Investments

Investments
Groq Raises $640 Million to Scale AI Inference Platform’s Capacity
August 05, 2024

Groq has raised $640 million in a Series D funding round to scale the capacity of its vertically integrated artificial intelligence (AI) inference platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Report: OpenAI Backer Thrive Capital Raises $5 Billion
August 05, 2024

Thrive Capital reportedly raised $5 billion for its biggest-ever pair of venture capital funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Investments
Aviva Raises $5.5 Million to Provide Financial Services to ‘Underserved’
August 05, 2024

Mexico-based FinTech Aviva has raised $5.5 million in seed funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Investments
Axle Automation Raises $2.5 Million to Grow AI-Powered AML/KYC Solutions
August 05, 2024

Axle Automation raised $2.5 million in a seed funding round to grow its artificial intelligence (AI)-powered anti-money laundering and know your customer (AML/KYC) solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Layer2 Raises Over $10 Million for Cross-Border B2B Payments Offerings
August 05, 2024

Cross-border payments infrastructure platform Layer2 Financial raised $10.7 million in a Series A round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Investments
Chinese AI Startup Moonshot Reaches $3 Billion Valuation
August 05, 2024

Chinese generative AI startup Moonshot has reportedly raised $300 million in a new funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Investments
Private Equity Firms Invest $162 Billion on ‘Pent Up’ Deal Supply
August 04, 2024

America’s private equity giants have reportedly invested $162 billion in anticipation of a deal-making revival. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Investments
Investors Increasingly Skeptical That AI Opportunities Outweigh High Costs
August 02, 2024

Big Tech companies’ efforts around artificial intelligence (AI) are reportedly getting a largely negative reception on Wall Street. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Investments
AI Financial Crimes Platform Hawk Grows Funding to Drive International Expansion
July 31, 2024

Hawk has expanded its Series B funding amid a new investing partnership with Macquarie Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...