Tagged: artificial intelligence

July 26, 2025 @ 12:00 pm By Omar Faridi  |  

Accenture (NYSE: ACN) announced updates focused on AI and technology-driven digital transformation. Recent developments highlight the company’s commitment to expanding its capabilities through strategic acquisitions and partnerships, focusing on artificial intelligence (AI), cloud technology, and digital transformation. These moves, including the acquisition of Maryville Consulting… Read More

July 22, 2025 @ 8:53 am By Omar Faridi  |  

Recently, Ari Redbord, Global Head of Policy at TRM Labs, testified before the House Judiciary Subcommittee on Crime and Federal Government Surveillance, addressing the escalating intersection of artificial intelligence (AI) and criminal activity. The hearing, titled “Artificial Intelligence and Criminal Exploitation: A New Era of… Read More

July 21, 2025 @ 11:01 am By Omar Faridi  |  

In an era where digital transformation drives economic and technological breakthroughs, the question of where the world’s most qualified web and tech talent will gravitate is becoming critical. A report from Boston Consulting Group (BCG) dives into the global competition for highly skilled digital professionals,… Read More

July 19, 2025 @ 11:17 am By Omar Faridi  |  

Remitly, an international payments company, is harnessing artificial intelligence to streamline its operations and enhance customer experiences. As outlined in a recent letter from CEO Matt Oppenheimer, published on July 17, 2025, Remitly is embracing AI as a potentially transformative tool, comparable to the advent… Read More

July 11, 2025 @ 2:54 am By Omar Faridi  |  

The artificial intelligence (AI) and machine learning (ML) sector has solidified its position as the powerhouse of venture capital (VC) investment, with a record-breaking $73.6 billion raised across 1,603 deals in the first quarter of 2025, according to PitchBook’s Q1 2025 AI & ML VC… Read More

July 10, 2025 @ 1:52 pm By Omar Faridi  |  

Okoora, a company redefining global foreign exchange (FX) infrastructure, today announced a strategic partnership with DashDevs, global fintech product engineering company, to streamline the delivery of embedded foreign exchange (FX) functionality in digital financial products. The partnership brings together Okoora’s FX360 engine, an AI-powered infrastructure… Read More

July 9, 2025 @ 10:48 am By Omar Faridi  |  

The retail industry stands at the cusp of a transformative era, with artificial intelligence (AI) poised to potentially redefine how commerce operates. This, according to an update from CB Insights. As autonomous shopping tools and agentic payment solutions gain traction, retailers are racing to integrate… Read More

July 9, 2025 @ 7:39 am By Omar Faridi  |  

Castellum.AI, a financial crime compliance platform with in-house risk data, AML/KYC screening, and AI agents, announced the close of an $8.5m Series A round. CEO and Co-Founder Peter Piatetsky said: “Compliance teams are drowning in false positives while financial crime slips through the cracks. We’ve… Read More

July 4, 2025 @ 8:20 am By Omar Faridi  |  

The venture capital landscape in 2025 continues to be shaped by transformative trends, with mega-rounds and AI-driven unicorns dominating the startup ecosystem. According to recent reports from CB Insights, the first half of 2025 has seen significant activity in high-value funding rounds and the emergence… Read More

July 2, 2025 @ 1:52 am By Omar Faridi  |  

Schroders Capital, the $99.3 billion private markets division of Schroders,  announces the expansion of its advanced Artificial Intelligence (AI) tools through the introduction of an innovative virtual ‘investment committee agent’. This newly developed AI tool aims to “further strengthen the investment decision-making process.” Developed by… Read More

July 1, 2025 @ 12:55 pm By Omar Faridi  |  

As artificial intelligence (AI) radically reshapes business, a vast majority of organizations (90%) are not adequately prepared to secure their AI-driven future, according to a new report from Accenture (NYSE: ACN). Globally, nearly two-thirds (63%) of companies are in the “Exposed Zone,” indicating they lack… Read More

June 28, 2025 @ 4:17 pm By Omar Faridi  |  

European companies must strengthen the capabilities needed to scale AI faster if they are to “address the growing productivity gap and enhance the region’s overall competitiveness,” according to a report released by Accenture (NYSE: ACN). The study highlights that the average European worker “now produces… Read More

June 26, 2025 @ 2:46 am By Omar Faridi  |  

AI boosts productivity and profitability for UK businesses. The vast majority of businesses using AI say the technology has “helped them to boost their productivity and profitability,” new research from Lloyds’ Business Barometer. Of the 59% of UK companies currently using AI, “more than three… Read More

June 20, 2025 @ 4:33 pm By Omar Faridi  |  

Accenture (NYSE: ACN) announced changes to its growth model and its leadership, effective September 1, 2025. Accenture has delivered on its strategy “to be its clients’ reinvention partner of choice and to lead in Gen AI through its deeply skilled people and by bringing its… Read More

June 12, 2025 @ 5:19 am By Omar Faridi  |  

Starling Bank customers can now use Artificial Intelligence (AI) to better understand their spending habits. The UK-first feature, called ‘Spending Intelligence’, allows customers to ask questions about their money, such as “How much did I spend on groceries last week?” or ”How much did I… Read More

June 7, 2025 @ 5:25 pm By Michael Wong  |  

Artificial intelligence is playing a growing role in the way consumers shop across Asia Pacific, with more than a third now relying on AI tools to assist with purchase decisions, according to Adyen’s 2025 Annual Retail Report. Based on a survey of 41,000 consumers in… Read More

June 5, 2025 @ 10:40 am By JD Alois  |  

Venture capital is investing in data centers as part of an infrastructure play targeting the Artificial Intelligence (AI) sector. While private markets ebb and flow with one sector hot today, and cold tomorrow, AI has a pretty huge runway, and private investors are taking advantage… Read More

May 31, 2025 @ 3:15 pm By Omar Faridi  |  

The artificial intelligence (AI) evolution is reshaping industries, and the world’s top three cloud providers—Amazon, Microsoft, and Alphabet—are at the forefront of this transformation. As AI workloads surge, these cloud providers are investing to capture market share and monetize the demand for computing power. According… Read More

May 22, 2025 @ 8:27 am By Michael Wong  |  

A sweeping new report from KPMG and Melbourne Business School finds a widening gap between public trust and the rapid adoption of artificial intelligence (AI), as nearly 87% of global respondents call for stronger regulation amid rising concerns about misinformation and ethical usage. Titled Trust,… Read More

May 22, 2025 @ 2:13 am By Omar Faridi  |  

World has reportedly raised $135M from Andreessen Horowitz and Bain Capital Crypto to fund network expansion. To date, more than “26M users participate in the World network and more than 12.5M people have an Orb-verified World ID.” To meet increasing demand for Orb-verified World IDs… Read More