Search Results for: AI technology

Genera Announces $340+ Million Investment in Sustainable Biomaterials Campus
Fintech Investments News

Genera Announces $340+ Million Investment in Sustainable Biomaterials Campus

Business Wire
by Business Wire0
The investment will expand Genera’s manufacturing, production and distribution operations of its circular, compostable packaging solutions and biomaterials Sustainable molded fiber and biomaterials company Genera announced today it has broken ground on the nearly $350 million expansion of its Sustainable Biomaterials Campus, enabling increased manufacturing, production and distribution operations. The expansion adds......
Spirit Blockchain Capital Secures Major Funding Round from EOS Network Ventures and Prominent Investors
Blockchain News

Spirit Blockchain Capital Secures Major Funding Round from EOS Network Ventures and Prominent Investors

GlobeNewswire
by GlobeNewswire0
Spirit Blockchain Capital (“SBC”) is thrilled to announce the successful closure of its latest funding round, marked by a substantial investment from EOS Network Ventures (“ENV”), the venture capital arm of the 3rd generation enterprise-grade blockchain protocol (the “Offering”). The round also saw participation from other major funding partners, cementing......
Janover Launches its First AI Chatbot SaaS Model and Offers Licensing to Select Commercial Lenders
Lending News

Janover Launches its First AI Chatbot SaaS Model and Offers Licensing to Select Commercial Lenders

GlobeNewswire
by GlobeNewswire0
Multifamily, commercial real estate, and SBA lenders can now dramatically enhance engagement on their websites and improve productivity per employee Janover, an AI-enabled platform for commercial real estate transactions, announced that its now offering its AI chatbot interface under a software-as-a-service (“SaaS”) model to a select number of commercial lenders.......
Clever Carnivore Raises $7M to Expand Operations and Scale Up Production of Cultivated Meat
Fintech Investments News

Clever Carnivore Raised $7 Million Seed Round Funding

Business Wire
by Business Wire0
Delicious, sustainable, cost-competitive and cruelty-free meat is officially in the works. And early investors in Clever Carnivore will be among the first to see how the sausage gets made. Clever Carnivore, a Chicago biotech startup producing low-cost, top-quality cultivated meat, today announced the successful closing of its $7 million seed......
Kinetik Prices $500 Million Sustainability-Linked Senior Notes Offering Due 2028
Fintech Investment Services News

Kinetik Prices $500 Million Sustainability-Linked Senior Notes Offering

Business Wire
by Business Wire0
Kinetik Holdings Inc. (“Kinetik”) announced that its subsidiary, Kinetik Holdings LP (the “Issuer”), has priced its previously announced offering of $500 million sustainability-linked senior notes due 2028 (the “Senior Notes”). The Senior Notes were priced at par. The Senior Notes mature on December 15, 2028, pay interest at the rate......
Compass UOL Offers Financial Institutions New Gen AI Solutions With AWS Financial Services Competency
Finance News

Compass UOL Offers Financial Institutions New Gen AI Solutions With AWS Financial Services Competency

PR Newswire
by PR Newswire0
Helps deliver faster evolution of payments, banking and capital markets, real time operations, and digital banking Digital services company Compass UOL announced it achieved the AWS Financial Services Competency and is offering its Gen AI tools to financial services institutions (FSIs) to speed up the evolution of their business on the cloud.......
IDC Forecasts Revenue for Artificial Intelligence Software Will Reach $307 Billion Worldwide in 2027
Artificial Intelligence Fintech News

IDC Study: AI Software Market will Grow to $307 Billion

Business Wire
by Business Wire0
A recent forecast from International Data Corporation (IDC) shows that the worldwide artificial intelligence (AI) software market will grow from $64 billion in 2022 to nearly $251 billion in 2027 at a compound annual growth rate (CAGR) of 31.4%. The forecast for AI-centric software* includes Artificial Intelligence Platforms, AI Applications,......
Max Life Embraces AI to deliver Hyper-Personalized Interactions to Customers
InsurTech News

Max Life Embraces AI to deliver Hyper-Personalized Interactions to Customers

PR Newswire
by PR Newswire0
Personalized videos for customers, deliver timely reminders for premiums, sales training amongst other innovations Max Life Insurance Company Ltd. (“Max Life” / “Company”), is undertaking a significant advancement in engaging with its customers by introducing AI-powered personalization across the board- starting with renewals messaging. On the forefront of the AI campaign......
Leading AI Decisioning Platform Rich Data Co Successfully Raises $17.5 Million in Series B Round
Lending News

Leading AI Decisioning Platform Rich Data Co Successfully Raises $17.5 Million in Series B Round

PR Newswire
by PR Newswire0
Rich Data Co (RDC) a leading AI decisioning platform that helps banks make high-quality lending decisions efficiently and safely – has successfully raised US$17.5m in its Series B round. The funding round was led by major Australian bank Westpac and global leader in cloud banking nCino, and supported by a reinvestment from......
Merchants Prioritize Customer Experience Over Effective Fraud Prevention Despite Significant Concern for AI-Enabled Fraud Attacks in Digital Transactions
E-commerce News

Merchants Prioritize Customer Experience Over Effective Fraud Prevention Despite Significant Concern for AI-Enabled Fraud Attacks in Digital Transactions

PR Newswire
by PR Newswire0
New Research from Liminal Forecasts Transaction Fraud Prevention in E-Commerce Market to Grow 11.8% CAGR over the next 4 years, Signaling a Paradigm Shift The rapid growth in e-commerce transactions has brought a concerning uptick of 80% in fraud attempts, driven by advanced AI technologies and first-party fraud attacks, resulting in......
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