IBM among tech giants investing $235m in AI start-up Hugging Face
Artificial Intelligence (AI) start-up Hugging Face has secured $235m in a Series D funding round, that featured numerous tech giants.
Evident launches generative AI solution to assist risk managers
Evident has launched a generative AI solution for risk managers to streamline and simplify the insurance verification process.
Aviva Canada partners with RentHaven to offer Canadians rent deposit alternatives
Aviva Canada, a leading insurance provider, has joined forces with RentHaven, to provide renters with an innovative alternative to traditional security deposits.
GenAI startup Automat raises $3.75m
Automat AI has raised $3.75 million in a seed funding round, as it looks to offer a usage-based SaaS subscription model for RPA.
Amazon gives Alexa a generative AI boost
Amazon has announced they will be giving their virtual assistant ‘Alexa’ an injection of a new Generative AI model as the AI race between tech giants continues.
German FinTech finway lands €9.2m in Series A raise
German finance operating system for SMBs finway has raised €9.2m in a Series A financing raise led by Capital 49.
Visa invests in Form3 to help bolster anti-fraud efforts
Visa has entered into a commercial partnership with Form3, to reduce the high levels of fraud across real-time account-to-account payments.
La Banque Postale launches €1bn energy transition infrastructure fund for a greener Europe
La Banque Postale and its affiliated entities, LBP AM and CNP Assurances, have unveiled a €1bn impact infrastructure debt fund, setting their sights on energy transition-centric ventures across Europe.
Goldman Sachs enters final stage of GreenSky sale
Goldman Sachs’ proposed sale of FinTech lender GreenSky is reportedly entering its final stages, with bidders asked to place their best and final offers.
Finastra offers Compliance-as-a-Service package for instant payments
Finastra has teamed up with financial crime specialists Fincom and ThetaRay to offer pre-packaged compliance screening for banks delivering instant payments.
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