AI investments

90% of CFOs Report ‘Very Positive’ ROI From GenAI in Just 9 Months

90% of CFOs Report ‘Very Positive’ ROI From GenAI in Just 9 Months
90% of CFOs Report ‘Very Positive’ ROI From GenAI in Just 9 Months
March 06, 2025  |  Artificial Intelligence

Generative artificial intelligence (GenAI) is changing the business landscape, especially in the financial sector. CFOs of U.S. companies with more than $1 billion in revenue...

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AI Startups: Google-Backed IT Startup NinjaOne Raises $500 Million
AI Startups: Google-Backed IT Startup NinjaOne Raises $500 Million
March 04, 2025  |  Artificial Intelligence

NinjaOne, a provider of automated endpoint management that enables companies to oversee and protect all their computers and devices, has raised $500 million for a...

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Report: Meta Looks to Raise $35 Billion to Develop Data Centers
Report: Meta Looks to Raise $35 Billion to Develop Data Centers
February 27, 2025  |  Facebook / Meta

Meta is reportedly in talks to raise $35 billion to help finance the development of data centers in the U.S. The talks are at an early stage...

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House Financial Services Seeks Ways to Compete With China
House Financial Services Seeks Ways to Compete With China
February 26, 2025  |  Legal & Regulation

How can the U.S. best compete with China? It was the question at the center of a hearing Tuesday (Feb. 25) by the House Financial...

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Report: Perplexity Creating $50 Million Venture Fund for AI Startups
Report: Perplexity Creating $50 Million Venture Fund for AI Startups
February 25, 2025  |  Investments

Perplexity AI is reportedly creating a $50 million venture fund focused on U.S.-based pre-seed and seed artificial intelligence (AI) startups. The company, which is an...

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Walmart and Amazon Expand AI Investments to Boost Efficiency
Walmart and Amazon Expand AI Investments to Boost Efficiency
February 21, 2025  |  Retail

Walmart and Amazon are doubling down on AI investments to drive efficiency, enhance customer experiences and fuel business growth, with both companies making significant strides...

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Alibaba Ramps Up AI Spending in Pursuit of AGI
Alibaba Ramps Up AI Spending in Pursuit of AGI
February 20, 2025  |  Earnings

In the next three years, Alibaba will spend more on artificial intelligence (AI) than it has in the last decade. AI played a key role...

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CredCore Raises $16 Million for AI-Powered Debt Capital Market Tool
CredCore Raises $16 Million for AI-Powered Debt Capital Market Tool
February 20, 2025  |  Investments

Debt management platform CredCore has raised $16 million for its AI-powered solution. The New York-based company’s Series A funding round, announced Thursday (Feb. 20), will...

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