London-based insurtech startup Marshmallow has raised $90 million in new funding to expand beyond car insurance and launch new financial products tailored for migrants. The company — now valued at over $2 billion — plans to introduce lending services lat ...
Fake AI, Real Fraud: Fintech Founder Indicted Over Misleading AI Claims
In a case that casts fresh scrutiny on AI hype in the enterprise space, the founder of a once-buzzy fintech startup is now facing federal fraud charges. Albert Saniger, founder and former CEO of New York-based company Nate, has been indicted for allegedl ...
Solve Intelligence Secures $12M to Transform Patent and IP Workflows with AI
Solve Intelligence, a legal tech startup based in Delaware, has successfully raised $12 million in a Series A funding round, led by 20VC. This investment will accelerate the growth of its AI-powered platform designed to revolutionize how patent professio ...
CEOs Forecast AI as a Superior Strategic Planner Over Board Members
A new survey suggests that an overwhelming majority of CEOs are beginning to view artificial intelligence as a viable alternative to human board members when it comes to formulating business strategies. Data from AI platform provider Dataiku reveals that ...
Blend AI Expands to the U.S., Strengthening AI-Powered Ad Optimization for E-Commerce Brands
Sydney-based adtech startup Blend AI has taken a major step in its global expansion by opening its first U.S. office in Austin, Texas. This move comes as the company continues to grow its AI-driven platform, which helps e-commerce businesses optimize ad ...
Prophetic Secures Seed Funding to Revolutionize Real Estate Development Software
Portland-based Prophetic, a rising star in real estate development software, has successfully closed a seed funding round to fuel its mission of transforming site planning and data analysis for the real estate industry. This move comes on the heels of th ...