Element AI, a Montreal-based AI platform and incubator that is aiming to be the place for all companies that want to build or add AI into their businesses, has raised $102 million in the venture capital funding round. According to a report in TechCrunch, the funding...
On Wall Street, depending on the metric you are tracking, size matters. So it is with market cap and sales. The bigger the better, some say. In the case of tech behemoths, Apple is a yardstick for market cap and multiples. And in one recent...
The USAA (United Services Automobile Assn.) has invested in artificial intelligence startup CognitiveScale for an undisclosed sum, bizjournals.com reported. Though this latest funding was not quantified (and as a result it is unknown whether USAA is in fact a minority owner or majority owner in the firm),...
The Bancor token was able to raise around $147 million earlier this week via an initial coin offering, reported Reuters. According to the report, it’s the second biggest venture capital fundraising by a player in the blockchain industry. Bancor provides technology for the creation of...
It’s no surprise that generational difference will create problems in a household, but it’s also leading to innovations. That’s according to the 2017 U.S. Trust Insights on Wealth and Worth survey that was released Tuesday (June 13) and shows baby boomers and older investors rely...
Entering the last few weeks of the second quarter, payments stocks made a mixed showing last week, with everything from earnings to partnerships to, well, little news impacting stock movements. Shares of Square were up 6 percent, with a little company news that might have, according...
Houzz, the popular photo site used by homeowners to plan renovations, is finalizing a new funding venture capital round of $400 million that will value the home décor and interior design startup at about $4 billion. According to Recode, the new venture capital investment is being...
Addepar, the provider of data collection and monitoring services for the financial industry, has reportedly raised $140 million in venture funding. According to a report in TechCrunch, the venture capital funding, which could push the startup into unicorn status, will help the firm expand outside...
Where might investment riches lie in Asia? One billionaire investor, Tim Draper, sees promise in Indonesia. And the lure there may come in bits and bytes — as in bitcoin and blockchain. Bloomberg reported that the country’s lack of banking infrastructure paves the way for new,...
