Tagged: ai

May 16, 2026 @ 5:10 pm By Michael Wong  |  

Recursive Superintelligence has raised $650 million at a $4.65 billion valuation in a funding round led by GV and Greycroft, according to the company. The round also included participation from AMD Ventures and NVIDIA, placing the stealth-mode AI lab among a growing group of venture-backed… Read More

May 16, 2026 @ 2:00 am By Omar Faridi  |  

NatWest has revealed the eight AI-focused startups chosen for its 2026 Fintech Program, marking a significant step in the bank’s drive to nurture Britain’s technology innovators. The announcement came during a London launch event tied to UK Fintech Week, where founders gathered for a roundtable… Read More

May 15, 2026 @ 7:16 pm By Omar Faridi  |  

Stripe has teamed up with Amazon Web Services (AWS) to bring autonomous payment functionality to AWS’s AgentCore platform. The new AgentCore Payments feature, integrated into Amazon Bedrock, equips AI agents with the ability to independently access and settle costs for digital resources—including web content, APIs,… Read More

May 15, 2026 @ 12:24 pm By Omar Faridi  |  

Accenture Federal Services, part of Accenture (NYSE: ACN), has formed a major new alliance with OpenAI aimed at helping federal agencies quickly embrace, transition, and expand cutting-edge artificial intelligence technologies. As a designated OpenAI partner, the firm will guide clients from initial testing phases to fully… Read More

May 15, 2026 @ 10:57 am By Omar Faridi  |  

PitchBook has indicated that venture capital activity in artificial intelligence reached explosive new levels during the first three months of 2026, according to PitchBook’s latest research preview. Total AI-related investments climbed to $255.5 billion in the quarter—surpassing the entire $254.4 billion raised across all of… Read More

May 13, 2026 @ 1:21 am By Tony Zerucha  |  

Pit, an AI-native workforce platform, this week announced its public launch alongside $16 million in funding led by Andreessen Horowitz (a16z). The round includes participation from Lakestar, the Pit founders, executives from OpenAI, Anthropic, Google, Deel, and Revolut, and the Stena and Lundin families. Pit… Read More

May 13, 2026 @ 1:20 am By Omar Faridi  |  

The International Monetary Fund (IMF) has issued a fresh alert on the growing dangers to global financial stability from artificial intelligence. In a blog post dated May 7, 2026, the IMF explains how AI is reshaping both the vulnerabilities and defenses of the financial system…. Read More

May 12, 2026 @ 10:02 am By Tony Zerucha  |  

Some questionable thoughts on stablecoins and crypto investing are among the Web3 Thoughts of the Week. Bitcoin and oil dynamics “Bitcoin’s brief recovery above $80,000 is looking shaky. It’s being driven by easing oil prices rather than strong buying, with Brent back below $110 on… Read More

May 12, 2026 @ 7:33 am By Omar Faridi  |  

PitchBook has indicated that the US venture capital ecosystem reached a conisderable $9.4 trillion in total market value as of March 31, 2026. This, according to PitchBook’s latest quarterly analysis of valuations and returns. Artificial intelligence companies alone command nearly half of that figure—about $5.8… Read More

May 12, 2026 @ 7:31 am By Omar Faridi  |  

Stablecoin issuer Circle (NYSE:CRCL) has recently unveiled its Agent Stack. Announced recently this month, this open-source infrastructure is designed specifically for the “agentic economy”—a future where intelligent agents reason, plan, and execute economic tasks independently. The platform equips agents with the tools to hold funds,… Read More

May 11, 2026 @ 11:23 pm By Omar Faridi  |  

PayPal Holdings Inc. (NASDAQ:PYPL) is preparing one of the largest workforce reductions in its history. According to a person familiar with the matter, the payments giant plans to cut around 20% of its global workforce over the next two to three years. With roughly 23,800… Read More

May 11, 2026 @ 10:20 pm By Omar Faridi  |  

Nubank’s (NYSE: NU) senior executives explained how the company’s artificial intelligence underwriting framework is driving sustainable expansion in credit services. The update from Nubank’s  professional team emphasized that core risk protocols stay firmly in place, with delinquency levels holding steady even as more customers gain… Read More

May 11, 2026 @ 4:16 pm By Omar Faridi  |  

Blockchain security firm CertiK has outlined a transformative vision for autonomous AI systems in a new analysis released recently this month. Today’s AI agents operate in isolated environments, relying on large language models for decision-making but lacking uniform ways to prove who they are or… Read More

May 11, 2026 @ 11:48 am By Omar Faridi  |  

U.S. Bank (NYSE: USB) has entered an expanded partnership with Amazon Web Services (AWS) to shift hundreds of its essential banking systems onto the AWS platform. This multi-year effort targets key areas including payment processing, wealth management, and commercial banking operations. The bank is building… Read More

May 10, 2026 @ 5:46 pm By Omar Faridi  |  

PitchBook introduces a new framework to help global investors and corporate strategists thrive amid the shift reshaping enterprise technology. The research report from PitchBook argues that traditional seat-based software models are under intense pressure from agentic AI, creating both disruption and a chance to reposition… Read More

May 10, 2026 @ 6:41 am By Michael Wong  |  

BioMatrix has launched a new platform it says will help AI projects secure verified human participation as companies grapple with the rapid spread of synthetic content online. The company launched BioMatrix 3.0, which it describes as a “human participation network” for the AI economy, at… Read More

May 9, 2026 @ 12:12 am By Tony Zerucha  |  

Billtrust, a provider of B2B accounts receivable workflow and payment software, has introduced its AI‑driven Buyer Payment Portal and Cash Forecasting capabilities, along with expanded payment controls and international payment options. Together, the new capabilities help AR teams accelerate collections, improve buyer payment experiences, and… Read More

May 8, 2026 @ 10:00 am By Omar Faridi  |  

The Aptos Foundation and Aptos Labs have unveiled a major funding push exceeding $50 million dedicated to strengthening the network’s ecosystem. The capital will support a broad array of efforts, from developing in-house applications and conducting advanced research to upgrading core protocol components and launching… Read More

May 6, 2026 @ 4:27 pm By Omar Faridi  |  

CB Insights has released its latest AI 100 list, spotlighting the world’s 100 most promising or high-potential private artificial intelligence startups for 2026. Drawing on predictive signals such as market traction, investor quality, talent momentum, and commercial maturity, the report captures an AI ecosystem that… Read More

May 6, 2026 @ 4:25 pm By Omar Faridi  |  

Accenture (NYSE: ACN) has announced a strategic investment in Netomi, a specialized artificial intelligence company focused on customer experience platforms. Conducted via Accenture Ventures, the deal includes a formal alliance aimed at helping large organizations overhaul their customer support operations through advanced agentic AI technologies…. Read More