Elon Musk’s artificial intelligence (AI) startup xAI reportedly raised $5 billion in a funding round, valuing the company at $50 billion. The new financing brings the...
Market watchers are bracing for potentially historic volatility when Nvidia reports its earnings on Wednesday (Nov. 20), according to Bloomberg News. The chip giant’s stock...
Class8, formerly known as FleetOps, has raised $22 million in a Series A funding round to promote its original equipment manufacturer (OEM)-integrated, artificial intelligence (AI)-powered logistics...
Global FinTech Revolut plans to offer its customers in the United Kingdom new trading products and features after receiving a U.K. trading license from the...
Big banks and private finance groups are both chasing the artificial intelligence (AI) craze. But for at least one of those Wall Street banking giants...
Stocks took a breather on Thursday (Nov. 14), but the general trend of the FinTech IPO Index was up and to the right. This week,...
Thrive Capital is reportedly in discussions to invest $1 billion in analytics software maker Databricks. This deal would value the company around $55 billion, Bloomberg News reported Thursday (Nov....
Venture capital firms are reportedly struggling amid a lack of mergers, acquisitions and public listings. It’s a situation that has led to a liquidity drought...
Call it a financial services ecosystem or even a financial services marketplace. But don’t call MoneyLion a neobank. As CEO Dee Choubey told Karen Webster...