OpenAI acquires finance startup Roi
Artificial intelligence company OpenAI has acquired Roi, a startup focused on using AI to personalize investing. Founded to make investing...
Strategy
Startup Datalinx AI joins Databricks AI Accelerator Program
Data refinery fintech Datalinx AI has been selected as one of five participants in the inaugural cohort for data intelligence...
AI is dominating 2025 VC investing, pulling in $192.7B
Venture capitalists poured $192.7 billion into AI startups so far this year — setting new global records and putting 2025...
Federal Reserve’s gen AI experimentation will take years, Powell says
Even an institution as steeped in tradition as the Federal Reserve is exploring use cases for gen AI. “Generative AI...
Distyl AI raises $175M in series B round to take firms ‘AI-native’
AI solutions provider Distyl AI has raised $175 million in a series B round, hitting a valuation of $1.8 billion. ...
Nvidia to invest $100 Billion in OpenAI for data centers
Nvidia Corp. will invest as much as $100 billion in OpenAI to support building of new data centers and other...
CEO Walters: Finastra planning to streamline with agentic AI
NEW YORK — Fintech Finastra is working with clients to deploy agentic AI within payments processes to boost efficiency and...
Agentic AI deployment requires 4 prerequisites
Agentic AI for financial services has arrived, but before going all in on the emerging technology, financial institutions have multiple...
At least one VC is using AI for all investment decisions
Venture capital firms are now using AI to make investment decisions. San Francisco-based venture firm Trac.VC is using only AI...
Gen AI return on investment ‘not that great,’ credit union CTO says
NEW YORK — Financial institutions are diving headfirst into gen AI but University of Michigan Credit Union hasn’t seen much...
