Generative AI is enhancing cybercriminal tools, leading to increased threats like deepfakes and fraudulent receipts. OpenAI has invested in New York-based Adaptive Security, which recently…
Phonic, a startup founded by MIT graduates Moin Nadeem and Nikhil Murthy, aims to enhance the reliability of AI-generated voices for applications like audiobooks and…
Ballistic Ventures, a venture capital firm focused on cybersecurity startups, plans to raise $100 million for its new fund, as indicated by a recent SEC…
Axyon AI, a FinTech leader, has secured €4.3 million in funding, led by CDP Venture Capital and supported by US firms Green Sands Equity and…
On March 31, OpenAI raised a historic US$40 billion in a private funding round, valuing the company at US$300 billion. Led by SoftBank and supported…
Deutsche Bank’s investment division, DWS, has been fined €25 million (about $27 million) by the Frankfurt prosecutor’s office for allegedly misrepresenting its sustainable investment practices.…
During the COVID-19 pandemic, mortgage rates fell to historic lows but rose to nearly 8% by 2023. The average 30-year fixed mortgage APR is now…
London-based Zepz, parent company of remittance services WorldRemit and Sendwave, has secured €152 million in credit facilities to enhance its competitive edge in the remittance…
South Korea’s HYBE IM has secured an additional $21 million in funding, building on its previous $80 million round, to strengthen its position in game…
Construct Capital, a Washington, D.C.-based early-stage venture capital firm, has successfully closed its third fund, raising $300 million in capital commitments. Founded in 2020 by…