Private equity firms built their reputations on driving operational efficiency inside portfolio companies. They professionalized management teams, optimized pricing, tightened supply chains and expanded margins. Now, that same discipline is being applied inward. Across the industry, firms are embedding artificial intelligence into their own sourcing engines, internal workflows and investment...
Ambient AI might be healthcare’s first measurable wave of artificial intelligence productivity. Rather than replacing clinicians, ambient AI systems passively listen to patient encounters and automatically generate structured notes inside the electronic health record. By targeting one of medicine’s most persistent operational burdens, administrative overload, these tools are becoming...
Payments platform Paysafe expanded its program that provides training and support to independent sellers who want to build a career in payments.
The company’s U.S. Agent Recruitment Program is now accepting applications from early career professionals and community-connected sellers who can help small- to medium-sized businesses (SMBs) accept cards and other payment methods and...
The Treasury Department will release six resources designed to enable secure and resilient artificial intelligence (AI) across the financial system.
The resources will be released in stages through the end of February, the Department said in a Wednesday (Feb. 18) press release.
They will provide an integrated approach to governance, data practices, transparency, fraud and digital...
Walk into a top-tier mall in a high-income suburb right now and you can still feel echoes of the holiday rush: full parking decks, busy food halls and steady lines at the “can’t-get-it-online” stores. Drive 20 minutes in the other direction and you may find an enclosed mall that feels more like a stranded asset, with dark corridors, empty anchor boxes and “for lease” signs that have become part...
World Labs, the frontier artificial intelligence research and product company founded by AI pioneer Fei-Fei Li, raised $1 billion in new funding.
“We are focused on accelerating our mission to advance spatial intelligence by building world models that revolutionize storytelling, creativity, robotics, scientific discovery and beyond,” World Labs said in a Wednesday (Feb. 18) blog post...
Freelance services marketplace Fiverr continues to see the impact of artificial intelligence (AI) on its business.
During the company’s earnings call Wednesday (Feb. 18), management discussed Fiverr’s ongoing transformation at a time when AI plays a role in hiring and compresses the lifetime of projects.
“The result is not less work,” Micha Kaufman, founder and CEO of Fiverr, told...
Europe-focused payment automation/e-invoicing platform Banqup has launched a partnership with Visa.
The collaboration, announced Wednesday (Feb. 18), is being driven by the rapid onset of e-invoicing rules in Europe, set to go into effect by 2028, requiring companies to digitize and standardize invoice issuance, exchange and reporting.
“This is not just a compliance shift, it is a...
The Federal Reserve wants to get banks to focus on mortgage lending once more, The Wall Street Journal reported Wednesday (Feb. 18).
Many banking giants in the United States got out of the home loan business following the 2008 financial crisis, with nonbanks like Rocket and Pennymac taking their place, the report said. New rules created in response to the Wall Street meltdown required...
Former Google DeepMind scientist David Silver is raising $1 billion to build a new artificial intelligence lab, the Financial Times reported Tuesday (Feb. 17).
The seed round is expected to value the startup at $4 billion, not including the new investment, according to the report.
The round is being negotiated, and the terms could change, the report said.
Silver formed the startup,...