Adobe is introducing AI Assistant, a new generative artificial intelligence-powered conversational engine for Reader and Acrobat. Still in beta mode, AI Assistant instantly creates summaries and insights from long documents. The model is also able to answer questions and format data for sharing in emails,...
Recogni, an artificial intelligence (AI)-based computing firm, has closed a Series C funding round, securing $102 million. The funding will be used to drive the development of next-generation systems for AI inference solutions that aim to significantly boost performance and power efficiency while offering the...
As retailers look to drive omnichannel engagement to boost customers’ spending, Home Depot is linking the online shopping experience to its physical stores, catering to high-value Click-and-Mortar™ shoppers. The home improvement retail giant, which has more than 2,300 locations across North America, shared on a...
Monzo, the British FinTech unicorn, is aiming for a £4 billion valuation in its latest funding round. The digital bank, which currently has over nine million U.K. personal current account customers, is in discussions with investors to raise fresh funds, according to The Financial Times....
A foundational truth about B2B payments is that they aren’t really about payments. Rather, commercial transactions are built on the back of workflows and data. “It’s workflows and data first, and payments second,” Ben Weiner, senior vice president and global head of B2B payments at...
San Francisco is reportedly once again at the center of a tech revival, with entrepreneurs and investors returning to the city after a period of exodus during the pandemic. Tech leaders who had previously relocated to cities like Miami are now returning to San Francisco,...
Embedded finance workflows startup Monite added $6 million to its seed funding, bringing its total to $16 million. The firm will use the new funding to further enhance its standing in the European market and expand in the United States, Monite said in a Monday...
The European Commission has opened formal proceedings against TikTok under the Digital Services Act, saying the regulator aims to protect the well-being of online users. The action follows concerns related to the protection of minors, advertising transparency, data access for researchers, and the management of...
Stark Bank, a growing FinTech startup based in Sao Paulo, Brazil, reportedly caught the attention of investors including Jeff Bezos’ family office, Bezos Expeditions, which participated in the firm’s 2022 Series B round. The company is one of the few Latin American startups backed by...