Big tech raises AI CapEx guidance, investors wary
The world's largest cloud providers used their latest quarterly reports to tell Wall Street the same thing: AI infrastructure spending ...
Tag: capital
Citi used generative AI to read 1,089 pages of new capital rules
Citigroup Inc. is planning to grant the majority of its over 40,000 coders access to generative artificial intelligence as Wall ...
Financing a startup: Breaking through current cost barriers
It’s a tough time to finance a startup. Startups looking to secure capital to underwrite consumer auto loans this year ...
2019 Looks Promising for Fintech Partnerships, Bank Innovation Poll Finds
There are startups that want to destroy banks and startups that want banks to buy their software, as Bank Innovation has previously ...
New Unicorn Revolut Will Use Capital For International Expansion
U.K.-based digital bank Revolut has raised $250 million in a Series C, boosting the company’s valuation to unicorn status. The ...
MobileCoin Raises $30M For Crypto, Mobile Messaging
Cryptocurrency startup MobileCoin has just raised $30 million for the expansion of its technology, which will link the startup’s cryptocurrency ...
Kabbage Set to Acquire Lending Data Startup Orchard Platform Markets
Small business banking company Kabbage is set to acquire startup Orchard Platform Markets, a provider of lending data and services, ...
British P2P Fintech Zopa Valuation Could Surpass $550 Million
British P2P lender Zopa, which is working on restructuring its business into three categories for the launch of its challenger ...
Latest Funding Round Could Lift Ant Financial to $150B Valuation
Ant Financial, the fintech company that manages popular Chinese mobile payment service Alipay, is looking to raise $9 billion in ...
PeerStreet Will Use $29.5M Funding for New Kinds of Loans
Real estate startup PeerStreet has raised $29.5 million in a Series B, which will be used to fund new loans ...
