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Thursday, March 28, 2024

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Anext Bank in Singapore reportedly receives another $148m investment from parent company Ant Group

Anext Bank, a digital wholesale bank based in Singapore, has reportedly received an additional SDG 200 million ($148.5 million) investment from its parent company,...

Large language models can help home robots recover from errors without human help

There are countless reasons why home robots have found little success post-Roomba. Pricing, practicality, form factor and mapping have all contributed to failure after...

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Digital identity specialist Signicat acquires Icelandic counterpart SmartWorks

Signicat, a European provider of digital identity solutions,...

BNY Mellon deploys AI supercomputer from Nvidia

BNY Mellon, a US-based banking heavyweight, has deployed...

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ARTIFICAL INTELIGENCE

Paytech Matera acquires Brazilian AI firm Cinnecta for undisclosed sum

Matera, a US, and Brazil-based Playtech, has acquired Cinnecta, a Brazilian AI firm, to bring artificial intelligence to...

Jailbreak tricks Discord’s new chatbot into sharing napalm and meth instructions

In March, Discord announced that it had integrated OpenAI’s technology into its bot named Clyde, turning it into...

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Germany’s NX Technologies lands $24m in Series B round led by PayPal Ventures

NX Technologies, a fintech based in Cologne, Germany, has raised $24 million in a Series B funding round led by PayPal Ventures, the...

ICYMI fintech funding round-up: Marco, Zone, Copilot, Flowpay and more

Marco's Series A Funding:Raised $12 million in a Series A funding round led by IDC Ventures. Other participants include Arcadia Funds, Barn...

Here’s how Microsoft is providing a ‘good outcome’ for Inflection AI VCs, as Reid Hoffman promised

Exactly how much Microsoft is paying all the investors of Inflection AI as part its oddly structured deal to abscond with the co-founders, much...

Reddit stock closes up nearly 48% on its first day of trading

Shares of social forum giant Reddit closed its first day of trading at $50.31, up nearly 48% from its IPO price of $34 per...
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Astera Labs IPO will reveal how much investors want in on AI

While the technology world breathlessly awaits Reddit’s public debut, another company you might never have heard of is about to go public: Astera Labs....

Astera Labs goes public, and the Inflection-Microsoft AI saga continues

Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is...

ServiceNow is developing AI through mix of building, buying and partnering

Every enterprise software company out there is working to bring more workflow automation and AI to the platform. ServiceNow has been on this journey...

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