U.K. FinTech investments have reached a 10-year low amid an overall jump in funding. British financial technology firms took in around $2.5 billion during the first six months of 2026, a two-thirds decline from the previous year, according to the latest edition of KPMG’s Pulse...
Payload has secured a strategic investment led by Fifth Third to expand its embedded payments platform, Payload said in a Wednesday (Aug. 19) press release. Payload was founded in late 2019, processed its first payment in January 2020 and processed nearly $500 million in May alone, according to the release. The...
Nscale, a developer of artificial intelligence (AI) data centers, aims to raise as much as $3 billion in an initial public offering that could take place as soon as September, Bloomberg reported Friday (Aug. 21), citing unnamed sources. Deliberations are ongoing, and the details could change,...
Dexmal, a Chinese firm developing embodied artificial intelligence to control robots, is seeking a valuation of 20 billion yuan ($3 billion) in a funding round, Bloomberg reported Friday (Aug. 21). The talks are ongoing, Dexmal Founder Tang Wenbin said in the report. Previous Dexmal funding...
California is reportedly seeing an historic wave of investment due to Silicon Valley’s artificial intelligence (AI) boom. Companies there have taken in around $366 billion in venture capital this year, with just two artificial intelligence (AI) firms—OpenAI and Anthropic—accounting for half that total, The Wall...
Nvidia has discussed participating in a funding round that would value Mercor, a data labeling provider that supplies data that helps the chip designer develop open-source models, at $20 billion, The Information reported Wednesday (Aug. 19), citing unnamed sources. The size of Nvidia’s potential investment and the total...
FinTech PointsKash has secured a strategic capital commitment of up to $100 million from Hawk Capital Advisors to support the national rollout of its FinTech, payments, loyalty rewards and digital commerce offerings, PointsKash said in a Wednesday (Aug. 12) press release. PointsKash is developing physical and digital platforms to create a flexible...
Voice artificial intelligence (AI) startup Wispr Flow is now a $2 billion company after raising $280 million. The company’s Series B round, announced Monday (Aug. 17), comes as Wispr Flow is debuting its latest speech model to address changing needs around voice-to-text technology. “For most...
Artificial intelligence (AI) inference company Groq has raised $350 million in new funding. The Series A round will help Groq support customers “seeking usage of medium and larger sized clusters of Nvidia accelerated computing for training and inference,” the company said in a news release...