IFC Launches AI Tool for Sustainable Investments
MALENA from IFC leverages artificial intelligence (AI) to transform environmental, social, and governance (ESG) analysis for emerging markets and facilitate sustainable investments.
Investing - page 17
Marqo Raises $12.5 Million
Marqo raised $12.5 million in a Series A funding round.
MSA Capital to Raise $1 Billion for Mideast Startups
The Chinese venture capital company MSA Capital, supported by the unit of the Saudi Arabian Public Investment Fund, intends to raise $1 billion in financing to support technology startups in the Middle East.
TSMC to Open Second Japan Chip Factory
Taiwan Semiconductor Manufacturing Co., one of the world’s largest chip makers, is expanding its presence in Japan.
Sri Lanka Eyes $5 Billion in Foreign Funds
Sri Lanka expects to raise about $5 billion in foreign funds over the next two years.
Nvidia Joins Funding for AI Chatbot Maker Kore.ai
Nvidia Corp. joined the $150 million capital infusion into the chatbot creator Kore.ai.
AI Chip Startup Rebellions Secures $124 Million
The South Korean startup Rebellions Inc. announced that it managed to raise $124 million in financing from investors, including KT Corp., to accelerate work on the development of a new generation artificial intelligence chip, which is a kind of example of the growing interest in hardware that drives AI.
PayPal Funds Crypto Payment Startup Mesh With PYUSD Stablecoin
PayPal has invested in Mesh, a crypto-friendly embedded finance solution, almost completely funding the investment with PayPal USD (PYUSD) – Ethereum-based stablecoin.
AI Startup Sierra Reportedly Plans to Raise $85 Million
The media reports that Sierra startup, which is focused on enterprises and operates in the sphere of artificial intelligence, is approaching the status of a unicorn with new investments.
B2B Provider Mondu Raises $33 Million
B2B payment solution provider Mondu has announced that it has raised additional financing for 30 million euros ($33 million).
Publicis Plans €300 Million AI Investment
Publicis Groupe SA has announced its intention to invest €300 million in artificial intelligence over the next three years.
RagaAI Secures $4.7 Million
The startup RagaAI, which was founded by technology veteran and former Nvidia executive Gaurav Agarwal, raised seed funding for $4.7 million.
ElevenLabs Raises $80 Million for AI Projects
The startup ElevenLabs, which uses artificial intelligence software to replicate voices in more than 20 languages, has conducted a new round of funding.
World Bank Aims to Surpass $40 Billion Climate Funding Goal Next Year
The World Bank Group – the biggest provider of climate finance to developing countries – is now aiming for 45% of all financing to go toward climate projects by 2025.
Goldman Sachs Increases Loan Facility to Hong Kong Fintech Firm FundPark
Hong Kong-based fintech startup FundPark, which specializes in providing trade finance to small and medium-sized enterprises, announced that it managed to raise $500 million from Goldman Sachs.
N26 Rolls Out Stock & ETF Trading
German online bank N26 has launched the long-anticipated Stock and ETF trading product that will allow its customers to buy and sell stocks and ETFs in-app for 0.90 EUR per trade.
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