20:46 UTC
Topic · updated daily · RSS feed for this topic

Finance, VC & PE

Where the money meets the ethics: AI funding rounds, VC and PE moves, valuations and market power — tracked daily.

Transforming Education Summit: UNESCO mobilizes leaders as 113 countries spend more on debt payments than on education

Education is the most powerful investment countries can make, yet it is being systematically underfunded. Our projections show that global aid to education will decline by up to 30% between 2023 and ...
UNESCO AI 22d ago Policy Children & educationFinance, VC & PE

Finale: Takeaways from a Season of AI in Education

Class Disrupted is an education podcast featuring author Michael Horn and Futre’s Diane Tavenner in conversation with educators, school leaders, students and other members of school communities as they investigate the challenges facing the education system in the aftermath of the pandemic — and where we should go from here. Find every episode by bookmarking […]
The 74 (education AI) 22d ago News Children & educationFinance, VC & PE

Formal Mechanisms for Market Stability in Self-Interested Agent Societies: A Marketplace Simulation Study

Self-interested agents, left unconstrained, tend toward defection in repeated social dilemmas, causing cooperative gains from trade to collapse. This paper investigates what formal mechanisms, layered on top of unrestricted communication, are sufficient for a society of such agents to maintain market stability, and how resilient those mechanisms are to adversarial attack. We instantiate the research question as a multi-agent marketplace simulation where 18 LLM agents (DeepSeek-V3) with complemen
arXiv red teaming query 22d ago Research Agents & autonomyFinance, VC & PE

Open-source AI developer tool Ollama raises $65M to grow its platform

Ollama Inc., the largest artificial intelligence platform connecting developers to open models, today announced it has raised $65 million in a new funding round led by Theory Ventures. Benchmark, 8VC, Y Combinator, Pace Capital, 49 Palms, GTMFund, and other investors and angels also participated in the Series B round. Today’s funding brings the company’s total […] The post Open-source AI developer tool Ollama raises $65M to grow its platform appeared first on SiliconANGLE .
SiliconANGLE AI 22d ago News Finance, VC & PE

Investing in Europe’s digital future: Study projects long-term economic impact of the European Competitiveness Fund

Investing in Europe’s digital future: Study projects long-term economic impact of the European Competitiveness Fund Anonymous (not verified) Thu, 07/09/2026 - 17:11 A new study by the Joint Research Centre (JRC) and Directorate-General for Communications Networks, Content and Technology (DG Connect) estimates that every euro invested through the Digital Leadership window of the proposed European Competitiveness Fund (ECF) could generate between €1.84 and €2.21 of EU Gross Domestic Product (GDP)
European Commission 22d ago Policy Finance, VC & PE

Does online sustainability communication shape public discourse? Insights from six years of tenant-housing provider interactions

Authorities increasingly rely on social media to advance sustainability transitions, infrastructure investment, and service reform. Yet how citizens respond to these digital communications remains poorly understood. Existing approaches rely on aggregate engagement metrics (e.g., likes), providing limited insight into discourse structure and quality. We developed a data-driven, multidimensional framework to analyse how social media communication shapes the content of discourse, focusing on sustai
arXiv 22d ago Research Finance, VC & PE

When Synthetic Speech Is All You Have: Better Call GRPO

LLM-based ASR adapted to regulated domains such as banking is bottlenecked by privacy: real speech is costly and legally constrained to collect, making synthetic text-to-speech (TTS) an attractive substitute. Yet synthetic speech stays acoustically mismatched with real recordings, and work on this gap has stayed within supervised fine-tuning (SFT). We instead turn to reinforcement learning, and show that Group Relative Policy Optimization (GRPO) extracts far more from the same synthetic speech t
arXiv 22d ago Research RegulationPrivacy

AI-based fincrime startup Tangos raises $20 million

Financial crime prevention platform Tangos AI has closed a $20 million seed financing round led by Red Dot Capital Partners, with participation from Leaders Fund, Clarim Ventures, VentureIsrael, Signal Fire, Clutch Capital and Selah Ventures and a strategic investment by Bright Data.
Finextra AI 22d ago News Finance, VC & PE

Exclusive: Stone King appoints Jas Bassi as IT director

National UK law firm Stone King has appointed Jas Bassi as its inaugural IT director, marking a significant milestone in the firm’s continued investment in technology, digital transformation and information […] The post Exclusive: Stone King appoints Jas Bassi as IT director appeared first on Legal IT Insider .
Legal IT Insider 22d ago News RegulationFinance, VC & PE

Chinese AI labs pursue custom chips to lower costs but heavy upfront investment a risk

