Investments

ABC’s head of AI research outlined the 7 areas the bank is looking to apply the tech

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ABC Bank’s head of artificial intelligence research has outlined seven strategic areas where the lender plans to deploy AI technology, highlighting how advanced analytics and automation are becoming central to modern banking operations. Speaking at an industry forum, the executive said AI is no longer experimental at ABC but a core capability designed to improve […]

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News aggregation app Initech raises $100 million from existing investors

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Initech, a fast-growing news aggregation app, has raised $100 million in fresh funding from its existing investors, signaling strong confidence in the company’s growth strategy and long-term vision. Key Details of the Funding Funding amount: $100 million Investor type: Existing backers Funding stage: Late-stage / growth round Company focus: AI-driven news aggregation and content personalization

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