Tags: finance

OpenAI has achieved a historic funding milestone, raising $40 billion in one of the largest private funding rounds ever, boosting its valuation to $300 billion.…

Recent issues with the ASX’s Chess system have raised operational reliability concerns in the Australian equity market. A memory allocation problem prevented batch settlements for…

SumUp, a global FinTech firm, has partnered with FreedomPay to enhance payment solutions for retail and hospitality businesses worldwide. This collaboration aims to create a…

The European Union (EU) has approved a proposal to postpone key sustainability reporting requirements, aimed at easing regulatory burdens on companies. This decision introduces a…

The FinTech sector attracted over $1 billion in investments this week, with 16 transactions totaling $1.13 billion despite a slow deal flow. Notable deals included…

The Intercontinental Exchange (ICE) has signed a Memorandum of Understanding with Circle to explore integrating Circle’s USDC stablecoin and US Yield Coin across its platforms,…

OpenAI is nearing a $40 billion funding round, primarily backed by SoftBank, which aims to enhance its capabilities, especially with tools like ChatGPT’s image-generation. SoftBank…

Mercury Financial, a provider of banking services for tech startups, has secured $300 million in Series C funding, raising its valuation to $3.5 billion. Led…

Island, a Dallas-based enterprise browser startup, has raised $250 million in its Series E funding round, increasing its valuation to $4.85 billion. This funding, led…

Island, the creator of the Enterprise Browser, has raised $250 million in a Series E funding round, elevating its valuation to $4.8 billion since its…