In the rapidly evolving landscape of artificial intelligence (AI), smaller AI models are making a substantial impact. Historically, AI’s benefits have been harnessed primarily by large corporations with the resources to invest in complex systems. However, the emergence of smaller, more accessible AI models is shifting the competitive dynamics, particularly for small and medium-sized businesses (SMBs) in sectors like retail,
John Caplan, the relatively new CEO of Payoneer Global, has been steering the company on a strategic path of growth through targeted acquisitions. The most recent milestone in this journey is the purchase of Singapore-based Skuad for $61 million, with an additional $20 million contingent on performance metrics. This acquisition marks the third deal Payoneer has closed since Caplan’s takeover
The collaboration between Sharegain and DriveWealth marks a significant milestone in the FinTech world. These two leading financial technology companies are coming together with a shared vision to expand and optimize opportunities within the global securities lending market. Their partnership not only aims to streamline financial services but also to ensure adherence to strict regulatory standards. As each company brings
Nooks, a pioneering company in the sales automation industry, has recently unveiled its AI Sales Assistant Platform (ASAP), backed by a significant $43 million in Series B funding. This influx in capital, led by Kleiner Perkins with participation from Lachy Groom and Tola Capital, boosts Nooks’ total funding to $70 million. The company aims to revolutionize the sales workflow by
The tech world is abuzz with Qualcomm’s recent claims regarding their Snapdragon X Elite Laptop SoC and second-generation Oryon CPU. Qualcomm posits that these chips can outperform Intel’s Lunar Lake and AMD’s Strix mobile SoCs, leading to a heated debate about benchmarks, core configurations, and power efficiency. During the Snapdragon Summit 2024, Qualcomm presented various benchmarking data to substantiate their
The escalating tensions between chipmakers Qualcomm and Arm have reached a critical juncture, with a legal dispute stemming from Qualcomm’s 2021 acquisition of Nuvia, a company specializing in designing custom Arm-compatible chips for servers. This acquisition has ignited a fierce battle over licensing rights, rooted in the agreements initially granted to Nuvia. Before the acquisition, Nuvia held a Technology License
In a bold move aimed at enhancing administrative offerings for small businesses in the UK, business banking platform Tide has announced the acquisition of Onfolk, a UK-based SME payroll solution. This acquisition is expected to significantly streamline payroll processes for Tide’s extensive customer base, which includes over 650,000 small enterprises in the UK alone. By integrating Onfolk’s advanced payroll functionalities
Gusto, an innovative software company, has revolutionized the way small businesses handle payroll and HR tasks. This article delves into how Gusto simplifies these essential business operations, making life easier for entrepreneurs and small business owners. The company aims to remove the complexities and administrative burdens that often bog down small enterprises, allowing them to focus on their strategic growth
In a significant stride toward modernizing the insurance sector, Diesta, a London-based B2B SaaS company, has successfully secured €3.5 million in a seed funding round. The substantial investment was led by FinTech Collective, a New York-based venture capital firm, with additional backing from Commerce Ventures, Restive Ventures, and SixThirty. This latest investment follows a successful €1.8 million pre-seed round from
Global businesses, especially small to medium-sized enterprises (SMEs), often face significant challenges in managing risk and maintaining cash flow. These problems are particularly acute when it comes to offering trade credit and handling invoicing procedures. Recent developments have shown that partnerships between financial service providers can offer innovative solutions to these age-old issues. One such collaboration is between Allianz Trade
Highperformr.AI, a marketing SaaS startup established by former Freshworks executives Ramesh Ravishankar and Srivatsan Venkatesan, has successfully secured $3.5 million in seed funding to advance its innovative platform. This funding round, led by Venture Highway and augmented by contributions from The Neon Fund, Matrix Partners-anchored DeVC, and other angel investors, marks a significant milestone for the company founded in July
Data science is a critical component of modern business, driving innovation and informed decision-making across myriad industries. However, the effectiveness of data science initiatives can vary significantly based on the size and structure of an organization. Startups and large enterprises face unique challenges that shape their approach to data science. This article examines these challenges and offers strategies for overcoming