Chinese AI labs are increasingly pursuing proprietary chips, mirroring a global trend towards software-hardware integration, but industry insiders and analysts warn that the strategy carries risk due to the massive upfront investments required. “The core motivation for choosing in-house chips lies in pursuing [greater] hardware-software synergy and lowering long-term operating costs,” said Arisa Liu, chief director and research fellow at Taiwan Industry Economics Services. Paul Triolo, a partner
SCMP Tech (HK/CN) 22d ago News Finance, VC & PE

China’s top DRAM maker sets date for US$4.3b Shanghai IPO amid memory boom

Chinese memory giant ChangXin Memory Technologies (CXMT) kicked off the final stage of its Shanghai listing, setting a subscription date for a share offering that is expected to raise at least 29.5 billion yuan (US$4.3 billion) and would rank as the second-largest on the tech-focused Star Market. China’s leading DRAM maker, based in Hefei in the central province of Anhui, will hold its initial price consultation on Monday and open subscriptions on July 16. The initial public offering (IPO) will.
SCMP Tech (HK/CN) 22d ago News Finance, VC & PE

PitchBook: US venture funding hits $412.7B in first half as AI deals dominate

U.S. venture capital deal value hit $412.7 billion in the first half of 2026, nearly 30% more than investors put to work in all of last year — and a small cluster of giant artificial intelligence rounds accounted for almost the entire jump. That’s according to the second-quarter PitchBook-NVCA Venture Monitor report released Wednesday night. Artificial […] The post PitchBook: US venture funding hits $412.7B in first half as AI deals dominate appeared first on SiliconANGLE .
SiliconANGLE AI 22d ago News Finance, VC & PE

Reinforcing the Generation Order of Multimodal Masked Diffusion Models

Diffusion Language Models (DLMs) have recently achieved substantial progress in natural language generation tasks. Recent research demonstrates that adaptive token generation ordering can significantly improve performance in mathematical reasoning and code synthesis applications. In this work, we investigate the optimization of generation order for both text-to-image synthesis and multimodal understanding. We first establish that, unlike structured problems in language generation such as Sudoku
arXiv 22d ago Research Finance, VC & PE

Prime Intellect raises $130M at $1B valuation for its AI training platform

Artificial intelligence training startup Prime Intellect Inc. has raised $130 million in funding from a group of prominent investors. The consortium included Nvidia Corp.’s NVentures, Intel Capital and Dell Technologies Capital. They were joined by more than a dozen others, including Cloudflare Inc. Chief Executive Matthew Prince. Prime Intellect stated in its Tuesday funding announcement […] The post Prime Intellect raises $130M at $1B valuation for its AI training platform appeared first on Si
SiliconANGLE AI 22d ago News Finance, VC & PE

Will Enterprises Ever Choose SpaceX’s Grok And Cursor?

SpaceX is a rocket company. It also became an AI company the day its founder Elon Musk folded in xAI, inheriting a frontier model in Grok, the planet-scale Colossus training cluster, and the live data feed of the X platform (formerly Twitter). The IPO headlines fixated on the trillionaire status, the stock price, and the […]
Forrester AI blog 22d ago Field notes Finance, VC & PE

Inference chip startup SambaNova valued at $11B in $1B funding round

Chip startup SambaNova Inc. today announced that it has raised $1 billion in funding at a $11 billion valuation. General Atlantic led the Series F round with contributions from more than a dozen others. Intel Capital, Vista Equity Partners and JPMorgan Chase & Co. were among the participants. The investment follows a $350 million round […] The post Inference chip startup SambaNova valued at $11B in $1B funding round appeared first on SiliconANGLE .
SiliconANGLE AI 22d ago News Bias & fairnessFinance, VC & PE

Alight and BNY launch integrated retirement plan

Alight (NYSE: ALIT), a leading benefits administration provider of health, wealth and leave solutions, today announced a collaboration with BNY (NYSE: BNY), a global financial services platforms company, to launch a retirement solution designed to offer defined contribution (DC) and defined benefit (DB) plan sponsors and participants deeper support for plan administration and investing.
Finextra AI 23d ago News HealthcareFinance, VC & PE

DiaLLM: An Investigation into the Robustness-Generation Gap in English Dialect Adaptation

Large language models increasingly \emph{understand} dialectal English, yet still \emph{produce} only standard, US-leaning English, leaving dialectal generation, the harder half of the problem, largely unaddressed. We introduce \textbf{DiaLLM}, which continually pretrains three open-weight language model families on the International Corpus of English and applies implicit and explicit post-training paradigms, each combined with three model alignment strategies, giving the first controlled compar
arXiv 23d ago Research Safety & alignmentFinance, VC & PE

Press Briefing Transcript: Julie Kozack, Director, Communications Department, July 9, 2026

And then on the other side, we have a positive kind of demand and productivity shock, which is coming from the technology cycle and particularly AI-led investment. So, there's two forces that are ...
IMF 23d ago Policy Jobs & economyFinance, VC & PE

