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 ...
Tag: Bloomberg
Tether to launch new US stablecoin, Bo Hines to lead project
Tether Holdings SA, the company behind the world’s most traded cryptocurrency, is bringing its digital dollar home, unveiling a US-regulated ...
Robots step in more than ever when credit traders go on vacation
When US credit traders go to the beach, algorithms are increasingly stepping in for them, allowing transaction volume to stay ...
PNC to reach Colorado-expansion target with FirstBank takeover
PNC Financial Services Group Inc. will fulfill its goals for expanding across Colorado with the planned takeover of FirstBank Holding ...
Trimont picks JPMorgan for payments using blockchain
Trimont LLC, a global commercial real estate loan servicing company, is using JPMorgan Chase & Co.’s blockchain platform to help ...
Crypto Wallet provider MetaMask to offer a Stablecoin with Stripe’s Bridge
Leading crypto wallet provider MetaMask is launching its own stablecoin in partnership with payment giant Stripe Inc.’s stablecoin arm, Bridge, ...
Oracle cuts jobs in cloud infrastructure unit amid AI spending
Oracle Corp. is cutting jobs in its closely watched cloud unit, the latest company taking steps to control costs amid ...
PNC teams with Coinbase to give bank clients crypto access
PNC Financial Services Group Inc. formed a partnership with crypto exchange Coinbase Global Inc. to offer its banking customers access ...
Crypto market gets major win as Congress passes stablecoin bill
Congress delivered a watershed victory for the crypto industry on Thursday, passing the first federal legislation to regulate stablecoins and ...
PNC considers charging fintechs for access to customer data
PNC Financial Services Group Inc. is considering charging financial-technology companies for access to valuable customer data, following the lead of ...
