:08 am By Omar Faridi  |  

The Google Threat Intelligence Group (GTIG) has mapped the latest patterns of artificial intelligence being turned against organizations and individuals. The report, part of an ongoing series tracking adversarial AI use, examines how threat actors are stealing model capabilities, enhancing conventional attacks, and embedding generative… Read More

February 18, 2026 @ 12:33 pm By Omar Faridi  |  

In an environment that is increasingly being dominated by artificial intelligence advancements, key perspectives from financial institutions and professional services reveal that energy is quietly emerging as the defining force in the global economy, while AI itself drives considerable changes in how services are delivered…. Read More

February 16, 2026 @ 10:11 am By Tony Zerucha  |  

Provenir, a provider of AI risk decisioning, this week announced the launch of its comprehensive decision intelligence platform with new agentic AI features. Provenir’s Decision Intelligence platform brings together data, models, decisioning, and optimization in one continuous system. With the platform, organizations can transform raw… Read More

February 15, 2026 @ 10:12 pm By Michael Wong  |  

OPAQUE, a startup building infrastructure to secure sensitive data used in artificial intelligence systems, has raised $24 million in a Series B funding round led by Walden Catalyst, the company said. Returning investors Intel Capital, Race Capital, Storm Ventures and Thomvest participated in the round,… Read More

February 15, 2026 @ 12:45 pm By Omar Faridi  |  

US business executives are increasingly displaying renewed enthusiasm for mergers and acquisitions (M&A), signaling a potential boom in dealmaking over the coming year. According to the latest EY Parthenon Deal Barometer survey, a significant 62% of US based CEOs intend to pursue M&A (mergers and… Read More

February 15, 2026 @ 12:41 pm By Tony Zerucha  |  

This week, ZeroDrift emerged from stealth alongside a $2 million pre-seed round to automate compliance in real time, unlocking business velocity while giving compliance teams infrastructure to scale oversight. The pre-seed round was led by a16z speedrun. The capital will support the company’s go-to-market launch,… Read More

February 15, 2026 @ 11:58 am By Omar Faridi  |  

In the evolving ecosystem of artificial intelligence, the Asia-Pacific (APAC) region stands out for its strategic approach to venture investments. According to PitchBook‘s Q1 2026 Analyst Note indicated that AI funding is no longer driven by widespread enthusiasm but by calculated decisions emphasizing practicality and… Read More