User identity conditions moral wrongness ratings in non-reasoning large language models

This study adopts a behavioural bottom-up approach to AI value alignment to investigate whether an implicitly conveyed user identity shifts the moral evaluations of large language models (LLMs). Through a structured, multi-turn conversational protocol across 12,000 interactions, we evaluate AI value alignment in two non-reasoning models, gpt-4.1-mini-2025-04-14 and gemini-2.5-flash-lite. Rather than instructing the models to adopt a persona or prompting them with explicit moral stances, the user
arXiv 23d ago Research Safety & alignmentFinance, VC & PE

SBS embeds AI into core banking platform

SBS, the global financial technology company that more than 1,500 financial institutions rely on to digitally transform the way they operate, is launching SBS AI Foundation, embedding enterprise AI directly into the core banking, lending, and digital banking products its clients already run.
Finextra AI 23d ago News Finance, VC & PE

On Adversarial Vulnerability of Vision-Language Models through the Lens of Intermediate Spectral Subspaces

Adversarial vulnerability in deep neural networks (DNNs) has been studied from the perspectives of decision-boundary geometry, feature robustness, input-output Jacobians, and the instability of inverse problems. Here, we focus on the spectral structure of intermediate linear transformations that propagate information through modern DNNs, an unexplored mechanism of adversarial vulnerability. Specifically, we investigate transformer-based vision-language models, whose linear layers admit interpret
arXiv 23d ago Research Finance, VC & PE

Kaon AI raises $60M to build the next generation of AI-driven interactive entertainment

Kaon AI, a generative artificial intelligence platform and research outfit formerly known as FlowGPT that provides online interactive entertainment, today announced it has raised $60 million across recent funding rounds. The San Mateo company is backed by numerous technology sector venture capital investors, including B Capital, Redpoint Ace, Goodwater Capital and DCM. Today’s announcement follows […] The post Kaon AI raises $60M to build the next generation of AI-driven interactive entertainmen
SiliconANGLE AI 23d ago News Finance, VC & PE

AI in Banking: What is Myth and What is Reality?

At EBAday in Copenhagen, Tapan Agarwal, Head of Payments Solutions and Krishnan Srinivasan (KS), President and Region Head, Europe and CIS Markets, Intellect Design Arena, discussed the myths and truths surrounding AI with FinextraTV. KS began by listing the many ways he has experienced AI being used effectively within banking, firmly defining it as a 'reality' rather than a myth, but notes the constraints that must be navigated within the EU act. Tapan then explains his view on the three primar
Finextra AI 23d ago News Finance, VC & PE

Profile releases AI orchestration platform for banks

Profile (ATH: PROF), a global financial technology leader with a presence in more than 50 countries, today announced the launch of ProfileOne, an enterprise-grade agentic AI orchestration platform designed to help financial institutions move from insight to controlled execution across banking and investment management.
Finextra AI 23d ago News Agents & autonomyFinance, VC & PE

Have a 401(k)? Help ProPublica Investigate What’s Really Happening to Your Money.

The post Have a 401(k)? Help ProPublica Investigate What’s Really Happening to Your Money. appeared first on ProPublica .
ProPublica (Machine Bias) 23d ago News Finance, VC & PE

Meniga integrates with bank AI assistants for conversational banking

Meniga has launched Fini, an advanced, standards-compliant MCP server that enables banks to bring agentic AI into their digital channels using Meniga's financial intelligence.
Finextra AI 23d ago News Agents & autonomyFinance, VC & PE

AI Is Eating the Book World

In 2011, Marc Andreessen, a key figure in California’s venture capital scene, coined the phrase: “Software is eating the world.” The phrase describes the spread of software into everyday life and the displacement of physical business models. This process continues in an unexpectedly literal sense: AI companies purchase used books, scan them, and dispose of them to gather input for their models. The reason for this seemingly cumbersome method is the expectation that it will fall under the fair us
Verfassungsblog (EU law incl AI) 23d ago Field notes Jobs & economyFinance, VC & PE

AI company Eightfold sued for helping companies secretly score job seekers

Jan 21 (Reuters) - Eightfold AI, a venture capital-backed artificial intelligence hiring platform used by Microsoft, PayPal and many other Fortune 500 companies, is being sued in California for allegedly compiling reports used to screen job ... (https://incidentdatabase.ai/cite/1575#7495)
AI Incident Database 23d ago Incidents Jobs & economyFinance, VC & PE

Decentralization and Governance in IoT: Bitcoin and Wikipedia Case

In the era of digital revolution many contemporary events that changed the world were shaped through the internet. Nowadays, the emergence of internet of things (IoT), combining physical objects with virtual networks is expected to have even more influence. This new 'decentralised' structure in the world raises questions such as power, governance and the notion of democracy online. The aim of this paper is to investigate these notions. We have taken the examples of Bitcoin and Wikipedia and exam
arXiv 24d ago Research RegulationFinance, VC & PE

