Results for "financial AI"
69 results found
Major US Banks Unite on Tokenization Network to Counter Crypto Threat
A consortium of leading US banks is launching a tokenization network to compete with crypto and stablecoin startups, marking a strategic shift in digital finance.
Analysts Question SpaceX's $4.3 Trillion Revenue Forecast for 2040
SpaceX's projected $4.3 trillion revenue by 2040 faces intense skepticism. Critics argue the figure ignores market constraints and growth limits in the space industry.
Boston and Bermuda: A New Tech Hub Connection Emerges
A growing link between Boston and Bermuda is creating a new pathway for tech talent and investment, reshaping regional economic dynamics.
General Catalyst bets $63M on India's travel payments startup Scapia
General Catalyst leads $63 million funding round in Scapia, an Indian travel booking and payments startup. The investment doubles the company's valuation.
Mercury Hits $5.2B Valuation as Fintech Startup Pursues Own Banking License
Mercury raised $200M at a $5.2B valuation and secured regulatory approval to establish its own bank. The digital banking startup serves over 300,000 companies and reported $650M in annualized revenue.
World Cup 2026 Travelers Face Escalating Mobile Data Costs Across Three Nations
Fans traveling across the US, Canada and Mexico for the 2026 World Cup will need eSIMs to avoid roaming fees. Prices vary widely by country and data allowance, making advance planning essential.
Alphabet Raises $80 Billion in Stock Sale for AI Expansion
Alphabet plans to raise $80 billion by selling stock to fund its artificial intelligence infrastructure buildout. The move positions Google to compete aggressively in the AI race against Microsoft and OpenAI.
Megarounds Surge Across Enterprise Software, AI and Space Tech in Biggest Funding Week of the Year
A massive funding week saw over a dozen startups raise hundreds of millions, led by a $750M round for spend-management platform Ramp. Enterprise software, AI developer tools and space tech dominated.
Italian Council Slaps 200% Tax on Data Centers in Farmland
An Italian regional council imposed a 200% tax on data centers built in agricultural zones to steer development toward abandoned industrial areas and reduce environmental harm.
SolarSquare in Talks for $60M Funding as Indian Rooftop Solar Surges
SolarSquare is set to raise up to $60 million at a valuation near $500 million, signaling strong VC interest in India's rooftop solar market.
SpaceX Files for IPO, Plans NYSE Listing Under Ticker SPCX
SpaceX has officially filed for an initial public offering, planning to list on the NYSE under the ticker SPCX. The filing reveals unprecedented financial details about the private space company.
SpaceX IPO Clouds Starship Reusability Ambitions
SpaceX's IPO filing and Starship test flight highlight a growing tension between investor demands and the company's reusability goals. The path to rapid rocket reuse now looks longer and more uncertain.
GoPro warns investors company may not survive the year
GoPro warns it may not survive the year. The action camera maker faces mounting losses and slowing demand.
Meta Employees Rush to Use Perks Before 8,000 Job Cuts Take Effect
Meta employees are cashing in on headphone stipends and other perks as layoffs loom. The company is cutting about 8,000 jobs.
Quantum computing threatens to break current encryption sooner than expected
Quantum computers could crack today's encryption within a decade. Enterprises are not prepared.
GPS Cryptography Signal Decoded After 19 Years of Quiet Transmission
A researcher decoded a cryptic GPS signal broadcast for nearly two decades revealing hidden cryptography in satellite navigation systems.
AMD Plans Budget-Friendly Re-Release of Ryzen 7 5800X3D CPU
AMD may re-release the Ryzen 7 5800X3D as a 10th Anniversary Edition, offering a powerful upgrade for older AM4 PCs without requiring new DDR5 RAM.
Microsoft 365 Users Targeted by Sophisticated Password Reset Attacks
Hackers linked to Storm-2949 are exploiting password reset systems to break into Microsoft 365 accounts. The campaign uses multi-layered techniques to bypass security.
Inside the SolarWinds Breach: Hackers Had Full Access to Treasury Systems
New details reveal Russian-linked hackers infiltrated Treasury email systems far deeper than previously known. The supply chain attack compromised thousands of government and private networks, exposing critical security gaps.
Hackers Claim Massive Data Breach at Instructure, Targeting 9,000 Schools
Hackers say they stole student and staff data from nearly 9,000 schools using Instructure’s Canvas platform and locked users out, demanding negotiation by May 12.