Databricks Acquires Startup Neon
Data and artificial intelligence company Databricks acquires Neon, which is a database startup.
AI
TensorWave Raises $100 Million
TensorWave, a Las Vegas-based startup specializing in the development of artificial intelligence infrastructure, announced on Wednesday, May 14, that it managed to raise $100 million in the latest round of financing.
Perplexity Selects PayPal for AI-Powered Payments Within Its Agentic Commerce System
Perplexity and PayPal will allow AI agents on the Perplexity Pro platform to pay for products, travel bookings, or tickets requested by users.
Stash to Add AI to Financial Guidance Platform
Stash has secured $146 million in a Series H funding round to deepen its investment in artificial intelligence for the company’s financial guidance platform.
Google Says Gemma AI Model Surpasses 150 Million Downloads
Google reported that its Gemma open-source artificial intelligence model has been downloaded by users more than 150 million times.
Perplexity AI Reportedly Plans to Launch Browser
The media published information according to which Perplexity AI, which is gradually becoming an increasingly powerful player in the global artificial intelligence industry, is currently in preliminary negotiations on raising investments worth $500 million at a valuation of $14 billion.
Saudi Arabia Launches New AI Company
Saudi Arabia has launched a company to invest across the artificial intelligence value chain.
Relevance AI Raises $24 Million
Relevance AI has secured $24 million in Series B funding.
Sage and AWS Power AI Innovation in Accounting and Compliance
Sage, a leader in the areas of accounting, finance, HR, and payroll technologies for small and medium-sized businesses, announced new progress made as part of its ongoing process of engagement with Amazon Web Services (AWS).
Stripe Announces New Products to Help Businesses Harness AI and Stablecoins
Last Wednesday, May 7, Stripe, which offers programmable financial services to the consumer audience, announced new products.
AI Washing Gains Traction: Red Flags to Watch Out For
While we haven’t yet figured out how to prevent greenwashing in the corporate space, a new threat arises in the form of AI washing. What is it and how do we deal with AI washers? Let’s explore.
OakNorth Taps OpenAI Tech to Deliver AI-Led Digital Banking
OakNorth wants to embed custom-built GPT tools powered by OpenAI into the core of its digital banking platform that serves over 215,000 customers.
Palantir and xAI to Promote Financial Services AI Use
Palantir and xAI are launching a partnership aimed at exploring how companies operating in the financial services sector can use artificial intelligence.
Plaid Integrates Claude AI
Plaid’s Model Context Protocol (MCP) server integrates directly with Claude, a virtual assistant powered by artificial intelligence from startup Anthropic.
Apple and Anthropic Reportedly Develop AI-Powered Coding Platform
The media published information according to which Apple and Anthropic have partnered to develop a platform that will use artificial intelligence to write, edit, and test code for programmers.
Amazon Launches Nova Premier
Amazon released Nova Premier, which, according to this company, is the most capable artificial intelligence model in its Nova family.
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