‘Shared blueprint for peace’: Development goals deliver for billions, but challenges remain

With fewer than five years left to achieve the Sustainable Development Goals (SDGs), a new UN report says sustained investment and international cooperation have improved billions of lives, but warns ...
United Nations 24d ago Policy Finance, VC & PE

Exploring the Interaction of Explanation Styles, Context, and Trust of AI Privacy Redaction in AI-mediated Interactions

AI-mediated communication is increasingly being utilized to help facilitate interactions; however, in privacy sensitive domains, an AI mediator has the additional challenge of considering how to preserve privacy. In these contexts, a mediator may redact or withhold information, raising questions about how users perceive these interventions and whether explanations of system behavior can improve trust. In this work, we investigate how explanations of redaction operations can affect user trust in
arXiv cs.HC 24d ago Research PrivacyFinance, VC & PE

LLM Agents for Deliberative Collaboration: A Study on Joint Decision Making Under Partial Observability

Deliberation plays a crucial role in collaboration; when humans work together, they naturally engage in communication to align information and reach an agreement. In this paper, we investigate deliberative large language model (LLM) agents under partially observable joint decision-making tasks. We formalize deliberative collaboration as a cooperative joint decision problem with partial and asymmetric observations, and introduce a scalable benchmark that instantiates this problem across multiple
arXiv 24d ago Research Agents & autonomyFinance, VC & PE

Glass crashes slashed? Ant Group embodied AI unit claims breakthrough in robot sensing

Robbyant, the embodied artificial intelligence arm of Chinese fintech giant Ant Group, launched a new vision model that it claims can help robots overcome a long-standing challenge: accurately perceiving glass, mirrors and transparent objects. The unit of Hangzhou-based Ant Group on Tuesday unveiled its next-generation spatial perception model, LingBot-Depth 2.0, alongside a new foundational visual model called LingBot-Vision, as AI labs race to equip machines with the “brains” required to...
SCMP Tech (HK/CN) 24d ago News Agents & autonomyTransparency

The foundational elements of AI architecture that IT leaders need to scale

With the rapid progress of AI capabilities and the move to agentic systems, organizations are expanding their use cases as the technology continues to grow. That constant evolution also introduces risk, leaving IT leaders to wonder which investments will prove valuable even six months into the future. Returning to the foundational elements of AI architecture—the…
MIT Technology Review 24d ago News Agents & autonomyFinance, VC & PE

Mobile Money, Fintech Gaps and a $3.2 Billion Opportunity Inside Africa’s Displacement Zones

Africa's displacement zones may be the continent's least contested fintech...
Techpoint Africa 24d ago News Jobs & economyFinance, VC & PE

Big EU banks must set out AI risk plan, says top ECB official

BRUSSELS — The EU’s biggest lenders should set out how they will tackle risks from cutting-edge artificial intelligence models by the end of October, the bloc’s top banking supervisor said today. Chair of the supervisory board of the European Central Bank, Claudia Buch, told lenders to put in place action plans outlining how they will […]
Politico Europe Technology 24d ago News Finance, VC & PE

Zhipu AI, MiniMax shares to provide gut check for Hong Kong investors as lock-ups end

Hong Kong’s stock market could face sell-off pressure amid a torrent of new share supply in coming days as the six-month lock-up period ends for hot artificial intelligence and semiconductor picks including Zhipu AI and MiniMax. Meanwhile analysts warned of rising fears of a drain on liquidity as many of the same companies were eyeing large secondary share placements. The market was facing dual selling pressure, said Stevan Tam, associate director at Fulbright Financial. “These stocks have...
SCMP Tech (HK/CN) 24d ago News Finance, VC & PE

China’s chip equipment rally faces earnings test as memory boom fuels bets on local tools

China’s semiconductor equipment industry is heading into the first-half earnings season under intense scrutiny, as a broad stock rally turns one of the tech sector’s least visible niches into a crowded investor trade. The rally has swept across makers of etching, thin-film deposition, cleaning and testing machines, among others, reflecting bets that China’s next round of chip spending will benefit a wider group of domestic suppliers. Shares of Naura Technology Group have soared more than 70 per.
SCMP Tech (HK/CN) 24d ago News Finance, VC & PE

Controlling Tool Use with Heading-Specific Activation Steering

Tool-augmented large language models extend their capabilities beyond parametric knowledge through external tools, but tend to invoke them unnecessarily. We investigate whether tool-use decisions have any stable internal representation that can be extracted and manipulated, a question that is non-trivial given that tools exist entirely in context at inference time and have no direct encoding in model weights. We show that steering vectors extracted from heading-anchors positions exert bidirectio
arXiv 24d ago Research Finance, VC & PE
← Newer Older →