Credit Flows Into AI Projects Amid Bubble Worries
Credit investors are reportedly pumping billions into artificial intelligence (AI) efforts amid concerns about an industry bubble. For…
Oway Raises $4 Million for AI-Enabled ‘Rideshare Freight Platform’
Oway raised $4 million in a seed round to support its “rideshare freight platform” that provides an artificial…
Character.AI Explores Sale or New Funding Amid Rising Costs
Character.AI is weighing its options between a potential sale or raising new capital, sources told The Information. The…
InCode Acquires AuthenticID to Combat AI-Driven Fraud
The deal, according to a Tuesday (Aug. 19) news release, is aimed at tapping into a digital identity market projected…
Softbank Builds on AI Investments With $2 Billion Intel Partnership
Japanese conglomerate SoftBank is making a $2 billion investment into chipmaker Intel. The companies say the new arrangement,…
UBS Strategists Warn of ‘Overheating Risk’ Around AI Investments
UBS Global Research reportedly advised investors looking at the artificial intelligence industry to keep an eye on overheating…
IBM Finds Improper Controls in 97% of AI-Related Data Breaches
Recent IBM research finds an “AI oversight gap” among organizations that had experienced data breaches. “Consider this: a staggering 97%…
Growfin and Zuora Partner on AI-Powered Order-to-Cash Solution
Growfin and Zuora partnered to offer enterprise companies a collections and cash flow management solution powered by artificial…
Mastercard, Zand Team to Modernize X-Border Payments in UAE
Mastercard has partnered with Zand, a United Arab Emirates-based, artificial intelligence-driven FinTech and financial services group. The collaboration…
EBay Unveils AI-Powered Tools, Open Banking-Powered Financing
EBay unveiled more seller tools and an open banking-powered financing solution for sellers. The new tools for U.S.…
Riskified, HUMAN Partner to Prevent Fraud by AI Shopping Agents
Riskified and HUMAN Security have partnered to help merchants prevent fraud and abuse when dealing with artificial intelligence (AI)…
Paytm Payments Services Wins Payment Aggregator Authorization
Indian FinTech company Paytm said Tuesday (Aug. 12) that its payments subsidiary received “in-principle” authorization from the Reserve…