Groq Seeks $650 Million Amid Shift to AI Inference Neocloud Business

Groq Seeks $650 Million Amid Shift to AI Inference Neocloud Business
Groq Seeks $650 Million Amid Shift to AI Inference Neocloud Business
May 28, 2026  |  Investments

Groq is looking to raise as much as $650 million from existing investors as it transitions from AI chipmaker to AI inference neocloud business, Axios reported Thursday...

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Inflation Hits Every Generation. But Not in the Same Place.
Inflation Hits Every Generation. But Not in the Same Place.
May 28, 2026  |  Economy

Inflation in the United States hit 3.8% in April, its highest in nearly three years. Get the Full Story Complete the form to unlock this...

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The Services Budget Is AI’s Biggest Prize
The Services Budget Is AI’s Biggest Prize
May 28, 2026  |  Artificial Intelligence

Enterprise software budgets are large. Enterprise services budgets are larger. A company might spend $10,000 licensing accounting software and 10 times that on the firm...

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Amazon and Walmart Aren’t Just Competing on Retail Anymore
Amazon and Walmart Aren’t Just Competing on Retail Anymore
May 28, 2026  |  Retail

Memorial Day weekend was supposed to provide another read on the resilience of the American consumer. Instead, for Amazon and Walmart, the holiday became a...

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CoreWeave Speeds AI Agent Deployment With Real-World Learning
CoreWeave Speeds AI Agent Deployment With Real-World Learning
May 28, 2026  |  Artificial Intelligence

CoreWeave launched unified agentic artificial intelligence capabilities that enable agents to learn and improve as they operate in the real world. Get the Full Story...

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Fiserv Turns to Cognition to Modernize Banking Tech
Fiserv Turns to Cognition to Modernize Banking Tech
May 28, 2026  |  Partnerships

Payments and financial technology provider Fiserv is teaming with AI agent lab Cognition. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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TD Bank Says AI Is Cutting Mortgage Approvals From 15 Hours to 3 Minutes
TD Bank Says AI Is Cutting Mortgage Approvals From 15 Hours to 3 Minutes
May 28, 2026  |  Earnings

TD Bank’s latest earnings call suggested the industry is moving into a more operational phase in its use of artificial intelligence, where AI is increasingly...

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Finix Offers Merchants Access to Visa’s Cybersource Gateway
Finix Offers Merchants Access to Visa’s Cybersource Gateway
May 28, 2026  |  Partnerships

Payment processor Finix says it has launched a new integration with Visa’s Cybersource acceptance solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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CNN Lawsuit Accuses Perplexity of Illegally Copying Content
CNN Lawsuit Accuses Perplexity of Illegally Copying Content
May 28, 2026  |  Legal & Regulation

CNN has sued Perplexity for alleged unlawful copying and distribution of the news network’s material. Get the Full Story Complete the form to unlock this...

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