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Diameter Pay Raises $10 Million to Expand Stablecoin Payments Infrastructure
Diameter Pay has reportedly raised $10 million in a Series A funding round as the stablecoin payments infrastructure provider looks to expand its banking, payments and digital asset capabilities.…
- The round was co-led by CMT Digital and Lightspeed Faction, according …
- 3) report in The Block.
- Other investors included SixThirty Ventures, Stellar Development Found…
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Anthropic Built the Shopping Brain and Skipped the Wallet
Anthropic, the artificial intelligence company behind Claude, launched a blueprint Wednesday (Sept.…
- 2) that hands retailers prebuilt code for two commerce agent, the comp…
- A shopping agent searches a catalog, compares products and builds a ca…
- A merchant agent works the other side of the store, handling inventory…
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Banks Rewrite Their BaaS Strategies Around Deposits and Fees
Embedded finance can bring banks deposits, fee income and assets generated through somebody else’s distribution.…
- Earnings results showed banks don’t all want the same mix.
- Fifth Third is growing deposits and fees through Newline.
- FinTech partnerships generate nearly all The Bancorp’s deposits, altho…
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Tariffs Are Making Retailers Rethink How Much Choice They Give Shoppers
Retailers are discovering that in a world of tariffs, supply chain uncertainty and cautious consumers, more choice can come with a surprisingly high price.…
- Companies are shrinking their product assortments to reduce the cost a…
- Under Armour has cut more than 25% of its products over the past two y…
- The strategy marks a reversal from the eCommerce-driven era of invento…
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Google Brings Conversational AI Search to Gmail
Google is giving Gmail users a way to avoid manually searching their inbox, according to a Thursday (Sept.…
- 3) company blog post.
- Gmail Live is part of a larger series of new voice artificial intellig…
- “As technology evolves, so does the way we get things done,” the post …
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Nscale Inks $3.5 Billion Deal With Robotics Firm Figure
Artificial intelligence cloud company Nscale has signed a major, multi-year agreement with humanoid robotics developer Figure.…
- This deal will see Nscale provide computing resources for Figure and c…
- 5 billion — and up to $6 billion — to power the development of Figure’…
- “We’re excited to partner with Figure as physical intelligence becomes…
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OpenReserve Gets Nod to Launch ‘Bank That Never Closes’
FinTech company OpenReserve has gotten conditional approval for a U.S.banking charter.…
- The company received that permission from the Office of the Comptrolle…
- “Preliminary conditional approval to charter a de novo national bank i…
- “It is a significant milestone and the beginning of the most demanding…
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Revolut Gets Conditional OCC OK for US Banking Charter
U.K.-based FinTech Revolut is one step closer to launching its American banking business.The company announced Thursday (Sept.…
- 3) that it had received conditional approval from the U.
- Office of the Comptroller of the Currency (OCC) for its U.
- national bank charter.
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Meta is paying to peek at how you use their latest AI model
Most AI tools allow you to opt-out of sharing your usage with the model provider to improve future versions.…
- Meta has taken that idea and put a price tag on it.
- For its new Muse Spark model, intended for operating coding and other …
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Anthropic Breaks With Peers on Massachusetts AI Safety Bill
Anthropic has reportedly broken with other tech giants over a new Massachusetts AI regulation.…
- The proposal before that state’s senate would require artificial intel…
- According to that report, the Massachusetts proposal could establish a…
- This is also happening at a time of increasing concern about rogue AI …
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