Category : Investments

New Study Finds GenAI as Top Tech Investment for Manufacturers, While 94% Expect to Maintain or Expand Their Workforce
Fintech Investments News

New Study Finds GenAI as Top Tech Investment for Manufacturers, While 94% Expect to Maintain or Expand Their Workforce

Business Wire
This year’s report reveals a focus on harnessing new and emerging technologies to build resiliency, improve quality, maximize workforce potential, and drive sustainable growth. Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced the results of the 9th annual “State of Smart......
Investment Firms Overlook AI as a Cybersecurity Risk and Remain Wary About SEC Cybersecurity Enforcement and Compliance with New Rules, Survey Reveals
Finance Fintech Investments News

Investment Firms Overlook AI as a Cybersecurity Risk and Remain Wary About SEC Cybersecurity Enforcement and Compliance with New Rules, Survey Reveals

Business Wire
Nearly 40% of compliance professionals from asset management, investment adviser, and private markets firms have yet to evaluate Artificial Intelligence (AI) as a cybersecurity risk, while 44% have concerns about how the SEC’s new cybersecurity rules will be enforced. Nearly 40% of compliance professionals from asset management, investment adviser, and......
SafeSend Reports Record-Breaking Year with 83% YoY Usage Growth: Product Innovation & Roadmap Investment to Deliver Single-Point Solution for Unmatched Client Experience
Fintech Investments News

SafeSend Reports Record-Breaking Year with 83% YoY Usage Growth: Product Innovation & Roadmap Investment to Deliver Single-Point Solution for Unmatched Client Experience

PR Newswire
Boosted by increased firm and client adoption, additional features within the SafeSend Suite reported massive YoY growth, the new secure file-exchange capability experienced usage growth of +2,600% and the e-signature solution reported usage growth of 90%. SafeSend, the leading provider of automation technology for tax and accounting firms, reported an......
Li-Cycle Provides Business Update, Following Announcement of $75 Million Investment from Glencore
Fintech Investments News

Li-Cycle Provides Business Update, Following Announcement of $75 Million Investment from Glencore

Business Wire
iPipeline designed OneView to simplify the application process across multiple insurance carriers. Li-Cycle Holdings Corp., a leading global lithium-ion battery resource recovery company, today provided a business update “Since embarking on our comprehensive review, we are pleased to report significant progress, including improving our current liquidity position and conducting an......
QuantexAI Secures $1M Pre-Seed Funding
Artificial Intelligence Fintech Investments News

QuantexAI Secures $1M Pre-Seed Funding

Business Wire
This funding marks a significant step forward in the company’s mission to democratize data science for enterprise users, especially those with minimal technical background. QuantexAI, an innovative startup in the field of Generative AI and Data Science, announced that it has successfully secured $1 million during its pre-seed funding round.......
Grant Thornton to accelerate business strategy with investment from New Mountain Capital
Fintech Investments News

Grant Thornton to accelerate business strategy with investment from New Mountain Capital

Fintech News Desk
Following the closing of the transaction, which is expected in the second calendar quarter of 2024, Grant Thornton will operate in an alternative practice structure: Grant Thornton LLP, a licensed CPA firm, will provide attest services — and Grant Thornton Advisors LLC will provide business advisory and non-attest services. Grant......
M4E Lithium Secures $7.5M to $10M Funding to Accelerate Brazilian Lithium Exploration
Fintech Investments News

M4E Lithium Secures $7.5M to $10M Funding to Accelerate Brazilian Lithium Exploration

Business Wire
M4E Lithium secured a $7.5M to $10M funding from industry leading Lithium Royalty Corp. (“LRC”) and the Electrification and Decarbonization fund managed by Waratah Capital Advisors (founder of LRC) The financing package includes an equity investment, a royalty purchase and an option for a strategic offtake agreement (with a buyback......
New IDC Spending Guide Forecasts Edge Computing Investments Will Reach $232 Billion in 2024
Finance Fintech Investments News

New IDC Spending Guide Forecasts Edge Computing Investments Will Reach $232 Billion in 2024

Business Wire
Worldwide spending on edge computing is expected to be $232 billion in 2024, an increase of 15.4% over 2023. Worldwide spending on edge computing is expected to be $232 billion in 2024, an increase of 15.4% over 2023. According to a new forecast from the International Data Corporation (IDC) Worldwide Edge......
Zephyr AI Raises $111 Million in Series A Financing
Fintech Investments News

Zephyr AI Raises $111 Million in Series A Financing

Business Wire
The new funds will enable Zephyr AI to further enhance its analytical speed and fortify its extensive collection of training and validation data sets. Zephyr AI, Inc., a healthcare technology company committed to developing fast and explainable Artificial Intelligence (AI) solutions to democratize precision medicine, today announced it has successfully......
Big Sur AI raises $6.9M and launches an AI Sales Agent for E-commerce Merchants
Artificial Intelligence Fintech Investments News

Big Sur AI raises $6.9M and launches an AI Sales Agent for E-commerce Merchants

Business Wire
Consumers engaging with company’s AI-powered merchant solutions are converting four times more in initial deployments Today, Big Sur AI, an AI platform for e-commerce, announced a $6.9M seed round to democratize and simplify access to AI for retailers and brands. The round, which was led by Lightspeed Venture Partners and included......
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