AI

PayPal Expands Stablecoin to 70 Markets, Enhancing Accessibility

PayPal's new stablecoin launch facilitates broader global access for users.Highlights: PayPal introduces stablecoin to 70 global markets.This move enhances financial access for diverse users.Stablecoin integration aims to simplify digital...

Finastra appoints Chris McClellen as Global Head of AI

McClellen aims to enhance Finastra's AI capabilities and solutions.Highlights: Finastra names Chris McClellen as Global Head of AI.McClellen...

Mastercard Strengthens Presence with $1.8 Billion BVNK Acquisition

Acquisition aims to enhance Mastercard's stablecoin capabilities.Highlights: Mastercard acquires BVNK for $1.8 billion.The deal will enhance Mastercard's stablecoin...

CFIT Strengthens Digital Identity Solutions for Businesses

New regulations aim to streamline company verification processes.Highlights: CFIT has introduced measures for improved digital identities.Changes aim to...

AI-Based Loan Origination Platform Fuse Secures $25 Million in Funding

Funding will enhance Fuse's AI-driven lending solutions for financial institutions.Highlights: Fuse raises $25 million to boost its AI-powered...
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Spotify confirms test of prompt-based AI playlists feature

Earlier this fall, Spotify was found to be developing a new feature that would allow its streaming app users to create playlists using AI...

US fintech start-up SellersFi secures new credit facility of up to $300m

SellersFi, a New York-based fintech start-up, secures a new credit facility of $135 million, expandable to $300 million. Citi and Fasanara Capital are...

Robotics Q&A with UC Berkeley’s Ken Goldberg

For the next few weeks, TechCrunch’s robotics newsletter Actuator will be running Q&As with some of the top minds in robotics. Subscribe here for...

a16z will give literally any politician money if they help deregulate tech

Venture capital giant Andreessen Horowitz has announced its intent to begin lobbying the U.S. government, and their plan is as tone-deaf and obtuse as...

Distributional wants to develop software to reduce AI risk

Companies are increasingly curious about AI and the ways in which it can be used to (potentially) boost productivity. But they’re also wary of...

AI plushie Grok, voiced by Grimes, was trademarked before Elon Musk’s Grok

Grimes is stepping into the toy business with “Grok,” a character that she voiced for Curio’s new line of screen-free AI plushies. The toy is...

Mexican SME payments platform Kapital raises $40m Series B

Kapital raises $40 million in Series B equity financing and secures a $125 million debt facility. Led by Tribe Capital, the funding round...

Instagram introduces GenAI powered background editing tool

Instagram introduced its generative AI-powered background editing tool to U.S.-based users Wednesday. Meta’s lead for generative AI, Ahmad Al-Dahle, posted on Threads saying that the...

When it comes to generative AI in the enterprise, CIOs are taking it slow

To hear the hype from vendors, you would think that enterprise buyers are all in when it comes to generative AI. But like any...
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