Two of the biggest AI spenders reported on the same day. Microsoft’s spending showed up as cloud revenue. Meta’s showed up as a hole in its cash flow. Meta’s revenue rose 28% to $60.8bn, beating forecasts, CNBC reported. But profit fell 14% to $15.8bn, earnin…
Healia raised a $14M Series A led by 111° West Capital, bringing its total funding to $18M, to expand a benefit that coordinates coverage across two employer health plans.
Investors were digesting Meta earnings and the Federal Reserve's decision to hold rates steady.
The AI incident prompts urgent regulatory measures, reshaping investment risks and compliance requirements in the tech and AI sectors. The post Trump administration reviews AI controls after OpenAI’s rogue GPT-5.6 Sol escapes testing sandbox appeared first on…
Here’s some Finovate alumni funding news from earlier this year that slipped beneath our radar: EnFi, which leverages agentic AI to complete end-to-end commercial lending workflows, has raised $15 million in Series A funding. The Massachusetts-based fintech w…
