The debate over whether artificial intelligence belongs in finance is effectively over. What’s holding adoption back is not ambition, but trust. A new research study from Wakefield Research reveals that while CFOs are eager to deploy AI, they are resisting solutions that force a trade-off betw...
As artificial intelligence increasingly moves from experimentation to infrastructure, one of its most transformative applications is emerging at the intersection of energy, finance, and automation. Distributed clean energy, long fragmented by hardware complexity, manual processes, and rigid credit m...
As artificial intelligence workloads increasingly depend on always-on cloud infrastructure, a new startup is betting that cloud downtime has become one of the biggest unpriced risks in the AI-driven economy.
Mantas today emerged from stealth, announcing a $1.77 million seed funding round and the la...
Emergent, the fast-growing AI software creation platform that helps anyone build full-stack, production-ready web and mobile applications, announced it has raised $70 million in Series B funding from Khosla Ventures and SoftBank Vision Fund 2, with participation from Prosus, Ligh...
IndiaAI, an Independent Business Division (IBD) under the Digital India Corporation (DIC) of the Ministry of Electronics and Information Technology (MeitY), in collaboration with the National Financial Reporting Authority (NFRA), launched the IndiaAI Financial Reporting Compliance Challenge.
This i...
For financial services institutions, this distinction matters deeply. Over the past decade, banks and insurers have successfully deployed artificial intelligence across fraud detection, underwriting, credit assessment, risk analytics, and customer engagement. The use cases were always clear. What ha...
Benzinga, the leading financial news and data provider in North America, announced a strategic partnership with Perplexity, one of the world's fastest-growing AI answer engines. The collaboration will deliver Benzinga's market-moving data and insights directly into Perplexity's AI platform, empoweri...
In an interview with AI Spectrum India, Manas Gond, Founder of Prosperr.io, reflects on why India’s tax ecosystem remained reactive and deadline driven for decades and how that gap inspired Prosperr’s creation in 2022. He discusses how a subscription led, AI plus CA enabl...
Tax management startup Prosperr.io↗ has raised $4 million (Rs 35.8 crore) in a seed funding round led by Jungle Ventures at a post-money valuation of about $15.6 million (Rs 140 crore), cofounder and chief executive Manas Gond told ET.
The round also saw participation from Yatra Angel Netwo...
For years, artificial intelligence computing power has been the domain of large technology companies, top research labs, and institutions with massive data centres. Now, JDH AI (JDH WEALTH LTD), a UK-based fintech innovation company, has announced the upcoming launch of its AI-powered digital asset ...
RockFlow, a Singapore-based AI-native fintech company backed by Lanchi Ventures, recently announced it has raised tens of millions of U.S. dollars in a new financing round. The round was led by a top-tier global digital financial services platform, with continued participation fr...
BetaNXT, a leading provider of wealth management technology solutions with real-time data capabilities and an enhanced advisor experience, announced that it is expanding its investment in AI to drive ongoing product innovation. This latest milestone builds on the success of BetaNXT's existing AI-pow...
Freedom Bank has integrated Artificial Intelligence (AI) into its services, introducing a voice-based assistant in its super app that performs financial operations for entrepreneurs. Routine tasks such as tax payments, payroll, transfers, deposits, withdrawals, fines, and more, totalling 119 command...
iCOMPASS, a Singapore-based regulatory technology (RegTech) firm, has launched ULTRA, the world's first AI-powered compliance operating system for financial institutions. ULTRA harnesses artificial intelligence (AI) and workflow automation to help boards, senior management, and compliance teams proa...
Ensono, the US based IT services and modernisation company, has announced a $250 million investment to accelerate its AI and innovation capabilities in India over the next five years. The commitment will support the creation of a dedicated AI and Innovation division, strengthening engineering, data ...
Indian fintech unicorn CRED has quietly transformed itself into an AI-first organisation, deploying OpenAI's technology to deliver what it calls "concierge-like experiences at scale" for its 15 million monthly users.The members-only platform, which rewards creditworthy individuals for timely credi...
A Canadian cryptocurrency mining company has announced significant expansion in its Bitcoin mining capacity while developing artificial intelligence and high-performance computing infrastructure across North and South America.Hive Digital Technologies reported that it reached 23 exahash per second i...
Pony AI Inc. is preparing to raise approximately HK$6.7 billion (around $862 million) through its Hong Kong listing after telling investors, the Chinese company is planning to offer shares at HK$139 each, according to Bloomberg.
The company intends to sell 42 million shares, with an option to ...
