Wealth Management Firms in US to Double AI Budgets
Projections indicate that AI will account for 37% of US wealth management firms’ IT spending in the next 3-5 years, up from 16%.
Investing - page 10
Jack Dorsey’s Block to Focus More on Bitcoin Mining
Block (former Square), led by Jack Dorsey, is ramping up investments to expand its reach in small business services and bitcoin mining tools.
Amazon to Invest $1.3 Billion in Italy
Amazon’s computing unit AWS on Thursday, November 7, announced its intention to invest 1.2 billion euros ($1.3 billion) in Italy over the next five years as part of efforts to expand its data center business in the country.
Bitcoin Reaches Record High of $75K Fueled by US Election
Bitcoin has hit an all-time high of $75,800, as the outcome of the US election gave crypto enthusiasts hope for legal clarity and government-backed promotion.
Chinese Unicorn Zhipu AI Raises $210 Million
Zhipu AI, one of the leading Chinese startups in the area of generative artificial intelligence, has announced the initial closure of its venture capital vehicle.
Perplexity AI Reportedly Nears $500 Million Funding Round
Media reports that Perplexity AI, a startup that developed an artificial intelligence-based search engine, is currently in the final stages of the process of raising $500 million in funding with a valuation of $9 billion.
Why Now is the Best Time for Starting a Hedge Fund
Starting a hedge fund can seem like a daunting task. However, today’s market conditions offer unique opportunities that make it an exciting time to enter this space. This article will explore why now is the best time to start a hedge fund and what factors to consider as you embark on this journey. Understanding Hedge […]
Startup Physical Intelligence Reportedly Raises $400 Million
The media reports that the startup Physical Intelligence, which operates in the area of robotics, was able to raise $400 million in early-stage funding.
Gulf IPOs See Growing Demand
Investors began to pay more active attention to initial public offerings (IPOs) of shares in the Persian Gulf countries, where recently companies from various areas of activity, including healthcare, beauty industry, and retail, were preparing to list their stocks against the background that the economy of this region is undergoing a process of diversification, gradually […]
How to Appeal to Gen Z With Your Fintech Solution
Gen Z is gradually emerging as a major influential power in the e-commerce sector. Although Gen X still remains the biggest spender, Zoomers are expected to display the fastest spending power growth in the next 10 years. Here is how to cater to this increasingly important consumer category with a suitable fintech solution.
US to Invest $825 Million in New York Semiconductor R&D Facility
The administration of the President of the United States Joe Biden on Thursday, October 31, announced investments in the amount of $825 million in the implementation of a project of a new semiconductor research and development facility in Albany, New York.
Airwallex Reportedly Plans to Raise $200 Million
Media reports indicate that Airwallex, a payments platform, is currently in talks to raise $200 million in investment funds.
AI Share in U.S. VC Funding Surges
AI funding surges in 2024, as U.S. investors are seeking opportunities to invest in this rapidly growing but still emerging technology.
Intel Invests $300 Million in China
Intel has announced its intention to expand its chip packaging and testing base in Chengdu, a city located in the southwestern part of China and the capital of Sichuan province.
Osigu Raises $25 Million for Healthcare Platform
Osigu has announced the first closing of a Series B funding round in the amount of $25 million.
Perplexity AI Reportedly Aims to Raise $500 Million
Media reports that artificial intelligence search company Perplexity AI plans to raise investment funds for about $500 million as part of a new round of financing.
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