London-based artificial intelligence startup Noxus has raised £1.2 million in pre-seed funding to advance its AI workforce platform. The funding round was led by SFC Capital and will support the development and scaling of the company’s technology, as well as its operational expansion. Noxus is focused on helping enterprises integrate AI into their workforce seamlessly, […]
OpenAI CEO Sam Altman on Friday signaled willingness to bring a Stargate-like artificial intelligence program to Europe, saying his company would “love” to do a Stargate Europe. Stargate is a US venture launched by US President Donald Trump that involves backers like OpenAI, Softbank and Oracle. Up to $500 billion will be invested in AI […]
SoftBank is close to finalizing a $40 billion primary investment in OpenAI at a $260 billion pre-money valuation, sources told CNBC’s David Faber. SoftBank would pay out the funding, which would mean a $300 billion post-money valuation for OpenAI, over the next 12 to 24 months, with the first payment coming as soon as spring, Faber […]
Dubai, UAE – Mastercard has joined forces with Payrails, a payment technology company, to accelerate digital payment transformation and foster innovation tailored to the needs of large enterprises. Through this partnership, the two companies aim to provide efficient payment solutions that enable global businesses to streamline complex transactions, boost flexibility, and optimize financial operations. Combining Payrails’ expertise in […]