Mastercard to realign organisational structure with three new divisions
Organizational Restructuring:Mastercard announces plans to reorganize its teams into three units: Core Payments, Commercial and New Payment Flows, and Services.Leadership Changes:...
How Neural Concept’s aerodynamic AI is shaping Formula 1
It’s a long way from pedal bikes to Formula 1. But that’s precisely the quantum leap that AI-based startup Neural Concept and its co-founder...
FloQast lands $100m Series E funding at $1.6bn valuation
Funding Round Details:Californian finance and accounting operations platform FloQast has closed its Series E funding round at $100 million.
The post-money valuation...
UK’s antitrust enforcer sounds the alarm over Big Tech’s grip on GenAI
The U.K.’s competition watchdog, Competition and Markets Authority (CMA), has sounded a warning over Big Tech’s entrenching grip on the advanced AI market, with...
ICYMI fintech funding round-up: Mimo, TransferGo, Smartpay, Adro and more
Mimo:Raised £15.5 million led by Northzone.
Plans to expand its financial management platform for SMBs.Pactio:Secured $14 million in Series A...
Poe introduces a price-per-message revenue model for AI bot creators
Bot creators now have a new way to make money with Poe, the Quora-owned AI chatbot platform. On Monday, the company introduced a revenue...
Amazon, eyeing up AI, adds Andrew Ng to its board — ex-MTV exec McGrath to step down
If the decisions made by corporate boards of directors can indicate where a company wants to be focusing, Amazon’s board just made an interesting...
Meta unveils its newest custom AI chip as it races to catch up
Meta, hell-bent on catching up to rivals in the generative AI space, is spending billions on its own AI efforts. A portion of those billions...
Google Workspace users will soon get voice prompting in Gmail and tabs in Docs
Google continues to bring more AI-driven features to its Workspace productivity applications.
At its Cloud Next conference in Las Vegas, the company on Tuesday announced...
