Tagged: ai

July 9, 2025 @ 5:23 am By Omar Faridi  |  

AI firm CoreWeave (NASDAQ: CRWV) and Core Scientific (NASDAQ: CORZ), a data center infrastructure provider, announced that they have signed a definitive agreement under which CoreWeave will acquire Core Scientific in an all-stock transaction. Under the terms of the merger agreement, Core Scientific stockholders will… Read More

July 7, 2025 @ 3:45 am By Omar Faridi  |  

Lloyds Banking Group continues to pursue a commitment to sustainability, innovation, and social responsibility through a series of initiatives. From sustainable finance to leveraging artificial intelligence and addressing societal challenges, Lloyds reports that it is making strides to align its operations with its mission of… Read More

July 5, 2025 @ 6:20 am By Omar Faridi  |  

Digital assets firm Binance continues to drive innovation in the blockchain and digital asset space with a series of updates. From tailored financial solutions for institutional investors to seamless crypto transfer options for everyday users, Binance is reinforcing its commitment to advancing financial inclusion and… Read More

July 4, 2025 @ 10:15 pm By Omar Faridi  |  

In an evolving global environment, the World Economic Forum’s (WEF) recent updates have examined digital transformation trends that are reshaping economies worldwide. The 16th Annual Meeting of the New Champions (AMNC) 2025, held in Tianjin, China, from June 24-26, and related discussions in Europe highlight… Read More

July 4, 2025 @ 8:20 am By Omar Faridi  |  

The venture capital landscape in 2025 continues to be shaped by transformative trends, with mega-rounds and AI-driven unicorns dominating the startup ecosystem. According to recent reports from CB Insights, the first half of 2025 has seen significant activity in high-value funding rounds and the emergence… Read More

July 4, 2025 @ 1:06 am By Omar Faridi  |  

New insights from Experian reveal that more than a third (35%) of UK businesses reported being targeted by AI-related fraud in the first quarter of 2025, compared to just 23% last year. The sharp rise is being driven by the “use of deepfakes, identity theft, voice… Read More

July 3, 2025 @ 8:12 pm By Michael Wong  |  

Vietnam-based artificial intelligence startup AI Hay has raised $10 million in a Series A funding round led by Southeast Asia-focused venture capital firm Argor Capital, the company said in a statement on Wednesday. The latest round, which also drew participation from existing investors Square Peg,… Read More

July 2, 2025 @ 1:52 am By Omar Faridi  |  

Schroders Capital, the $99.3 billion private markets division of Schroders,  announces the expansion of its advanced Artificial Intelligence (AI) tools through the introduction of an innovative virtual ‘investment committee agent’. This newly developed AI tool aims to “further strengthen the investment decision-making process.” Developed by… Read More

July 1, 2025 @ 12:55 pm By Omar Faridi  |  

As artificial intelligence (AI) radically reshapes business, a vast majority of organizations (90%) are not adequately prepared to secure their AI-driven future, according to a new report from Accenture (NYSE: ACN). Globally, nearly two-thirds (63%) of companies are in the “Exposed Zone,” indicating they lack… Read More

June 30, 2025 @ 11:03 am By Tony Zerucha  |  

Foxit, a provider of innovative PDF and eSignature products and services, has launched its AI-Powered Research Agent, an intelligent tool designed to help users quickly understand and extract insights from complex research documents like academic papers, clinical trial reports, or usability studies. The AI-Powered Research… Read More

June 30, 2025 @ 10:20 am By Tony Zerucha  |  

The average size of artificial intelligence (AI) deals was significantly higher than deals across the wider UK equity market in 2024, underlining the continued focus on the sector, reveals the British Business Bank’s annual Small Business Equity Tracker. The average AI equity deal in the… Read More

June 28, 2025 @ 4:17 pm By Omar Faridi  |  

European companies must strengthen the capabilities needed to scale AI faster if they are to “address the growing productivity gap and enhance the region’s overall competitiveness,” according to a report released by Accenture (NYSE: ACN). The study highlights that the average European worker “now produces… Read More

June 26, 2025 @ 4:33 pm By Omar Faridi  |  

Klarna, the AI-powered global payments network and commerce network,  announced $1.25M in fresh funding for 18 ‘moonshot’ climate projects for 2025 in a further rejection of the traditional ‘carbon offsetting’ model. The latest funding takes Klarna’s total contribution “in climate projects to $8.4 million over… Read More

June 26, 2025 @ 6:02 am By Omar Faridi  |  

The World Economic Forum (WEF) has released a series of impactful reports in June 2025, addressing critical global challenges and opportunities in fintech, small and medium-sized enterprise (SME) sustainability, energy transition, and transformative technology convergence. These updates, presented at the 16th Annual Meeting of the… Read More

June 26, 2025 @ 2:46 am By Omar Faridi  |  

AI boosts productivity and profitability for UK businesses. The vast majority of businesses using AI say the technology has “helped them to boost their productivity and profitability,” new research from Lloyds’ Business Barometer. Of the 59% of UK companies currently using AI, “more than three… Read More

June 22, 2025 @ 5:43 pm By Tony Zerucha  |  

From AI energy hypocrisy to predicting future Fed movement and serious risks to Bitcoin from quantum computing, Web3 minds had plenty to share over the past few weeks. Those burning more energy on AI once panned crypto miners “Big tech can’t keep up with the… Read More

June 20, 2025 @ 4:33 pm By Omar Faridi  |  

Accenture (NYSE: ACN) announced changes to its growth model and its leadership, effective September 1, 2025. Accenture has delivered on its strategy “to be its clients’ reinvention partner of choice and to lead in Gen AI through its deeply skilled people and by bringing its… Read More

June 18, 2025 @ 7:14 pm By Omar Faridi  |  

Web3 still relies on centralized infrastructure to run applications and AI models, creating major challenges for users and developers. Chris Jenkins, Operations Lead at Pocket Network, shared insights with CI about how Web3 can improve dapps and AI products, and how open data frameworks will… Read More

June 17, 2025 @ 7:14 am By Tony Zerucha  |  

Quantum technology is in an interesting period. It’s being discussed more often, but outside of some tech circles, it’s not well understood. What is quantum technology, where is it right now, and where is it headed? Is its future dominance of society guaranteed? Anders Indset… Read More

June 16, 2025 @ 12:05 pm By Omar Faridi  |  

Equifax (NYSE: EFX) has secured 35 new patents in the first half of 2025. These new patents, which bring the number of Equifax issued or pending patents to nearly 650 patents spanning 15 countries, “encompass distinctive techniques in artificial intelligence and machine learning, data &… Read More