‘Is this real?’ JPMorgan court filing shows Frank employees questioned stats before acquisition
Employees of a startup purchased by JPMorgan Chase expressed disbelief when the company’s founder directed them to boost their customer…
Bank of America makes $500 million equity push for minority- and women-led funds
Bank of America has committed to giving more than $500 million in equity investments to minority- and women-led fund managers…
Nvidia-backed platform that turns text into A.I.-generated avatars boosts valuation to $1 billion
Synthesia, a digital media platform that lets users create artificial intelligence-generated videos, has raked in $90 million from investors —…
Andreessen Horowitz to open first office outside the U.S. in London in bet UK will become crypto hub
LONDON — Andreessen Horowitz is opening its first office outside of the U.S. in London, the venture capital firm announced…
The family office for Mark Zuckerberg and Jack Dorsey backs French rival to Microsoft Excel
French business planning software startup Pigment has raised $88 million in a funding round led by ICONIQ, the private investment…
Boss of Goldman-backed digital bank Starling to step down next month
The co-founder of Starling, one of the U.K.’s largest digital banks, is set to step down as CEO next month,…
JPMorgan is developing a ChatGPT-like A.I. service that gives investment advice
JPMorgan Chase is developing a ChatGPT-like software service that leans on a disruptive form of artificial intelligence to select investments…
TripAdvisor rival GetYourGuide nears $2 billion valuation as it raises fresh funds to invest in A.I.
German online travel startup GetYourGuide raised $194 million from investors, hoping to capitalize on a bump in demand for travel…
Fintech giants Klarna and Block slam ‘outdated’ UK buy now, pay later regulation proposals
The U.K.’s plan to regulate the buy now, pay later industry is “outdated” and will lead to worse consumer outcomes,…
VC firms create $60 billion-plus climate tech alliance with backing from the UN
A group of venture capital firms including Tiger Global and Union Square Ventures on Tuesday set up an alliance aimed…
