The parent company of artificial intelligence agent startup Manus, Butterfly Effect, has raised $500 million in a funding round, months after the Chinese government blocked Meta’s acquisition of the company, according to multiple media reports. Butterfly Effect announced the round in a post on Chinese...
Firmus Grid, a Nvidia-backed Australian data center company, is having trouble generating support for its stock market listing, Bloomberg reported Thursday (Oct. 8). The development reveals a new weakness in the artificial intelligence funding boom, the report said. Firmus’ planned $5.5 billion initial public offering...
Cloud computing company Lambda is raising as much as $4 billion in a funding round that will value the company at $14.5 billion, excluding the money raised, the Wall Street Journal reported Tuesday (Oct. 6), citing unnamed sources. Lambda is raising this funding in a final round before a...
Valon Technologies raised $150 million in a Series D funding round to accelerate the deployment of its artificial intelligence (AI) platform for mortgage servicing, the company said in a Monday (Oct. 5) press release. The round doubled Valon’s valuation to $2.3 billion, according to the release....
Watch more: Monday Conversation With Decade’s Vitor Olivier Vitor Olivier spent years building the infrastructure behind Nubank, the Brazilian digital bank that gave roughly 100 million people a cheaper, simpler way to handle everyday transactions. Now he is going after the part of financial life...
Payments infrastructure firm OpenPayd is reportedly setting the stage to go public in the U.S. The U.K. company expects to list on the Nasdaq by the year’s end as it prepares to enter the America market and embark on new acquisitions, CEO Iana Dimitrova said...
Cybersecurity firm Armadin says it has raised $255.5 million in new funding. The company’s Series B round, announced Thursday (Oct. 1), values Aramdin at more than $2.5 billion and will help it scale its agentic security platform, research, training and go-to-market efforts. “Seven months after emerging from stealth, Armadin...
Robinhood is giving retail investors new access to artificial intelligence (AI) agents that can trade for them. Customers approve each order by default. They can also turn approvals off and let the agent act alone. The company unveiled Robinhood Agents at its HOOD Summit in...
U.K. FinTech Zilch is reportedly in discussions with banks as it prepares to go public. The company, whose offerings include buy now, pay later (BNPL) loans, is looking to list on the London Stock Exchange, the Financial Times (FT) reported Wednesday (Sept. 30). Sources familiar...